Living in Florida's Space Coast
Riverwood at Everlands
Riverwood is the all ages village inside Lennar's Everlands plan, off Pace Drive and the St Johns Heritage Parkway in northwest Palm Bay. It is still delivering. Houses date from 2024 forward, 1,611 to 2,901 square feet, on tenth to quarter acre lots behind a gate. Dues run $240 to $265 a month. The streets are named for colors and pigments.
Riverwood at Everlands In Palm Bay, Florida
Everlands is Lennar's master planned community on the northwest edge of Palm Bay, more than two thousand acres along the St Johns Heritage Parkway corridor. Everlands Master Association, Inc. was registered with the Florida Division of Corporations in 2021. Riverwood is the all ages village within it, distinct from the age restricted Timbers next door, and it has been one of the busiest new home addresses in Brevard County since it opened.
Lennar sells Riverwood in two collections, which is the most useful thing to know before you tour. The Shoals Collection is the smaller and less expensive of the two, with plans like the Annapolis at 1,449 square feet and the Boston at 2,218. The Angler Collection sits above it, running from the Camelia at 1,611 square feet up to the Raleigh at 2,901. Both sit behind the same gate on the same streets.
The street naming is genuinely unusual for Palm Bay. Croft Inlet Drive carries the largest share of the houses, then Marigold Trail, Majorelle Drive, Fuchsia Place, Pantone Way and Echelon Point Way. Marigold, majorelle, fuchsia and Pantone are all color and pigment references, which makes Riverwood one of the few plats in the county organized around a palette rather than trees, birds or Spanish place names.
Water shows up more as a view than as frontage. A large majority of the homes look out over a pond or a lake, while a smaller number carry actual designated water frontage, and the difference matters when you are paying a lot premium. Assessments run $240 to $265 a month and fund the gate, the community pool and cabana, and common area grounds maintenance, with off site management under the master association.
The numbers are the strongest argument. Around $165 a square foot, Riverwood is the least expensive space per foot of any new construction pocket in this part of Palm Bay, and houses move in about a month, faster than anything nearby. Two things to plan for. Tax bills on brand new houses reflect partial value and will rise. And the parkway serving all of this is still two lanes.
Riverwood at Everlands At A Glance
Riverwood at Everlands, the working numbers.
| Detail | What you get |
|---|---|
| Detail | Value |
| Location | Off Pace Drive NW and Castleberry Lane from the St Johns Heritage Parkway, Palm Bay 32907 |
| Built | 2024 to present, about 2025 typical |
| Builder | Lennar, in the Shoals and Angler collections |
| Home size | 1,611 to 2,901 square feet, about 2,409 typical |
| Bedrooms | Three to six, with two to four baths |
| Levels | Roughly two thirds are two story |
| Lot size | 0.11 to 0.24 of an acre, about 0.14 typical |
| Construction | Concrete block and stucco, shingle roofs, impact windows on some houses |
| Association | Mandatory. $240 to $265 per month, Riverwood at Everlands Homeowners Association, under Everlands Master Association, Inc., registered 2021 |
| Gated | Yes, controlled entry |
| Amenities | Community pool with cabana, common area grounds maintenance, master plan trails and lakes |
| Water | Pond or lake views on a large majority, designated frontage on fewer |
| Garage | Two car |
| Utilities | City water and public sewer |
| Price range | $345,000 to $492,000, typical $400,000 |
| Price per square foot | Around $165, the lowest in the corridor |
| Streets | Croft Inlet Drive, Marigold Trail, Majorelle Drive, Fuchsia Place, Pantone Way, Echelon Point Way |
Riverwood at Everlands Details
The Cheapest New Square Foot Around
Roughly $165 a foot is the low mark for new construction in northwest Palm Bay, and it is achieved with volume rather than by cutting size. If your budget is fixed and your square footage requirement is not, this is where the search usually starts.
Two Collections, One Gate
The Shoals Collection and the Angler Collection sit side by side on the same streets at different price points. That is efficient for a builder and confusing for a buyer, because two houses across the street from each other can come from different product lines with different standard features.
A Street Grid Named For Pigments
Marigold, Majorelle, Fuchsia and Pantone are color references, and Croft Inlet and Echelon Point round out the plat. It is a small thing, but it makes the neighborhood easy to remember and easy to describe, which matters more for resale than people expect.
Views Are Not The Same As Frontage
Most of these houses look at water. Fewer of them actually own frontage on it. Ask which category a specific homesite falls into before you accept a lot premium, because the two get described interchangeably and they do not resell the same way.
Fast Turnover, For Now
Homes here average about a month on market, the quickest pace in the corridor. That is partly price and partly demand, but it is also partly a builder still delivering. When the last phase closes out, resale competition changes character. Do not assume today's velocity is permanent.
One Two Lane Road
The St Johns Heritage Parkway serving Everlands is a three mile two lane segment carrying several subdivisions worth of new traffic. A four lane widening exists in the design stage without construction funding. Drive it at rush hour before you commit, not at midday.
Homes For Sale In Riverwood at Everlands
Everything currently available in Riverwood at Everlands is below, builder inventory and resale together. The two can sit side by side at very different prices, and the difference is usually options and lot rather than the house.
Riverwood at Everlands Frequently Asked Questions
Who builds Riverwood at Everlands?
Lennar, which is also the master developer of Everlands itself. The village is offered in two collections, the Shoals and the Angler, with the welcome center on Marigold Trail NW. Plans range from the Annapolis at 1,449 square feet to the Raleigh at 2,901.
Is Riverwood age restricted?
No. Riverwood is the all ages village at Everlands. The Timbers at Everlands, immediately adjacent, is the age restricted community with its own clubhouse campus and its own collections.
What do the dues cover?
Monthly assessments of $240 to $265 fund the gate, the community pool and cabana, common area grounds maintenance and the association's share of the master plan. Management is off site. Ask for the current budget and the reserve position rather than working from the fee alone.
Do many homes have water?
Most look out over a pond or lake. Designated water frontage applies to a smaller group. Lot premiums are charged for both, so ask specifically which one you are paying for and what the rear setback and easement look like on that homesite.
Why is the price per square foot so low here?
Volume and efficiency. Lennar is building at scale on compact lots with a repeating plan set, and two thirds of the square footage is stacked on a second floor, which is cheaper to build than spreading it across a slab. That is how you get to roughly $165 a foot on 2025 construction.
Will my taxes go up after closing?
Almost certainly. A house completed in the last year or two is often assessed at land or partial improvement value for its first cycle. Get an estimate based on your purchase price and file for homestead exemption if it applies.
How is the drive out of Everlands?
You use the St Johns Heritage Parkway to reach US 192 and Malabar Road, which connect to I-95 at exits 180, 176 and 173. The parkway through this stretch is two lanes. A widening is designed but not funded for construction, and the corridor keeps adding houses.
Should I buy builder inventory or a resale?
It depends on what you value. Builder inventory comes with full warranty and a fixed spec. A two year old resale often includes fencing, gutters, window coverings, landscaping and a screened lanai that would cost real money to add. Price both before you choose.
Croft Inlet Drive, Palm Bay 32907
Riverwood sits at the northwest corner of Palm Bay, on the St Johns Heritage Parkway corridor rather than in the older Port Malabar grid. From I-95 take exit 180 to US 192 west, then south on the parkway and right onto Pace Drive NW, or come in from Castleberry Lane depending on the phase. Marigold Trail and Croft Inlet Drive carry you through the middle of the village.
The position is convenient to highways and thin on immediate retail. Palm Bay Road shopping is about ten minutes east, Melbourne Orlando International Airport twenty to twenty five minutes, and the Atlantic beaches roughly half an hour across a causeway, because Palm Bay is inland. Everything you do leaves by the same parkway, which is the honest cost of buying on the leading edge of a two thousand acre master plan.
Near Riverwood at Everlands In Merritt Island
Considering Riverwood at Everlands?
The Shoals and the Angler look similar from the street and price out very differently once you total the options and the lot premium. My partner Nichole and I walk Everlands regularly, know which homesites actually front water, and can tell you when a resale beats a builder incentive. Call or text (321) 212-7676.
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