407 Rio Palma S Indialantic, FL 32903
Paradise Beach NeighborhoodEstimated payment $6,282/month
Total Views
10,751
5
Beds
3.5
Baths
3,868
Sq Ft
$258
Price per Sq Ft
Highlights
- In Ground Pool
- 1 Fireplace
- Eat-In Kitchen
- Indialantic Elementary School Rated A-
- 2 Car Attached Garage
- Built-In Features
About This Home
This spacious 5BD/4BA custom pool home in highly-desired Rio Villa offers incredible flexibility and room for everyone—just minutes from the beach. With multiple living areas, soaring ceilings, and sunlit open spaces, there's room to spread out, gather, and grow. The
versatile layout includes 4 large downstairs bedrooms (2 en-suite), 3 full baths plus pool bath, and a huge laundry room. Upstairs features a bonus room, private office, and 5th bedroom—ideal for guests, teens, or multigenerational living. Enjoy a fenced yard, tropical landscaping, and a custom pool—perfect for entertaining or unwinding. Impact windows,
newer roof and exterior paint (2019-2020). New refrigerator, dishwasher, irrigation, and interior paint. All on a quiet cul-de-sac street near top schools and parks!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,206
Year Built
- Built in 1984
Lot Details
- 0.31 Acre Lot
- Street terminates at a dead end
- North Facing Home
- Privacy Fence
- Fenced
- Front and Back Yard Sprinklers
HOA Fees
- $43 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Frame Construction
Interior Spaces
- 3,868 Sq Ft Home
- 2-Story Property
- Furniture Can Be Negotiated
- Built-In Features
- Ceiling Fan
- 1 Fireplace
- Laundry in unit
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Convection Oven
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub and Shower Combination in Primary Bathroom
Pool
- In Ground Pool
Schools
- Indialantic Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- Rio Villa Unit Iv Tcb Prop Mgmt Association
- Rio Villa Unit Iv Subdivision
- Maintained Community
Listing and Financial Details
- Assessor Parcel Number 27-37-24-55-00000.0-0126.00
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $12,078 | $685,600 | $130,000 | $555,600 |
| 2022 | $8,580 | $537,320 | $0 | $0 |
| 2021 | $8,745 | $521,670 | $0 | $0 |
| 2020 | $8,665 | $514,470 | $100,000 | $414,470 |
| 2019 | $9,017 | $515,680 | $100,000 | $415,680 |
| 2018 | $9,080 | $509,050 | $100,000 | $409,050 |
| 2017 | $8,690 | $434,730 | $100,000 | $334,730 |
| 2016 | $5,711 | $310,370 | $100,000 | $210,370 |
| 2015 | $5,828 | $308,220 | $100,000 | $208,220 |
| 2014 | $5,744 | $305,780 | $100,000 | $205,780 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Price Changed | $999,500 | -1.4% | $258 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $1,014,000 | -0.5% | $262 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $1,019,000 | -2.9% | $263 / Sq Ft |
| 04/15/2025 04/15/25 | For Sale | $1,049,000 | +39.9% | $271 / Sq Ft |
| 12/09/2022 12/09/22 | Sold | $750,000 | -11.8% | $194 / Sq Ft |
| 10/21/2022 10/21/22 | Pending | -- | -- | -- |
| 09/20/2022 09/20/22 | For Sale | $850,000 | +13.3% | $220 / Sq Ft |
| 09/20/2022 09/20/22 | Off Market | $750,000 | -- | -- |
| 08/29/2022 08/29/22 | Price Changed | $850,000 | -10.5% | $220 / Sq Ft |
| 07/09/2022 07/09/22 | Price Changed | $949,900 | -17.4% | $246 / Sq Ft |
| 06/27/2022 06/27/22 | Price Changed | $1,149,900 | -4.2% | $297 / Sq Ft |
| 06/21/2022 06/21/22 | For Sale | $1,200,000 | +127.3% | $310 / Sq Ft |
| 08/19/2016 08/19/16 | Sold | $528,000 | 0.0% | $135 / Sq Ft |
| 08/19/2016 08/19/16 | Sold | $528,000 | -4.0% | $126 / Sq Ft |
| 07/20/2016 07/20/16 | Pending | -- | -- | -- |
| 07/01/2016 07/01/16 | Pending | -- | -- | -- |
| 06/17/2016 06/17/16 | For Sale | $549,900 | 0.0% | $140 / Sq Ft |
| 05/26/2016 05/26/16 | For Sale | $549,900 | -- | $132 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $750,000 | -- | |
| Warranty Deed | $528,000 | Supreme Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $675,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional |
Source: Public Records
Similar Homes in Indialantic, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1041391
APN: 27-37-24-55-00000.0-0126.00
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