Living in Florida's Space Coast
RIVERS EDGE
Rivers Edge is the single-family neighborhood in Melbourne Beach where $900,000 was the median across eleven closed sales in the last twelve months, the association runs about $120 a month, and eleven of eleven had a private pool. Built 1977 to 1999.
Rivers Edge In Melbourne Beach, Florida
Rivers Edge sits in Melbourne Beach, in the 32951 zip code, on Marlin, Amberjack, Pompano and Sea Horse. Over the last twelve months eleven of the eleven properties I tracked here actually closed, at a $900,000 median.
The housing stock is 11 single-family homes, built 1977 to 1999. The size range runs 1,807 to 3,811 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 95 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 $120 a month across 11 of the 11 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.
Rivers Edge At A Glance
Every figure below comes from the last twelve months of Melbourne Beach market data for this neighborhood. Nothing here is an estimate.
| Detail | What you get |
|---|---|
| Housing type | 11 single-family homes |
| Home size range | Roughly 1,807 to 3,811 square feet, median about 2,497 |
| Bedrooms and baths | three to six bedrooms, two to five baths |
| Lot size | 0.29 to 0.37 acres, median about 0.31 |
| Year built | 1977 to 1999, median 1979 |
| Median sold price | $900,000 over the last twelve months |
| Sold price range | $665,000 to $1,180,000 |
| Price per square foot | About $360 median |
| HOA dues | $120 median a month, reported on 11 of 11 listings |
| Waterfront | None of the eleven recent listings reported water frontage |
| Private pools | 11 of 11 |
| Garage | 11 of 11 listings reported a garage |
| Property tax | About $5,525 median annual, ranging widely with assessment history |
| Days on market | 31 days median, at about 95 percent of original asking price |
| Location | Melbourne Beach, 32951 |
Rivers Edge 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
$120 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 $5,525 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 95 percent of original listA 31 day median with closings near 95 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.
Rivers Edge Features
Association On Record
A median of $120 a month across 11 of the 11 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Pools Are Standard
11 of the last 11 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.
Original Era Housing
Median year built is 1979. 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
11 of the 11 listings reported a garage, which on the beachside is less common than buyers expect.
Minutes To The Ocean
The ocean is east and the river west, with A1A running the length of the island south toward Sebastian Inlet and north to the Melbourne Causeway.
Normal Market Time
Median days on market was 31. Nothing about the pace here forces a rushed decision.
Homes For Sale Near Rivers Edge
Nothing is listed inside Rivers Edge at this moment, which happens in a neighborhood this size. Below is every active Melbourne Beach listing between $550,000 and $1,450,000, the band Rivers Edge actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.
Rivers Edge Frequently Asked Questions
What do homes sell for in Rivers Edge?
The median closed price over the last twelve months was $900,000 across eleven sales, ranging $665,000 to $1,180,000. Median price per square foot was $360.
Does Rivers Edge have an HOA?
Yes. The median reported association fee is $120 a month, on 11 of the 11 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 Rivers Edge from the beach?
Melbourne Beach 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 Rivers Edge?
Sellers closed at about 95 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 Rivers Edge?
Yes. 11 of the 11 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 Rivers Edge?
The median bill on record is about $5,525, 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 Rivers Edge?
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.
Melbourne Beach, 32951
Rivers Edge sits in Melbourne Beach, in the 32951 zip code, on Marlin, Amberjack, Pompano and Sea Horse. The town runs south along A1A from the Melbourne Causeway toward Sebastian Inlet, and the further south you go the thinner and quieter the island gets.
That geography is the whole story on price down here. A Melbourne Beach address can mean a 1950s cottage two blocks from the pier or a gated riverfront community fifteen minutes south. Those are different markets that happen to share a post office.
Near Rivers Edge In Melbourne Beach
Considering Rivers Edge?
If Rivers Edge is on your list, my partner Nichole and I are the agents to call. We work Melbourne Beach 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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