$699,000
$40K PRICE DROP

209 & 215 S Riverside Dr Indialantic, FL 32903

Melbourne Beach Neighborhood

Estimated payment $4,552/month

Total Views 6,542
5 Beds
3 Baths
1,751 Sq Ft
$399 Price per Sq Ft

Highlights

  • No HOA
  • Circular Driveway
  • 1 Car Garage
  • Indialantic Elementary School Rated A-
  • Central Heating and Cooling System
  • West Facing Home

About This Home

Exceptional Investment Opportunity in Prime Indialantic Location.
Don't miss this rare chance to own a beautifully updated duplex in the highly desirable area of Indialantic, just south of 5th Avenue. This turnkey property includes both units, perfect for investors, multi-generational living, or live in one and rent the other.
North Unit: 2 bedrooms, 1 bathroom
South Unit: 3 bedrooms, 2 bathrooms

Each unit features modernized kitchens and bathrooms, impact-resistant doors and windows, and private fenced backyards, ideal for enjoying Florida's outdoor lifestyle. Both units also include in-unit laundry with washer and dryer.
Enjoy a walkable coastal lifestyle just minutes to the beach, boutique shops, top-rated restaurants, and the scenic causeway.
Whether you're looking to expand your rental portfolio or secure a beachside home with income potential, this is a must see property in one of the Space Coast most sought after areas.

Listing Agent

Todd Schaneville

Relentless Real Estate Co. License #3602456 Listed on: 05/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,922

Year Built

  • Built in 1952

Lot Details

  • 10,019 Sq Ft Lot
  • West Facing Home
  • Privacy Fence

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Circular Driveway
  • Additional Parking

Home Design

  • Duplex
  • Block Exterior

Interior Spaces

  • 1,751 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-37-36-Eo-00009.0-0025.00

Community Details

Overview

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

Building Details

  • Gross Income $4,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,922

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Reso Property Sub Type: Duplex
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-36-Eo-00009.0-0025.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 8921.57
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 1751.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • General Property Information Stories Total: 1
  • General Property Information Number Of Units Total2: 2.0
  • Utilities Sewer Connected: Yes
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Fencing Privacy: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information Water Body Access YN2: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Fencing: Privacy
  • Acres: 0.23
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Construction Materials:Block2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Circular Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: 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: Multi-Family, Residential
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2730180
  • Parcel #: 27-37-36-Eo-00009.0-0025.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8921.57

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 4100.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $699,000 -3.5% $399 / Sq Ft
06/02/2025 06/02/25 Price Changed $724,000 -2.0% $413 / Sq Ft
05/16/2025 05/16/25 For Sale $739,000 +5.8% $422 / Sq Ft
09/26/2024 09/26/24 Sold $698,500 -3.6% $399 / Sq Ft
08/13/2024 08/13/24 For Sale $724,900 -- $414 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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

MLS Number: 1046350

Space Coast MLS (Space Coast Association of REALTORS®)

Florida Brevard County Indialantic 32903 Melbourne Beach

209 & 215 S Riverside Dr, Indialantic, FL

This home is located at 209 & 215 S Riverside Dr, Indialantic, FL 32903 and is currently priced at $699,000, approximately $399 per square foot. This property was built in 1952. 209 & 215 S Riverside Dr is a home located in Brevard County with nearby schools including Indialantic Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

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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Listing Agent
Todd Schaneville
Section Image
Relentless Real Estate Co.
(321) 341-4553