See Home Value
$2,300,000
● House - Off Market

500 S Riverside Drive

Indialantic, FL 32903
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
5,330 Ft²
$14,694
Est. Monthly
0.45%
Cap Rate

About This Property

Set in an idyllic riverfront location along Indialantic's prestigious Riverside Drive, this residence offers a seamless fusion of timeless design and luxurious waterfront living. Beautifully maintained home offers over 5,300 sq ft of refined living with 5 BR, 5 Baths & 4 car garage. Stunning river views from nearly every room! Grand foyer & staircase greet you, inviting you into an elegant formal dining room. Chef's kitchen showcases S/S appliances including double convection ovens, island with gas cooktop, a breakfast bar & beverage center. Two separate living rooms with gas fireplaces & soaring ceilings, plenty of space to gather & entertain.  Main floor owner's suite encompasses a full wing. Designed with privacy in mind, the suite features a private office & separate living room with gas fireplace.  Primary bath jetted tub & shower, built-in closet cabinetry. Tinted glass throughout creates a sanctuary for enjoying the Indian River sunsets. Upper floor thoughtfully designed for modern living. Each wing has a full bath. Expansive media room perfect for theatre seating, pool table, playroom or your very own sports bar with built-in wet bar!

Outdoor oasis boasts heated infinity pool & spa, summer kitchen, pool bath & outdoor shower. Enjoy spontaneous boat or jet ski rides from your private dock with 3 lifts.

Location is unsurpassed as all of the area's finest dining, markets & beaches are within walking distance. Schedule a private showing today!
Unit Size
5,330 Ft²
Days on Market
21 days
Land Size
0.52 acres
Price per sqft
$469
Property Type
House
Property Taxes
$2,418
HOA Dues
-
Year Built
2002

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Last updated: 2 years ago (Space Coast MLS #1053980)

Price History

Date / Event Date Event Price
Aug 29, 2025 Sold
Sold
Aug 11, 2025 In contract -
In contract
Aug 8, 2025 Listed by RE/MAX Alternative Realty $2,500,000
Listed by RE/MAX Alternative Realty
Feb 19, 2016 Sold
Sold
Jan 5, 2015 Listed by Salt Water Realty of Brevard $1,565,000
Listed by Salt Water Realty of Brevard
Elegant executive residence in a perfectly situated location directly on Indian River. Paver driveway leads to a grand entrance. Luxurious open plan. Chef's island kitchen with custom cabinetry, granite countertops, full wet bar, and Butler's pantry. Spacious master suite with an impressive bath and his and hers walk in closets opens onto pool. Media room with wet bar. Four car garage with an enclosed workshop. Back yard features covered veranda, an exquisite infinity pool seemingly extending into the river, pavers, full Summer kitchen and mature landscaping, Private covered boat lift on the Indian River provides the view of spectacular sunsets. Property is in Indialantic, adjacent to Melbourne Beach.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 24
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,071
  • Parking Space Count: 4
  • Patio Type: 69
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 7,306
  • Gross Building Area: 7,306
  • Building Area: 5,330
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 5,330
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIALANTIC BY THE SEA
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: INDIALANTIC BY THE SEA LOT 15 BLK 3

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066200

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 314
  • Account Number: 2730079
  • Parcel: 27-37-36-EO-00003.0-0015.00
  • Block: 3
  • Lot: 15
  • Meridian: SEC 36 TWN 27S RNG 37E
  • Municipality: INDIALANTIC
  • Latitude: 28.0862
  • Longitude: -80.5748

    Address

  • Full Address: 500 S Riverside Dr
  • Address - House Number: 500
  • Street Direction: S
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Indialantic
  • Carrier Code: C003
  • 4-Digit Zip Code: 4350
  • Zip Code: 32903

Valuation

    Tax

  • Total Area: 6,185
  • Tax Year: 2022
  • Tax Amount: $2,558,610
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 54S0

    Appraisal Valuation

  • Standard Deviation: 0.4918
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 1
  • Final Value: 1,567,341
  • High Value: 2,338,239
  • Low Value: 796,442

    Market Valuation

  • Market Total Value: $1,703,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,703,140

    Sales

  • Current Sale Contract Date: Feb 18, 2016
  • Current Sale Recording Date: Feb 19, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016030849
  • Previous Sale Recording Date: Feb 19, 2016
  • Previous Sale Contract Date: Feb 18, 2016
  • 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 Indialantic by The Sea


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Frequently Asked Questions

When was property at 500 South Riverside Drive built and last sold?
The property at 500 South Riverside Drive was built in 2002 and last sold on Feb 18, 2016 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 500 South Riverside Drive is $2,525,000.
What are some comparable homes to 500 South Riverside Drive?
There are currently no comparable homes to 500 South Riverside Drive.