398 Rio Palma S is a 2,477 square foot house on a 0.28 acre lot with 4 bedrooms and 3 bathrooms. Based on Redfin's Melbourne data, we estimate the home's value is $709,746.
Single-familyProperty Type
1987Year Built
0.28 acresLot Size
$287Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$709,746
$26K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 15.9% lower than the average sale price ($844K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$4,247 (+5.7%)
2024
$4,020 (+2.3%)
2023
$3,930 (+6.2%)
2022
$3,701 (−1.5%)
2021
$3,756 (+1.0%)
2020
$3,718 (−1.0%)
2019
$3,753 (+0.1%)
2018
$3,748 (−0.3%)
2017
$3,759 (−2.8%)
2016
$3,868 (−2.0%)
2015
$3,946 (−0.1%)
2014
$3,950
Tax history for 398 Rio Palma S
Year
Property tax
Land + Additions
Assessment*
2025
$4,247 (+5.7%)
2024
$4,020 (+2.3%)
2023
$3,930 (+6.2%)
2022
$3,701 (−1.5%)
2021
$3,756 (+1.0%)
2020
$3,718 (−1.0%)
2019
$3,753 (+0.1%)
2018
$3,748 (−0.3%)
2017
$3,759 (−2.8%)
2016
$3,868 (−2.0%)
2015
$3,946 (−0.1%)
2014
$3,950
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R1AAA
Single-family Low Density Residential District
The provisions of these districts are intended to apply to an area of Single-family residential development. Lot sizes and other restrictions are intended to protect and promote high quality residential development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Property details
Interior
Bathroom Information
# of Bathroom Fixtures: 11
Heating & Cooling
Air Conditioning Type: Dual Unit
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Foundation Type: Slab
Construction Type: Wood/Steel
Building Construction Quality: Good
Exterior Wall: Plywood
Roof Covering Type: Cement Tile
Roof Framing Type: Wood
Roof Shape Type: Gable/Hip
Building Type: Single Family
Pool Information
Has Pool
Property Information
Subdivision Name: RIO VILLA UNIT 04
Living Sq. Ft: 2,477
Adjusted Gross Sq. Ft: 2,789
Ground Floor Sq. Ft: 1,919
Building Sq. Ft: 2,945
# of Units: 1
# of Stories: 2
Stories Type: 2
Legal Description: RIO VILLA UNIT IV LOT 133
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 420
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 12,197
Legal Lot Number: 133
Municipality Name: MELBOURNE
Acres: 0.28
Depth Footage: 112
Front Footage: 109
Zoning Code: R1AAA
County Use Description: SINGLE FAMILY
State Use Description: SINGLE FAMILY
Utility Information
Electricity / Wiring Type: Average Wiring
Financial
Assessor Information
Assessment Year: 2025
Tax Area: MELBOURNE
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,477
Stories: 2.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: 2005
County: Brevard County
APN: 27 3724-55-*-133
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Indialantic Elementary School
Public PreK-6 • Assigned • 1.3mi
10/10
Herbert C. Hoover Middle School
Public 7-8 • Assigned • 1.2mi
7/10
Melbourne Senior High School
Public 9-12 • Assigned • 3.0mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 104° expected this year, 22 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Melbourne, FL • 32903
Average low and high temperatures (°F)
69
52
73
58
78
63
81
69
86
75
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90
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90
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87
76
83
73
78
64
75
60
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
8.8 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$675,000 – $817,000
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