tomo logo

$649,900

Beds
2
Baths
2.0
sq ft
1,668

1208 River Dr Unit 201, Melbourne, FL 32901

1208 River Dr Unit 201

Melbourne, FL 32901

  • 12 days on market
A RARE find! Captain's Cove, is an exclusive Gated Waterfront Community in Melbourne Harbor w/ two deeded boat slips. Renovated from top to bottom in 2024, this 2BD/2BA is Move-in Ready & Sold Fully Furnished! All finishes, appliances & furniture less than 1 yr. Old! NEW Roof, HVAC, Tankless Water Heater & Waterdrop Reverse Osmosis system in 2024. The kitchen dazzles w/ NEW SS Whirlpool appliances, quartz countertops & stylish glass tile backsplash. Luxury Vinyl Plank flooring flows throughout, while the Primary Suite offers a cozy sitting area, his & her walk-in closets w/custom systems & beautiful re-designed primary bathroom. Freshly painted interiors, three outdoor impact-rated sliding doors, 1-car garage & storage room complete the package. The 2 boat slips have transferrable leases that add incredible value, while the updated elevator & dock (2023) enhance this waterfront retreat. Ideally located, a short walk to downtown Melbourne & minutes to the beaches.

Details

Property type

Condominium

Est. home value

$538,424

Lot size

3,485 sq ft

Price per sq ft

$390

Year built

1984

Annual property taxes

$8,440.46

Monthly HOA fee

$750

Price History

01/10/2025
BrevardMLS

BrevardMLS #1033881

Listed
$649,900
+54.74%
03/31/2020
BrevardMLS

BrevardMLS #850275

Sold
$420,000

Schools & Community

Elementary school: 

University Park

Middle school: 

Stone

High school: 

Melbourne

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$352,628
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$245,280
Cash to seller
$352,628

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

March 2020

Original loan amount

$336,000

Est. remaining balance

$245,280

Interest rate

2.97%

Loan type

New Conventional, 15 year

Seller

William J Mueller

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 6:10 PM

Listing updated: 01/22/2025 at 2:35 PM

Listed by: Misty A Morrison, Misty Morrison Real Estate Phone #: (321) 574-8119

MLS: BrevardMLS #1033881

BrevardMLS logo

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