209-215 S Riverside Drive, Indialantic, FL 32903

$659,000
Property Type: Residential Income Bedrooms: 5 Baths: 3 Square Footage: 1,751 Lot Size (sq. ft.): 10,019 Status: Active Under Contract
Current Price: $659,000 List Date: 6/25/2026 Last Modified: 6/29/2026

Overview

Description

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!

Listing Details MLS# 1080904

General Property Information

Number Of Buildings
Yes
Number Of Units Total
2
Bedrooms Total
5
Bathrooms Total
3
Bathrooms Full
3
Living Area
1751
Living Area Source
Assessor
Accessibility Features YN
No
New Construction YN
No
Year Built
1952
Garage YN
Yes
Garage Spaces
Yes
Carport YN
Yes
Carport Spaces
Yes
Lot Size Acres
0.23
Lot Size Square Feet
10019
Association YN
No
CDD Fee YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories Total
Yes
Stories
Yes
Entry Level
Yes
Direction Faces
East
Pool Private YN
No
Senior Community YN
No
List Price/SqFt
376.36
Bathrooms Half
0

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Oven; Electric Water Heater; Microwave; Refrigerator; Washer Construction Materials: Block Cooling: Central Air Current Use: Investment; Mixed Use; Multi-Family; Residential Fencing: Back Yard Flooring: Terrazzo; Tile Heating: Central Laundry Features: In Unit Levels: One Listing Terms: Cash; Conventional Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear Parking Features: Carport; Garage Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Electricity Connected; Separate Electric Meters; Separate Water Meters; Water Connected Water Source: Public Contingency Reason: Appraisal; Inspection Showing Considerations: Occupied Showing Requirements: Appointment Only; Lockbox

Contract Information

Original List Price
659000
Listing Contract Date
2026-06-25
Property Sub Type
Duplex

Location Tax and Legal

Street Number
209-215
Street Direction Prefix
S
Street Name
Riverside
Street Suffix
Drive
County
Brevard
State
FL
Postal Code
32903
MLS Area Major
384-Indialantic/Melbourne Beach

Remarks and Miscellaneous

Public Remarks
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!

Status Change Information

Major Change Timestamp
2026-06-29T19:18:37Z
Major Change Type
Status Change
Status Change Timestamp
2026-06-29
Contingency
Active Under Contract

More Information

Closing Company Details

Closing Company Name
Alliance Title
Closing Company Address
10 S Harbor City Blvd Melbourne, FL 32901

DPR Eligible

DPR Eligible
Yes

Unit 1 Details

Unit ID
209
Actual Rent
2000
Unit SqFt
701
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
2 Bed, 1 Bath

Unit 2 Details

Unit ID
215
Actual Rent
2500
Unit SqFt
1050
Full Baths Total
2
Furnished
Unfurnished
Unit Remarks
3 Bed 2 Bath

Location, Tax, and Legal

Tax Account
2730180
Parcel Number
27-37-36-Eo-00009.0-0025.00
General County Location
South
Elementary School
Indialantic
Middle School
Hoover
High School
Melbourne
Tax Annual Amount
9703.56
Tax Year
2025
Tax Legal Description
INDIALANTIC BY THE SEA LOTS 25,26 BLK 9
Directions
Take 192 causeway towards A1A, turn right on Riverside Dr

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Cooktop
Yes
Electric Oven
Yes
Electric Water Heater
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes

Cooling

Central Air
Yes

Current Use

Investment
Yes
Mixed Use
Yes
Multi-Family
Yes
Residential
Yes

Fencing

Back Yard
Yes

Flooring

Terrazzo
Yes
Tile
Yes

Heating

Central
Yes

Laundry Features

In Unit
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes
Sprinklers In Front
Yes
Sprinklers In Rear
Yes

Parking Features

Carport
Yes
Garage
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Electricity Connected
Yes
Separate Electric Meters
Yes
Separate Water Meters
Yes
Water Connected
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Lockbox
Yes

Showing Considerations

Occupied
Yes

Contingency Reason

Appraisal
Yes
Inspection
Yes
Listing Office: LoKation
Last Updated: June - 29 - 2026
Information is deemed to be reliable, but is not guaranteed.