What a surprise package! Stepping inside this 4Bd 3Bth CBS home in the executive neighborhood of Rio Villa, you'll be struck with how spacious it feels! The enormous gathering room with a soaring ceiling, fireplaces and open floor plan kitchen/family room over looking the air conditioned terra cotta sunroom and pool... WOW! This split plan home has 4 oversized bedrooms, three of them with ensuite bathrooms (including the master) and lots of pocket doors that allow for flexibility of living. The kitchen boasts a separate refrigerator and freezer for all your entertaining needs. With some cosmetic updating this executive home will be a stunner! NEW concrete tile roof, NEW AC, fully fenced backyard, whole house vacuum with a freshly painted interior... a MUST see in person!
Sold for $775,000
$775,000
403 Rio Palma S, Melbourne, FL 32903
4beds
3,178sqft
Single Family Residence
Built in 1986
0.28 Acres Lot
$906,500 Zestimate®
$244/sqft
$5,080 Estimated rent
Home value
$906,500
$825,000 - $1.02M
$5,080/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 10:37pm
Listed by:
Sharon Noll,
RE/MAX Solutions
Bought with:
LaRocque & Co., Realtors
Source: Space Coast AOR,MLS#: 947544
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Main
- Area: 212.91
- Dimensions: 14.10 x 15.10
Bedroom 2
- Level: Main
- Area: 166.6
- Dimensions: 14.00 x 11.90
Bedroom 3
- Level: Main
- Area: 157.2
- Dimensions: 12.00 x 13.10
Bedroom 4
- Level: Main
- Area: 117
- Dimensions: 11.70 x 10.00
Family room
- Level: Main
- Area: 565.36
- Dimensions: 29.60 x 19.10
Other
- Description: Great/Gathering Room
- Area: 372
- Dimensions: 31.00 x 12.00
Other
- Description: SunRoom under AC
- Area: 490
- Dimensions: 35.00 x 14.00
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
- Laundry: Sink
Features
- Breakfast Nook, Built-in Features, Central Vacuum, Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Tile, Vinyl, Wood
- Has fireplace: Yes
- Fireplace features: Wood Burning, Other
Interior area
- Total structure area: 3,694
- Total interior livable area: 3,178 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Patio & porch: Patio, Porch, Screened
- Exterior features: Outdoor Shower, Storm Shutters
- Has private pool: Yes
- Pool features: In Ground, Other
- Fencing: Fenced,Wood
- Has view: Yes
- View description: Pool
Lot
- Size: 0.28 Acres
- Features: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
Details
- Additional parcels included: 2726424
- Parcel number: 2737245500000.00127.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Concrete,Tile
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Well
- Utilities for property: Cable Available, Electricity Connected
Community & neighborhood
Security
- Security features: Security System Owned
Location
- Region: Melbourne
- Subdivision: Rio Villa Unit IV
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $385 annually
- Amenities included: Maintenance Grounds, Management - Off Site
- Association name: RIO VILLA UNIT IV
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2023 | Sold | $775,000+0%$244/sqft |
Source: Space Coast AOR #947544 Report a problem | ||
| 3/29/2023 | Contingent | $774,900$244/sqft |
Source: Space Coast AOR #947544 Report a problem | ||
| 3/24/2023 | Listed for sale | $774,900-5.5%$244/sqft |
Source: Space Coast AOR #947544 Report a problem | ||
| 1/11/2023 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 11/5/2022 | Price change | $819,900-3.5%$258/sqft |
Source: Space Coast AOR #947544 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,035 -1% | $575,560 +0.2% |
| 2023 | $10,139 +9453.3% | $574,520 +115.4% |
| 2022 | $106 +5.1% | $266,730 +3% |
Find assessor info on the county website
Neighborhood: 32903
Nearby schools
GreatSchools rating
- 10/10Indialantic Elementary SchoolGrades: PK-6Distance: 1.3 mi
- 6/10Herbert C. Hoover Middle SchoolGrades: 7-8Distance: 1.2 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Indialantic
- Middle: Hoover
- High: Melbourne
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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