209-215 S Riverside Drive, Indialantic, FL 32903

$640,000
5
BD
3
BA
1,751
SqFt

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Sold Price
$640,000
List Price
$659,000
Closing Date
Jul 20, 2026
MLS#
1080904
Status
CLOSED
Type
Multifamily
County
Brevard
City
Indialantic
Area
Indialantic/Melbourne Beach
Bedrooms
5
Bathrooms
3
Living Area
1,751
Total Square Feet
10,019
Acres
0.23
Year Built
1952
Days on Market
25

Property Description

Excellent opportunity to own a well-maintained duplex on a corner lot with NO HOA in one of Indialantic's most desirable locations. Just 3 blocks from the beach, 1 block from the river, and a short walk to the shops and restaurants of 5th Ave, this property offers flexibility, convenience, and strong income potential. Ideal as an investment property, multi-generational living arrangement, or a primary residence with rental income to help offset expenses. Unit 209 features 2 bedrooms, 1 bathroom, a carport, and a month-to-month tenant providing immediate cash flow. Unit 215 offers 3 bedrooms, 2 bathrooms, a 1-car garage, and is vacant and move-in ready. Recent improvements include new A/C systems in both units. Additional highlights include separate electric meters, city water and sewer, a private irrigation well, and a fully fenced yard. Convenient access to the 192 Causeway, downtown Melbourne, beaches, dining, and shopping. This is a MUST SEE!

Additional Information

Tax Year
2025
Tax Amount
$9,703
Location Description
Corner Lot, Sprinklers In Front, Sprinklers In Rear
Equipment And Appliances
Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
Utilities
Electricity Connected, Water Connected, Separate Electric Meters, Separate Water Meters
Exterior Finish
Block
Construction
Block
Roof
Shingle
Floor
Tile, Terrazzo
Carport Spaces
1.0
Parking
Carport, Garage
Garage Spaces
1
Elementary School
Indialantic
Middle School
Hoover
High School
Melbourne

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Listing courtesy of LoKation. Selling Office: LoKation.