Paramount
Riverfront

Luxury riverfront condominium · downtown Melbourne · ZIP 32901

Downtown Melbourne's newer luxury riverfront condominium, a 2021 nine-story tower with large three-bedroom residences, floor-to-ceiling Indian River views, and a small-building association budget to read closely.

Luxury condominiumIndian River frontageCompleted 2021

Live Market Pulse

44/100
Momentum

Buyer-Leaning Market (limited data)

Resale here turns on the specific home, the lot, and condition; confirm the HOA or any association, any CDD or district assessment, and the flood or insurance picture where applicable before anchoring on a number.

Free · No obligation

Unlock Off-Market Paramount Riverfront

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseSpace Coast MLS

$855K

Median Price

48mo

Supply

n/a

Avg DOM

Soft

Seller Leverage

$365/sf

Median $/Sqft

n/a

1-Yr Price Change

0now

Distress

Jon's Current Read

"Paramount Riverfront is a newer nine-story luxury condominium on the Indian River in downtown Melbourne, completed in 2021 with a small number of large three-bedroom residences. The product is genuinely current: new construction, floor-to-ceiling water views, covered parking, gated entry and a heated riverfront pool, all walkable to New Haven Avenue. The catch buyers miss is the association. In a small luxury building, the condo fee, the reserve funding and the master insurance are the heart of the carry, and Florida's reserve and inspection reforms make funding especially important to verify. Comps are thin because inventory is limited, so floor, view and exact square footage drive value, and the read is the budget, the reserve study and the insurance, all confirmed before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Paramount Riverfront market snapshot (as of June 17, 2026): the median sale price is about $855K ($365 per sq ft), a buyer-leaning market (limited data). Based on 1 recent closings in live Space Coast MLS data.

Paramount Riverfront is a contemporary nine-story luxury condominium on South Harbor City Boulevard along the Indian River in downtown Melbourne (ZIP 32901), Brevard County, completed in 2021. Third-party profiles describe roughly 68 residences, all large three-bedroom plans from about 2,082 to 4,428 square feet, with floor-to-ceiling windows that capture river and, from upper floors, ocean-direction views.

The building pairs new-construction high-rise living with a genuinely walkable downtown setting. New Haven Avenue's shops, restaurants and events are a short walk away, and the US-1 corridor is adjacent, while the residences themselves offer a lock-and-leave footprint suited to seasonal or low-maintenance owners. Amenities include a heated riverfront pool, covered and secured parking, and gated entry.

The part to read carefully is the condo association. In a small luxury building, the monthly fee funds master insurance, building maintenance, the pool, parking and reserves, and every owner shares any special assessment. Florida's condominium reserve and milestone-inspection reforms make it essential to confirm the reserve study, reserve funding, the master insurance, and any pending assessment before you offer.

Because inventory is limited and comps are thin, value turns on floor, view and exact square footage rather than a community average. The read is the residence's floor and view set against a sound, well-funded association. Confirm the budget, the reserve study, the master insurance and the leasing rules before you offer.

Quick Match

Who Paramount Riverfront is best for.

Best for

Buyers who want new-construction luxury living directly on the Indian River
Buyers who want a walkable downtown Melbourne setting
Buyers who want a lock-and-leave, secured, low-maintenance home
Buyers who will read the condo budget, reserves and master insurance

Probably not for

Buyers who want a single-family home with a yard
Buyers unwilling to carry a luxury-building condo fee
Buyers who want to avoid any exposure to a special assessment
Buyers who need a large, deep pool of comparable sales

Market Pulse

How Paramount Riverfront is performing right now

44/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

48Months of supplytight

72Median days on marketdays

0 : 4Under contract vs for salestrong demand

1Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+5%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Paramount Riverfront listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Loveridge Heights or Melbourne. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now4 : 0active : pending

For sale4

Pending0

Sold 12mo1

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Paramount Riverfront buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Paramount Riverfront

Live MLS inventory for Paramount Riverfront. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

1465 S Harbor City Boulevard #1002 home for sale in Paramount Riverfront

ActiveTop listing

$1,850,000

3 bd · 3.5 ba · 4,428 sqft · built 2022

1465 S Harbor City Boulevard #1002, Melbourne, 32901

Strong resaleLakefront

Listed by BSC Real Estate

1435 S Harbor City Boulevard #401 home for sale in Paramount Riverfront

Active

$899,900

3 bd · 3 ba · 2,345 sqft · built 2021

1435 S Harbor City Boulevard #401, Melbourne, 32901

Listed by Sand Dollar Realty Group, Inc.

1465 S Harbor City Boulevard #502 home for sale in Paramount Riverfront

Active

$795,000

3 bd · 3 ba · 2,082 sqft · built 2022

1465 S Harbor City Boulevard #502, Melbourne, 32901

Reno opportunityBest value

Listed by Engel&Voelkers Melb Beachside

1465 S Harbor City Boulevard #702 home for sale in Paramount Riverfront

Active

$699,900

3 bd · 3 ba · 2,082 sqft · built 2022

1465 S Harbor City Boulevard #702, Melbourne, 32901

Reno opportunityBest value

Listed by Engel&Voelkers Melb Beachside

Active and pending Paramount Riverfront listings as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Interactive Map

Paramount Riverfront on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

The central Brevard location is the point: shopping, major roads, and the coast are all within a reasonable drive.

Drive times from the community area; the central location puts shopping, major roads, and the coast within reach.

New Haven Avenue (downtown dining)~3 to 5 min · walkable, shops and restaurants

US-1 corridor~1 min · adjacent main route

Florida Tech~8 to 10 min · university nearby

Melbourne Orlando International Airport~10 min · regional air service

Barrier-island beaches (Indialantic)~12 to 15 min · Atlantic beaches, riverfront building

I-95 at US-192~12 to 15 min · main highway access

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near ParamountRiverfront with Momentum Realty’s local guides.

La Bertha LawnMelbourne, FL · 0.8 mi

LundGardensMelbourne, FL · 0.9 mi

Goode Park TerraceMelbourne, FL · 0.9 mi

East MagnoliaParkMelbourne, FL · 1.0 mi

Sunset TerraceMelbourne, FL · 1.1 mi

Country Club Colonynear Downtown MelbourneMelbourne, FL · 1.1 mi LVLaguna Village Homes for Sale in Melbourne, FLMelbourne, FL · 1.3 mi

Dartmouth TrailMelbourne, FL · 1.3 mi

Booker HeightsMelbourne, FL · 1.4 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Paramount Riverfront (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Brevard County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Paramount Riverfront is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Paramount Riverfront address.

The takeaway

What is actually shaping value at Paramount Riverfront, sourced and dated. We do not publish rumor.

Recent Developments in Paramount Riverfront

Development Intelligence

Our read on what is being built around Paramount Riverfront, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is a newer luxury riverfront high-rise where scarcity and the river view support value, while the association budget, reserves and master insurance drive the carry. Watch reserve funding and insurance costs, and confirm every association line item, since they move.

Newer-construction riverfront high-rise, completed 2021

BullishNew construction built to current code carries an insurance and systems advantage over older coastal-county condo stock, and direct Indian River frontage in downtown Melbourne is scarce, which supports demand. impact

SignificanceRadius: Building

Newer-construction riverfront high-rise, completed 2021

Small-building association economics

NeutralWith roughly 68 units, the condo fee, reserve funding and any special assessment are spread across few owners, so the association budget is central to the carry. Confirm reserves and master insurance. impact

SignificanceRadius: Building

Small-building association economics

Florida condo reserve and inspection reforms

NeutralStatewide reserve-funding and milestone-inspection rules raise the importance of a fully funded reserve study, even for a newer building. Verify funding status before you offer. impact

SignificanceRadius: Region

Florida condo reserve and inspection reforms

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Paramount Riverfront, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

2021
Development
Paramount Riverfront completed on the Indian River
Third-party building profiles describe Paramount Riverfront as a nine-story luxury condominium completed in 2021 with roughly 68 large three-bedroom residences from about 2,082 to 4,428 square feet, floor-to-ceiling windows, covered parking, gated entry and a heated pool on the Indian River in downtown Melbourne. Why it matters: A newer building means current code and systems, but also a small ownership base where the association budget matters to every owner. Read the budget and reserve study before you offer. Source
Ongoing
Lifestyle
Walkable downtown Melbourne setting
Listings highlight the building's walkable proximity to New Haven Avenue's shops and restaurants, alongside its direct Indian River frontage and floor-to-ceiling water views. Why it matters: The combination of new-build waterfront and a walkable downtown is the durable draw. Confirm the floor and view for any specific residence, since they set the premium. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

The Strategy

The Paramount Riverfront buying strategy.

If we were buying in Paramount Riverfront, this is the order of operations we would run, and the one we run for our clients.

Read the condo budget and reserve study first. In a small luxury building, reserve funding and any special assessment hit every owner.

Verify the master insurance. Coastal high-rise master policies move; confirm coverage and the per-unit HO-6 you will need.

Comp by floor, view and exact square footage. Inventory is thin, so match the residence precisely, not the building average.

Confirm leasing and occupancy rules if any rental or seasonal use is part of your plan.

Cross-shop a single-family alternative, Loveridge Heights, if a yard and water access matter more than lock-and-leave.

The Quick Decision

Best Buy

A mid-to-upper-floor residence with a strong river view in a building with a fully funded reserve study and no looming assessment.

Biggest Risk

Buying into an underfunded reserve or an impending special assessment, or overpaying for a floor whose view does not justify the premium.

Best Lot

Floor and view are the lot here, higher floors and unobstructed river exposure command the premiums.

Smart Timing

Limited inventory means the right floor and view may take patience; a prepared buyer with the budget read done moves quickly when one lists.

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

The Homes

Type

Luxury condominium

Size

~2,082-4,428 sq ft (third-party)

Built

Completed 2021

Beds

Three-bedroom plans

Costs & Fees

Condo fee

Confirm current per unit

Reserves

Verify reserve study and funding

Insurance

Master policy + HO-6, verify

Amenities

Pool

Heated riverfront pool

Parking

Covered / secured

Entry

Gated, secured access

Views

Floor-to-ceiling river views

Location

Setting

Indian River, downtown Melbourne

Downtown

New Haven Avenue walkable

Beaches

Barrier-island beaches east

The Residences: Large and Riverfront

All three-bedroom plans, from roughly 2,082 to 4,428 square feet, with floor-to-ceiling windows and river views. Because the building was completed in 2021, the systems and code are current-generation, which helps insurance versus older coastal condo stock.

Floor and view drive value most. Higher floors with unobstructed river exposure command premiums; lower floors are the entry and value tier. With limited inventory, comp precisely by floor, view and square footage.

What Living Here Is Actually Like

The rhythm of Paramount Riverfront life:

A typical week

Coffee with a river view, a walk to New Haven Avenue for dinner, the pool in the afternoon, and a short drive east to the beaches on weekends. The view and the walkable downtown carry the lifestyle.

The lock-and-leave appeal

Secured, gated, with covered parking and no yard to maintain, the building suits seasonal owners and travelers. Confirm the leasing rules if rental use is part of your plan.

The association reality

In a small building, the budget is personal. A well-funded reserve and clean master insurance protect your value; an underfunded one does the opposite. Read both before you buy.

The Paramount Buyer Checklist

Read the condo budget and reserve study and funding.
Confirm the master insurance and the HO-6 you will need.
Check for any special assessment, pending or recent.
Comp by floor, view and square footage, not the average.
Confirm leasing and occupancy rules in the current documents.
Verify milestone-inspection status and any structural reports.

Jon Brooks · Co-Founder, Momentum Realty

Paramount is genuinely special, new-build riverfront with a walkable downtown is rare in Melbourne. But a small luxury building lives and dies on its association. I always pull the reserve study and the master insurance first, because in a building this size, those numbers are your numbers. Get them right and the view takes care of the rest.

Paramount vs. the Alternatives

The honest comparison set for a Melbourne waterfront buyer:

Community	Type	Carry	The trade
Paramount Riverfront	Luxury condo, 2021	Condo fee + HO-6	New-build riverfront, walkable downtown, association homework
Loveridge Heights	Established single-family	Low / no HOA	Eau Gallie River setting, yard, older stock
Country Club Colony	Established single-family	Low / no HOA	Larger inland homes, established, no water

The Honest Pros & Cons

What Paramount gets right

New-construction high-rise on the Indian River
Floor-to-ceiling water views
Walkable to downtown Melbourne
Covered parking, gated entry, heated pool
Lock-and-leave, low-maintenance living

What to go in eyes-open about

Luxury-building condo fee is a real carry
Small building, special assessments hit every owner
Master insurance on a coastal high-rise moves
Thin comps, limited inventory
No yard, condo leasing restrictions apply

Paramount Riverfront Homes For Sale

What your money buys in Paramount Riverfront.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Paramount Riverfront today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: lower-floor residences

$855K to $855K

The smaller three-bedroom plans on lower floors, still large and still on the river. The entry into the building.

Lowest entry

Mid: mid-floor residences

$855K to $855K

Mid-floor three-bedroom plans with stronger river views and elevation. The core of the building.

Most inventory

Upper: highest floors and largest plans

$855K to $855K

The largest residences and highest floors with the best views. Floor and square footage separate these most.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$855K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$855K to $855K

Entry: lower-floor residences

The smaller three-bedroom plans on lower floors, still large and still on the river. The entry into the building.

$855K to $855K

Mid: mid-floor residences

Mid-floor three-bedroom plans with stronger river views and elevation. The core of the building.

$855K to $855K

Upper: highest floors and largest plans

The largest residences and highest floors with the best views. Floor and square footage separate these most.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Paramount Riverfront, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Better lots and views resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Paramount Riverfront is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Unit Value

The unit premium.

In a condo the value the market gives back at resale is set by the unit, not a lot: the floor, the view line (direct versus partial), and the exposure. The interior can be renovated, but the floor and view cannot, so higher floors and better views hold their value better. How much more they command varies by building, line, and condition, which is why we read it unit by unit against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Paramount Riverfront holds value.

Our read on the factors that protect resale here, and the one to manage.

Established or well-kept housing stockSolid

Central Brevard locationStrong

Confirm HOA or association scopeManage it

Read condition on the specific homeManage it

Confirm any CDD or district assessmentWatch it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Paramount Riverfront

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Underbudgeting the carrying costs
Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Paramount Riverfront is one of the easiest buildings in Melbourne to fall for and one of the most important to underwrite. The deal is won or lost on the association budget, the reserves, the master insurance, and the floor and view, not the photos.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

8.1B+ · Buy Score

Resale Strength8.0/10

Renovation Risk8.6/10

Location Efficiency8.6/10

Long-Term Defensibility8.2/10

Carrying Cost Advantage6.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Paramount Riverfront is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Unit Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

Fill = price per square foot; ring = by realized $/sqft per unit. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take

Floor and view are the lot in a high-rise
Higher floors and unobstructed river views hold premiums
Lower floors are the entry and the value tier
Match comps by floor and exact square footage
A funded association protects every floor's value

At Paramount Riverfront the floor and view are the lot. Higher floors with unobstructed Indian River exposure command the top premiums, while lower floors are the entry and value tier. Because inventory is thin, comp a residence against others on similar floors with similar views and square footage rather than a building average, and weigh the association's reserve funding heavily, since a sound budget protects value on every floor.

The 15-Second Verdict

Paramount Riverfront in 15 seconds.

Best forBuyers who want new-construction luxury living on the Indian River walkable to downtown Melbourne.

Strong onFloor-to-ceiling river views, a 2021 build with current-code systems, covered parking, gated entry, a heated pool, and a walkable downtown.

WatchThe condo fee, reserve funding and master insurance in a small building, plus thin comps. Read the budget and reserve study.

Not forBuyers who want a single-family home with a yard, the lowest possible carry, or zero exposure to a special assessment.

The edgeA mid-to-upper-floor residence with a strong view in a fully funded building can be a durable, low-maintenance value on scarce riverfront.

HOA, CDD & Fees

15-Second Take

Condo fee is the core carry, confirm current
Fee funds master insurance, pool, parking, reserves
Small building, special assessments hit every owner
Verify reserve study and funding before you offer
Carry your own HO-6 interior policy on top

The monthly condo fee funds the master insurance, building maintenance, the heated pool, secured parking and reserves. With roughly 68 owners, any special assessment spreads across few units, so the budget matters to everyone.

Before you offer, pull the reserve study and funding status, the master insurance policy, and any pending assessment. Florida’s condominium reserve and milestone-inspection rules raise the importance of a fully funded reserve, even for a newer building. Owners also carry their own HO-6 interior policy.

The honest math: the right Paramount residence is the one where a strong floor and view sit on top of a sound, fully funded association. We read the budget and reserve study for any unit you are serious about, because the only number that matters is the one for this building.

Run Your Numbers

Tools for a Paramount Riverfront buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxBrevard County millage and the homestead picture.Rent vs buyThe breakeven on owning in Paramount Riverfront.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Paramount Riverfront

Price it to your floor, view and a sound association, with the budget shown.

If you are selling at Paramount Riverfront, the right list price comes from recent sales matched to your floor, view and square footage in a thin-comp building, measured against a clean association budget that buyers will scrutinize.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Paramount Riverfront, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Loveridge Heights, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Paramount Riverfront home worth?

Get a no-obligation home value based on real comparable sales in Paramount Riverfront matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Paramount Riverfront on the map →
Or get your Paramount Riverfront home value & selling guide →

Real comps, not a Zestimate.

Paramount Riverfront Market Scorecard

Buyer-Leaning Market (limited data)

Paramount Riverfront is currently a buyer-leaning market (limited data). About 48.0 months of supply, a median asking price of $847,450.

48.0

Months supply

$847,450

Median list

$855,000

Median sold

$365

Per sqft

n/a

Days on mkt

4/0/1

Active/Pend/Sold

Typical home value in the 32901 ZIP is $270,716, about 7.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Paramount Riverfront located?

It is a nine-story luxury condominium on South Harbor City Boulevard along the Indian River in downtown Melbourne, FL (ZIP 32901), walkable to New Haven Avenue and adjacent to the US-1 corridor.

When was Paramount Riverfront built?

The building was completed in 2021, making it a newer-construction high-rise built to current code, an advantage for insurance and systems versus older coastal-county condo stock.

How many units are in the building?

Third-party sources describe roughly 68 residences across nine stories, a small, limited-inventory building. Confirm the exact count and availability with current listings.

How big are the residences?

Reported from roughly 2,082 to 4,428 square feet, all three-bedroom plans with floor-to-ceiling windows and river views. Confirm the exact square footage and plan for any specific unit.

What does Paramount Riverfront cost?

Pricing is best described in tiers, from an entry tier for lower floors, to a mid tier for mid floors, to an upper tier for the largest and highest-floor residences. We confirm live comps and the association budget for any specific unit before you offer.

What are the condo fees?

As a luxury riverfront high-rise, the monthly condo fee is a real carry funding master insurance, building maintenance, the pool, parking and reserves. Confirm the current per-unit fee, inclusions and reserve funding before you offer.

What should I check about the association?

Pull the current budget, the reserve study and funding, the master insurance, any pending special assessment, and the milestone-inspection status. Florida's condo reforms make reserve funding especially important to verify.

What amenities does the building have?

A heated riverfront pool, covered and secured parking, gated entry, and floor-to-ceiling river views, in a walkable downtown Melbourne location.

Is it good for lock-and-leave or seasonal living?

Yes, a secured, gated high-rise with covered parking and a pool suits seasonal and low-maintenance owners. Confirm leasing and occupancy rules if rental use is part of your plan.

How far is the beach?

Barrier-island beaches near Indialantic are roughly 12 to 15 minutes east. The building sits on the Indian River, with beaches a short drive away.

Are there rental restrictions?

Luxury condominium associations typically restrict leasing, with minimum terms and sometimes approval requirements. Get the current policy in writing before buying with rental plans.

Do I need my own agent to buy here?

Yes. The listing agent works for the seller. Your own agent reads the condo budget, reserve study and master insurance, compares floors and views precisely, and negotiates in a thin-comp building. Momentum Realty does exactly that.

The Verdict

Should you buy in Paramount Riverfront?

An honest fit check. We will tell you when it is not your community.

You want new-construction luxury living directly on the Indian RiverExcellent fit

You want a walkable downtown Melbourne settingExcellent fit

You want a lock-and-leave, secured, low-maintenance homeExcellent fit

You will read the condo budget, reserves and master insuranceExcellent fit

You value floor-to-ceiling water views over a yardExcellent fit

You want a single-family home with a yardProbably not

You will not carry a luxury-building condo feeProbably not

You want zero exposure to a special assessmentProbably not

You need a deep pool of comparable salesProbably not

You want oceanfront rather than riverfrontProbably not

Get the inside read on Paramount Riverfront

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Paramount Riverfront home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty Paramount Riverfront specialist will reach out personally, usually the same day.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

ParamountRiverfront

The 60-Second Overview

Who Paramount Riverfront is best for.

Best for

Probably not for

How Paramount Riverfront is performing right now

Homes For Sale Right Now in Paramount Riverfront

Paramount Riverfront on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Paramount Riverfront

Newer-construction riverfront high-rise, completed 2021

Small-building association economics

Florida condo reserve and inspection reforms

Paramount Riverfront completed on the Indian River

Walkable downtown Melbourne setting

The Paramount Riverfront buying strategy.

The full read, only if you want it.

The Homes

Costs & Fees

Amenities

Location

What Paramount gets right

What to go in eyes-open about

What your money buys in Paramount Riverfront.

What ~$855K buys here.

Renovation & Resale Intelligence

The renovation premium.

The unit premium.

How well Paramount Riverfront holds value.

5 Mistakes Buyers Make in Paramount Riverfront

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Underbudgeting the carrying costs

Skipping the systems check

Momentum Buy Score.

Why our read on Paramount Riverfront is different.

Which Lots & Views Hold Value Best

Paramount Riverfront in 15 seconds.

HOA, CDD & Fees

Tools for a Paramount Riverfront buy.

Price it to your floor, view and a sound association, with the budget shown.

In Paramount Riverfront, condition and view decide your number

What is your Paramount Riverfront home worth?

Price History: What Homes Here Have Actually Sold For

Paramount Riverfront Market Scorecard

Frequently Asked Questions

Should you buy in Paramount Riverfront?

Get the inside read on Paramount Riverfront

You are all set.

Need to sell fast in Brevard County?

You just read the data. Now see what your home is worth.

More Melbourne & Space Coast / Brevard County guides

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