See Home Value
$315,000
↓ $15K (1.9%)
● Condo - Off Market

1208 River Drive #401

Melbourne, FL 32901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,898 Ft²
$582,114
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Attention Boaters! Just steps to Downtown Melbourne, Next to the Melbourne Yacht Club Overlooking beautiful Melbourne Harbor. This rare offering includes Waterfront Marina Views and TWO DEEDED BOAT SLIPS! Use one and rent the other or rent both. Great floor plan with large master suite. A large balcony accessed by the living or the master overlooks beautiful Melbourne Harbor and the Indian River. Captains Cove is a gated, 10 units total, nautically inspired architectural masterpiece that is totally unique to Melbourne. Wood Burning fireplace, 1 Car Enclosed Garage plus an additional space  and private storage closet are additional amenities.  Become a part of the downtown community and get all the benefits of living the boating lifestyle.
Unit Size
1,898 Ft²
Days on Market
57 days
Land Size
0.08 acres
Price per sqft
$171
Property Type
Condo
Property Taxes
$354
HOA Dues
$410
Year Built
-

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Last updated: 6 months ago (Space Coast MLS #721601)

Price History

Date / Event Date Event Price
Sep 25, 2025 Price Decreased $754,900
↓ $15K (2%)
Price Decreased
Sep 18, 2025 No longer available -
No longer available
Aug 15, 2025 Listed by RE/MAX Aerospace Realty, Inc $769,900
Listed by RE/MAX Aerospace Realty, Inc
Welcome to Captain's Cove, an exclusive gated waterfront community WITH 2 deeded Boat Slips! This rarely available, recently remodeled 3-bedroom home offers stunning views of the marina and picturesque causeway. The open floor plan is bathed in natural light, with breathtaking water views throughout. A blend of bamboo flooring and tile, paired with a freshly painted interior, creates a warm, elegant atmosphere. Spacious primary suite with an ensuite offers versatility, perfect for a sitting area or home office. A well-appointed kitchen with a plenty of countertop space. This is a "MUST SEE".
Jul 18, 2025 Price Decreased $769,900
↓ $15K (1.9%)
Price Decreased
Mar 25, 2025 Listed $785,000
Listed
Welcome to Captain's Cove, an exclusive gated waterfront community. This rarely available, recently remodeled 3-bedroom home offers stunning views of the marina and picturesque causeway. The open floor plan is bathed in natural light, with breathtaking water views throughout. A blend of bamboo flooring and tile, paired with a freshly painted interior, creates a warm, elegant atmosphere. The spacious primary suite with an ensuite offers versatility, perfect for a sitting area or home office. The well-appointed kitchen features ample granite countertop space for meal prep, entertaining, or simply enjoying the view. Additional highlights include breakfast bar seating, a unique bar sink, a cozy fireplace in the living area, and porthole windows adding to the nautical charm. Enjoy tranquil waters, vibrant maritime surroundings, and frequent visits from manatees and dolphins. This home also includes 2 DEEDED BOAT SLIPS, an oversized one-car garage, 1 extra parking, and a private storage. FACTS: Boat slips: D15 & D-4 (Currently rented $300 & $275 per Mo.) Private Storage Locker S-7 Garage 401 & uncovered reserved space 401 First Right of refusal- 15 days Rentals 3 Month minimum (Recent change) Exclusive community with only 10 units New A/C system Building info: Gated community Association managed by Tower Management Recent renovations in 2023 include: Docks, Elevator, Roof Structural Integrity Reserve Study (SIRS) was successfully completed.
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Property Highlights

Parking Available
Garage
Elevator
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Parking Features: Additional Parking, Detached, Guest
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), His and Hers Closets, Open Floorplan, Walk-In Closet(s), Wet Bar, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
Appliances: Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Flooring Type: Carpet, Tile
Has Fireplace
Fireplace Features: Wood Burning, Other
Exterior Details
Has Property Attached
Square Footage: 1898
Square Footage Source: $0
Security Features: Security Gate
Year Built: 1984
Waterfront Features: Creek, River Front
Building Area Total: 1898
Levels: Three Or More
Other Structures: Shed(s)
Construction Materials: Block, Concrete, Stucco
Pool Features: None
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Lot Size Square Feet: 3485
Financial Details
Tax Annual Amount: $4,247
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Boat Dock, Boat Slip, Car Wash Area, Elevator(s), Maintenance Grounds, Maintenance Structure, Storage, Management - Full Time, Management - Off Site
HOA Fee: $410
HOA Fee Frequency: Monthly

Comparables

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

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20250815 Unit 401
08/15/2025
401
3 Bed
2 Bath
1898 ft²
$769,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1898 ft²
-
-
BARBARA ZAPOTOCKY
RE/MAX AEROSPACE REALTY
20230619 Unit 102
06/19/2023
102
2 Bed
2 Bath
1668 ft²
$699,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1668 ft²
$607,000 -13.16%
01/08/2024
Kristen Romandetti
KELLER WILLIAMS RLTY,BREVARD
20220603 Unit 101
06/03/2022
101
2 Bed
2 Bath
1668 ft²
$599,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1668 ft²
$580,000 -3.17%
03/13/2023
Susanne Vaughn
David Curri Real Estate Group
20220509 Unit 401
05/09/2022
401
3 Bed
2 Bath
1898 ft²
$725,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1898 ft²
$725,000
06/03/2022
Cassandra Hartford
Curri Kirschner R.E. Group LLC
20211009 Unit 402
10/09/2021
402
3 Bed
2 Bath
1898 ft²
$465,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1898 ft²
$470,000 +1.08%
11/17/2021
Ellie Chan
RE/MAX Solutions
20210713 Unit 101
07/13/2021
101
2 Bed
2 Bath
1668 ft²
$449,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1668 ft²
$439,000 -2.23%
11/12/2021
Carolyn Schumann
Carnu Realty LLC
20210204 Unit 202
02/04/2021
202
2 Bed
2 Bath
1668 ft²
$470,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1668 ft²
$450,000 -4.26%
08/02/2021
Grayling Oates
Engel & Voelkers Melb Downtown
20201209 Unit 501
12/09/2020
501
3 Bed
2 Bath
1900 ft²
$639,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1900 ft²
$600,000 -6.10%
03/08/2021
Grayling Oates
Engel & Voelkers Melb Downtown
20200505 Unit 401
05/05/2020
401
3 Bed
2 Bath
1898 ft²
$479,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1898 ft²
$477,500 -0.31%
05/27/2020
Pamela Vanderveer
Vanderveer Properties
20190827 Unit 302
08/27/2019
302
3 Bed
2 Bath
2170 ft²
$548,999
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2170 ft²
$533,000 -2.91%
08/18/2020
Grayling Garat Oates
Engel & Voelkers Melb Downtown
20190711 Unit 201
07/11/2019
201
2 Bed
2 Bath
1778 ft²
$449,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1778 ft²
$355,714 -20.93%
04/01/2020
Grayling Oates
Engel & Voelkers Melb Downtown
20171116 Unit 102
11/16/2017
102
2 Bed
2 Bath
1668 ft²
$349,500
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1668 ft²
$315,000 -9.87%
02/09/2018
Grayling Oates
Engel & Voelkers New Smyrna
20150401 Unit 401
04/01/2015
401
3 Bed
2 Bath
1898 ft²
$325,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1898 ft²
$315,000 -3.08%
05/29/2015
John Lucas
Engel & Voelkers Melb Downtown
20150311 Unit 202
03/11/2015
202
2 Bed
2 Bath
1668 ft²
$295,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1668 ft²
$282,000 -4.41%
08/05/2015
John Lucas
Engel & Voelkers Melb Downtown
20140121 Unit 501
01/21/2014
501
3 Bed
2 Bath
1898 ft²
$329,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1898 ft²
$315,000 -4.26%
05/06/2014
Wiley Elliott
Indian River Realty
20140117 Unit 502
01/17/2014
502
3 Bed
2 Bath
1898 ft²
$350,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1898 ft²
$325,000 -7.14%
04/11/2014
Rusty Melle
ITG REALTY

Building Info

1208 River Drive 1208 River Drive, Melbourne, FL 32901
  • 3 Units for Sale
More about this Building
1208 River Drive
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