407 Rio Palma S Indialantic, FL $ 936,000
407 Rio Palma S
$ 936,000
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407 Rio Palma S

Indialantic, FL, 32903
$ 936,000
Bedrooms5 Baths3.1 Sq 3,868

Monthly Estimate*

$ 5,839

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Single Family Home for sale in Indialantic, FL

for $936,000 with 5 bedrooms and 3 full baths, 1 half bath. This 3,868 square foot home was built in 1984 on a lot size of 0.31.

*Motivated Sellers!* Priced to sell! This spacious, nearly 4,000 sq ft custom pool home with 5 bedrooms/4 bathrooms in highly-desired Rio Villa offers incredible flexibility and room for everyone and is located only a few blocks from the beach. Hurricane Impact windows and sliders, newer roof and exterior paint in 2019-2020. New smart refrigerator, new dishwasher, landscaping, and irrigation with artesian well, along with fresh interior paint in 2024-2025. BRAND NEW AC units inside and out. With multiple living areas, soaring ceilings, and sunlit open spaces, there's room to spread out, gather, and grow. The versatile layout includes 4 large downstairs bedrooms (2 en-suite), 3 full baths plus pool bath, and a huge laundry room. Upstairs features a bonus room, private office, and 5th bedroom—ideal for guests, teens, or multigenerational living. Located on a quiet cul-de-sac street near top schools and parks!

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Single Family Active

Price

$ 936,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 11,205

Style

Single Family Residence

Lot Size

0.31

Year Built

1984

Town/City

Indialantic

County/Region

Brevard

MLS | Web ID

1041391

Features
General
Living Area 3868.0
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Appliances Convection Oven Dishwasher Disposal Electric Cooktop Electric Oven Electric Water Heater Microwave Refrigerator
HOA Fee 43.0
Garage Spaces 2.0
Pool Features In Ground
Construction Materials Frame Stucco
Pets Allowed Yes
Year Built 1984
Stories Count 2
Property Subtype Single Family Residence
Tax Year 2024
Current Use Single Family
Additional Parcels Description 2726423
Assoc Fee Paid Per Monthly
County Brevard
New Construction N
Property Type Residential
Association Amenities Maintenance Grounds Management - Off Site
HOA Y
Attached Garage Y
Subdivision Name Rio Villa Unit IV
Facing Direction North
Garage Y/N Y
Total Rooms 0
Full Baths 3
Status Active
Directions On Riverside between Eau Gallie and New Haven (south of Paradise Blvd) go east on Rio Villa right on Rio Palma South
High School Melbourne
City Indialantic
Association Name Rio Villa unit IV - TCB Prop Mgmt
Senior Community Y/N N
MLS Area 383 - N Indialantic
Lot Size Units Acres
Lot Size Square Feet 13504.0
Carport Y/N N
Elementary School Indialantic
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 11205.8
Home Warranty Y/N N
Middle/Junior High School Hoover
Lease Renewal Y/N N
MLS Area Minor 383 - N Indialantic
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1041391
Standard Status Active
Legal Description RIO VILLA UNIT IV LOT 126
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Interior
Interior Amenities Breakfast Bar Built-in Features Ceiling Fan(s) Eat-in Kitchen Kitchen Island Primary Bathroom - Tub with Shower
Flooring Carpet Tile Vinyl
Furnished Y/N Negotiable
Total Fireplaces 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
Laundry Features In Unit
Total Bedrooms 5
Total Baths 4
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Exterior
Fencing Fenced Privacy
Parking Features Attached Garage
Lot Features Dead End Street Sprinklers In Front Sprinklers In Rear
Water Source Public
Lot Size Area 0.31
Spa N
Lot Size Acres 0.31
Waterfront Y/N N
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 407
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* Excluded Features
List By
Denovo Realty

Broker

Affordability Calculator

$6,773
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,839
Monthly Property Taxes
$934
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1362948 Elementary School
1363002 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$936,000 -0.11% Price Down
11/13/2025$937,000 -0.11% Price Down
10/31/2025$938,000 -0.11% Price Down
10/22/2025$939,000 -0.11% Price Down
8/21/2025$940,000 -1.98% Price Down
7/24/2025$959,000 -1.63% Price Down
7/15/2025$974,900 -2.46% Price Down
6/23/2025$999,500 -1.43% Price Down
5/28/2025$1,014,000 -0.49% Price Down
4/29/2025$1,019,000 -2.86% Price Down
3/27/2025$1,049,000 Listed Price

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407 Rio Palma S, Indialantic, FL, 32903 is a Single Family Home for sale at $936,000 with 3,868 sqft and a lot size of 0.31. 407 Rio Palma S has 5 bedrooms, 3.1 baths, and was built in 1984. The property's zip code is 32903 which is in Indialantic, FL