1000 N Riverside Drive
About This Property
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.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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 | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017