River Shores East is the single-family neighborhood in Indialantic where $735,500 was the median across six closed sales in the last twelve months, the association runs about $350 a month, and six of six had a private pool. Built 1978 to 1984.
River Shores East sits in Indialantic, in the 32903 zip code, on Solitaire Palm, Spindle Palm and Roystonia Palm. Over the last twelve months six of the six properties I tracked here actually closed, at a $735,500 median.
The housing stock is 6 single-family homes, built 1978 to 1984. Sizes are consistent enough that the comparable sales here read cleanly.
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 $350 a month across 6 of the 6 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.
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 | 6 single-family homes, mostly one story |
| Home size range | Roughly 2,216 to 3,263 square feet, median about 2,501 |
| Bedrooms and baths | four to five bedrooms, two to four baths |
| Lot size | 0.27 to 0.42 acres, median about 0.34 |
| Year built | 1978 to 1984, median 1978 |
| Median sold price | $735,500 over the last twelve months |
| Sold price range | $585,000 to $925,000 |
| Price per square foot | About $285 median |
| HOA dues | $350 median a month, reported on 6 of 6 listings |
| Waterfront | None of the six recent listings reported water frontage |
| Private pools | 6 of 6 |
| Garage | 6 of 6 listings reported a garage |
| Property tax | About $3,362 median annual, ranging widely with assessment history |
| Days on market | 65 days median, at about 94 percent of original asking price |
| Location | Indialantic, 32903 |
The line items that decide what this actually costs you, beyond the purchase price.
Every 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.
A 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.
That 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.
A 65 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.
A median of $350 a month across 6 of the 6 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
6 of the last 6 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.
5 of the 6 listings reporting stories were one level, typical of when this was platted.
Median year built is 1978. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.
6 of the 6 listings reported a garage, which on the beachside is less common than buyers expect.
The Melbourne Causeway lands right here, so downtown Melbourne is five minutes west and the sand is two minutes east.
Nothing is listed inside River Shores East at this moment, which happens in a neighborhood this size. Below is every active Indialantic listing between $450,000 and $1,175,000, the band River Shores East actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.
The median closed price over the last twelve months was $735,500 across six sales, ranging $585,000 to $925,000. Median price per square foot was $285.
Yes. The median reported association fee is $350 a month, on 6 of the 6 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
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.
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.
Yes. 6 of the 6 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.
The median bill on record is about $3,362, 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.
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.
River Shores East sits in Indialantic, in the 32903 zip code, on Solitaire Palm, Spindle Palm and Roystonia Palm. 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.
If River Shores East 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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