NOT LISTED FOR SALE

1406 S Riverside Dr Indialantic, FL 32903

Estimated Value: $3,022,538 - $3,840,000

5 Beds
7 Baths
5,763 Sq Ft
$560/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $3,500,000 $607 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $18,642/month

Highlights

  • Docks
  • Home fronts a seawall
  • The property is located in a historic district
  • Gemini Elementary School Rated A-
  • Boat Lift
  • Gated Parking

About This Home

As of November 2024

For Comp Purposes only. Magnificent waterfront estate. Gated Spanish Colonial home on one of the largest Riverfront lots on Riverside Drive.

James Dandridge

One Sotheby's International License #3610969 Listed on: 11/15/2024

One Sotheby's International

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 1.7 Acre Lot
  • Home fronts a seawall
  • River Front
  • East Facing Home
  • Back Yard Fenced
  • Front and Back Yard Sprinklers
  • Many Trees
  • Historic Home

Parking

  • 2 Car Garage
  • Gated Parking

Home Design

  • Spanish Architecture
  • Block Exterior

Interior Spaces

  • 5,763 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Furniture Can Be Negotiated
  • Wood Burning Fireplace
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Convection Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Boat Lift
  • Docks
  • Balcony
  • Courtyard
  • Deck
  • Terrace

Location

  • The property is located in a historic district

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

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

Community Details

  • No Home Owners Association
  • Indialantic By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-01-Es-00067.0-0018.00

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

1.7 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Lower Level, Upper Level
  • ResoLotFeatures: Historic Area, Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Architectural Style: Historic, Spanish
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-01-Es-00067.0-0018.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 5763.0
  • General Property Information Lot Size Acres: 1.7
  • General Property Information Lot Size Square Feet2: 74052.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Interior Features Breakfast Nook: Yes
  • Interior Features Guest Suite: Yes
  • Exterior Features Boat Lift: Yes
  • Lot Features Historic Area: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 2
  • Laundry Features Lower Level: Yes
  • Fencing Back Yard: Yes
  • Laundry Features Upper Level: Yes
  • Architectural Style Spanish: Yes
  • Architectural Style Historic: Yes
  • Marketing Remarks:Marketing Remarks: For Comp Purposes only. Magnificent waterfront estate. Gated Spanish Colonial home on one of the largest Riverfront lots on Riverside Drive.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Eat-in Kitchen, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer, Wine Cooler
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 2
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Freezer: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Wine Cooler: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Balcony, Courtyard, Dock, Boat Lift
  • Fencing: Back Yard
  • Acres: 1.7
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Deck, Rear Porch, Screened, Terrace
  • Construction Materials:Block2: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Courtyard: Yes
  • Waterfront Features:Seawall: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Dock: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Terrace: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Gated
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Gated: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 74052.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-01-Es-00067.0-0018.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Nov 12, 2024
Sold by
Brown Marty R
Bought by
Mckegg William Campbell and Mckegg Jeanne Margaret
List Price
$3,500,000
Sold Price
$3,500,000
Views
3
Current Estimated Value
$3,229,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$270,115
Avg. Annual Appreciation
-6.08%

Purchase Details

Listed on
Nov 15, 2024
Closed on
Nov 1, 2024
Sold by
Brown Ardina M
Bought by
Brown Marty R
List Price
$3,500,000
Sold Price
$3,500,000
Views
3

Purchase Details

Closed on
Jul 29, 2011
Sold by
Liv Person Barbara A and Liv Barbara A Person Revocable
Bought by
Brown Marty R and Brown Ardina M

Purchase Details

Closed on
Nov 24, 2004
Sold by
Person Barbara A and Person Arthur B
Bought by
Person Barbara A and The Barbara A Person Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.5%

Purchase Details

Closed on
Oct 29, 2003
Sold by
Person Barbara A and Person Arthur B
Bought by
Person Barbara A and The Barbara A Person Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.04%

Purchase Details

Closed on
Jun 6, 2002
Sold by
Person Arthur B and Person Barbara A
Bought by
Person Barbara A

Purchase Details

Closed on
Dec 23, 1997
Sold by
Boyd Joseph E and Boyd Edith A
Bought by
Person Arthur B and Person Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.2%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mckegg William Campbell $3,500,000 State Title Partners
Mckegg William Campbell $3,500,000 State Title Partners
Brown Marty R $100 None Listed On Document
Brown Marty R $100 None Listed On Document
Brown Marty R $100 None Listed On Document
Brown Marty R $1,300,000 The Title Station Inc
Person Barbara A -- Aurora Title
Person Arthur B -- Aurora Title
Person Barbara A -- Aurora Title
Person Arthur B -- Aurora Title
Person Barbara A -- --
Person Arthur B $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Person Arthur B $700,000
Previous Owner Person Arthur B $244,000
Previous Owner Person Arthur B $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $3,500,000 0.0% $607 / Sq Ft
11/15/2024 11/15/24 For Sale $3,500,000 -- $607 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $24,638 $2,341,670 -- --
2024 $24,132 $1,454,950 -- --
2023 $24,132 $1,412,580 $0 $0
2022 $22,559 $1,371,440 $0 $0
2021 $23,342 $1,331,500 $0 $0
2020 $23,375 $1,313,120 $0 $0
2019 $23,129 $1,283,600 $0 $0
2018 $23,318 $1,259,670 $0 $0
2017 $22,516 $1,233,770 $0 $0
2016 $22,769 $1,208,400 $767,000 $441,400
2015 $24,752 $1,260,250 $694,500 $565,750
2014 $20,321 $1,023,990 $694,500 $329,490
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: 1029767

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-01-ES-00067.0-0018.00

Your Personal Tour Guide

Ask me questions while you tour the home.