NOT LISTED FOR SALE

804 S Riverside Dr Indialantic, FL 32903

Estimated Value: $1,823,879

0.58 Acre
$3,144,619 Price per Acre
25,265 Sq Ft Lot

Last Sold August 18, 2023

Last sale price $2,000,000 $1,114 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $10,783/month

17 Days on Market

Highlights

  • 104 Feet of Waterfront
  • Indialantic Elementary School Rated A-
  • No HOA

About This Lot

As of August 2023

The dream lot is waiting for your dream home to be built! Situated just South of Fifth Ave, this .58 acre direct riverfront property with 104 ft of waterfront footage features plenty of the updates you need. With a new hurricane-ready seawall and dock, new fence, new sod, new sprinkler system, & beautiful tropical foliage including coconut-bearing palms! Not to mention the stunning causeway and West-facing sunset views. The ideal location - near restaurants & shopping like Djon's Village Market, Starbucks, and BB's Beach Bar to name a few. It's a 5 minute walk to the beach, and a stones throw from Orlando Park. You're in a top-rated school district with Indialantic, Hoover, and Mel High. The current home is in need of total renovation so it's time to start drawing up your new dream home!

Last Agent to Sell the Property

Rachel Cahill

Denovo Realty Listed on: 06/13/2023

Last Buyer's Agent

Heather Boesch

Engel&Voelkers Melb Beachside License #684723

Engel&Voelkers Melb Beachside

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,541

Lot Details

  • 0.58 Acre Lot
  • 104 Feet of Waterfront
  • River Front
  • Cleared Lot

Schools

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

Community Details

  • No Home Owners Association
  • Indialantic By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-01-Er-3-26.A

Property Details

Property Type

Land

Est. Annual Taxes

$15,541

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Location Tax and Legal Parcel Number2: 28-37-01-Er-3-26.A
  • 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: 15541.0
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.58
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Water Source Public: Yes
  • General Property Information Water Frontage Feet: 104
  • General Property Information Number Of Lots2: 1.0
  • Utilities Sewer Connected: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.58
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

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

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 25264.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-01-Er-3-26.A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 15541.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Aug 17, 2023
Sold by
Osprey Five Inc
Bought by
Couture Brent and Couture Tara
Seller's Agent
Rachel Cahill
Denovo Realty
Buyer's Agent
Heather Boesch
Engel&Voelkers Melb Beachside
List Price
$2,199,900
Sold Price
$2,000,000
Premium/Discount to List
-$199,900
-9.09%
Views
31
Current Estimated Value
$1,823,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$176,121
Avg. Annual Appreciation
-3.78%
Original Mortgage
$1,600,000
Interest Rate
6.81%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 26, 2021
Sold by
Dekalb Properties Llc
Bought by
Osprey Five Inc
Seller's Agent
Vincent Solazzo
One Sotheby's International
Buyer's Agent
Scott Bouchard
One Sotheby's International
List Price
$1,200,000
Sold Price
$1,184,500
Premium/Discount to List
-$15,500
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.39%

Purchase Details

Closed on
Jan 6, 2010
Sold by
Bank Of America Na
Bought by
Dekalb Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Couture Brent $2,000,000 Supreme Title Closings
Osprey Five Inc $1,184,500 Prestige Ttl Of Brevard Llc
Dekalb Properties Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Couture Brent $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $2,000,000 -9.1% $1,114 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $2,199,900 +85.7% $1,225 / Sq Ft
03/26/2021 03/26/21 Sold $1,184,500 -1.3% $659 / Sq Ft View Prior Sale
02/04/2021 02/04/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $1,200,000 -- $667 / 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 $14,947 $830,240 -- --
2024 $17,579 $860,260 -- --
2023 $17,579 $998,160 -- --
2022 $16,189 $953,080 $0 $0
2021 $13,127 $723,830 $612,000 $111,830
2020 $13,375 $726,060 $612,000 $114,060
2019 $13,585 $728,110 $612,000 $116,110
2018 $12,939 $681,490 $561,000 $120,490
2017 $11,547 $610,090 $510,000 $100,090
2016 $11,323 $604,140 $510,000 $94,140
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 967418

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-01-ER-00003.0-0002.6A