NOT LISTED FOR SALE

1208 River Dr Unit 201 Melbourne, FL 32901

Melbourne Area

Estimated Value: $573,406

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

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Cannon Mark and Cannon Mary C
Bought by
Current Estimated Value
$573,406

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
$216,395
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$357,011

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Melbourne, FL

  • Tim Sparks Real Estate Agent - C. Apollo Realty Inc

    Tim Sparks

    C. Apollo Realty Inc

    (321) 730-2506

    70 Total Sales

    6 in Melbourne

    $133K - $355K Price Range

    Tim Sparks
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  • Marianne Brownfield Real Estate Agent - Brownfield R. E. Group. Inc.

    Marianne Brownfield

    Brownfield R. E. Group. Inc.

    (321) 341-5664

    68 Total Sales

    6 in Melbourne

    $75K - $430K Price Range

    Marianne Brownfield
     Section Image
  • Celeste Van Ewyk Real Estate Agent - Walker Bagwell Properties Ltd

    Celeste Van Ewyk

    Walker Bagwell Properties Ltd

    (321) 351-3233

    30 Total Sales

    1 in Melbourne

    $400,000 Price

    Celeste Van Ewyk
     Section Image
  • Shane Burgman Real Estate Agent - Real Broker LLC

    Shane Burgman

    Responds Quickly

    Real Broker LLC

    (321) 450-8803

    186 Total Sales

    20 in Melbourne

    $74K - $910K Price Range

    Shane Burgman
     Section Image
  • Catalina Schreader Real Estate Agent - Nexthome Coastal Vista

    Catalina Schreader

    Nexthome Coastal Vista

    (321) 450-8818

    56 Total Sales

    4 in Melbourne

    $160K - $786K Price Range

    Catalina Schreader
     Section Image
  • John King Real Estate Agent - RE/MAX Crown Realty

    John King

    RE/MAX Crown Realty

    (772) 646-9504

    889 Total Sales

    1 in Melbourne

    $433,000 Price

    John King
     Section Image
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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
Sheive Kathy $335,000 Stewart Approved Title Inc
Cannon Mark -- Stewart Title Inc
Cannon Mark -- Stewart Approved Title Inc
Sheive Kathy $237,000 --
Sheive Kathy -- --
Sheive Kathy $237,000 --
Reid Wayne A $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 Cannon Mark $228,800
Previous Owner Sheive Kathy $213,000
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
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
2026 $9,144 $430,140
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 Real Estate Agent - Misty Morrison Real Estate

    Landlord's Agent in 2025

    Misty Morrison

    Misty Morrison Real Estate

    (321) 341-8954

    304 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

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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