tomo logo

$1,049,000

Beds
5
Baths
3.5
sq ft
3,868

407 Rio Palma S, Indialantic, FL 32903

407 Rio Palma S

Indialantic, FL 32903

  • Coming soon
Coming SOON! Looking for abundant space and functionality? This is the perfect home for you! This stunning 5 bedroom/4 bathroom pool home is nestled on a private street in the highly desired neighborhood of Rio Villa. Included in the generous living space is an additional flex room which can be used as an office or tailored to your needs. The open floor plan is filled with natural light, high ceilings, and sophisticated detail. The kitchen features modern appliances, ample cabinetry and storage, and a dining nook which steps outside to the pool. The serene outdoor space features a fenced-in yard and beautiful landscaping throughout. Impact windows provide energy efficiency and peace of mind. This home is conveniently located near the beaches and causeways and close to excellent schools, shopping, and dining. Don't miss your chance to experience this rare gem—schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$877,638

Lot size

0.31 acres

Price per sq ft

$272

Year built

1984

Annual property taxes

$11,205.8

Monthly HOA fee

$42.92

Price History

12/09/2022
BrevardMLS

BrevardMLS #938451

Sold
$750,000
+42.05%
08/19/2016
Beaches

Beaches #R10243984

Sold
$528,000

Schools & Community

Elementary school: 

Indialantic

Middle school: 

Hoover

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

$306,390
Asking price
$1,049,000
Closing costs (~8% of asking)
-$83,920
Est. remaining loan balance
-$658,690
Cash to seller
$306,390

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

December 2022

Original loan amount

$675,000

Est. remaining balance

$658,690

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

Scott M Sprunger

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?

Status: Coming Soon

Tomo last checked: 03/31/2025 at 6:00 PM

Listing updated: 03/28/2025 at 7:06 AM

Listed by: Tiffany Score, Denovo Realty Phone #: (321) 237-1887

MLS: BrevardMLS #1041391

BrevardMLS logo

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