RENTED AUG 13, 2025

1208 River Dr Unit 201 Melbourne, FL 32901

Estimated Value: $544,439 - $628,000

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

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Gated Parking
  • Marina View
  • River Access
  • Gated Community

About This Home

As of August 2025

RARE waterfront rental in Captain's Cove, an exclusive gated waterfront community in Melbourne Harbor. Fully renovated from top to bottom, this 2BD/2BA condo is move-in ready. Ground floor entrance to this second story unit with spectacular harbor views. Single car indoor garage and one outdoor reserved parking space included. Available Sept 1 for $2,800 per month based on one year lease. Shorter terms (minimum 3 months) and furnished options negotiable. Easily accessible boat slip (maximum 35 feet) is also available for additional charge.
NO PETS/NO SMOKING/MINIMUM CREDIT SCORE OF 740.

Last Agent to Rent the Property

Misty Morrison

Misty Morrison Real Estate License #3074621 Listed on: 03/26/2025

Last Renter's Agent

Misty Morrison

Misty Morrison Real Estate License #3074621 Listed on: 03/26/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • North Facing Home
  • Fenced

Parking

  • 1 Car Garage
  • Gated Parking
  • Assigned Parking

Property Views

  • Marina
  • Intracoastal
  • River

Home Design

  • Contemporary Architecture
  • Asphalt

Interior Spaces

  • 1,668 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Ceiling Fan
  • Entrance Foyer
  • Security Gate

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Outdoor Features

  • River Access
  • Docks
  • Balcony
  • Courtyard
  • Patio
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Tankless Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 3/26/25
  • The owner pays for association fees, cable TV, common area maintenance, exterior maintenance, grounds care, HVAC maintenance, insurance, management, repairs, sewer, taxes, trash collection, water
  • Rent includes cable TV, internet, water, trash collection, management
  • Short Term Lease
  • $50 Application Fee
  • Assessor Parcel Number 28-37-02-75-00001.0-0007.03
  • Seller Concessions Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Captains Cove Of Melbourne Condo Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Hurricane or Storm Shutters

Condo Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

Parking

1

Rental Info

  • Furnished: Negotiable
  • Rent Includes: Cable TV, Internet, Water, Trash Collection, Management
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Cable TV, Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Management, Repairs, Sewer, Taxes, Trash Collection, Water
  • Available Date: 2025-03-26

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1984
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • Road Surface Type: Asphalt, Paved
  • Reso View: Marina, River, Water, Intracoastal
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Boat Dock, Boat Slip, Gated, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site
  • Subdivision Name: Captains Cove of Melbourne Condo
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-02-75-00001.0-0007.03
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 1668.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • General Property Information Stories Total: 5
  • View Intracoastal: Yes
  • View Marina2: Yes
  • Pets Allowed No: Yes
  • Deposits and Fees Application Fee: 49.99
  • Deposits and Fees Security Deposit: 3000.0
  • Additional Lease Terms Short Term Lease: Yes
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Architectural Style Contemporary: Yes
  • Waterfront Features Intracoastal2: Yes
  • Marketing Remarks:Marketing Remarks: RARE waterfront rental in Captain's Cove, an exclusive gated waterfront community in Melbourne Harbor. Fully renovated from top to bottom, this 2BD/2BA condo is move-in ready. Ground floor entrance to this second story unit with spectacular harbor views. Single car indoor garage and one outdoor reserved parking space included. Available Sept 1 for $2,800 per month based on one year lease. Shorter terms (minimum 3 months) and furnished options negotiable. Easily accessible boat slip (maximum 35 feet) is also available for additional charge. NO PETS/NO SMOKING/MINIMUM CREDIT SCORE OF 740.
  • General Property Information Water Body Access YN3: No
  • Community Features Gated4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, His and Hers Closets, Primary Bathroom - Shower No Tub, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked, Water Softener Owned
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 5
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Water Softener-Owned: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard, Dock, Storm Shutters
  • Fencing: Fenced
  • Acres: 0.08
  • Waterfront Features: Navigable Water, River Access, River Front, Intracoastal
  • Waterfront: Yes
  • Direction Faces: North
  • Patio And Porch Features: Patio, Rear Porch, Side Porch
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Exterior Features:Courtyard: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Dock: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage, Gated
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Gated: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes

Association/Amenities

  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Boat Slip: Yes
  • Association Amenities:Gated2: Yes
  • Owner Pays:Association Fees: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-02-75-00001.0-0007.03

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2020
Sold by
Cannon Mark and Cannon Mary C
Bought by
Mueller William J
Current Estimated Value
$592,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$233,846
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$359,014

Purchase Details

Closed on
Nov 6, 2008
Sold by
Sheive Kathy and Captains Cove #201 Trust
Bought by
Cannon Mark and Cannon Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
6.11%

Purchase Details

Closed on
Feb 4, 2004
Sold by
Sheive Kathy
Bought by
Sheive Kathy and Captains Cove #201 Trust

Purchase Details

Closed on
Feb 27, 2003
Sold by
Sheive Kathy
Bought by
Sheive Kathy

Purchase Details

Closed on
Sep 24, 2001
Sold by
Reid Wayne A and Reid Hazelwood M
Bought by
Sheive Kathy

Purchase Details

Closed on
Feb 27, 1998
Sold by
Reid Wayne A
Bought by
Reid Wayne A and Reid Hazelwood M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Mueller William J $355,714 Heritage Title & Escrow
Cannon Mark -- Stewart Approved Title Inc
Cannon Mark -- Stewart Title Inc
Sheive Kathy $335,000 Stewart Approved Title Inc
Sheive Kathy $237,000 --
Sheive Kathy -- --
Sheive Kathy $237,000 --
Reid Wayne A $49,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mueller William J $336,000
Previous Owner Cannon Mark $228,800
Previous Owner Reid Wayne A $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2025 08/13/25 Rented $2,000 -28.6% --
08/13/2025 08/13/25 Under Contract -- -- --
08/01/2025 08/01/25 Price Changed $2,800 -6.7% $2 / Sq Ft
03/26/2025 03/26/25 For Rent $3,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $8,440 $512,990 -- --
2024 $8,375 $512,990 -- --
2023 $8,375 $560,650 $0 $0
2022 $6,739 $394,170 $0 $0
2021 $6,419 $352,680 $0 $352,680
2020 $5,314 $289,700 $0 $289,700
2019 $5,358 $281,260 $0 $281,260
2018 $5,379 $278,470 $0 $278,470
2017 $5,090 $262,100 $0 $262,100
2016 $4,972 $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

  • Misty Morrison

    Landlord's Agent in 2025

    Misty Morrison

    Misty Morrison Real Estate

    (321) 341-8954

    55 in this area

    263 Total Sales

    Misty Morrison
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Map

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

MLS Number: 1041236

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-02-75-00001.0-0007.03

Florida Brevard County Melbourne 32901

1208 River Dr Unit 201, Melbourne, FL

Not Listed for Sale

Condos

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