ActiveCondominium

1208 E River Drive 502, Melbourne, FL 32901

Melbourne, FL 32901 · MLS #1086252

Offered at$674,900 Save property

3Bedrooms

2Bathrooms

1,898Sq. Ft.

1984Year built

The residence

About this property

SIRS & Milestone are COMPLETED! This spacious condo is perfectly positioned on the Melbourne Harbor, offering gorgeous water views & an exceptional boating lifestyle. The thoughtfully laid-out floor plan provides an abundance of living space, making the unit feel open, comfortable, and inviting. Boaters will love the rare opportunity of 2 boat slips-1 with a boat lift- providing incredible convenience right outside your door. Not a boat owner? No problem! The slips can also be rented out, providing an opportunity to generate additional income. The dock pilings were reinforced in 2022, & the boat lift was updated in 2023. The unit also includes a private garage plus an additional covered parking space beneath the building, offering plenty of parking & storage. Additional updates provide even more peace of mind, including a new condo roof & elevator in 2023, along with a new A/C in 2023. The unit was also replumbed in 2023 & includes a new water heater. All assessments have been paid.

At a glance

Property details

Property type: Condominium
Listing type: For sale
Status: Active
Bedrooms: 3
Bathrooms: 2
Living area: 1,898 sq. ft.
Year built: 1984
Lot size: 3,485 sq. ft.
Subdivision: Captains Cove of Melbourne Condo
County: Brevard
Original list price: $674,900
Listing date: August 29, 2026
Association fee: $790 monthly
Annual property tax: $4,761 (2025)
Listing agent: Ellie M Chan
Listing office: RE/MAX Aerospace Realty
MLS number: 1086252

Neighborhood & location

Explore Captains Cove of Melbourne Condo

SubdivisionCaptains Cove of Melbourne Condo

CityMelbourne

CountyBrevard

ZIP code32901

Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.

Property location1208 E River Drive 502, Melbourne, FL 32901Open directions

Schools

School information

Elementary school: University Park
Middle school: Stone
High school: Melbourne
School district: Brevard Public Schools

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Plan your purchase

Mortgage calculator

Estimated monthly payment$4,937

Home price $674,900Down payment (%)Interest rate (%)Loan termAnnual property taxes ($)Annual homeowners insurance ($)Monthly HOA ($)

Principal & interest: $3,413
Property taxes: $397
Homeowners insurance: $337
HOA: $790
Estimated total: $4,937

Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.

Continue your search

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Listing courtesy of RE/MAX Aerospace Realty, 321-631-5511.

Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.