407 Rio Palma S Indialantic, FL 32903
Paradise Beach NeighborhoodEstimated payment $5,941/month
Highlights
- In Ground Pool
- 1 Fireplace
- Eat-In Kitchen
- Indialantic Elementary School Rated A-
- 2 Car Attached Garage
- Built-In Features
About This Home
*Motivated Sellers!* Priced to sell! This spacious, nearly 4,000 sq ft custom pool home with 5 bedrooms/4 bathrooms in highly-desired Rio Villa offers incredible flexibility and room for everyone and is located only a few blocks from the beach. Hurricane Impact windows and sliders, newer roof and exterior paint in 2019-2020. New smart refrigerator, new dishwasher, landscaping, and irrigation with artesian well, along with fresh interior paint in 2024-2025. BRAND NEW AC units inside and out. With multiple living areas, soaring ceilings, and sunlit open spaces, there's room to spread out, gather, and grow. The versatile layout includes 4 large downstairs bedrooms (2 en-suite), 3 full baths plus pool bath, and a huge laundry room. Upstairs features a bonus room, private office, and 5th bedroom—ideal for guests, teens, or multigenerational living. Located on a quiet cul-de-sac street near top schools and parks!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,206
Year Built
- Built in 1984
Lot Details
- 0.31 Acre Lot
- Street terminates at a dead end
- North Facing Home
- Privacy Fence
- Fenced
- Front and Back Yard Sprinklers
HOA Fees
- $43 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Frame Construction
- Stucco
Interior Spaces
- 3,868 Sq Ft Home
- 2-Story Property
- Furniture Can Be Negotiated
- Built-In Features
- Ceiling Fan
- 1 Fireplace
- Laundry Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Convection Oven
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub and Shower Combination in Primary Bathroom
Pool
- In Ground Pool
Schools
- Indialantic Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- Rio Villa Unit IV Tcb Prop Mgmt Association
- Rio Villa Unit IV Subdivision
- Maintained Community
Listing and Financial Details
- Assessor Parcel Number 27-37-24-55-00000.0-0126.00
Map
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 | $12,078 | $684,350 | -- | -- |
| 2023 | $12,078 | $685,600 | $130,000 | $555,600 |
| 2022 | $8,580 | $537,320 | $0 | $0 |
| 2021 | $8,745 | $521,670 | $0 | $0 |
| 2020 | $8,665 | $514,470 | $100,000 | $414,470 |
| 2019 | $9,017 | $515,680 | $100,000 | $415,680 |
| 2018 | $9,080 | $509,050 | $100,000 | $409,050 |
| 2017 | $8,690 | $434,730 | $100,000 | $334,730 |
| 2016 | $5,711 | $310,370 | $100,000 | $210,370 |
| 2015 | $5,828 | $308,220 | $100,000 | $208,220 |
| 2014 | $5,744 | $305,780 | $100,000 | $205,780 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Price Changed | $940,000 | -2.0% | $243 / Sq Ft |
| 07/24/2025 07/24/25 | Price Changed | $959,000 | -1.6% | $248 / Sq Ft |
| 07/15/2025 07/15/25 | Price Changed | $974,900 | -2.5% | $252 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $999,500 | -1.4% | $258 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $1,014,000 | -0.5% | $262 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $1,019,000 | -2.9% | $263 / Sq Ft |
| 04/15/2025 04/15/25 | For Sale | $1,049,000 | +39.9% | $271 / Sq Ft |
| 12/09/2022 12/09/22 | Sold | $750,000 | -11.8% | $194 / Sq Ft |
| 10/21/2022 10/21/22 | Pending | -- | -- | -- |
| 09/20/2022 09/20/22 | For Sale | $850,000 | +13.3% | $220 / Sq Ft |
| 09/20/2022 09/20/22 | Off Market | $750,000 | -- | -- |
| 08/29/2022 08/29/22 | Price Changed | $850,000 | -10.5% | $220 / Sq Ft |
| 07/09/2022 07/09/22 | Price Changed | $949,900 | -17.4% | $246 / Sq Ft |
| 06/27/2022 06/27/22 | Price Changed | $1,149,900 | -4.2% | $297 / Sq Ft |
| 06/21/2022 06/21/22 | For Sale | $1,200,000 | +127.3% | $310 / Sq Ft |
| 08/19/2016 08/19/16 | Sold | $528,000 | 0.0% | $135 / Sq Ft |
| 08/19/2016 08/19/16 | Sold | $528,000 | -4.0% | $126 / Sq Ft |
| 07/20/2016 07/20/16 | Pending | -- | -- | -- |
| 07/01/2016 07/01/16 | Pending | -- | -- | -- |
| 06/17/2016 06/17/16 | For Sale | $549,900 | 0.0% | $140 / Sq Ft |
| 05/26/2016 05/26/16 | For Sale | $549,900 | -- | $132 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $750,000 | -- | |
| Warranty Deed | $528,000 | Supreme Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $675,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1041391
APN: 27-37-24-55-00000.0-0126.00
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.
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.
- 430 Rio Ln
- 3067 Rio Palma N
- 3070 Rio Plumosa N
- 3090 Rio Pino S
- 588 Rio Casa Dr N Unit II
- 3092 Rio Baya S
- 704 Malibu Ln
- 3078 Rio Baya N
- 610 Rio Pino N
- 457 Veracruz Blvd
- 2345 N Riverside Dr
- 2355 N Riverside Dr
- 751 Malibu Ln
- 544 Solitaire Palm Dr
- 255 Paradise Blvd Unit 16
- 255 Paradise Blvd Unit 40
- 2150 N Highway A1a Unit 211
- 2150 N Highway A1a Unit 207
- 2150 N Highway A1a Unit 308
- 2466 Carriage Ct Unit C1
- 340 Sea Grape St
- 2245 Sunset Ave
- 2355 N Riverside Dr
- 255 Paradise Blvd Unit 25
- 2045 Date Palm Ave
- 2160 N Highway A1a Unit 104
- 2178 Tanager Ct Unit 2
- 290 Paradise Blvd Unit 76
- 134 Diane Cir
- 190 Paradise Blvd Unit 9
- 345 Ocean View Ln
- 2016 Abalone Ave
- 2005 Plumosa Way
- 222 Brian Dr
- 1831 N Highway A1a Unit 3301
- 241 Fay Dr
- 1725 N Highway A1a Unit 403
- 151 Coconut Dr
- 2700 N Highway A1a Unit 8-202
- 2700 N Highway A1a Unit 11-204