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Sold for $847,500
    • $847,500

    407 Rio Palma S, Melbourne, FL 32903

    5beds
    3,868sqft
    Single Family Residence
    Built in 1984
    0.31 Acres Lot
    $847,000 Zestimate®
    $219/sqft
    $4,957 Estimated rent

    Home value

    $847,000

    $805,000 - $889,000

    $4,957/mo

    Zestimate® history

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    What's special

    Private poolExterior paintWood-burning fireplaceNew tile roofHurricane-rated slidersHurricane-rated windows
    Big-ticket updates, hurricane-rated features & a private pool bring serious WOW factor to this spacious 5-bedroom, 3.5-bath, 2-story home. Built for Florida living, the home features hurricane-rated windows, hurricane-rated sliders & hurricane tint on select upper windows and the garage. Major exterior improvements include a new tile roof & exterior paint completed in 2019-2020, plus a 2025 chimney replacement with fresh stucco. Inside, fresh 2024-2025 paint creates a crisp backdrop, while a wood-burning fireplace adds warmth and character. The kitchen is equipped with newer smart appliances, including a 2024 refrigerator & dishwasher, while a brand-new 2025 A/C system includes both interior & exterior components. Outdoors, enjoy your own private pool along with irrigation supplied by an artesian well and a new 2024 irrigation/sprinkler pump. A transferable termite bond rounds out an impressive list of upgrades.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lindsey N. Whitney 321-559-8799,

    Compass Florida, LLC

    Bought with:

    Elizabeth Morghan Fernandez, 3616080

    Realty World Curri Properties

    Source: Space Coast AOR,MLS#: 1089106

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Electric
    Appliances
    • Included: Dishwasher, Disposal, Electric Range, Refrigerator
    • Laundry: Electric Dryer Hookup, Lower Level, Washer Hookup
    Features
    • Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Vaulted Ceiling(s)
    • Flooring: Carpet, Laminate, Tile
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 3,868 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Impact Windows
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Pool
    Lot
    • Size: 0.31 Acres
    • Features: Dead End Street, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional parcels included: 2726423
    • Parcel number: 2737245500000.00126.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Rio Villa Unit IV
    HOA
    • Has HOA: Yes
    • Amenities included: Management - Full Time
    • HOA fee: $515 annually
    • HOA name: Rio Villa HOA
    Location
    • Region: Melbourne

    Financial & listing details

    • Price per square foot: $219/sqft
    • Tax assessed value: $653,590
    • Annual tax amount: $10,935
    • Date on market: 10/2/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    11/3/2026Sold$847,500-0.3%$219/sqft
    Source: Space Coast AOR #1089106 Report a problem
    10/7/2026Contingent$850,000$220/sqft
    Source: Space Coast AOR #1089106 Report a problem
    10/2/2026Listed for sale$850,000-8.1%$220/sqft
    Source: Space Coast AOR #1089106 Report a problem
    2/21/2026Listing removed$925,000$239/sqft
    Source: Space Coast AOR #1041391 Report a problem
    2/3/2026Price change$925,000-1.1%$239/sqft
    Source: Space Coast AOR #1041391 Report a problem
    1/21/2026Price change$935,000-0.1%$242/sqft
    Source: Space Coast AOR #1041391 Report a problem
    12/5/2025Price change$936,000-0.1%$242/sqft
    Source: Space Coast AOR #1041391 Report a problem
    11/12/2025Price change$937,000-0.1%$242/sqft
    Source: Space Coast AOR #1041391 Report a problem
    10/31/2025Price change$938,000-0.1%$243/sqft
    Source: Space Coast AOR #1041391 Report a problem
    10/22/2025Listed for sale$939,000-2.1%$243/sqft
    Source: Space Coast AOR #1041391 Report a problem
    10/13/2025Listing removed$959,000+2%$248/sqft
    Source: Stellar MLS #O6330958 Report a problem
    8/21/2025Price change$940,000-2%$243/sqft
    Source: Space Coast AOR #1041391 Report a problem
    7/24/2025Price change$959,000-1.6%$248/sqft
    Source: Space Coast AOR #1041391 Report a problem
    7/15/2025Price change$974,900-2.5%$252/sqft
    Source: Space Coast AOR #1041391 Report a problem
    6/23/2025Price change$999,500-1.4%$258/sqft
    Source: Space Coast AOR #1041391 Report a problem
    5/28/2025Price change$1,014,000-0.5%$262/sqft
    Source: Space Coast AOR #1041391 Report a problem
    4/29/2025Price change$1,019,000-2.9%$263/sqft
    Source: Space Coast AOR #1041391 Report a problem
    4/15/2025Listed for sale$1,049,000+39.9%$271/sqft
    Source: Space Coast AOR #1041391 Report a problem
    12/9/2022Sold$750,000-11.8%$194/sqft
    Source: Space Coast AOR #938451 Report a problem
    10/21/2022Contingent$850,000$220/sqft
    Source: Space Coast AOR #938451 Report a problem
    8/29/2022Price change$850,000-10.5%$220/sqft
    Source: Space Coast AOR #938451 Report a problem
    7/9/2022Price change$949,900-17.4%$246/sqft
    Source: Space Coast AOR #938451 Report a problem
    6/27/2022Price change$1,149,900-4.2%$297/sqft
    Source: Space Coast AOR #938451 Report a problem
    6/21/2022Listed for sale$1,200,000+127.3%$310/sqft
    Source: Space Coast AOR #938451 Report a problem
    8/19/2016Sold$528,000-4%$137/sqft
    Source: Space Coast AOR #755577 Report a problem
    7/10/2016Pending sale$549,900$142/sqft
    Source: Dale Sorensen R.E. Brevard #755577 Report a problem
    5/27/2016Listed for sale$549,900$142/sqft
    Source: Dale Sorensen R.E. Brevard #755577 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,936 -2.4%$653,590 -4.5%
    2024$11,206 -7.2%$684,350 -0.2%
    2023$12,078 +40.8%$685,600 +27.6%
    2022$8,580 -1.9%$537,320 +3%
    2021$8,745 +0.9%$521,670 +1.4%
    2020$8,665 -3.9%$514,470 -0.2%
    2019$9,017 $515,680 +1.3%
    2018$9,017 -0.7%$509,050 +17.1%
    2017$9,080 +4.5%$434,730 +40.1%
    2016$8,690 +52.2%$310,370 +0.7%
    2015$5,711 -0.6%$308,220 +0.8%
    2014$5,744 $305,780 -4.6%
    2013-- $320,590 +8.2%
    2012$5,618 +2.9%$296,240 -1.9%
    2011$5,461 +12.1%$301,930 -15.3%
    2010$4,871 +11%$356,660 -9.7%
    2009$4,387 +2.9%$394,860 -12.8%
    2008$4,263 -1.6%$453,000 -7%
    2007$4,334 +0.5%$487,000 -17.4%
    2005$4,314 -1.9%$589,550 +35.6%
    2004$4,396 -1.2%$434,660 +16.2%
    2003$4,452 +4.1%$374,080 +28.7%
    2002$4,278 +2.6%$290,740 +7.7%
    2001$4,172 +5.8%$269,900 +3.7%
    2000$3,944 $260,390
    Find assessor info on the county website

    Neighborhood: 32903

    Nearby homes

    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

    $847,000

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

    $847,000

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