NOT LISTED FOR SALE

1424 S Riverside Dr Indialantic, FL 32903

Estimated Value: $1,802,000 - $3,622,000

4 Beds
4 Baths
3,461 Sq Ft
$845/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $2,400,000 $693 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $18,150/month

133 Days on Market

Highlights

  • Home fronts a seawall
  • Intracoastal View
  • 1.01 Acre Lot
  • Gemini Elementary School Rated A-
  • Heated In Ground Pool
  • Vaulted Ceiling

About This Home

As of December 2020

Welcome to this stunning home with a very low carbon footprint on the Indian River. Serene views of the Intracoastal are enjoyed from nearly every room in this immaculate home. No expense has been spared on the luxurious upgrades and designer finishes throughout this nearly new custom home. 4 bedrooms plus office with plenty of room to showcase toys in the 4+ car garage. An open floor plan allows for sweeping river vistas and effortless entertaining. Solar power constitutes nearly all the electric, making this one of the greenest homes on the Indian River. Enjoy breathtaking sunsets over the river from the expansive back patio complete with pool and spa, designer glass fire pit, and covered lanai. Manatees, mullet runs, playful dolphins, fishing, paddle boards, kayaks and more are waiting for you to enjoy at this exceptional home. Schedule a private showing today.

Last Agent to Sell the Property

Edward Drass

Dale Sorensen Real Estate Inc. License #449294 Listed on: 05/18/2020

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Edward Drass

Treasure Coast Sotheby's Intl

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,994

Year Built

  • Built in 2017

Lot Details

  • 1.01 Acre Lot
  • Home fronts a seawall
  • River Front
  • East Facing Home
  • Vinyl Fence

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • Pool

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,461 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Great Room
  • Dining Room
  • Home Office
  • Library
  • Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Propane
  • High-Efficiency Water Heater
  • Cable TV Available

Additional Features

  • Accessible Full Bathroom
  • Fire Pit

Community Details

  • No Home Owners Association
  • Indialantic By The Sea Association
  • Indialantic By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-01-Es-00067.0-0023.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,994

Year Built

Built in 2017

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • Road Surface Type: Asphalt
  • Reso View: Pool, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security System Leased, Security System Owned, Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Reso Accessibility Features: Accessible Full Bath
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Water Heater
  • Location Tax and Legal Parcel Number2: 28-37-01-Es-00067.0-0023.00
  • 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 Annual Amount: 30993.8
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 3461.0
  • General Property Information Building Area Total3: 5041.0
  • General Property Information Lot Size Acres: 1.01
  • General Property Information Lot Size Square Feet2: 43996.0
  • 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
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Laundry Features Sink: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Security Features Security System Owned: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Security Features Security System Leased: Yes
  • Utilities Sewer Available: Yes
  • Pool Features Salt Water: Yes
  • Utilities Propane3: Yes
  • Pool Features Gas Heat: Yes
  • View Intracoastal: Yes
  • Fencing Vinyl2: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: His and Hers Closets, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile
  • Spa Features: In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Fire Pit
  • Pool Features: Gas Heat, In Ground, Salt Water
  • Roof: Metal
  • Fencing: Fenced, Vinyl
  • Acres: 1.01
  • Pool Private: Yes
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Fire Pit: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available, Propane
  • Heating: Central, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: INDIALANTIC BY THE SEA
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: INDIALANTIC BY THE SEA

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 43996.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2816755
  • Parcel #: 28-37-01-Es-00067.0-0023.00

Green Features

  • Green Energy Efficient:Water Heater: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 30993.8

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Lucas Mark Robert and Lucas Shawna Lee
Bought by
Lucas Mark R and Lucas Shawna L
Current Estimated Value
$2,923,372

Purchase Details

Listed on
May 18, 2020
Closed on
Dec 1, 2020
Sold by
Niland John D and Niland Barbara A
Bought by
Lucas Mark Robert and Lucas Shawna Lee
Seller's Agent
Edward Drass
Dale Sorensen Real Estate Inc.
Buyer's Agent
Edward Drass
Treasure Coast Sotheby's Intl
List Price
$2,600,000
Sold Price
$2,400,000
Premium/Discount to List
-$200,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%

Purchase Details

Closed on
Jun 26, 2017
Sold by
Niland John D and Niland Brabra A
Bought by
Niland John D and Niland Barbara A

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 7, 2016
Sold by
Chellis Dale A and Sergott Toni M
Bought by
Niland John D and Niland Barbara A
Seller's Agent
Teri Eno
Eno Realty, LLC
Buyer's Agent
Edward Drass
Treasure Coast Sotheby's Intl
List Price
$1,500,000
Sold Price
$1,475,000
Premium/Discount to List
-$25,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Dalton Holdings Llc
Bought by
Chellis Dale A and Sergott Toni M

Purchase Details

Listed on
Aug 16, 2014
Closed on
Apr 10, 2015
Sold by
Daniel & Gail Carson Inc
Bought by
Dalton Holdings Llc
Seller's Agent
Anthony Romero
LIV Signature Real Estate, LLC
Buyer's Agent
Teri Eno
Eno Realty, LLC
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Apr 16, 1996
Sold by
Zorn Edgar J and Zorn Elizabeth D
Bought by
Daniel & Gail Carson Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.36%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Lucas Mark R -- Accommodation
Lucas Mark Robert $2,400,000 Alliance Title Ins Agcy Inc
Niland John D -- None Available
Niland John D -- Attorney
Niland John D $1,475,000 State Title
Chellis Dale A -- Attorney
Dalton Holdings Llc $1,300,000 Supreme Title Solutions Llc
Daniel & Gail Carson Inc $498,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniel & Gail Carson Inc $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2020 12/01/20 Sold $2,400,000 -7.7% $693 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $2,600,000 +76.3% $751 / Sq Ft
06/07/2016 06/07/16 Sold $1,475,000 -1.7% $374 / Sq Ft View Prior Sale
05/20/2016 05/20/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $1,500,000 +15.4% $381 / Sq Ft
04/14/2015 04/14/15 Sold $1,300,000 -13.3% $330 / Sq Ft View Prior Sale
03/05/2015 03/05/15 Pending -- -- --
08/14/2014 08/14/14 For Sale $1,500,000 -- $381 / Sq Ft
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 $33,811 $2,040,350 -- --
2024 $33,124 $1,982,850 -- --
2023 $33,124 $1,925,100 $0 $0
2022 $30,979 $1,869,030 $0 $0
2021 $32,065 $1,814,600 $0 $0
2020 $31,701 $1,767,040 $0 $0
2019 $30,994 $1,706,870 $0 $0
2018 $31,251 $1,675,050 $894,000 $781,050
2017 $15,490 $819,430 $814,000 $5,430
2016 $14,158 $724,730 $717,750 $6,980
2015 $15,909 $782,630 $607,250 $175,380
2014 -- $770,470 $607,250 $163,220
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 875811

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-01-ES-00067.0-0023.00