Living in Florida's Space Coast
SOMERSET RIVERFRONT
Somerset Riverfront is the gated condominium on Washington Avenue where every unit sits on the Indian River directly across from the Kennedy Space Center pads, the units run past 3,000 square feet, and buyers have had real negotiating room.
Somerset Riverfront In Titusville, Florida
Somerset Riverfront is a gated condominium built in 2006 and 2007 on Washington Avenue in Titusville, in the 32780 zip code. All nine units that came to market in the last twelve months were waterfront on the Indian River. There is no non-water inventory here.
The building sits directly across the water from the Kennedy Space Center launch pads. Listings here describe corner units with unobstructed east views, fifth level aerial sight lines to the pad, sunrises over the river and osprey working the shallows. On a launch day this is one of the best seats on the Space Coast.
Units run 2,415 to 3,023 square feet with three bedrooms and three to four baths, at about $259 per square foot. The community has a private pool, a community dock and elevator access behind a gate. Median annual taxes run about $7,850, reaching $11,430 at the top of the building.
The market here is the slowest in Titusville. A 122 day median on market, and closings at about 83 percent of the original asking price. That is the single widest gap between asking and closing anywhere in the city. Sellers here start optimistic. A buyer with patience and current comparables has more leverage at Somerset than almost anywhere else on the Space Coast.
Somerset Riverfront At A Glance
From the last twelve months of activity at Somerset Riverfront.
| Detail | What you get |
|---|---|
| Housing type | Gated riverfront condominium |
| Unit size range | Roughly 2,415 to 3,023 square feet |
| Bedrooms and baths | 3 bedrooms, 3 to 4 baths |
| Year built | 2006 to 2007 |
| Median sold price | $745,000 over the last twelve months |
| Sold price range | $615,000 to $850,000 |
| Price per square foot | About $259 median |
| Condo fee | $725 to $837 monthly, through Somerset Riverfront Condominium Association |
| Property tax | About $7,850 median annual, up to $11,430 |
| Amenities | Private pool, community dock, elevator, gated entry |
| Waterfront | All nine recent listings were waterfront on the Indian River |
| Days on market | 122 days median, at about 83 percent of original asking price |
| Location | Washington Avenue, Titusville, 32780 |
Somerset Riverfront Costs, Honestly
The fee is reasonable for the waterfront. The tax bill and the negotiation are the two things people miss.
Monthly Condo Fee
$725 to $837 a monthThrough Somerset Riverfront Condominium Association. One listing described it as among the lowest monthly fees for a riverfront association in the area, which the numbers support. We still review the budget and reserves before you commit.
The Tax Bill
$7,850 median, up to $11,430This is the second highest median property tax of any Titusville neighborhood. Waterfront square footage gets assessed accordingly. Run the real number before you set a budget.
The Most Negotiable Address In Town
About 83 percent of original listA 122 day median and closings at 83 percent of asking. No other Titusville neighborhood comes close. A patient buyer with comparables in hand is in a strong position here.
Somerset Riverfront Features
Direct Launch Pad Views
The building faces the Kennedy Space Center pads across the Indian River. Corner and upper units get unobstructed east sight lines.
Community Dock
A private community dock on the river, which very few Titusville condominiums offer.
Gated Entry
The complex is gated, with a private pool inside for owners.
Large Three Bedroom Units
Every unit is three bedrooms, from 2,415 to 3,023 square feet, with three to four baths.
Every Unit On The Water
All nine recent listings were waterfront. There is no interior tier to avoid.
Elevator Access
Elevator service throughout, with fifth level units carrying the best sight lines.
Condos For Sale In Somerset Riverfront
Live MLS listings filtered to Somerset Riverfront. Units here sit for months rather than days, so there is real time to compare and to make a considered offer.
Somerset Riverfront Frequently Asked Questions
Can you watch rocket launches from Somerset Riverfront?
Yes. The building sits directly across the Indian River from the Kennedy Space Center pads, and upper floor and corner units have unobstructed east views of the launch pads.
What are the condo fees at Somerset Riverfront?
Between $725 and $837 a month through Somerset Riverfront Condominium Association. That is modest for a riverfront building, and we review the budget and reserve study before you commit.
How much do units sell for at Somerset Riverfront?
The median closed price over the last twelve months was $745,000, in a range from $615,000 to $850,000, at about $259 per square foot.
Does Somerset Riverfront have a dock?
Yes. There is a community dock on the river, along with a private pool, elevator access and a gated entry.
How big are the units at Somerset Riverfront?
Roughly 2,415 to 3,023 square feet, all three bedrooms with three to four baths.
How long do units take to sell at Somerset Riverfront?
A median of 122 days, with closings at about 83 percent of the original asking price. That is the widest asking-to-closing gap in Titusville, and it favors a patient buyer.
What are the property taxes at Somerset Riverfront?
About $7,850 median annually, reaching $11,430 on the larger units. Budget the real number rather than the neighborhood average.
Washington Avenue, On The River
Somerset Riverfront sits on Washington Avenue in the 32780 zip code, directly on the Indian River in central Titusville.
Downtown Titusville, Space View Park and the riverfront restaurants are a short walk or a very short drive. SR 405 runs east over the causeway to Kennedy Space Center, and Playalinda Beach is about half an hour out through the refuge.
Near Somerset Riverfront In Titusville
Considering Somerset Riverfront?
If Somerset Riverfront is on your list, my partner Nichole and I are the agents to call. We sell Titusville every week, we know these streets, and we will tell you straight whether a house is priced right. Reach out anytime at (321) 212-7676.
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