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5875 Riverside Dr, Melbourne Beach, FL, 32951

$835,000

Home List Price

$9,916*

Closing Credit

4 Bedrooms
3 Full Baths
2,496 SqFt
$335/SqFt
House

Location

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5875 Riverside Dr, Melbourne Beach$835,000

Buyer Closing Credits

$9,916*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Garage, On Street
Garage2 spaces
Year Built1983
HeatingCentral
CoolingCentral Air
ViewRiver, Trees/Woods
MLS #1029821
Lot Size0.26 Acres
StatusActive

About 5875 Riverside Dr

A Charming Coastal Cottage by the Sea with serene river view and rental income potential with a mother-in-law suite equipped with its own kitchenette. The spacious home boasts a vaulted cathedral ceiling with lots of natural light, split floor plan and an amazing backyard for cookout & entertaining. There are so many possibilities with this home. Located in a coveted neighborhood that offers a deeded river dock with playground, kayak storage as well as a deeded beach access with a large parking lot, grill, and covered gazebo. All these amenities for a voluntary neighborhood association annual due of $100 per year, after an one time initiation fee. Don't miss out on owning the cutest home on the barrier island.

Property Details

Property Features

Property Information:

  • Architectural Style: Multi Generational,Other
  • Year Built: 1983
  • Stories: 3
  • Living Area: 2,496 SqFt

Listing Office:

  • Office Name: One Sotheby's International
  • Office Phone: (321) 984-3135
  • Listing Agent: Jennifer Grimes

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: River, Trees/Woods
  • Exterior: Balcony, Storm Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Garage, On Street

Virtual/3D Tour

  • Virtual Tour: 5875 Riverside Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Wooded
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: travel south on highway a1a, turn right on Heron Drive, the property is on the left on the corner of Riverside Drive and Heron Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $835,000
  • Price Per SqFt: $335/SqFt

Tax Information:

  • Annual Amount: $5,426
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Melbourne Beach, FL.

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Melbourne Beach, FL

City

Med. Sold Price

$695K

Med. Price/SqFt

$364

Avg. Days On Market

104

# of Sold Homes

17

5875 Riverside Dr vs Melbourne Beach

32 DAYS ON ROCKET

-72 Days

$835,000

+$140K More

$335/SqFt

-$29 Less

KEY TAKEAWAY

This property is $140K more than the Median Sold Price and $29/SqFt less than other homes in Melbourne Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1029821

Listing Office:

  • Office Name: One Sotheby's International
  • Office Phone: (321) 984-3135
  • Listing Agent: Jennifer Grimes

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2013Home Sold
$273,100
Sep 24, 2012Home Sold
$199,900
Sep 01, 2004Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,426$365,010
2019$5,767$378,930
2018$5,457$375,390
2017$5,457$336,460

History based on county public records data.

Payment Calculator

$4,235

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,570

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4385211
3
/10

  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 6.55 miles

  • Public District Grades PK-6

school-card-donut-4385212
10
/10

  • Gemini Elementary School

  • 2100 Oak St

  • 6.74 miles

  • Public District Grades KG-6

school-card-donut-4385213
6
/10

  • Port Malabar Elementary School

  • 301 Pioneer Ave NE

  • 7.10 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,749. Most Melbourne Beach, FL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5875 Riverside Dr

What is the listing price of this property?

The listing price of 5875 Riverside Dr property is $835,000.

What type of property is this?

The property 5875 Riverside Dr is a house located in Melbourne Beach, Florida, 32951.

Is this property for sale now?

Active Listing: 5875 Riverside Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,426 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2013 for $273,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5875 Riverside Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5875 Riverside Dr is 2,496 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5875 Riverside Dr is 1983.

Rocket Homes›Florida›Brevard County›Melbourne Beach›32951›5875 Riverside Dr

This home is located at 5875 Riverside Dr in Melbourne Beach, FL and zip code 32951 in the Melbourne Shores neighborhood. This 2,496 square foot home, which was built in 1983, sits on a 0.26 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $835,000.

Melbourne Beach, FL housing market in November 2024 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 15 sold below. The inventory of homes for sale in Melbourne Beach, FL between October 2024 and November 2024 increased by 5.6%. In November 2024 median list price was $695,000 and the average listing age was 104 days.

From Rocket Homes Real Estate and based on county public records data.

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