Living in Florida's Space Coast
RIO VILLA
Rio Villa is the single-family neighborhood in Indialantic where $800,000 was the median across 21 closed sales in the last twelve months, the association runs about $515 a month, and 22 of 26 had a private pool. Built 1978 to 2022.
Rio Villa In Indialantic, Florida
Rio Villa sits in Indialantic, in the 32903 zip code, on Veracruz, Rio Casa, Rio Villa and Rio Palma. Over the last twelve months 21 of the 26 properties I tracked here actually closed, at a $800,000 median.
The housing stock is 26 single-family homes, built 1978 to 2022. The size range runs 1,981 to 4,593 square feet, which is wide enough that the neighborhood median tells you very little about any one property. Price it off the comparable sales on that street, not the plat.
Sellers closed at about 94 percent of original list, a normal working spread for beachside Brevard. The room that exists shows up on properties that have already cut once.
The association reports at about $515 a month across 25 of the 26 listings. At that level what the fee covers and whether the reserves are funded matters more to your real monthly cost than the purchase price does.
Rio Villa At A Glance
Every figure below comes from the last twelve months of Indialantic market data for this neighborhood. Nothing here is an estimate.
| Detail | What you get |
|---|---|
| Housing type | 26 single-family homes, mostly one story |
| Home size range | Roughly 1,981 to 4,593 square feet, median about 2,750 |
| Bedrooms and baths | three to seven bedrooms, two to four baths |
| Lot size | 0.24 to 0.45 acres, median about 0.31 |
| Year built | 1978 to 2022, median 1990 |
| Median sold price | $800,000 over the last twelve months |
| Sold price range | $610,000 to $989,900 |
| Price per square foot | About $292 median |
| HOA dues | $515 median a month, reported on 25 of 26 listings |
| Waterfront | None of the 26 recent listings reported water frontage |
| Private pools | 22 of 26 |
| Garage | 26 of 26 listings reported a garage |
| Property tax | About $6,296 median annual, ranging widely with assessment history |
| Days on market | 48 days median, at about 94 percent of original asking price |
| Location | Indialantic, 32903 |
Rio Villa Costs, Honestly
The line items that decide what this actually costs you, beyond the purchase price.
Insurance And Flood
Get the quote firstEvery address on this island is underwritten on its own elevation certificate, roof age and opening protection. Two properties on the same street can be thousands apart a year. I get you a real quote inside the inspection period, before the payment you are picturing becomes the payment you are stuck with.
What The Fee Actually Covers
$515 a month medianA fee is not good or bad on its own. What matters is the budget behind it, whether the reserves are funded, and what has been special assessed in the last three years. I read the budget, the reserve study and two years of minutes before you go under contract.
The Tax Bill Resets
About $6,296 median todayThat is what the current owners pay, not what you will. Florida caps annual assessment increases for homesteaded owners and the cap resets on sale, so on a property somebody has held fifteen years your first bill can land materially higher. I run the reset number before you write.
Real Negotiating Room
About 94 percent of original listA 48 day median with closings near 94 percent of the original asking price. That is a narrow gap, so the win here comes from being ready to move rather than from grinding the price.
Rio Villa Features
Association On Record
A median of $515 a month across 25 of the 26 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Pools Are Standard
22 of the last 26 had a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than they do inland, so those get inspected separately from the house.
Mostly Single Story
20 of the 26 listings reporting stories were one level, typical of when this was platted.
Original Era Housing
Median year built is 1990. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.
Garages Are Common
26 of the 26 listings reported a garage, which on the beachside is less common than buyers expect.
Minutes To The Ocean
The Melbourne Causeway lands right here, so downtown Melbourne is five minutes west and the sand is two minutes east.
Homes For Sale In Rio Villa
Every active Rio Villa listing, straight from the MLS and updated as it changes.
Rio Villa Frequently Asked Questions
What do homes sell for in Rio Villa?
The median closed price over the last twelve months was $800,000 across 21 sales, ranging $610,000 to $989,900. Median price per square foot was $292.
Does Rio Villa have an HOA?
Yes. The median reported association fee is $515 a month, on 25 of the 26 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
How far is Rio Villa from the beach?
Indialantic is a barrier island city, so the Atlantic is a short walk or a two minute drive from anywhere in the neighborhood. None of these properties carry water frontage on record, which is part of why the pricing sits where it does.
Can you negotiate on price in Rio Villa?
Sellers closed at about 94 percent of original list over the last year. There is some room, and it tends to show up on properties that have already had a price cut. I price the offer off the specific comparable sales, not the neighborhood average.
Are there pool homes in Rio Villa?
Yes. 22 of the 26 properties have a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than inland, so I have those inspected separately from the structure.
What are property taxes like in Rio Villa?
The median bill on record is about $6,296, but that is what the current owners pay. Florida caps annual assessment increases for homesteaded owners and the cap resets when the property sells, so your first bill can be materially higher. I run the reset number before you write an offer.
What is the buying process like in Rio Villa?
I pull the closed comparable sales for the specific street, get a real wind and flood quote inside the inspection period, run the tax reset so the monthly payment you are picturing is the one you will actually have, and read whatever association or deed documents apply. Then we write. Call me at (321) 212-7676.
Indialantic, 32903
Rio Villa sits in Indialantic, in the 32903 zip code, on Veracruz, Rio Casa, Rio Villa and Rio Palma. The Melbourne Causeway lands here, so downtown Melbourne is five minutes west and the sand is two minutes east.
The town is small and layered. Oceanfront towers line A1A, 1950s and 1960s platted streets sit behind them, and pockets of larger homes with deep water sit on the river side. Those three markets are within a few blocks of each other and price nothing alike.
Near Rio Villa In Indialantic
Considering Rio Villa?
If Rio Villa is on your list, my partner Nichole and I are the agents to call. We work Indialantic every week, we know these streets, and we will tell you straight whether a property is priced right. Reach out anytime at (321) 212-7676.
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