NOT LISTED FOR SALE

1208 E River Dr Unit 202 Melbourne, FL 32901

Estimated Value: $564,000 - $607,000

2 Beds
2 Baths
1,668 Sq Ft
3,485 Sq Ft Lot Lot

Sale Details

Date Sold: July 12, 2021

Last sale price $450,000 $270 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,262 / mo

Highlights

  • Home fronts navigable water
  • Open Floorplan
  • Screened Porch
  • Gated with Attendant
  • Furnished
  • Balcony

About This Home

As of January 2023

Attention Boaters! Just steps to Downtown Melbourne, Next to the Melbourne Yacht Club Overlooking beautiful Melbourne Harbor. This rare offering includes Waterfront Marina Views and TWO DEEDED BOAT SLIPS! Use one and rent the other or rent both. As you walk in you will notice the open floor plan with natural lighting and neutral tones throughout. Each bedroom has its own private sliders leading you to the over sized balcony and the view that overlooks Melbourne Harbor and the Indian River. Captains Cove is a gated, 10 units total, nautically inspired architectural masterpiece that is totally unique to Melbourne. 1 Car Enclosed Garage, Private storage closet are additional amenities. Live the downtown lifestyle and get all the benefits of living the boating lifestyle

Last Agent to Rent the Property

Jennifer Grimes

One Sotheby's International License #3413995 Listed on: 10/18/2022

One Sotheby's International

Last Renter's Agent

Julie Stokes Clemons

Coastal Life Properties LLC License #3469067

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Home fronts navigable water
  • River Front
  • Home fronts a canal
  • East Facing Home

HOA Fees

  • Property has a Home Owners Association

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,668 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Screened Porch
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 10/18/22
  • The owner pays for pest control
  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 28-37-02-75-00001.0-0007.04

Community Details

Overview

  • Captain's Cove Of Melbourne Condo Association
  • Captains Cove Of Melbourne Condo Subdivision

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

3,485 Sq Ft Lot

HOA Fees

$410 per month

Parking

1

Rental Info

  • Furnished: Furnished
  • Rent Includes: Sewer, Trash Collection, Water
  • Lease Term: Month To Month
  • Owner Pays: Pest Control
  • Available Date: 2022-10-18

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1984
  • Reso Property Sub Type: Condominium
  • Reso View: Other
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Gated with Guard
  • Subdivision Name: Captains Cove of Melbourne Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • General Property Information Water Body Access YN3: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Guest Suite
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Acres: 0.08
  • Pool Private: No
  • Waterfront Features: Canal Front, Navigable Water, River Front
  • Waterfront: Yes
  • Direction Faces: East
  • Patio And Porch Features: Screened

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: CAPTAIN'S COVE OF MELBOURNE CONDO
  • Association: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-02-75-00001.0-0007.04

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 12, 2021
Sold by
Bought by
Seller's Agent
Grayling Oates
Engel & Voelkers Melb Downtown
Buyer's Agent
Lindsey Schuetz
Hoven Real Estate
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%
Current Estimated Value
$580,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,057
Avg. Annual Appreciation
5.31%
Original Mortgage
$427,500
Outstanding Balance
$388,068
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$191,989

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 21, 2015
Sold by
Bought by
Seller's Agent
Grayling Oates
Engel & Voelkers Melb Downtown
Buyer's Agent
Garat Oates
Engel & Voelkers New Smyrna
List Price
$295,000
Sold Price
$282,000
Premium/Discount to List
-$13,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$282,000
Interest Rate
4.04%

Purchase Details

Closed on
Jul 1, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Heritage Title And Escrow
$450,000 Heritage Title & Escrow
$282,000 Attorney
$365,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $427,500
Previous Owner $282,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2023 12/23/23 Off Market $282,000 -- --
12/23/2023 12/23/23 Off Market $450,000 -- --
12/16/2023 12/16/23 Off Market $282,000 -- --
01/06/2023 01/06/23 Rented $3,500 0.0% --
01/01/2023 01/01/23 Under Contract -- -- --
10/18/2022 10/18/22 For Rent $3,500 0.0% --
07/12/2021 07/12/21 Sold $450,000 -4.3% $270 / Sq Ft View Prior Sale
05/21/2021 05/21/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $470,000 0.0% $282 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $470,000 +66.7% $282 / Sq Ft
07/21/2015 07/21/15 Sold $282,000 -4.4% $169 / Sq Ft View Prior Sale
05/19/2015 05/19/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $295,000 -- $177 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,523 $512,990 -- --
2024 $8,451 $512,990 -- --
2023 $8,451 $560,650 $0 $0
2022 $6,812 $394,170 $0 $0
2021 $6,005 $352,680 $0 $352,680
2020 $5,314 $289,700 $0 $289,700
2019 $5,358 $281,260 $0 $281,260
2018 $5,416 $278,470 $0 $278,470
2017 $5,243 $262,100 $0 $262,100
2016 $5,277 $249,620 $0 $0
2015 $4,821 $207,070 $0 $0
2014 $4,083 $188,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Grimes

    Landlord's Agent in 2023

    Jennifer Grimes

    One Sotheby's International

    (321) 750-5238

    5 in this area

    49 Total Sales

    Jennifer Grimes
    Section Image

  • J

    Tenant's Agent in 2023

    Julie Stokes Clemons

    Coastal Life Properties LLC

    (321) 432-3599

    14 Total Sales

    Julie Stokes Clemons
    Section Image

  • G

    Seller's Agent in 2021

    Grayling Oates

    Engel & Voelkers Melb Downtown

  • R

    Seller Co-Listing Agent in 2021

    Ryan Fischer

    Engel & Voelkers Melb Downtown

  • Lindsey Schuetz

    Buyer's Agent in 2021

    Lindsey Schuetz

    Hoven Real Estate

    (321) 501-5101

    10 in this area

    50 Total Sales

    Lindsey Schuetz
    Section Image

  • L

    Buyer's Agent in 2021

    Lindsey Lakins

    RE/MAX

See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 947876

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-02-75-00001.0-0007.04

Florida Brevard County Melbourne 32901

1208 E River Dr Unit 202, Melbourne, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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