Back 401/1208 River Drive
Off Market

401/1208 River Drive

Melbourne FL 32901

3
2
1
2395 sq. ft.
3485 sq. ft.
Condo
Last sold for $477,500
Pamela VanderveerPamela Vanderveer, last sold this property on 27 May 2020 after -84 days on market.

Overview

Beautifully updated & completely remodeled waterfront condo with TWO DEEP-WATER, DEEDED BOAT SLIPS - use one slip & rent the other. Plus a 1-car ''private'' garage & 1 open spot. This 4th floor condo has amazing views of Melbourne Harbour & Indian River Lagoon/ Intracoastal waterway. Elevator access to 4th floor & unit is ADA compliant w/ wheelchair accessibility including a roll-in shower in master bath. Located on the south side of Melbourne Harbour adjacent to the Melbourne Yacht Club at the entrance to Crane Creek & walking distance to Historic Downtown Melbourne w/ many restaurants, shops, nightlife, & special events/concerts. Click the Photo Tab, then Video for a walk-thru presentation video tour. Available fully furnished. Condo fee includes water, cable, internet, dock electric

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
2395 sq. ft. floor area
3485 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Melbourne over the last 12 months, the estimated median property value of 401/1208 River Drive is $189.5k.

Median value
$189.5k
Estimated value range
$145k - $1.53m
Median days on market
68
Estimated value trend
-20%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 401/1208 River Drive

2020
Rented
Undisclosed
20 Jul 2020 by REMAX Alternative Realty Inc | Melbourne
2020
Sold
$477,500
27 May 2020 by Pamela Vanderveer, of VANDERVEER PROPERTIES
2015
Sold
$315,000
29 May 2015 by Grayling Oates, of Engel & Voelkers Melb Downtown

Happy sellers in Melbourne

66%
66% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Melbourne over the last 12 months.

Local market activity for 3 bedroom condos in Melbourne

In the last 12 months, 20 three-bedroom condos similar to 401/1208 River Drive, have been sold.

This represents a 20% increase in three-bedroom condos sales when compared to the previous 12 months.

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