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Active - Condominium for sale

1208 E RIVER DRIVE UNIT 401, Melbourne, FL

3 bds|2 bth|1,898 sqft

Facts & features

Condominium Property type
14 days on Beycome
1984 Year built
$395 Price/Sqft.
3,485 sqft Lot size

Why you’ll love it

  • Waterfront
  • Renovated
  • New roof
  • Fireplace
  • Garage

Virtually Staged. Boater's Dream! Tremendous views & first-class waterfront lifestyle in Downtown Melbourne steps away from dining, shopping & entertainment. 3 minutes to beach & airport. Next to the Melbourne Yacht Club. Home boasts Intracoastal & Marina Views w/ TWO DEEDED BOAT SLIPS! Use One, rent the other or rent both. Only complex offering boat slips w/ ownership, a huge VALUE for boaters! Completely remodeled, light-filled floor plan w/ gorgeous modern kitchen & wood-burning stone fireplace. Oversized primary suite w/ luxe bath, ensuite laundry & private slider to expansive terrace. Includes private 1-car garage, open parking, 2 terraces + storage unit. Captain's Cove is gated,10 unit, nautically inspired architectural masterpiece, set on a weather protected Harbour. New Roof, A/C, & Elevator. Unit require no add'l investment. It doesn't get any better than this. Call Garat or Amy May for an exclusive showing today! Flexible Purchase Opportunity | Seller Financing Available. Ask for details.

Translating description...

Listings courtesy of ENGEL & VOLKERS NEW SMYRNA as distributed by MLS GRID.

Listed by: Garat Oates • garat.oates@evrealestate.com • ENGEL & VOLKERS NEW SMYRNA

Co-listed by: Amy Peterson • ENGEL & VOLKERS NEW SMYRNA

Source: Stellar MLS as distributed by MLS GRID, MLS#: NS1089614 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 11, 2026 at 1:01 PM EST.

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Affordability

$485,000$1,010,000
1%20%
0%90%
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Estimated monthly payment

$4,466/mo

  • Mortgage$3,787
  • Property tax$679
  • HOA fee
  • Homeowners insurance
Due at closing$595,455
Down payment held in escrow$149,800
Closing costs$11,235
beycome credit Est.$14,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Captain's Cove Of Melbourne

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 11, 2026 at 01:01pm EST. 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.

$749,000 Listed price

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$14,980 Credit back

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