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$659,000 Just Listed
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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!
Full Property Details
Full Property Details for 209-215 S Riverside Dr
General
- Price: $659,000
- Taxes: $9,703 (2025)
- Status: Active
- Type: Duplex
- Source: BrevardCounty
- MLS ID: 1080904
- Updated: 6/25/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Terrazzo, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Unit
Parking
- Garage: Yes
- Garage Spaces: 1
- Carport Spaces: 1
- Parking Features: Carport, Garage
Location
- Area: 384-Indialantic/Melbourne Beach
- County: Brevard
- Driving Directions: Take 192 causeway towards A1A, turn right on Riverside Dr
- Direction Faces: East
School Information
- Elementary School: Indialantic
- Middle School: Hoover
- High School: Melbourne
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Water Connected, Separate Electric Meters, Separate Water Meters
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,751
- Living Area: 1,751 Sq. Ft.
- Current Bldg. Use: Investment, Mixed Use, Multi-Family, Residential
- Year Built: 1952
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Corner Lot, Sprinklers In Front, Sprinklers In Rear
- Fencing (Description): Back Yard
Financial Considerations
- Price Per Sq. Ft.: $376.36
- Tax Amount: $9,703.56
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 27-37-36-Eo-00009.0-0025.00
Listed by LoKation
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Price & Sales History for 209-215 S Riverside Dr
Date
Details
Price
Change
Source
6/25/2026
Listed
$659,000
-5.65%
MLS
9/26/2024
Sold
$698,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 209-215 S Riverside Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,558
7%
$542,880
7%
2024
$8,922
3%
$505,440
4%
2023
$8,672
96%
$486,720
72%
2021
$4,426
3%
$282,290
-3%
2022
$4,304
-3%
$290,750
8%
2021
$4,426
1%
$268,850
16%
2018
$4,379
-4%
$232,000
-4%
2019
$4,583
17%
$240,910
16%
2017
$3,922
8%
$208,000
15%
2016
$3,636
—
$181,000
5%
2015
$3,618
6%
$173,000
8%
2014
$3,413
1%
$160,000
3%
2013
$3,379
—
$155,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 209-215 S Riverside Dr
209-215 S Riverside Drive, Indialantic, FL 32903 (MLS# 1080904) is a Duplex property with 5 bedrooms and 3 full bathrooms. 209-215 S Riverside Drive is currently listed for $659,000 and was received on June 25, 2026. Want to learn more about 209-215 S Riverside Drive? Do you have questions about finding other Duplex real estate for sale in Indialantic? You can browse all Indialantic real estate or contact a Coldwell Banker agent to request more information.

