NOT LISTED FOR SALE

2780 N Riverside Dr Indialantic, FL 32903

Estimated Value: $3,024,000 - $4,047,000

4 Beds
5 Baths
4,205 Sq Ft
$824/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $2,815,000 $669 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $21,726/month

14 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Saltwater Pool
  • Indialantic Elementary School Rated A-
  • Intracoastal View
  • 0.98 Acre Lot

About This Home

As of September 2021

A Spectacular 1 acre Estate fronting the Indian River on the exclusive Riverside Drive between the causeways! This magnificent property contains literally the BEST of every feature the market currently offers! There is not a single thing that needs to be done. With Exquisite reclaimed 100 year old barn wood flooring throughout, you sense the tranquility and superior finishes and construction the moment you enter this home. With sprawling loggias, balconies, and covered porches that truly allow outdoor Florida living, the presence of water is everywhere! A Completely covered and shaded Loggia with a fully functional outdoor living area, summer kitchen, and beautiful pool, you are perfectly positioned for viewing the water and our spectacular sunsets. ** SEE MORE FOR FEATURES Features Such as an entire 2nd floor Master with private fireplace and terraces, a whole house generator, separate office and exercise room are just a few of the extras. An additional 800SF bonus room over the garage (not included in the square footage) that just needs finishing, could be a perfect screening room, theater, play room or bonus room and it Already has French doors to a balcony with views to the ocean. Solid construction both levels are block with poured concrete. The estate is fully gated with a private keypad entry gate and newer roofed dock with multiple platforms. Authentic Chicago bricks pave the driveway and pool pavilion. Its a dream home! Come and see for yourself!'||chr(10)||'

Last Agent to Sell the Property

Stephanie Dandridge

One Sotheby's International License #3273655 Listed on: 07/21/2021

One Sotheby's International

Last Buyer's Agent

Michelle Mckinney

RE/MAX Elite License #3079680

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,066

Year Built

  • Built in 2007

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 101 x 422
  • Home fronts a seawall
  • River Front
  • East Facing Home
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • River
  • Pool

Home Design

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

Interior Spaces

  • 4,205 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom
  • Solar Tube

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security System Owned
  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Saltwater Pool
  • Balcony
  • Patio
  • Outdoor Kitchen
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Whole House Permanent Generator
  • Propane
  • Well
  • Electric Water Heater
  • Aerobic Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-37-23-00-00008.0-0000.00

Community Details

Recreation

  • Boat Dock

Additional Features

  • No Home Owners Association
  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,066

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Pool, River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security Gate, Security System Leased, Security System Owned, Smoke Detector(s), Other, Entry Phone/Intercom
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 27-37-23-00-00008.0-0000.00
  • 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: 28066.4
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 4205.0
  • General Property Information Building Area Total3: 5541.0
  • General Property Information Lot Size Acres: 0.98
  • General Property Information Lot Size Square Feet2: 42689.0
  • 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
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Pets Allowed Yes: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Cooling Zoned: Yes
  • Pool Features Solar Heat: Yes
  • Security Features Security System Owned: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Electric Whole House Generator: Yes
  • Interior Features Butler Pantry: Yes
  • Interior Features Guest Suite: Yes
  • Pool Features Electric Heat: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Security Features Security System Leased: Yes
  • Utilities Natural Gas Connected: Yes
  • Fencing Wrought Iron: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 101 x 422
  • Pool Features Salt Water: Yes
  • Utilities Propane3: Yes
  • Room Types Bonus Room: Yes
  • Interior Features Jack and Jill Bath: Yes
  • View Intracoastal: Yes
  • Flooring Marble: Yes
  • Sewer Aerobic Septic: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Butler Pantry, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, Jack and Jill Bath, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Solar Tube(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Marble, Wood
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Freezer, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 2
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Solar Tube(s): Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Exterior Features: Balcony, Outdoor Kitchen, Storm Shutters
  • Pool Features: Electric Heat, Private, Salt Water, Solar Heat
  • Roof: Metal
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.98
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Available, Water Available, Propane
  • Heating: Central, Electric, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 101 x 422
  • Lot Size Sq Ft: 42689.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2725467
  • Parcel #: 27-37-23-00-00008.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 28066.4

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 13, 2021
Sold by
Grossman Jennifer S
Bought by
Spellman Carol F and Spellman Daniel E
Seller's Agent
Stephanie Dandridge
One Sotheby's International
Buyer's Agent
Michelle Mckinney
RE/MAX Elite
List Price
$2,895,000
Sold Price
$2,815,000
Premium/Discount to List
-$80,000
-2.76%
Current Estimated Value
$3,463,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,429
Avg. Annual Appreciation
5.19%
Original Mortgage
$1,320,000
Outstanding Balance
$1,178,770
Interest Rate
1.62%
Mortgage Type
New Conventional
Estimated Equity
$2,284,659

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 29, 2018
Sold by
Graf Michele M and Graf Rudy J
Bought by
Grossman Jennifer S
Seller's Agent
Tina Murphy
Realty World Curri Properties
Buyer's Agent
Selene Sedeno
Tailored Investment Group,Inc.
List Price
$2,100,000
Sold Price
$1,950,000
Premium/Discount to List
-$150,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$1,500,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2010
Sold by
Dugan Kevin F and Dugan Diane T
Bought by
Graf Michele M and Michele M Graf Trust

Purchase Details

Closed on
Mar 10, 2008
Sold by
Hobgood Clifton James and Hobgood Rachel Nave
Bought by
Dugan Kevin F and Dugan Diane T

Purchase Details

Closed on
Jun 30, 2005
Sold by
Walsh Kevin and Walsh Melissa
Bought by
Hobgood Clifton James and Hobgood Rachel Nave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.57%

Purchase Details

Closed on
Jun 19, 2003
Sold by
Riverside Of Melbourne Llc
Bought by
Walsh Kevin and Walsh Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 27, 2000
Sold by
Mcpherson John Ramey and Mcpherson Teresa S
Bought by
Riverside Melbourne L L C

Purchase Details

Closed on
Nov 23, 1998
Sold by
Big Wednesday Corp
Bought by
Mcpherson John Ramey and Mcpherson Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.77%
Source: Public Records

Range of Values:

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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
Spellman Carol F $2,815,000 State Title Partners Llp
Grossman Jennifer S $1,950,000 Alliance Title Insurance Age
Graf Michele M $1,400,000 Attorney
Dugan Kevin F $2,050,000 Attorney
Hobgood Clifton James $1,295,000 Ticor Title
Walsh Kevin $500,000 Aurora Title Ii Inc
Riverside Melbourne L L C $497,500 --
Mcpherson John Ramey $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spellman Carol F $1,320,000
Previous Owner Grossman Jennifer S $1,500,000
Previous Owner Hobgood Clifton James $550,000
Previous Owner Walsh Kevin $1,000,000
Previous Owner Mcpherson John Ramey $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2021 09/15/21 Sold $2,815,000 -2.8% $669 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $2,895,000 0.0% $688 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $2,895,000 +48.5% $688 / Sq Ft
06/29/2018 06/29/18 Sold $1,950,000 -7.1% $464 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $2,100,000 -- $499 / 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 $41,017 $2,483,820 -- --
2024 $40,304 $2,413,820 -- --
2023 $40,304 $2,343,520 $874,800 $1,468,720
2022 $39,924 $2,369,580 $0 $0
2021 $27,434 $1,517,200 $654,000 $863,200
2020 $28,066 $1,543,440 $654,000 $889,440
2019 $28,253 $1,495,890 $654,000 $841,890
2018 $22,752 $1,220,530 $0 $0
2017 $22,895 $1,195,430 $0 $0
2016 $23,678 $1,170,850 $539,000 $631,850
2015 $21,791 $1,051,590 $459,000 $592,590
2014 $21,486 $1,043,250 $459,000 $584,250
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 910566

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-23-00-00008.0-0000.00