209-215 S Riverside Drive Indialantic, FL $ 659,000
209-215 S Riverside Drive
$ 659,000
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209-215 S Riverside Drive

Indialantic, FL, 32903
$ 659,000
Bedrooms5 Baths3.0 Sq 1,751

Monthly Estimate*

$ 4,161

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Multi-Family Home for sale in Indialantic, FL

for $659,000 with 5 bedrooms and 3 full baths. This 1,751 square foot home was built in 1952 on a lot size of 0.23.

Excellent opportunity to own a well-maintained duplex on a corner lot with NO HOA in one of Indialantic's most desirable locations. Just 3 blocks from the beach, 1 block from the river, and a short walk to the shops and restaurants of 5th Ave, this property offers flexibility, convenience, and strong income potential. Ideal as an investment property, multi-generational living arrangement, or a primary residence with rental income to help offset expenses. Unit 209 features 2 bedrooms, 1 bathroom, a carport, and a month-to-month tenant providing immediate cash flow. Unit 215 offers 3 bedrooms, 2 bathrooms, a 1-car garage, and is vacant and move-in ready. Recent improvements include new A/C systems in both units. Additional highlights include separate electric meters, city water and sewer, a private irrigation well, and a fully fenced yard. Convenient access to the 192 Causeway, downtown Melbourne, beaches, dining, and shopping. This is a MUST SEE!

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Multi-Family Active

Price

$ 659,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,703

Style

Duplex

Lot Size

0.23

Year Built

1952

Town/City

Indialantic

County/Region

Brevard

MLS | Web ID

1080904

Features
General
Living Area 1751
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected Separate Electric Meters Separate Water Meters
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Dryer Electric Cooktop Electric Oven Electric Water Heater Microwave Refrigerator Washer
Garage Spaces 1
Construction Materials Block
Year Built 1952
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Investment Mixed Use Multi-Family Residential
Additional Parcels Description 2730180
County Brevard
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Facing Direction East
Garage Y/N true
Full Baths 3
Status Active
Directions Take 192 causeway towards A1A turn right on Riverside Dr
High School Melbourne
City Indialantic
Senior Community Y/N false
Number Of Units Total 2
MLS Area 384-Indialantic/Melbourne Beach
Lot Size Units Acres
Lot Size Square Feet 10019
Carport Spaces 1
Carport Y/N true
Elementary School Indialantic
Tax Annual Amount 9703.56
Middle/Junior High School Hoover
MLS Area Minor 384-Indialantic/Melbourne Beach
Standard Status Active
Legal Description INDIALANTIC BY THE SEA LOTS 25 26 BLK 9
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Interior
Flooring Terrazzo Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features In Unit
Total Bedrooms 5
Entry Level 1
Total Baths 3
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Exterior
Fencing Back Yard
Parking Features Carport Garage
Lot Features Corner Lot Sprinklers In Front Sprinklers In Rear
Water Source Public
Lot Size Area 0.23
Number of Buildings 1
Lot Size Acres 0.23
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded Features
List By
Lokation

Broker

amberr.realtor@gmail.com

Email

Affordability Calculator

$4,970
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,161
Monthly Property Taxes
$809
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
1362948 Elementary School
4810970 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2026$659,000 Listed Price

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209-215 S Riverside Drive, Indialantic, FL, 32903 is a Multi-Family Home for sale at $659,000 with 1,751 sqft and a lot size of 0.23. 209-215 S Riverside Drive has 5 bedrooms, 3.0 baths, and was built in 1952. The property's zip code is 32903 which is in Indialantic, FL