Three Fountains of Viera is a condominium community on Borasco Drive across from Viera Regional Park. Built in 2005, units run 581 to 1,359 square feet, one to three bedrooms. Eighteen have closed in the last eighteen months. It is not age restricted, whatever some sites tell you.
If you want a condominium in Viera, your list is short. Viera was master planned around single-family homes, villas and townhomes, and true condo product is the exception. Three Fountains is one of the few, which is the single most useful thing to know about it.
A correction first. Some aggregator sites list Three Fountains as an active adult or age restricted community. The senior community flag is N on all eighteen recent comparable sales. It is not age restricted, and if that had been the reason you ruled it out, look again.
The buildings went up in 2005 and units run from 581 square feet at the small end to 1,359 at the top, one to three bedrooms. Some homes sat behind a gate.
Buying a condominium in Florida is a different exercise from buying a house and it has become more so. The reserve funding, the most recent structural inspection and any pending special assessment matter more than the finishes. A beautiful unit in an underfunded association is a bad purchase, and the listing photos will not tell you which one you are looking at.
, which is a solid sample for a community this size.
| Detail | What you get |
|---|---|
| Year built | 2005, all of them |
| Unit size | 581 to 1,359 square feet |
| Bedrooms | 1 to 3 |
| Age restricted | No. The senior flag is N on all 18 sales, despite what some aggregator sites claim. |
| Association | Yes |
| Gated | 9 of 18 recent sales |
| Housing type | Condominium |
| Street | Borasco Drive, across from Viera Regional Park |
| Mailing city | Melbourne, FL 32940 |
| What we obtain | Association financials, reserve funding, the most recent structural inspection report, and any pending or contemplated special assessment. |
How much the association has set aside for roofs, paint, paving and structural work. An underfunded reserve is a special assessment waiting to happen, and it lands on whoever owns the unit when it does.
Florida condominium associations carry milestone inspection and structural reserve obligations. The most recent report tells you what is coming and roughly when.
Board minutes reveal what the association is actually arguing about. Fastest way to learn whether a special assessment is being discussed before it is voted.
Find out what drives it for the specific unit before you compare on list price.
Viera Regional Park is directly opposite, so fields, courts and trails are across the street rather than a drive away.
Very little true condominium inventory exists in Viera, so this community serves a buyer the rest of the market cannot.
These are the figures the public property records carry for homes in Three Fountains of Viera, not current asking prices, and a single address can sit outside the band for reasons a number will not show you. Call or text (321) 212-7676 and we will price the exact home you are looking at.
Live MLS listings filtered to Three Fountains of Viera specifically, not the whole city. If the list is short, that is the honest picture of what is available today.
No. The senior community flag is N on all eighteen recent comparable sales. Some aggregator sites suggest otherwise and they are wrong.
581 to 1,359 square feet, one to three bedrooms.
2005.
There is an association here, so budget for dues. The amount and what it covers change from year to year, so I get the current figure, the budget and the reserve study straight from the association before you write an offer.
Nine of the eighteen recent sales were flagged gated, so it depends on the section. We confirm for the specific unit.
Very few. Viera was master planned around single-family homes, villas and townhomes. Three Fountains is one of the small number of true condominium communities inside the master plan.
Reserve funding, the most recent structural inspection report, the current budget, recent board minutes, and any pending special assessment. Those five items tell you more about the purchase than the unit itself.
Three Fountains sits on Borasco Drive directly across from Viera Regional Park, with The Avenue Viera and the Shoppes of Viera a short drive away.
The Viera hospital campus and the I-95 interchange are both close. Melbourne is roughly fifteen minutes south, and the barrier island beaches are about half an hour east.
Whether you are buying in Three Fountains of Viera or thinking about selling here, work with an agent who is in these neighborhoods every week. My partner Nichole and I got your back. We will run the numbers on any address, tell you straight what it is worth, and handle the whole process from the first showing through the closing table. Call or text (321) 212-7676.
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