515 Rio Lane

Closed 2/22/18

Sold

Last Sold Price

$390,000

3 beds2 baths1,614 sqft$242/sqft

515 Rio Ln, Melbourne, FL 32903

Single FamilyProperty Type

0.26 acresLot Size

1978Year Built

$242/sq ftPrice per sq ft

2 carsParking Spaces

Description

Beach Side Living at its Best. Completely updated throughout, this gorgeous 3/2/2 pool home has an amazing updated Kitchen with Granite countertops. This Stunning Home has newer stainless steel appliances, Updated bathrooms, and tile throughout. Nice size Pool with a large fenced backyard & space for your RV or other toys. On a private street. Close to the beach, shopping, schools, and restaurants. Won't Last, Make your appointment today for your private showing !Beach Side Living at its Best. Completely updated throughout, this gorgeous 3/2/2 pool home has an amazing updated Kitchen with Granite countertops. This Stunning Home has newer stainless steel appliances, Updated bathrooms, and tile throughout. Nice size Pool with a large fenced backyard & space for your RV or other toys. On a private street. Close to the beach, shopping, schools, and restaurants. Won't Last, Make your appointment today for your private showing !

Listed by: Walter Ferrero • EXP Realty LLC

Listing closed: 02/22/2018 12:00 AM • Source: SCMLS, MLS#: 801647

Recent comparable sales

Median sold price

$334,900

Avg days on market

Sale-to-list ratio

93.9%

1/28

$334,900

Sold 04/13/26

3
Bedrooms: 2
Bathrooms: 1,450
Square Feet: 0.23
Acres

128 Lagoon Avenue, Melbourne, FL 32901

1/48

$373,895

Sold 07/15/25

3
Bedrooms: 2
Bathrooms: 1,610
Square Feet: 0.33
Acres

451 Crescent Drive, Melbourne, FL 32901

1/43

$399,900

Sold 10/22/25

3
Bedrooms: 2
Bathrooms: 1,640
Square Feet: 0.23
Acres

331 Jeanne Drive, Melbourne, FL 32935

1/38

$347,000

Sold 06/24/26

3
Bedrooms: 2
Bathrooms: 1,484
Square Feet: 0.28
Acres

452 Alice Drive, Melbourne, FL 32935

1/51

$319,000

Sold 07/28/26

3
Bedrooms: 2
Bathrooms: 1,652
Square Feet: 0.25
Acres

100 West Charles Drive, Melbourne, FL 32935

1/36

$320,000

Sold 07/30/26

3
Bedrooms: 2
Bathrooms: 1,631
Square Feet: 0.2
Acres

200 Sharon Drive, Melbourne, FL 32935

1/29

$315,000

Sold 01/21/26

3
Bedrooms: 2
Bathrooms: 1,548
Square Feet: 0.28
Acres

440 Crescent Drive, Melbourne, FL 32901

1/48

$405,000

Sold 05/20/26

3
Bedrooms: 2
Bathrooms: 1,480
Square Feet: 0.41
Acres

284 Thomas Barbour Drive, Melbourne, FL 32935

a view of a house with a big yard and palm trees

1/27

$329,000

Sold 10/15/24

3
Bedrooms: 2
Bathrooms: 1,537
Square Feet: 0.19
Acres

537 Poinciana Drive, Melbourne, FL 32935

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Location

Listing Courtesy of EXP Realty LLC, Walter Ferrero

Sold By Curri Kirschner R.E. Group LLC, Mary Goodwin

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Payment Calculator

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$2,354 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,982

Property Taxes

$372

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 515 Rio Lane

Property Details

Taxes: $4,461 / year
MLS Type: Residential
County: Brevard County
Directions: Riverside, South of Paradise Blvd, to east on Rio Lane
Subdivision/Condo Name: Rio-Mar
Furnished: None

Building Information

Year Built: 1978
Lot Size: 0.26 AC / 11,325 SF

Summary

Location and General Information

City: Melbourne
State/Province: FL

County: Brevard
Geo Lat: 28.114958
Geo Lon: -80.584385
Area: 383 - N Indialantic
Absolute Longitude: 80.584385
Schools: Elementary School: Indialantic
Schools: Middle School: Hoover
Schools: High School: Melbourne
General County Loc: South
County Sub/Condo Name: Rio-Mar

Taxes and HOA Information

Taxes: $4,461.27
Tax Year: 2017

Tax Acct: 2726270
Tax ID: 27-37-24-50-00000.0-0026.00

Parking

Parking: Total Garage Spaces: 2
Parking: Attached, RV Access/Parking

Garage: 2.0
Carport: 0.0

Owner

Financing-Owner Will Consider: Conventional

Virtual Tour

Branded Virtual Tour: https://video214.com/play/FP9bOx7nS5iFPlgBscy4hw/s/dark
UnBranded Virtual Tour: https://video214.com/play/FP9bOx7nS5iFPlgBscy4hw/s/dark

Property

Lot Information

SqFt - Living: 1614.0
SqFt - Total: 2097.0

Lot SqFt: 11326.0
Year Built: 1978
Picture Count: 15
Document Count: 0
Lot Description: Dead End Street
Acreage: 0.26
Furnishings: None

Property and Assessments

Construction: Block, Concrete, Stucco
Docs on File: 0

Property Type: A
Legal/Misc: 55+ Community: No
MLS Approved: Y
Type of Service: Full Service
Prop Type: A
Sub Type: Single Family Residence
To Be Constructed: No

Utilities

Utilities: Sewer or Septic: Public Sewer
Utilities: Cable Available, City Water

Interior and Exterior Features

Exterior Features

Roof: Shingle - Asphalt
Exterior Features: Porch/Patio - Screened

Pool: Equipment Included, Inground
Pool Features: Equipment Included, Inground
Flooring: Tile

Interior Features

Cooling: Central Air
Heat: Central

Interior Features: Breakfast Bar, Ceiling Fan(s), Closet - Walk-Ins, Living/Dining Combo
Equipment/Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Bedrooms: 3
Baths - Total: 2.0
Baths - Full: 2
Baths - Half: 0

Multi Family

Multi-Family Information

Selling Terms Code: Cash, Conventional, FHA, VA Loan

Agent

Agent Information

Closing Co. Name: Bella Title & Escrow
Closing Co. Address: 7025 N. Wickham Rd Ste112 Melbourne, FL 32940

Sale and Listing

Cumulative DOM: 4
Days On Market: 4

Showing and Remarks

Showing: Appointment Only, Call Listing Agent

Property History for 515 Rio Lane

Date	Event & Source	Price	Appreciation
Feb 22, 2018	Sold (Public Record) Public Record #617562638	$390,000	+18.4% / yr
Feb 22, 2018	Sold SCMLS #801647	$390,000	—
Feb 22, 2018	Sold SCMLS #801647	$390,000	—
Jan 8, 2018	Pending SCMLS #801647		—
Jan 8, 2018	Pending SCMLS #801647		—
Jan 4, 2018	Listed (Active) SCMLS #801647	$385,000	—
Jan 4, 2018	Listed (Active) SCMLS #801647	$385,000	—
May 11, 2016	Withdrawn SCMLS #748752		—
May 11, 2016	Withdrawn SCMLS #748752		—
Mar 5, 2016	Listed (Active) SCMLS #748752	$365,000	—
Mar 5, 2016	Listed (Active) SCMLS #748752	$365,000	—
Dec 3, 2015	Sold (Public Record) Public Record #561265060	$268,000	+2.1% / yr
Dec 3, 2015	Sold SCMLS #734854	$268,000	—
Dec 3, 2015	Sold SCMLS #734854	$268,000	—
Oct 7, 2015	Pending SCMLS #734854		—
Oct 7, 2015	Pending SCMLS #734854		—
Sep 13, 2015	Listed (Active) SCMLS #734854	$275,000	—
Sep 13, 2015	Listed (Active) SCMLS #734854	$275,000	—
Jun 22, 2009	Sold SCMLS #539585	$235,000	—
Jun 22, 2009	Sold SCMLS #539585	$235,000	—
Jun 15, 2009	Sold (Public Record) Public Record #271183458	$235,000	—
May 16, 2009	Pending SCMLS #539585		—
May 16, 2009	Pending SCMLS #539585		—
May 6, 2009	Listed (Active) SCMLS #539585	$239,900	—
May 6, 2009	Listed (Active) SCMLS #539585	$239,900	—

Date	Event & Source	Price
02/22/2018	Sold (Public Record) Public Record #617562638	$390,000 +18.4% / yr
02/22/2018	Sold SCMLS #801647	$390,000
02/22/2018	Sold SCMLS #801647	$390,000
01/08/2018	Pending SCMLS #801647	—
01/08/2018	Pending SCMLS #801647	—
01/04/2018	Listed (Active) SCMLS #801647	$385,000
01/04/2018	Listed (Active) SCMLS #801647	$385,000
05/11/2016	Withdrawn SCMLS #748752	—
05/11/2016	Withdrawn SCMLS #748752	—
03/05/2016	Listed (Active) SCMLS #748752	$365,000
03/05/2016	Listed (Active) SCMLS #748752	$365,000
12/03/2015	Sold (Public Record) Public Record #561265060	$268,000 +2.1% / yr
12/03/2015	Sold SCMLS #734854	$268,000
12/03/2015	Sold SCMLS #734854	$268,000
10/07/2015	Pending SCMLS #734854	—
10/07/2015	Pending SCMLS #734854	—
09/13/2015	Listed (Active) SCMLS #734854	$275,000
09/13/2015	Listed (Active) SCMLS #734854	$275,000
06/22/2009	Sold SCMLS #539585	$235,000
06/22/2009	Sold SCMLS #539585	$235,000
06/15/2009	Sold (Public Record) Public Record #271183458	$235,000
05/16/2009	Pending SCMLS #539585	—
05/16/2009	Pending SCMLS #539585	—
05/06/2009	Listed (Active) SCMLS #539585	$239,900
05/06/2009	Listed (Active) SCMLS #539585	$239,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 515 Rio Lane

Taxable ValueLand-Additions-Total-

Tax Record2025$5,845 ($487 / month)

Home Facts

Beds3Baths3Total Finished SqFt1,614 SqFtAbove Grade Finished SqFt1,614 SqFtStories1Lot Size11,326 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated2001ZoningR1AACountyBREVARDAPN27-37-24-50-00000.0-0026.00

Schools near 515 Rio Lane

This home is within Brevard Public Schools.


Rating	School	Type	Grades	Distance
10/10	Indialantic Elementary School	Public - Serves this home	PK to 6	1.2 mi
7/10	Herbert C. Hoover Middle School	Public - Serves this home	7 to 8	1.1 mi
6/10	Melbourne Senior High School	Public - Serves this home	9 to 12	2.8 mi
1/10	Riverside Charter High School	Charter - Choice school	7 to 12	2.6 mi
10/10	Westshore Junior/Senior High School	Public - Choice school	7 to 12	2.6 mi
1/10	South Area Alternative Learning Center	Public - Choice school	1 to 12	5.6 mi


Rating	School	Distance
10/10	Indialantic Elementary School PublicPK to 6 Serves this home	1.2 mi
7/10	Herbert C. Hoover Middle School Public7 to 8 Serves this home	1.1 mi
6/10	Melbourne Senior High School Public9 to 12 Serves this home	2.8 mi
1/10	Riverside Charter High School Charter7 to 12 Choice school	2.6 mi
10/10	Westshore Junior/Senior High School Public7 to 12 Choice school	2.6 mi
1/10	South Area Alternative Learning Center Public1 to 12 Choice school	5.6 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 515 Rio Lane, Melbourne, FL 32903	$390,000	3	2	1,614	11,325
535 Rio Lane, Indialantic, FL 32903	–	3	2	2,078	11,326
501 Rio Lane, Indialantic, FL 32903	–	3	3	1,664	11,326
606 North Sonora Circle, Indialantic, FL 32903	–	3	2	1,961	11,761
600 North Sonora Circle, Indialantic, FL 32903	$257,500	4	2	2,163	10,018
510 Rio Lane, Indialantic, FL 32903	–	3	3	2,008	11,326
530 Rio Lane, Indialantic, FL 32903	–	3	2	2,044	11,326
549 Rio Lane, Indialantic, FL 32903	$320,000	3	2	1,925	11,325
612 North Sonora Circle, Indialantic, FL 32903	$275,000	4	2	2,227	13,504
485 Rio Lane, Indialantic, FL 32903	$350,000	3	2	1,480	11,325
490 Rio Lane, Indialantic, FL 32903	–	3	3	1,848	11,326
544 Rio Lane, Indialantic, FL 32903	$156,900	3	2	1,971	11,326
590 North Sonora Circle, Indialantic, FL 32903	$298,000	4	2	2,190	10,018
569 Rio Lane, Indialantic, FL 32903	$38,700	3	2	1,947	13,504
525 Rio Casa Drive North, Indialantic, FL 32903	$290,000	4	2	2,100	12,196
560 Rio Lane, Indialantic, FL 32903	$575,000	3	2	1,895	11,325

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC, Walter Ferrero

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 01/18/2023 10:22 AM

Melbourne, FL

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