24
Map
$325,000
●
House -
For Sale
9520 Riverview Drive
Micco, FL 32976
2 Beds
2 Baths
1,244 Ft²
$1,774
Est. Monthly
About This Property
Canal-Front Charm & Endless Possibilities! Cute as a button, this
waterfront cottage sits on a .31 acre lot with room to expand, park
a boat or RV, or create the workshop you've always wanted. Two
additional outbuildings offer endless flexibility for hobbies,
storage or future use. Updated kitchen, A/C, electrical panel,
drain field & well pump. Launch your kayak, canoe, or small boat
from the private dock and cruise the Sebastian & Indian Rivers,
with nearby ocean access through Sebastian Inlet. Stroll to
Outriggers Bar & Grill or spend the day on the water - it's all
right outside your door.
Unit Size
1,244 Ft²
Days on Market
98 days
Land Size
0.31 acres
Price per sqft
$261
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
1950
Listed By
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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: 3 months ago (Indian River #299643)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2026 | Listed by Dale Sorensen Real Estate Inc. | $325,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Jul 10, 2026 | No longer available | - | |
| No longer available | |||
| Jul 10, 2026 | Price Decreased |
$334,900
↓ $15K
(4.3%) | |
| Price Decreased | |||
| Apr 22, 2026 | Price Decreased |
$349,900
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by Dale Sorensen Real Estate Inc. | $375,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
   | |||
|
Canal-Front Charm & Endless Possibilities! Cute as a button, this waterfront cottage sits on a .31 acre lot with room to expand, park a boat or RV, or create the workshop you've always wanted. Two additional outbuildings offer endless flexibility for hobbies, storage or future use. Updated kitchen, A/C, electrical panel, drain field & well pump. Launch your kayak, canoe, or small boat from the private dock and cruise the Sebastian & Indian Rivers, with nearby ocean access through Sebastian Inlet. Stroll to Outriggers Bar & Grill or spend the day on the water - it's all right outside your door.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Carport
Has Open Parking
Parking Features: Assigned, Carport, Driveway
Interior Details
Full Bathrooms: 2
Interior Features: SplitBedrooms
Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Flooring Type: Laminate
Laundry Features: Laundry Room, In Unit
Rooms: 4
Exterior Details
Square Footage: 1244
Square Footage Source: $0
Architectural Style: OneStory
Year Built: 1950
Waterfront Features: Canal Access, Navigable Water, IntracoastalAccess
Levels: One
Other Structures: Shed(s)
Window Features: Blinds
Construction Materials: Frame
Patio and Porch Features: Patio
Pool Features: None
Lot Features: QuarterToHalfAcreLot
Lot Size Area: 0.31
Lot Size Units: Acres
Lot Size Acres: 0.31
Lot Size Square Feet: 13503.6
Lot Size Dimensions: 46.96x358.4
Tax Lot: 13
Water Source: Well
Financial Details
Tax Assessed Value: $121,890
Tax Annual Amount: $2,130
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Sebastian River Heights
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Listed by: Robin M Burgarella, Dale Sorensen Real Estate Inc.
Last Updated: 3 months ago
Data Source: RAIRC, MLS# 299643
Last Updated: 3 months ago
Data Source: RAIRC, MLS# 299643
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