Big-ticket updates, hurricane-rated features & a private pool bring serious WOW factor to this spacious 5-bedroom, 3.5-bath, 2-story home. Built for Florida living, the home features hurricane-rated windows, hurricane-rated sliders & hurricane tint on select upper windows and the garage. Major exterior improvements include a new tile roof & exterior paint completed in 2019-2020, plus a 2025 chimney replacement with fresh stucco. Inside, fresh 2024-2025 paint creates a crisp backdrop, while a wood-burning fireplace adds warmth and character. The kitchen is equipped with newer smart appliances, including a 2024 refrigerator & dishwasher, while a brand-new 2025 A/C system includes both interior & exterior components. Outdoors, enjoy your own private pool along with irrigation supplied by an artesian well and a new 2024 irrigation/sprinkler pump. A transferable termite bond rounds out an impressive list of upgrades.
Under contract
$850,000
407 Rio Palma S, Melbourne, FL 32903
5beds
3,868sqft
Single Family Residence
Built in 1984
0.31 Acres Lot
$-- Zestimate®
$220/sqft
$43/mo HOA
What's special
Private poolExterior paintWood-burning fireplaceNew tile roofHurricane-rated slidersHurricane-rated windows
- 37 days
- 223
- 5
Zillow last checked:
Listing updated:
Listed by:
Lindsey N. Whitney 321-559-8799,
Compass Florida, LLC
Source: Space Coast AOR,MLS#: 1089106
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Disposal, Electric Range, Refrigerator
- Laundry: Electric Dryer Hookup, Lower Level, Washer Hookup
Features
- Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Vaulted Ceiling(s)
- Flooring: Carpet, Laminate, Tile
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 3,868 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Impact Windows
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Pool
Lot
- Size: 0.31 Acres
- Features: Dead End Street, Sprinklers In Front, Sprinklers In Rear
Details
- Additional parcels included: 2726423
- Parcel number: 2737245500000.00126.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Rio Villa Unit IV
HOA
- Has HOA: Yes
- Amenities included: Management - Full Time
- HOA fee: $515 annually
- HOA name: Rio Villa HOA
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $653,590
- Annual tax amount: $10,935
- Date on market: 10/2/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Contingent | $850,000$220/sqft |
Source: Space Coast AOR #1089106 Report a problem | ||
| 10/2/2026 | Listed for sale | $850,000-8.1%$220/sqft |
Source: Space Coast AOR #1089106 Report a problem | ||
| 2/21/2026 | Listing removed | $925,000$239/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 2/3/2026 | Price change | $925,000-1.1%$239/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 1/21/2026 | Price change | $935,000-0.1%$242/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 12/5/2025 | Price change | $936,000-0.1%$242/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 11/12/2025 | Price change | $937,000-0.1%$242/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 10/31/2025 | Price change | $938,000-0.1%$243/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 10/22/2025 | Listed for sale | $939,000-2.1%$243/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 10/13/2025 | Listing removed | $959,000+2%$248/sqft |
Source:  Stellar MLS #O6330958 Report a problem | ||
| 8/21/2025 | Price change | $940,000-2%$243/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 7/24/2025 | Price change | $959,000-1.6%$248/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 7/15/2025 | Price change | $974,900-2.5%$252/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 6/23/2025 | Price change | $999,500-1.4%$258/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 5/28/2025 | Price change | $1,014,000-0.5%$262/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 4/29/2025 | Price change | $1,019,000-2.9%$263/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 4/15/2025 | Listed for sale | $1,049,000+39.9%$271/sqft |
Source: Space Coast AOR #1041391 Report a problem | ||
| 12/9/2022 | Sold | $750,000-11.8%$194/sqft |
Source: Space Coast AOR #938451 Report a problem | ||
| 10/21/2022 | Contingent | $850,000$220/sqft |
Source: Space Coast AOR #938451 Report a problem | ||
| 8/29/2022 | Price change | $850,000-10.5%$220/sqft |
Source: Space Coast AOR #938451 Report a problem | ||
| 7/9/2022 | Price change | $949,900-17.4%$246/sqft |
Source: Space Coast AOR #938451 Report a problem | ||
| 6/27/2022 | Price change | $1,149,900-4.2%$297/sqft |
Source: Space Coast AOR #938451 Report a problem | ||
| 6/21/2022 | Listed for sale | $1,200,000+127.3%$310/sqft |
Source: Space Coast AOR #938451 Report a problem | ||
| 8/19/2016 | Sold | $528,000-4%$137/sqft |
Source: Space Coast AOR #755577 Report a problem | ||
| 7/10/2016 | Pending sale | $549,900$142/sqft |
Source: Dale Sorensen R.E. Brevard #755577 Report a problem | ||
| 5/27/2016 | Listed for sale | $549,900$142/sqft |
Source: Dale Sorensen R.E. Brevard #755577 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,936 -2.4% | $653,590 -4.5% |
| 2024 | $11,206 -7.2% | $684,350 -0.2% |
| 2023 | $12,078 +40.8% | $685,600 +27.6% |
| 2022 | $8,580 -1.9% | $537,320 +3% |
| 2021 | $8,745 +0.9% | $521,670 +1.4% |
| 2020 | $8,665 -3.9% | $514,470 -0.2% |
| 2019 | $9,017 | $515,680 +1.3% |
| 2018 | $9,017 -0.7% | $509,050 +17.1% |
| 2017 | $9,080 +4.5% | $434,730 +40.1% |
| 2016 | $8,690 +52.2% | $310,370 +0.7% |
| 2015 | $5,711 -0.6% | $308,220 +0.8% |
| 2014 | $5,744 | $305,780 -4.6% |
| 2013 | -- | $320,590 +8.2% |
| 2012 | $5,618 +2.9% | $296,240 -1.9% |
| 2011 | $5,461 +12.1% | $301,930 -15.3% |
| 2010 | $4,871 +11% | $356,660 -9.7% |
| 2009 | $4,387 +2.9% | $394,860 -12.8% |
| 2008 | $4,263 -1.6% | $453,000 -7% |
| 2007 | $4,334 +0.5% | $487,000 -17.4% |
| 2005 | $4,314 -1.9% | $589,550 +35.6% |
| 2004 | $4,396 -1.2% | $434,660 +16.2% |
| 2003 | $4,452 +4.1% | $374,080 +28.7% |
| 2002 | $4,278 +2.6% | $290,740 +7.7% |
| 2001 | $4,172 +5.8% | $269,900 +3.7% |
| 2000 | $3,944 | $260,390 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32903
Nearby schools
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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