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For SaleSale PendingSingle Family Home
$850K
407 Rio Palma S, Indialantic, FL 32903
Indialantic neighborhood
Subdivision: Rio Villa Unit IV
5
Bedrooms
4
Bathrooms
3,868
Sq Ft
1984
Year Built
$220 /sqft

About This Property

Description from listing agent

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.

Space Coast Context

🚀 Launch Viewing — Good Views

30.7 mi from SLC-40

30.7 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop2.8 mi~6 min
L3Harris3.4 mi~8 min
Blue Origin24.6 mi~55 min
Lockheed25.8 mi~57 min
SpaceX25.9 mi~58 min
Boeing/KSC28.1 mi~1h 3m
KSC28.8 mi~1h 4m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 10/2/26
    Listed
    $850K
    $220/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • ✓Same property type, always (single family, condo, townhouse, etc.)
  • ✓Single-story homes compared only to single-story (and multi to multi)
  • ✓Exact bedroom count
  • ✓Bathrooms within ±0.5
  • ✓Garage spaces within ±1
  • ✓Pool status must match
  • ✓Waterfront status must match
  • ✓HOA must match (HOA community vs. no HOA)
  • ✓Price within ±5–20% of list price (tightest in early tiers)
  • ✓Square footage within ±10–25% (tighter in early tiers)
  • ✓Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.31 acres (13,504 sqft)
Full Baths
3
Half Baths
1
Garage
2 car (attached)
Fireplaces
1
HOA Fee
$515/mo
Pool
Yes
Days on Market
9
MLS Area
383 - N Indialantic

Community & HOA

HOA

  • Name: Rio Villa HOA
  • Fee: $515 / annually

Schools

Elementary

Indialantic

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Oct 2, 2026
Parcel #
27-37-24-55-00000.0-0126.00
$850K

Listing Agent (for property info)

L
Lindsey N. Whitney
Compass Florida, LLC
321-559-8799
Call Listing Agent

Estimated Monthly Payment

$5,993/mo
Principal & interest
$4,478
Property taxes
$850
Insurance & HOA
$665

Based on a 6.90% rate, 30-year loan, and $850K price — down payment shown: $170,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1089106

What's Nearby

pharmacies
Walgreens
0.5 mi away
fire stations
Canova Beach Fire / Rescue Station 63
0.7 mi away
schools
Herbert C Hoover Junior High School
1.2 mi away
schools
Holy Name of Jesus Catholic School
1.2 mi away
schools
Indiatlantic Elementary School
1.3 mi away
restaurants
Number One Chinese Restaurant
1.4 mi away
restaurants
Subway
1.4 mi away
grocery
Winn-Dixie
1.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1089106 · Listing Broker: Compass Florida, LLC · 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. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.