For sale Condo

Listed Oct 29, 2026

$749,000 Est. $4,954/mo

1208 East River Drive #401

  • 2

    Beds

  • 2

    Baths

  • 1,898

    Sq ft

The story

  • Waterfront

Virtually Staged. Boater's Dream! Tremendous views & first-class waterfront lifestyle in Downtown Melbourne steps away from dining, shopping & entertainment. 3 minutes to beach & airport. Next to the Melbourne Yacht Club. Home boasts Intracoastal & Marina Views w/ TWO DEEDED BOAT SLIPS! Use One, rent the other or rent both. Only complex offering boat slips w/ ownership, a huge VALUE for boaters! Completely remodeled, light-filled floor plan w/ gorgeous modern kitchen & wood-burning stone fireplace. Oversized primary suite w/ luxe bath, ensuite laundry & private slider to expansive terrace. Includes private 1-car garage, open parking, 2 terraces + storage unit. Captain's Cove is gated,10 unit, nautically inspired architectural masterpiece, set on a weather protected Harbour. New Roof, A/C, & Elevator. Unit require no add'l investment. It doesn't get any better than this. Call Garat or Amy May for an exclusive showing today! Flexible Purchase Opportunity | Seller Financing Available. Ask for details.

Facts & features

Home type

Condo

Year built

1984

Floors

1

Price per sq ft

$395

Included features

  • Fireplace

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator

  • Flooring

    Bamboo, Wood

  • Roof

    Membrane

  • Lot Information

    Near Marina

  • Exterior

    Balcony, Storage

  • Water Source

    Private

  • Sewer

    Public Sewer

  • View

    Water, City

Mortgage calculator

Estimated monthly payment

$4,954 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,986
  • Property tax $749
  • Insurance $218

Includes principal, interest, taxes & insurance.

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Listing Broker

ENGEL & VOLKERS NEW SMYRNA

Broker Name

ENGEL & VOLKERS NEW SMYRNA

Agent

Garat Oates