Living in Florida's Space Coast
The Lakes at Indian River Preserve
The Lakes at Indian River Preserve is a small, newer pocket inside the larger Indian River Preserve golf community off State Road 46. Everything here is reached from Indian River Parkway, out toward Falcon Lane. The product is uniform: four bedrooms, two baths, a two car garage and roughly 1,830 to 1,920 square feet on a sixth of an acre.
The Lakes at Indian River Preserve In Mims, Florida
This is a recorded plat of its own, The Lakes at Indian River Preserve, sitting inside the master Indian River Preserve community that wraps the golf course north of State Road 46. You come off I-95 exit 223, head east, turn into Indian River Preserve and follow Indian River Parkway around toward Falcon Lane. It is the smallest identifiable neighborhood in Mims and the least expensive one, with a typical price around $381,000.
The homes are recent and consistent. Build years run 2021 to 2024, floor plans are ranch style with an open island kitchen feeding a great room and casual dining area, and the configuration is four bedrooms, two baths and a two car garage across the board. Square footage lands between 1,828 and 1,918. Construction is block and stucco with concrete and shingle roofs, and most are single story.
Lots are small, 0.15 to 0.18 acres, which is a deliberate trade. In exchange you get public water and public sewer, which almost nothing else in Mims offers, plus grounds maintenance handled by the association, a jogging path and access to the community clubhouse and restaurant. At least one lot backs the golf course. If you want land in north Brevard, this is not that. If you want a low maintenance new house here, it is the clearest option.
Two different assessment structures show up in this pocket: a quarterly figure around $125 and a monthly figure around $72, with Spacecoast Property Management appearing as the off site manager. That is not a contradiction so much as a layered structure, with a master community assessment and a separate neighborhood charge covering grounds maintenance. Get both numbers in writing for the specific address before you build your monthly budget.
One more thing to watch. Annual tax figures in this neighborhood have run anywhere from a few hundred dollars to roughly $4,500, and that spread is the ordinary result of new construction. Until the finished house is on the assessment roll, the bill reflects something closer to a vacant lot. Ask for a projected figure at full assessed value rather than working from the current one.
The Lakes at Indian River Preserve At A Glance
A small, uniform neighborhood, which makes the numbers unusually clean.
| Detail | What you get |
|---|---|
| Detail | Value |
| Location | Off Indian River Parkway inside Indian River Preserve, north of State Road 46, Mims 32754 |
| Plat of record | The Lakes at Indian River Preserve |
| Built | 2021 to 2024 |
| Home size | 1,828 to 1,918 square feet |
| Bedrooms | Four, with two baths |
| Lot size | 0.15 to 0.18 acres |
| Construction | Block and stucco with concrete and shingle roofs, mostly single story ranch |
| Association | Mandatory and layered. A community assessment around $125 per quarter plus a neighborhood charge around $72 per month, managed off site by Spacecoast Property Management |
| Association covers | Grounds maintenance and common area upkeep, with a jogging path in the community |
| Golf | Part of the Indian River Preserve golf community, with at least one lot on the course |
| Utilities | Public water and public sewer |
| Garage | Two car |
| Price range | $349,900 to $400,000, typical $381,000 |
| Price per square foot | Around $208 |
The Lakes at Indian River Preserve Details
The Least Expensive Address In Mims
A typical price near $381,000 and a floor around $349,900 make this the lowest entry point of any Mims neighborhood covered here. You are buying a recent, modest sized house on a small lot rather than acreage, and that is exactly why the number works.
Uniform Product, Easy Comparison
Four bedrooms, two baths, two car garage, roughly 1,830 to 1,920 square feet, built between 2021 and 2024. When every house is close to the same, valuing one against another is straightforward, and that is genuinely useful when you are negotiating.
Public Water And Sewer
No well, no septic tank, no drain field. Almost every other address in Mims runs both, so if the rural utility profile is what has been holding you back from north Brevard, this pocket and the wider Indian River Preserve are the answer.
Two Assessments, Not One
A quarterly community figure near $125 and a monthly neighborhood figure near $72 both appear here, with off site management by Spacecoast Property Management. Confirm which apply to your exact address, because assuming only the quarterly number understates your carrying cost.
Grounds Maintenance Included
The neighborhood assessment covers common ground upkeep, and a jogging path runs through the community. On a sixth of an acre with maintained common areas, the weekend work list here is short compared to anything else in Mims.
The First Tax Bill Will Mislead You
Annual figures in this neighborhood have ranged from a few hundred dollars to around $4,500, purely because new construction takes time to reach the assessment roll at full value. Ask for a projection at completed value before you set your monthly payment expectation.
Homes For Sale In The Lakes at Indian River Preserve
Current availability in The Lakes at Indian River Preserve is below. This is a very small neighborhood, so listings are occasional, and some of what appears may be builder inventory within the wider community.
The Lakes at Indian River Preserve Frequently Asked Questions
Is this the same as Indian River Preserve?
It is a separate recorded plat inside the larger Indian River Preserve community. You share the golf course, the clubhouse and the road network, but The Lakes has its own plat name and its own neighborhood assessment on top of the wider community charge.
What are the HOA fees?
Two figures appear here: roughly $125 per quarter for the community and roughly $72 per month at the neighborhood level, with Spacecoast Property Management acting as off site manager. Ask for a written statement of every assessment tied to the specific address before you close.
Is it on well and septic?
No. Public water and public sewer serve these homes, which is rare in Mims and is one of the main reasons buyers choose this side of the area. There is no drain field to inspect and no well pump to replace.
How big are the lots?
Between 0.15 and 0.18 acres. These are subdivision lots, deliberately small, with maintained common ground making up the difference. If acreage is what brought you to Mims, look at Indian River Park, Fontaine Grant or Quail Haven instead.
What do the houses look like?
Ranch style single story plans with an open island kitchen flowing into a great room and casual dining area, four bedrooms, two baths and a two car garage. Secondary bedrooms are built with oversized closets. Sizes run 1,828 to 1,918 square feet.
Is there golf access?
The neighborhood sits within the Indian River Preserve golf community, and at least one lot fronts the course. The 18 hole layout opened in 2003 and operates with a clubhouse and restaurant. Playing arrangements are separate from ownership, so ask the club directly about current options.
Why are the tax figures so inconsistent?
New construction. Until the finished home is assessed, the bill can look like a fraction of what it eventually becomes. A range from a few hundred dollars to about $4,500 in one small neighborhood is the assessment cycle at work, not a difference between the houses.
How quickly do homes here sell?
Around 21 days is typical, faster than most of Mims. Newer, uniform, low maintenance houses at the bottom of the local price range tend to move, and the small size of the neighborhood keeps supply thin.
Indian River Parkway, Mims 32754
The neighborhood sits inside Indian River Preserve on the north side of State Road 46, immediately east of I-95 exit 223, in unincorporated Brevard County. Indian River Parkway is the way in and out, running north from 46 past the traffic circle, with Falcon Lane serving this section. The golf course threads through the surrounding community, and Salt Lake Wildlife Management Area lies south across State Road 46.
The interchange location is the practical benefit. I-95 is right there, State Road 46 runs west toward Sanford and the Orlando side in roughly an hour, and US 1 and Titusville services are about fifteen minutes south. Kennedy Space Center is close enough to watch launches, and Playalinda Beach at Canaveral National Seashore is under an hour east. Mims itself is inland, not on the ocean.
Near The Lakes at Indian River Preserve In Merritt Island
Considering The Lakes at Indian River Preserve?
Two things decide whether this neighborhood works for your budget: the full assessment picture and the tax bill once the house is assessed at completed value. Neither one shows up cleanly on a listing page. My partner Nichole and I will get you both numbers in writing before you make an offer. Call or text (321) 212-7676.
