$439,000
●
Condo -
Off Market
1208 River Drive #101
Melbourne, FL 32901
2 Beds
2 Baths
1,668 Ft²
$500,667
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
A PRIVATE & SECLUDED UNIT W/UNOBSTRUCTED & AMAZING VIEWS OF THE
MELBOURNE HARBOR, MELBOURNE YACHT CLUB NEXT DOOR PLUS CAPTAIN
COVE'S DOCK & YOUR 2 BOAT SLIPS! GORGEOUS BOAT VIEWS! SHORT
WALK to HISTORIC Downtown Melbourne for Delicious dining and
a unique shopping experience. Its MOVE IN READY & includes TWO
DEEDED BOAT SLIPS to use yourself or rent out to help pay for
the condo fee! TWO DESIGNATED PARKING SPACES (1 IS A GARAGE), TWO
OUTSIDE LIVING SPACES for SUN & SHADE (A BALCONY & PATIO W/WATER
VIEWS & WATER ACCESS), Two SPLIT Bedrooms & two baths, HUGE
Living room & master bedroom w/lux bath overlooking the marina,
spacious dining room, bar area & kitchen with W/D & a private
storage area. Minutes to Melbourne Int'l Airport, many Tech
employers, the mall, Melbourne Beach & 1-95!!
Unit Size
1,668 Ft²
Days on Market
124 days
Land Size
0.08 acres
Price per sqft
$269
Property Type
Condo
Property Taxes
$425
HOA Dues
$571
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (Space Coast MLS #910209)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2023 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by David Curri Real Estate Group | $599,000 | |
| Listed by David Curri Real Estate Group | |||
| | |||
|
New Price!! Leaves more room in the budget to decorate make this unit your very own! Two deeded slips, one with 12,000 pound lift newly installed. Recent upgrades in unit include fresh paint and baseboards throughout with new carpets, flooring and brand-new furniture. New Whirlpool and KitchenAid appliances and washer/dryer just installed too, along with a new wine cooler in your wet bar. Brand new ceiling fans and 3-piece recliner set make relaxing in your condo a breeze. Enjoy the 86'' Flatscreen LED Smart TV in the master for at-home movie nights after an evening on the balcony. Both bathroom vanities and lighting have been updated May 2022 as well. Site improvements include new building roof to be completed late 2022, parking lot sealed and patched July 2022, new garage roof 202
| |||
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2021 | Listed by Carnu Realty LLC | $449,000 | |
| Listed by Carnu Realty LLC | |||
| Oct 1, 2016 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Additional Parking, Assigned, Detached
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built-in Features, His and Hers Closets, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Tile
Exterior Details
Has Property Attached
Square Footage: 1668
Square Footage Source: $0
Security Features: Security Gate
Year Built: 1984
Waterfront Features: Creek, River Front
Building Area Total: 1668
Levels: One
Other Structures: Shed(s)
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Patio
Pool Features: None
Lot Features: Dead End Street
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Lot Size Square Feet: 3485
Water Source: Public
Financial Details
Tax Annual Amount: $5,103
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Internet, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Boat Dock, Boat Slip, Elevator(s), Maintenance Grounds, Management - Full Time, Management - Off Site
HOA Fee: $571
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/15/2025
|
3 Bed
|
2 Bath
|
1898 ft²
|
$769,900
3 Bed
2 Bath
1898 ft²
|
-
-
|
BARBARA ZAPOTOCKY
RE/MAX AEROSPACE REALTY
| |
|
06/19/2023
|
2 Bed
|
2 Bath
|
1668 ft²
|
$699,000
2 Bed
2 Bath
1668 ft²
|
$607,000
-13.16%
01/08/2024
|
Kristen Romandetti
KELLER WILLIAMS RLTY,BREVARD
| |
|
06/03/2022
|
2 Bed
|
2 Bath
|
1668 ft²
|
$599,000
2 Bed
2 Bath
1668 ft²
|
$580,000
-3.17%
03/13/2023
|
Susanne Vaughn
David Curri Real Estate Group
| |
|
05/09/2022
|
3 Bed
|
2 Bath
|
1898 ft²
|
$725,000
3 Bed
2 Bath
1898 ft²
|
$725,000
06/03/2022
|
Cassandra Hartford
Curri Kirschner R.E. Group LLC
| |
|
10/09/2021
|
3 Bed
|
2 Bath
|
1898 ft²
|
$465,000
3 Bed
2 Bath
1898 ft²
|
$470,000
+1.08%
11/17/2021
|
Ellie Chan
RE/MAX Solutions
| |
|
07/13/2021
|
2 Bed
|
2 Bath
|
1668 ft²
|
$449,000
2 Bed
2 Bath
1668 ft²
|
$439,000
-2.23%
11/12/2021
|
Carolyn Schumann
Carnu Realty LLC
| |
|
02/04/2021
|
2 Bed
|
2 Bath
|
1668 ft²
|
$470,000
2 Bed
2 Bath
1668 ft²
|
$450,000
-4.26%
08/02/2021
|
Grayling Oates
Engel & Voelkers Melb Downtown
| |
|
12/09/2020
|
3 Bed
|
2 Bath
|
1900 ft²
|
$639,000
3 Bed
2 Bath
1900 ft²
|
$600,000
-6.10%
03/08/2021
|
Grayling Oates
Engel & Voelkers Melb Downtown
| |
|
05/05/2020
|
3 Bed
|
2 Bath
|
1898 ft²
|
$479,000
3 Bed
2 Bath
1898 ft²
|
$477,500
-0.31%
05/27/2020
|
Pamela Vanderveer
Vanderveer Properties
| |
|
08/27/2019
|
3 Bed
|
2 Bath
|
2170 ft²
|
$548,999
3 Bed
2 Bath
2170 ft²
|
$533,000
-2.91%
08/18/2020
|
Grayling Garat Oates
Engel & Voelkers Melb Downtown
| |
|
07/11/2019
|
2 Bed
|
2 Bath
|
1778 ft²
|
$449,900
2 Bed
2 Bath
1778 ft²
|
$355,714
-20.93%
04/01/2020
|
Grayling Oates
Engel & Voelkers Melb Downtown
| |
|
11/16/2017
|
2 Bed
|
2 Bath
|
1668 ft²
|
$349,500
2 Bed
2 Bath
1668 ft²
|
$315,000
-9.87%
02/09/2018
|
Grayling Oates
Engel & Voelkers New Smyrna
| |
|
04/01/2015
|
3 Bed
|
2 Bath
|
1898 ft²
|
$325,000
3 Bed
2 Bath
1898 ft²
|
$315,000
-3.08%
05/29/2015
|
John Lucas
Engel & Voelkers Melb Downtown
| |
|
03/11/2015
|
2 Bed
|
2 Bath
|
1668 ft²
|
$295,000
2 Bed
2 Bath
1668 ft²
|
$282,000
-4.41%
08/05/2015
|
John Lucas
Engel & Voelkers Melb Downtown
| |
|
01/21/2014
|
3 Bed
|
2 Bath
|
1898 ft²
|
$329,000
3 Bed
2 Bath
1898 ft²
|
$315,000
-4.26%
05/06/2014
|
Wiley Elliott
Indian River Realty
| |
|
01/17/2014
|
3 Bed
|
2 Bath
|
1898 ft²
|
$350,000
3 Bed
2 Bath
1898 ft²
|
$325,000
-7.14%
04/11/2014
|
Rusty Melle
ITG REALTY
|
Building Info
About Crane Cliffs
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Listed by: Carolyn M Schumann, Carnu Realty LLC
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 910209
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.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 910209
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017