209 S Riverside Dr Indialantic, FL 32903
Melbourne Beach NeighborhoodEstimated payment $4,545/month
Total Views
6,956
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.
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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $8,672 | $505,440 | -- | -- |
| 2023 | $8,672 | $486,720 | $243,000 | $243,720 |
| 2022 | $4,304 | $290,750 | $0 | $0 |
| 2021 | $4,426 | $282,290 | $171,000 | $111,290 |
| 2020 | $4,969 | $268,850 | $171,000 | $97,850 |
| 2019 | $4,583 | $244,410 | $171,000 | $73,410 |
| 2018 | $4,379 | $232,000 | $0 | $232,000 |
| 2015 | $3,618 | $173,000 | $120,000 | $53,000 |
| 2014 | $3,413 | $160,000 | $110,000 | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | For Sale | $699,000 | 0.0% | $399 / Sq Ft |
| 08/22/2025 08/22/25 | Off Market | $699,000 | -- | -- |
| 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 | -- | $422 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $698,500 | None Listed On Document | |
| Special Warranty Deed | $162,100 | North American Title Company | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $287,000 | Alday-Donaldson Title Agenci | |
| Warranty Deed | $87,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $523,875 | New Conventional | |
| Previous Owner | $314,000 | No Value Available | |
| Previous Owner | $229,600 | Unknown | |
| Previous Owner | $88,000 | No Value Available |
Source: Public Records
Similar Homes in Indialantic, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1046350
APN: 27-37-36-EO-00009.0-0025.00
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