See Home Value
Brevard 32903
1000 N Riverside Drive
$2,500,000
● House - Off Market

1000 N Riverside Drive

Indialantic, FL 32903
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,085 Ft²
$16,520
Est. Monthly

About This Property

An Extraordinary Riverside Estate -- Land, Water & Limitless Potential. Situated on one of the most prestigious stretches of Riverside Drive in charming Indialantic, Florida, Villa Rotunda located at 1000 N. Riverside Drive represents a singular opportunity in Brevard County's luxury waterfront market. Spanning nearly one full acre along the banks of the Indian River, this property offers approximately 130 feet of direct river frontage -- a rare commodity on a street where estate-sized lots and breathtaking Indian River vistas define the landscape between the Eau Gallie and Fifth Avenue causeways. The riverfront improvements alone place this property in a category of its own. A brand-new vinyl seawall finished with coquina rock anchors the property along the water's edge, providing both lasting structural integrity and a refined, natural aesthetic befitting a luxury estate. Over a multi-year process, the owner undertook an exceptional investment in the dock infrastructure - extending the private dock to an impressive 400 feet, making it among the longest private docks on the Indian River in this corridor. At its terminus, a substantial boathouse has been constructed -- reportedly one of the largest in the area -- purpose-built to house a 40-foot catamaran, yacht, or comparable vessel such as a Sea Ray, complete with a 40,000 lb. boat lift. A second docking area offers additional mooring for another boat, jet ski, or watercraft. Step to the end of your dock each evening and you'll understand why this stretch of the Indian River is so coveted -- the western sunsets paint the sky in color and are best enjoyed from the water's edge.  This is one of the very few -- possibly the only -- walled and gated properties along Riverside Drive, offering a level of privacy and security that is virtually unmatched in the area. Approximately 375 feet of perimeter wall runs along both the north and south sides of the property, creating a true private enclave from arrival to waterfront. The grounds have been thoughtfully developed for outdoor living and entertaining. A cabana with a stone fireplace creates an ideal setting for alfresco dining and gathering under the stars. A dedicated fire pit area provides another gathering focal point. A separate gazebo houses a spa and presents the natural opportunity to be reimagined as an outdoor pool bath -- particularly relevant for a new build or full renovation incorporating a riverfront pool. The existing residence -- a Mediterranean-inspired 4-bedroom, 4.5 -bath two story concrete block home of approximately 3,086 square feet built in 1996 -- carries the bones and character of a one-of-a-kind estate, including its distinctive Old World European design heritage known as Villa Rotonda. However, the property is being offered with full acknowledgment that the home is ready for complete transformation. The buyer has two compelling paths forward: a full-scale renovation and redesign utilizing the available architectural design plans, or a clean-slate new construction taking full advantage of the extraordinary lot, water frontage, and existing dock and seawall infrastructure.A complete set of architectural design plans is available for the discerning buyer who is ready to recreate the current riverfront estate into their vision. The infrastructure investment already made -- the seawall, the 400 -foot dock, the boathouse, the perimeter walls -- represents significant capital already deployed and ready to serve a spectacular new residence.

Location. Riverside Drive is one of Brevard County's most sought-after addresses, running along the Indian River between the causeways with no HOA restrictions and a lifestyle defined by waterfront living, proximity to nature, and convenient access to 5th Avenue's dining and shopping, downtown Melbourne, and the Atlantic beaches just minutes away. Whether your vision is a refined remodel or an architectural ground-up masterpiece, 1000 N. Riverside Drive offers the land, the water, the privacy, and the infrastructure to make it extraordinary. Opportunities of this nature on Riverside Drive are exceedingly rare -- and virtually impossible to replicate.
Unit Size
3,085 Ft²
Days on Market
131 days
Land Size
0.87 acres
Price per sqft
$890
Property Type
House
Property Taxes
$3,042
HOA Dues
-
Year Built
1996

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Last updated: 3 months ago (Space Coast MLS #1073773)

Price History

Date / Event Date Event Price
Aug 12, 2026 Sold
Sold
Jul 29, 2026 In contract -
In contract
Jun 29, 2026 Price Decreased $2,745,000
↓ $250K (8.4%)
Price Decreased
Mar 31, 2026 Listed by Golden Group Realty LLC $2,995,000
Listed by Golden Group Realty LLC
Jun 30, 2020 Sold
Sold
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 725
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 41,818
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,138
  • Gross Building Area: 4,138
  • Building Area: 3,085
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,085
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000960
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: S 34.41 FT OF GL 8 LYING W OF COUNTRY RD & N 66 FT OF GL 2 W OF RD

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066302

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 314
  • Account Number: 2730356
  • Parcel: 27-37-36-00-00004.1-0000.00
  • Block: 4.1
  • Meridian: SEC 36 TWN 27S RNG 37E
  • Municipality: INDIALANTIC
  • Latitude: 28.0959
  • Longitude: -80.5796

    Address

  • Full Address: 1000 N Riverside Dr
  • Address - House Number: 1000
  • Street Direction: N
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Indialantic
  • Carrier Code: C009
  • 4-Digit Zip Code: 4621
  • Zip Code: 32903

Valuation

    Tax

  • Total Area: 3,566
  • Tax Year: 2022
  • Tax Amount: $2,907,098
  • Tax Rate Code Area: 54S0

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 3,220,146
  • High Value: 4,626,781
  • Low Value: 1,813,510

    Market Valuation

  • Market Total Value: $2,133,640

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,133,640

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020138461
  • Previous Sale Recording Date: May 27, 2004
  • Previous Sale Contract Date: May 24, 2004
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Brevard


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Frequently Asked Questions

When was property at 1000 North Riverside Drive built and last sold?
The property at 1000 North Riverside Drive was built in 1996 and last sold on Jun 30, 2020 for $1,650,000.
How much is this home worth?
The estimated value of the home located at 1000 North Riverside Drive is $2,798,557.
What are some comparable homes to 1000 North Riverside Drive?
There are currently no comparable homes to 1000 North Riverside Drive.