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SIRS & Milestone are COMPLETED! This spacious condo is perfectly positioned on the Melbourne Harbor, offering gorgeous water views & an exceptional boating lifestyle. The thoughtfully laid-out floor plan provides an abundance of living space, making the unit feel open, comfortable, and inviting. Boaters will love the rare opportunity of 2 boat slips-1 with a boat lift- providing incredible convenience right outside your door. Not a boat owner? No problem! The slips can also be rented out, providing an opportunity to generate additional income. The dock pilings were reinforced in 2022, & the boat lift was updated in 2023. The unit also includes a private garage plus an additional covered parking space beneath the building, offering plenty of parking & storage. Additional updates provide even more peace of mind, including a new condo roof & elevator in 2023, along with a new A/C in 2023. The unit was also replumbed in 2023 & includes a new water heater. All assessments have been paid.

Highlights

  • Residential
  • Condominium
  • Built in 1984
  • 0.08 Acre Lot
  • $790/mo HOA
  • 1 Car Garage
  • 73 days on Market

  • Bedrooms
    3
  • Bathrooms
    2
  • Year Built
    1984
  • Stories
    6.0
  • Construction Materials
    Stucco, Concrete
  • Garage Spaces
    1.0
  • Parking Features
    Garage, Assigned
  • Living Area
    1898.0
  • Appliances
    Dishwasher, Electric Range, Microwave, Refrigerator
  • Furnished
    Unfurnished
  • Exterior Features
    Boat Slip
  • Cooling
    Central Air
  • Heating
    Electric

  • Acres
    0.08
  • Lot Features
    Waterfront, Other
  • Water Front Features
    Creek, River Access, Ocean Access
  • View
    River
  • Utilities
    Electricity Connected, Sewer Connected, Water Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1208 E River Dr #502?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1208 E River Dr #502.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1208 E River Dr #502?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $674,900. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Melbourne, and can even get you in to see the property quickly.

How do I get a virtual tour of 1208 E River Dr #502?

Yes! A virtual tour is available for 1208 E River Dr #502. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 1208 E River Dr #502?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1208 E River Dr #502 at around $4,056. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1208 E River Dr #502?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Brevard County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1208 E River Dr #502?

In most cases, yes. Whether 1208 E River Dr #502 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Melbourne's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1208 E River Dr #502?

We can handle that for you. Our preferred local agent specializes in residentials in Melbourne and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $674,900 with 1,898 sqft of space—that comes out to approximately $356 per square foot.

How long has this property been on the market?

1208 E River Dr #502 was listed on August 27, 2026, which means it's been on the market for 73 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1984, making it approximately 42 years old.

What is the lot size of this property?

1208 E River Dr #502 sits on a 0.08-acre lot, which is 3,485 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: University Park
  • Middle: Stone
  • High: Melbourne

Want to see how these schools compare? Check out our Brevard County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1208 E River Dr #502?

The most recent public record shows annual property taxes for 1208 E River Dr #502 were approximately $4,761. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $790 paid monthly.

This covers access to community features including: Boat Slip.

Is 1208 E River Dr #502 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard 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. Information deemed reliable but not guaranteed. Copyright © 2026 Brevard MLS. All Rights Reserved.

Last Updated: November 08, 2026 at 12:31PM | Source: Brevard MLS | MLS#: 1086252