Sold for $780,000

$780,000

1701 Riverview Dr, Melbourne, FL 32901

5beds

3baths

3,120sqft

MultiFamily

Built in 1938

-- sqft lot

$774,700 Zestimate^®

$250/sqft

$2,086 Estimated rent

Home value

$774,700

$713,000 - $844,000

$2,086/mo

Zestimate^® history

Owner options

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$2,086/mo

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$2,086/mo

Rent Zestimate^®

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$5,121/mo

Est. payment

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$5,121/mo

Est. payment

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What's special

Vintage Riverfront home zoned C3 high on the bluff overlooking the Indian River in Historic Downtown Melbourne, Oh! the Views!, Home is currently just done renovations, have your office or business at home and live on the river. Set up for downstairs office and upstairs living, separate detached garage.Currently used as rental with 3 units with 3 separate kitchens. Great views and potential. Investors delight.Pilings in River are grandfathered and could rebuild boat dock.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3.5

Features

Has fireplace: Yes

Interior area

Total interior livable area: 3,120 sqft

Property

Parking

Parking features: Garage - Detached

Features

Exterior features: Wood

Lot

Size: 0.25 Acres

Details

Parcel number: 283702FC81

Construction

Type & style

Home type: MultiFamily

Materials

Wood
Roof: Asphalt

Condition

Year built: 1938

Community & HOA

Location

Region: Melbourne

Financial & listing details

Price per square foot: $250/sqft
Tax assessed value: $392,040
Annual tax amount: $7,159

Price history

Date	Event	Price
3/6/2026	Sold	$780,000+11.6%$250/sqft
Source: Public Record Report a problem
11/22/2009	Listing removed	$699,000$224/sqft
Source: RE/MAX Alternative Realty, Inc. #550000 Report a problem
9/19/2009	Price change	$699,000-12.5%$224/sqft
Source: RE/MAX Alternative Realty, Inc. #550000 Report a problem
3/28/2009	Listed for sale	$799,000$256/sqft
Source: RE/MAX Alternative Realty, Inc. #516531 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,159 +2.6%	$392,040
2024	$6,981 -1.1%	$392,040
2023	$7,059 -3.2%	$392,040 -14.5%
2022	$7,293 +9.9%	$458,640 +28.3%
2021	$6,636 +4.3%	$357,570 +5%
2020	$6,364 +5.7%	$340,540 +10%
2019	$6,020	$309,580 +1.5%
2018	$6,020 -1.3%	$305,000 +1.7%
2017	$6,098 -1.1%	$300,000 +3.4%
2016	$6,164 +1.1%	$290,000 +15.6%
2015	$6,095 +19.4%	$250,800 +10%
2014	$5,104	$228,000 +3.6%
2013	--	$220,000 +5%
2012	$4,619 -4.7%	$209,480 -1.6%
2011	$4,847 -7.3%	$212,890 -19.6%
2010	$5,230 -5.7%	$264,640 -11.6%
2009	$5,546 -12.3%	$299,280 -12.5%
2008	$6,322 +51.2%	$342,200 +28.2%
2007	$4,181 -1.2%	$267,000 -2.5%
2005	$4,231 +16.8%	$273,730 +13.4%
2004	$3,624 0%	$241,340 +5.7%
2003	$3,624 +7.4%	$228,380 +4.9%
2002	$3,374 +5%	$217,790 +24.7%
2001	$3,215 +2.5%	$174,650 +1.6%
2000	$3,136	$171,920