$659,000
209-215 S Riverside Drive, Indialantic, Fl 32903
Indialantic, FL 32903
Listing updated: June 25, 2026 at 9:54 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage space
About this home
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!
Local Insight
At $376/sqft for a duplex income property in Indialantic, you're getting significant value below the neighborhood's median, which typically runs $850K—this makes sense given the 1952 build and smaller footprint, but the real opportunity is the dual-income potential from two units on a barrier island where single-family oceanfront homes command $1.2M+. The location delivers walkable Fifth Avenue access and the neighborhood's quiet residential character without the oceanfront premium, so you're banking on either living in one unit and renting the other, or capturing rental arbitrage in a tight, established community with strong demand. Just verify the structural integrity and systems on a 72-year-old building—deferred maintenance or weather exposure on the barrier island could quickly erode that per-sqft advantage.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Price increased$659,000
Documents
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- County
- Brevard
- Year built
- 1952
- Living area
- 1,751 sq ft
- Price/sq ft
- $376
- Building area
- 0 sq ft
- Lot size
- 10,019 sq ft
- Garage
- 1 spaces
- MLS #
- 1080904
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 3
Parking
- Garage spaces
- 1
Listing Details
- Original list price
- $659,000
Location
Property sale history
Public records209 S RIVERSIDE DR, INDIALANTIC 32903
- Jul 2024$698,500
1,751 sq ft · Built 1952 · 0.2300 acres
Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 25, 2026 at 9:54 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
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