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Sold for $870,000
  • $870,000

    3071 Rio Palma N, Melbourne, FL 32903

    4beds
    3,554sqft
    Single Family Residence
    Built in 1985
    0.34 Acres Lot
    $869,800 Zestimate®
    $245/sqft
    $4,318 Estimated rent

    Home value

    $869,800

    $809,000 - $931,000

    $4,318/mo

    Zestimate® history
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    What's special

    Open layoutEnergy-efficient windows and shuttersBreakfast nookWell-fed irrigation systemShaded corner lotFreshly painted exteriorTwo large walk-in closets
    Exceptional Indialantic Island living in a prime location between the Melbourne and Eau Gallie Causeways! This beautifully remodeled residence offers over 3,554 sq. ft. with a bright, open layout and soaring 20-ft ceilings in the Great Room, highlighted by transom windows and a wood-burning fireplace with custom built-ins. The updated kitchen features custom cabinetry, new appliances, pantry, and breakfast nook, all seamlessly open to the main living area. The second-floor primary suite is a private retreat with a spa-inspired bath, two large walk-in closets, and a balcony. A first-floor guest en-suite with private entrance and patio adds flexibility. Additional features include a bonus game room, dedicated office, oversized bedrooms, concrete tile roof, and paver patio. Just minutes to the beach, shopping, and dining--enjoy the best of Indialantic coastal living! " Over 3,554 sq. ft. of living space in desirable Indialantic Island location " Ideally situated between the Melbourne & Eau Gallie Causeways " Close to beaches, shopping, dining, and local favorites Interior Features: " Fully remodeled with new tile flooring throughout main floor " Great Room with 20-ft ceilings, 3-panel transom windows, and wood-burning fireplace with built-ins " Custom kitchen with newer stainless steel appliances, pantry, breakfast nook, and open layout " Bonus game room ideal for billiards, darts, or home theater " Dedicated office with abundant natural light " Oversized bedrooms with walk-in closets Primary & Guest Suites: " Second-floor primary suite with private balcony " Spa-style bath with soaking tub, double sinks, and separate shower " TWO large walk-in closets " First-floor guest en-suite with private entrance and sun patio " Two upstairs bedrooms share updated full bath Exterior & Structural: " Freshly painted exterior with concrete block construction (main level) " Concrete tile roof + recently sealed flat roof Energy-efficient windows & shutters " Circular driveway with 2+ car garage Outdoor Living: " Shaded corner lot with new sod and fenced backyard " Well-fed irrigation system " Paver patio for year-round outdoor living " Updated electrical switches and receptacles

    Zillow last checked:

    Listing updated:

    Listed by:

    Jack C Jeffcoat III 321-536-1461,

    Ellingson Properties,

    Cynthia L Sweet 321-750-4141,

    Ellingson Properties

    Bought with:

    Ioanna A Hawkins, 669457

    BHHS Florida Realty

    Source: Space Coast AOR,MLS#: 1073677

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator
    • Laundry: In Unit, Lower Level
    Features
    • Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Guest Suite, His and Hers Closets, Jack and Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Windows: Skylight(s)
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 3,554 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Garage, Garage Door Opener
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Balcony, Storm Shutters
    • Fencing: Back Yard,Vinyl
    Lot
    • Size: 0.34 Acres
    • Features: Corner Lot, Cul-De-Sac, Many Trees, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional parcels included: 2726417
    • Parcel number: 2737245500000.00120.00
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Block, Frame, Stucco
    • Roof: Concrete,Tile
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Security System Owned, Smoke Detector(s)
    • Subdivision: Rio Villa Unit IV
    HOA
    • Has HOA: Yes
    • Amenities included: Management - Off Site
    • Services included: Other
    • HOA fee: $515 annually
    • HOA name: Rio Villa HOA
    Location
    • Region: Melbourne

    Financial & listing details

    • Price per square foot: $245/sqft
    • Tax assessed value: $731,380
    • Annual tax amount: $5,935
    • Date on market: 4/3/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/17/2026Sold$870,000-3.2%$245/sqft
    Source: Space Coast AOR #1073677 Report a problem
    6/25/2026Pending sale$899,000$253/sqft
    Source: Space Coast AOR #1073677 Report a problem
    6/3/2026Contingent$899,000$253/sqft
    Source: Space Coast AOR #1073677 Report a problem
    5/7/2026Price change$899,000-5.3%$253/sqft
    Source: Space Coast AOR #1073677 Report a problem
    4/3/2026Listed for sale$949,000+79.1%$267/sqft
    Source: Space Coast AOR #1073677 Report a problem
    6/16/2004Sold$530,000$149/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,935 +5.6%$370,720 +2.9%
    2024$5,620 +2.1%$360,280 +3%
    2023$5,503 +5.9%$349,790 +3%
    2022$5,198 -1.7%$339,610 +3%
    2021$5,287 +1%$329,720 +1.4%
    2020$5,235 -0.3%$325,170 +3.1%
    2019$5,250 $315,520 +1.9%
    2018$5,250 +0%$309,640 +2.1%
    2017$5,248 -0.4%$303,280 +2.1%
    2016$5,269 -3%$297,050 +2.6%
    2015$5,432 +1.6%$289,440 +0.8%
    2014$5,347 $287,150 -6.5%
    2013-- $307,110 +10.4%
    2012$5,221 -2.1%$278,190 -1.7%
    2011$5,333 -6.8%$282,890 -13.5%
    2010$5,725 -3.5%$327,210 -9.3%
    2009$5,935 -7.4%$360,660 -8.9%
    2008$6,406 -11.1%$396,000 -7.9%
    2007$7,205 -19.5%$430,000 -20.5%
    2005$8,946 +167%$541,130 +36.9%
    2004$3,351 -1.2%$395,290 +16.5%
    2003$3,391 +4.6%$339,310 +47.1%
    2002$3,240 +2.6%$230,700 +5.8%
    2001$3,158 +5.9%$218,120 +3.6%
    2000$2,982 $210,570
    Find assessor info on the county website

    Neighborhood: 32903

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Indialantic
    • Middle: Hoover
    • High: Melbourne

    Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $869,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $869,800