See Home Value
$870,000
● House - Off Market

3071 Rio Palma N

Indialantic, FL 32903
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,554 Ft²
$4,952
Est. Monthly
$43
HOA / Fees

About This Property

Exceptional Indialantic Island living in a prime location between the Melbourne and Eau Gallie Causeways! This beautifully remodeled residence offers over 3,554 sq. ft. with a bright, open layout and soaring 20-ft ceilings in the Great Room, highlighted by transom windows and a wood-burning fireplace with custom built-ins. The updated kitchen features custom cabinetry, new appliances, pantry, and breakfast nook, all seamlessly open to the main living area. The second-floor primary suite is a private retreat with a spa-inspired bath, two large walk-in closets, and a balcony. A first-floor guest en-suite with private entrance and patio adds flexibility. Additional features include a bonus game room, dedicated office, oversized bedrooms, concrete tile roof, and paver patio. Just minutes to the beach, shopping, and dining--enjoy the best of Indialantic coastal living! " Over 3,554 sq. ft. of living space in desirable Indialantic Island location

" Ideally situated between the Melbourne & Eau Gallie Causeways

" Close to beaches, shopping, dining, and local favorites

Interior Features:

" Fully remodeled with new tile flooring throughout main floor

" Great Room with 20-ft ceilings, 3-panel transom windows, and wood-burning fireplace with built-ins

" Custom kitchen with newer stainless steel  appliances, pantry, breakfast nook, and open layout

" Bonus game room ideal for billiards, darts, or home theater

" Dedicated office with abundant natural light

" Oversized bedrooms with walk-in closets

Primary & Guest Suites:

" Second-floor primary suite with private balcony

" Spa-style bath with soaking tub, double sinks, and separate shower

" TWO large walk-in closets

" First-floor guest en-suite with private entrance and sun patio

" Two upstairs bedrooms share updated full bath

Exterior & Structural:

" Freshly painted exterior with concrete block construction (main level)

" Concrete tile roof + recently sealed flat roof

Energy-efficient windows & shutters

" Circular driveway with 2+ car garage

Outdoor Living:

" Shaded corner lot with new sod and fenced backyard

" Well-fed irrigation system

" Paver patio for year-round outdoor living

" Updated electrical switches and receptacles
Unit Size
3,554 Ft²
Days on Market
105 days
Land Size
0.34 acres
Price per sqft
$253
Property Type
House
Property Taxes
$495
HOA Dues
$43
Year Built
1985

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Space Coast MLS #1073677)

Price History

Date / Event Date Event Price
Jul 17, 2026 Sold
Sold
Jun 3, 2026 In contract -
In contract
May 7, 2026 Price Decreased $899,000
↓ $50K (5.3%)
Price Decreased
Apr 3, 2026 Listed by Ellingson Properties $949,000
Listed by Ellingson Properties
Jun 16, 2004 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 2
  • 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: 729
  • Parking Space Count: 3
  • Patio Type: 60
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 4,505
  • Gross Building Area: 4,505
  • Building Area: 3,060
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,060
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIO VILLA UNIT IV
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: RIO VILLA UNIT IV LOT 120

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066301

Zoning

  • Zoning: R1AAA

Geography

  • Assessors Map Reference: 298
  • Account Number: 2726417
  • Parcel: 27-37-24-55-00000.0-0120.00
  • Lot: 120
  • Meridian: SEC 24 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.119
  • Longitude: -80.5828

    Address

  • Full Address: 3071 Rio Palma N
  • Legal Unit: 4
  • Address - House Number: 3071
  • Street Segment Direction: N
  • Address - Street Name: Rio Palma
  • State: FL
  • City Name: Indialantic
  • Carrier Code: C008
  • 4-Digit Zip Code: 3728
  • Zip Code: 32903

Valuation

    Tax

  • Total Area: 3,789
  • Tax Year: 2022
  • Tax Amount: $519,784
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 976,110
  • High Value: 1,165,904
  • Low Value: 786,315

    Market Valuation

  • Market Total Value: $697,640

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $339,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2004
  • Current Sale Recording Date: Jun 16, 2004
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004188878

    Financing

  • First Mortgage Financing Type: FIX
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 Rio Villa


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 265 Marion Street, FL, 32937

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,724 ft²
265 Marion Street, FL, 32937 Listing by Karly Patterson
Unit for rent at 210 6th Avenue, Indialantic, FL, 32903

$2,300 /mo

  • 1 Bed
  • 1 Bath
  • 580 ft²
210 6th Avenue #7, Indialantic, FL, 32903 Listing by Scott M Bouchard
Unit for rent at 2765 N Highway A1a, Indialantic, FL, 32903

$8,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,820 ft²
2765 N Highway A1a #203, Indialantic, FL, 32903 Listing by Scott Loveridge


Frequently Asked Questions

When was property at 3071 Rio Palma North built and last sold?
The property at 3071 Rio Palma North was built in 1985 and last sold on Jun 11, 2004 for $530,000.
How much is this home worth?
The estimated value of the home located at 3071 Rio Palma North is $922,862.
What are some comparable homes to 3071 Rio Palma North?
There are currently no comparable homes to 3071 Rio Palma North.