See Home Value
$1,800,000
● House - Off Market

857 Indian River Drive

Melbourne, FL 32935
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,530 Ft²
$1,983,070
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

With just the right mix of old Florida charm and contemporary luxury, this 4 bedroom, 3.5 bath custom-built pool home near Ballard Park has over 3,500 sq ft of elegant design and high-end finishes. Overlooking 100 ft of direct Indian River frontage, the backyard is host to spectacular sunrises, a private deep-water dock with 10,000 lb boat lift and, the occasional visiting dolphin or manatee. Completely renovated and redesigned in 2013, the improvements included impact rated windows, heated salt-water pool and spa, and lush tropical landscaping. An extensive seawall restoration was just completed summer of 2021. Close to major employers and historic Downtown Melbourne and the Eau Gallie Arts district, this turnkey property is sure to impress!
Unit Size
3,530 Ft²
Days on Market
77 days
Land Size
0.41 acres
Price per sqft
$510
Property Type
House
Property Taxes
$1,464
HOA Dues
-
Year Built
1951

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Space Coast MLS #918217)

Price History

Date / Event Date Event Price
Dec 31, 2021 Sold
Sold
Oct 14, 2021 Listed by One Sotheby's International $1,800,000
Listed by One Sotheby's International
Sep 2, 2015 Sold
Sold
Jul 16, 2015 Listed by One Sotheby's International $1,100,000
Listed by One Sotheby's International
Dec 28, 2011 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 739
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 4,579
  • Gross Building Area: 4,579
  • Building Area: 3,530
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,530
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOVERIDGE HEIGHTS SUBD
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: LOVERIDGE HEIGHTS SUBD LOT 4 BLK 16

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064201

Zoning

  • Zoning: R1AA

Geography

  • Assessors Map Reference: 296
  • Account Number: 2725402
  • Parcel: 27-37-22-EM-00016.0-0004.00
  • Block: 16
  • Lot: 4
  • Meridian: SEC 22 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1211
  • Longitude: -80.6217

    Address

  • Full Address: 857 Indian River Dr
  • Address - House Number: 857
  • Address - Street Name: Indian River
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C002
  • 4-Digit Zip Code: 6940
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 4,045
  • Tax Year: 2022
  • Tax Amount: $2,328,358
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.1396
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 83
  • Final Value: 1,835,494
  • High Value: 2,091,896
  • Low Value: 1,579,093

    Market Valuation

  • Market Total Value: $1,425,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,396,830

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 31, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 338397
  • Previous Sale Recording Date: Sep 02, 2015
  • Previous Sale Contract Date: Sep 02, 2015
  • Previous Sale Amount: $1,050,000
  • 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 Loveridge Heights


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3641 Titanic Circle, Melbourne, FL, 32903

$2,990 /mo

  • 4 Beds
  • 2 Baths
  • 2,029 ft²
3641 Titanic Circle #2, Melbourne, FL, 32903 Listing by Nicole O. Irizarry-Heisey
Unit for rent at 3701 Titanic Circle, Melbourne, FL, 32903

$2,950 /mo

  • 4 Beds
  • 2 Baths
  • 2,023 ft²
3701 Titanic Circle #66, Melbourne, FL, 32903 Listing by Nicole O. Irizarry-Heisey
Unit for rent at 303 Audubon Drive, Melbourne, FL, 32901

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,637 ft²
303 Audubon Drive #301, Melbourne, FL, 32901 Listing by Derek Aaron Olinski


Frequently Asked Questions

When was property at 857 Indian River Drive built and last sold?
The property at 857 Indian River Drive was built in 1951 and last sold on Dec 16, 2021 for $1,800,000.
How much is this home worth?
The estimated value of the home located at 857 Indian River Drive is $0.
What are some comparable homes to 857 Indian River Drive?
There are currently no comparable homes to 857 Indian River Drive.