$440,000
Indialantic, FL 32903
MLS# 1002481
Status: Closed
2 beds | 2 baths
1 / 37
Property Description
INVESTOR ALERT! BEACHFRONT AIRBNB. 7.5% CAP rate with seller using it during season. Steps away from beach access and the pool, this fully furnished, updated condo is ready for it's full time resident or new investor to rent it out short or long term. Villa Riviera is in the heart of Indialantic- near shopping, restaurants, and all the amenities of an active coastal town. Updated kitchen that is open to a family room and dining area. Tile and wood floors throughout the unit. Two comfortable bedrooms and one bathroom upstairs with walk in closets. One car garage. Community pool with lounge chairs, private beach crosswalk, laundry room. and resort like landscaping. Off site management available. CASH ONLY. Unit has been brought to 4 point and fire codes. Currently renting and available to rent.
Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $440,000
Original List Price: 459000
Sold Price: $440,000
Status: Closed
Listing Contract Date: 2024-01-18
Property Sub Type: Condominium
Location, Tax, and Legal
Unit Number: 116
Tax Account: 2716121
Parcel Number: 27-37-13-76-00000.0-0001.16
General County Location: South
Elementary School: Indialantic
Middle School: Hoover
High School: Melbourne
Tax Year: 2023
Tax Legal Description: VILLA RIVIERA CLUB INC CONDO UNIT 116 VILLA RIVIERA CLUB INC CONDO AS DESC IN ORB 1473 PG 43 AND ALL AMENDMENTS THERETO
Directions: From Eau Gallie Blvd, head south on A1A. Villa Rivera is on the East.
General Property Information
Stories Total: 2
Bathrooms Half: 0
Living Area: 1200
Lot Size Acres: 0.06
Lot Size Square Feet: 2613.6
Accessibility Features YN: No
Association YN: Yes
Association Fee: 1112
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: VILLA RIVIERA
Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Waterfront YN: Yes
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Furnished: Furnished
Stories: 2
Entry Level: 1
Direction Faces: South
List Price/SqFt: 382.5
Sold Price/SqFt: 366.67
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1975
Remarks and Miscellaneous
Public Remarks: INVESTOR ALERT! BEACHFRONT AIRBNB. 7.5% CAP rate with seller using it during season. Steps away from beach access and the pool, this fully furnished, updated condo is ready for it's full time resident or new investor to rent it out short or long term. Villa Riviera is in the heart of Indialantic- near shopping, restaurants, and all the amenities of an active coastal town. Updated kitchen that is open to a family room and dining area. Tile and wood floors throughout the unit. Two comfortable bedrooms and one bathroom upstairs with walk in closets. One car garage. Community pool with lounge chairs, private beach crosswalk, laundry room. and resort like landscaping. Off site management available. CASH ONLY. Unit has been brought to 4 point and fire codes. Currently renting and available to rent.
Appliances
Dishwasher: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Association Amenities
Beach Access: 1
Community Pool: 1
Laundry: 1
Maintenance Grounds: 1
Management - Off Site: 1
Association Fee Includes
Cable TV: 1
Insurance: 1
Internet: 1
Sewer: 1
Trash: 1
Closing Company Details
Closing Company Name: Linda Martin
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Residential: 1
DPR Eligible
DPR Eligible: Yes
Exterior Features
Balcony: 1
Fencing
Fenced: 1
Vinyl: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Electric: 1
Interior Features
Breakfast Nook: 1
Primary Bathroom - Shower No Tub: 1
Split Bedrooms: 1
Walk-In Closet(s): 1
Legal Details
Permission Granted to Advertise: No
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Lot Features
Other: 1
Parking Features
Additional Parking: 1
Attached: 1
Garage: 1
Guest: 1
Patio And Porch Features
Patio: 1
Pets Allowed
No: 1
Pool Features
Electric Heat: 1
In Ground: 1
Other: 1
Possession
Close Of Escrow: 1
Road Frontage Type
County Road: 1
Road Surface Type
Asphalt: 1
Roof
Membrane: 1
Tile: 1
Other: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
View
Beach: 1
Ocean: 1
Pool: 1
Water: 1
Water Source
Public: 1
Waterfront Features
Ocean Access: 1
Showing Requirements
Call Listing Agent: 1
Rental Restrictions
1 Week: 1
Location Tax and Legal
Street Number: 2925
Street Direction Prefix: N
Street Name: Highway A1a
County: Brevard
State: FL
Postal Code: 32903
MLS Area Major: 383 - N Indialantic
Subdivision Name: Villa Riviera Club Inc Condo
Status Change Information
Major Change Timestamp: 2024-05-23T15:42:56Z
Major Change Type: Status Change
Status Change Timestamp: 2024-05-23
Purchase Contract Date: 2024-05-10
Close Date: 2024-05-23
Close Price: 440000
Property Features
Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator
Association Amenities: Beach Access; Community Pool; Laundry; Maintenance Grounds; Management - Off Site
Association Fee Includes: Cable TV; Insurance; Internet; Trash
Construction Materials: Block; Concrete
Cooling: Central Air; Electric
Current Use: Residential
Exterior Features: Balcony
Fencing: Fenced; Vinyl
Flooring: Carpet; Tile
Heating: Central; Electric
Interior Features: Breakfast Nook; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s)
Levels: Two
Listing Terms: Cash; Conventional; Other
Lot Features: Other
Parking Features: Additional Parking; Attached; Garage; Guest
Patio And Porch Features: Patio
Pets Allowed: No
Pool Features: Electric Heat; In Ground; Other
Possession: Close Of Escrow
Rental Restrictions: 1 Week
Road Frontage Type: County Road
Road Surface Type: Asphalt
Roof: Membrane; Tile; Other
Sewer: Public Sewer
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Utilities: Cable Connected; Electricity Connected; Sewer Connected
View: Beach; Ocean; Pool; Water
Water Source: Public
Waterfront Features: Ocean Access
Listing Office: RE/MAX Alternative Realty
Last Updated: August - 23 - 2026
Information is deemed to be reliable, but is not guaranteed.