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$674,900 Coming Soon
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Property Description
SIRS & Milestone are COMPLETED! This spacious condo is perfectly positioned on the Melbourne Harbor, offering gorgeous water views & an exceptional boating lifestyle. The thoughtfully laid-out floor plan provides an abundance of living space, making the unit feel open, comfortable, and inviting. Boaters will love the rare opportunity of 2 boat slips-1 with a boat lift- providing incredible convenience right outside your door. Not a boat owner? No problem! The slips can also be rented out, providing an opportunity to generate additional income. The dock pilings were reinforced in 2022, & the boat lift was updated in 2023. The unit also includes a private garage plus an additional covered parking space beneath the building, offering plenty of parking & storage. Additional updates provide even more peace of mind, including a new condo roof & elevator in 2023, along with a new A/C in 2023. The unit was also replumbed in 2023 & includes a new water heater. All assessments have been paid.
Full Property Details
Full Property Details for 1208 E River Dr #502
General
- Price: $674,900
- HOA FEE: $790/month
- Taxes: $4,760 (2025)
- Status: Coming Soon
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1086252
- Updated: Today (8/28/2026)
- Added to Site: Today
- Expected Market Date: 8/28/2026
Interior
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Boat Slip
Exterior
- Exterior Features: Boat Slip, Boat Lift
Parking
- Garage: Yes
- Garage Spaces: 1
- Carport Spaces: 1
- Parking Features: Assigned, Garage
Location
- Area: 330 - Melbourne - Central
- County: Brevard
- Subdivision: Captains Cove of Melbourne Condo
- Driving Directions: Take US1 south of Strawbridge Ave., over Crane Creek, then go left at the light at Prospect Ave. Go left on Irwin St. and then left on E. River Dr. Condos are on the right.
- Direction Faces: South
School Information
- Elementary School: University Park
- Middle School: Stone
- High School: Melbourne
Community
- Community Features: Boat Slip
- Association: Yes
- Assoc. Name: Captain's Cove of Melbourne
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Concrete, Stucco
- Stories/Levels: 1
- Square Feet: 1,898
- Living Area: 1,898 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1984
Lot Features
- Property View: River
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Features: Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Crane Creek
- Boat Dock Slip: Yes
Financial Considerations
- Price Per Sq. Ft.: $355.58
- Association Fee: Yes
- Association Fee: $790
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,760.62
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 28-37-02-75-00001.0-0007.10
Listed by RE/MAX Aerospace Realty
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Price & Sales History for 1208 E River Dr #502
Date
Details
Price
Change
Source
8/28/2026
Listed
$674,900
136.81%
MLS
7/02/2012
Sold
$285,000
—
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 1208 E River Dr #502
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,762
2%
$261,930
3%
2025
$3,686
4%
$255,050
3%
2024
$3,557
2%
$247,870
3%
2023
$3,472
5%
$240,660
6%
2021
$3,307
1%
$226,860
-3%
2022
$3,262
-1%
$233,660
4%
2021
$3,307
1%
$223,730
4%
2018
$3,290
—
$214,630
2%
2017
$3,296
—
$210,220
-4%
2019
$3,298
-3%
$218,700
6%
2016
$3,389
-2%
$205,900
1%
2015
$3,456
2%
$204,470
1%
2014
$3,404
-24%
$202,850
—
2013
$4,481
—
$202,850
—
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 1208 E River Dr #502
1208 E River Drive #502, Melbourne, FL 32901 (MLS# 1086252) is a Condo property with 3 bedrooms and 2 full bathrooms. 1208 E River Drive #502 is currently listed for $674,900 and was received on August 28, 2026. Want to learn more about 1208 E River Drive #502? Do you have questions about finding other Condo real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

