RENTED AUG 13, 2025

1208 River Dr Unit 201 Melbourne, FL 32901

Estimated Value: $564,000 - $641,000

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

Highlights

  • Community 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
  • No Tub in Bathroom

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, common area maintenance, cable TV, exterior maintenance, grounds care, HVAC maintenance, insurance, management, repairs, sewer, taxes, trash collection, water
  • Rent includes cable TV, internet, management, trash collection, water
  • $50 Application Fee
  • Assessor Parcel Number 28-37-02-75-00001.0-0007.03

Community Details

Overview

  • Captains Cove Of Melbourne Condo Subdivision
  • Maintained Community

Recreation

  • Community 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

3,485 Sq Ft Lot

Parking

1

Rental Info

  • Furnished: Negotiable
  • Rent Includes: Cable TV, Internet, Management, Trash Collection, Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Common Area Maintenance, Cable TV, 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 - Off Site, Management - Full Time
  • Subdivision Name: Captains Cove of Melbourne Condo
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Deposits and Fees Application Fee: 49.99
  • Deposits and Fees Security Deposit: 3000.0
  • 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
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, His and Hers Closets, Walk-In Closet(s), Primary Bathroom - Shower No Tub, Split Bedrooms
  • Appliances: Disposal, Dishwasher, 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

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

Garage/Parking

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

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-02-75-00001.0-0007.03

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

Closed on
Mar 31, 2020
Sold by
Bought by
Current Estimated Value
$592,670

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
$358,824

Purchase Details

Closed on
Nov 6, 2008
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Feb 27, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 1998
Sold by
Bought by

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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Average Value
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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

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
$355,714 Heritage Title & Escrow
-- Stewart Approved Title Inc
-- Stewart Title Inc
$335,000 Stewart Approved Title Inc
$237,000 --
-- --
$237,000 --
$49,100 --
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 $336,000
Previous Owner $228,800
Previous Owner $101,500
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
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

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 $8,440 $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

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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

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