The median sale was $735,500 and six of six came with a pool

RIVER SHORES EAST

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.

2,216 to 3,263 sq ft
Home Size
$735,500
Median Sold Price
$350
Association Dues
6 of 6
Pool Homes
What River Shores East actually is

River Shores East In Indialantic, Florida

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.

The numbers, in one place

River Shores East At A Glance

Every figure below comes from the last twelve months of Indialantic market data for this neighborhood. Nothing here is an estimate.

DetailWhat you get
Housing type6 single-family homes, mostly one story
Home size rangeRoughly 2,216 to 3,263 square feet, median about 2,501
Bedrooms and bathsfour to five bedrooms, two to four baths
Lot size0.27 to 0.42 acres, median about 0.34
Year built1978 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 footAbout $285 median
HOA dues$350 median a month, reported on 6 of 6 listings
WaterfrontNone of the six recent listings reported water frontage
Private pools6 of 6
Garage6 of 6 listings reported a garage
Property taxAbout $3,362 median annual, ranging widely with assessment history
Days on market65 days median, at about 94 percent of original asking price
LocationIndialantic, 32903
Where the money goes

River Shores East Costs, Honestly

The line items that decide what this actually costs you, beyond the purchase price.

Insurance And Flood

Get the quote first

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.

What The Fee Actually Covers

$350 a month median

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.

The Tax Bill Resets

About $3,362 median today

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.

Real Negotiating Room

About 94 percent of original list

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.

What you are actually buying

River Shores East Features

Association On Record

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.

Pools Are Standard

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.

Mostly Single Story

5 of the 6 listings reporting stories were one level, typical of when this was platted.

Original Era Housing

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.

Garages Are Common

6 of the 6 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.

See what is actually available

Homes For Sale Near River Shores 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.

Straight answers

River Shores East Frequently Asked Questions

What do homes sell for in River Shores East?

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.

Does River Shores East have an HOA?

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.

How far is River Shores East 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 River Shores East?

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 River Shores East?

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.

What are property taxes like in River Shores East?

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.

What is the buying process like in River Shores East?

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.

Where River Shores East sits

Indialantic, 32903

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.

IndialanticPool HomesSingle Family32903$700K Plus
Talk to a local

Considering River Shores East?

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.