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Condominium at 1208 E RIVER DR #401, MELBOURNE
Condominium at 1208 E RIVER DR #401, MELBOURNE, photo 2 of 64
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Gated community - 1208 E RIVER DR #401, MELBOURNE
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AI-generated virtual staging. Furnishings and décor shown are for visualization purposes only and are not included. - 1208 E RIVER DR #401, MELBOURNE
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AI-generated virtual staging. Furnishings and décor shown are for visualization purposes only and are not included. - 1208 E RIVER DR #401, MELBOURNE
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AI-generated virtual staging. Furnishings and décor shown are for visualization purposes only and are not included. - 1208 E RIVER DR #401, MELBOURNE
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AI-generated virtual staging. Furnishings and décor shown are for visualization purposes only and are not included. - 1208 E RIVER DR #401, MELBOURNE
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Downstairs Storage Unit 401 - 1208 E RIVER DR #401, MELBOURNE
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64 photos

$749,000

Bedrooms
3
Bathrooms
2
Living area
1,898 sqft
Year built
1984
1208 E RIVER DR #401
MELBOURNE, FL 32901
Listed by ENGEL & VOLKERS NEW SMYRNA

Highlights

Property type
Condominium
Lot size
0.08 acres
On market
7 days
  • Waterfront
  • Fireplace

About this home

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.

Property details

MLS
Stellar MLS
MLS #
MFRNS1089614
Property type
Condominium
Subdivision
CAPTAIN'S COVE OF MELBOURNE
Status
Active
Days on market
7
On market date
October 29, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.08 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
UNIVERSITY PARK ELEMENTARY SCHOOL
1.9 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
467
Student:teacher ratio
12.3:1
District
BREVARD
Middle
STONE MAGNET MIDDLE SCHOOL
0.92 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
745
Student:teacher ratio
16.9:1
District
BREVARD
High
MELBOURNE SENIOR HIGH SCHOOL
1.46 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,210
Student:teacher ratio
22.6:1
District
BREVARD

Walkability

Blended score for MELBOURNE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

72
Walkable
out of 100
EPA National Walkability Index
14.3 / 20 -- Above average walkable

Market position

How this listing compares to current activity in MELBOURNE, from live MLS data.

On the market 7 days -- 58 fewer days than MELBOURNE's current average of 65 days.
For reference, the median list price across 100 active listings in MELBOURNE right now is $325,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$4,661/mo
$149,800 down
$599,200 loan
Principal & interest$3,886
Property tax (est.)$624
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS. Last updated 9 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.