River Lakes
Condos for Sale in Cocoa Beach, FL
All 208 homes for sale in Cocoa Beach, FL · median $553,500 · 166 condos for sale in Cocoa Beach · 221 homes for sale in 32931 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 24 closed sales in River Lakes Condo Ph Ii Bldg 720 in Cocoa Beach, FL since 2006, the most recent in January 2025. Across Cocoa Beach as a whole, 134 homes closed in the last 12 months at a median of $585,000, 53 median days on market, with 214 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $9,130 ($8,510 with the full homestead exemption).
Part of River Lakes, Cocoa Beach, FL — see all River Lakes homes for sale (1 listing across 3 sections in the MLS).
This is a single condominium building in Cocoa Beach, and the current MLS snapshot shows no closings in the reporting window and no median price to anchor to. That means price here is set unit by unit — floor, view, condition, and interior updates will do the talking, not any published community number.
For a buyer, thin recent activity means you are negotiating in a vacuum: comps are scarce, so bring patience and a willingness to underwrite the specific unit rather than the building. For a seller, the flip side applies — with little competing supply on record, a well-prepared listing can define its own market, but expect a longer road to a price both sides can defend.
Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside River LakesCondos for Sale in Cocoa Beach, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
River Lakes Condo Ph Ii is a small condo community in Cocoa Beach, Brevard County, where the current listing picture is quiet enough that each unit's condition and layout carry the value on its own.
Space Coast MLS sales records identify 41 homes in River Lakes Condo that have changed hands since 2009, built between 1974 and 1977 (median 1974), with a median living area of about 1,244 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who River Lakes Condo is best for.
Best for
- Buyers seeking a coastal Cocoa Beach condo who are comfortable evaluating a specific unit on its own merits
- Cash or well-qualified buyers who can absorb appraisal uncertainty in a thin-comp market
- Long-hold owners focused on lifestyle and location rather than short-term resale timing
Probably not for
- Buyers who need recent, comparable sales to justify their offer
- Anyone counting on quick resale or a fast, predictable exit
- Buyers wanting extensive on-site amenities, since none are identified in current listings
The market around River Lakes Condo
River Lakes Condo is too small for its own price trend, so here is the market around it.
In ZIP 32931, 270 homes are on the market and 17% are under contract — a slower corner of Cocoa Beach.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32931 (Cocoa Beach), 395 homes closed in the last 12 months at a median of $329K ($211/sq ft), up 3.2% year over year, with a median 39 days on market. Right now 91 active and 27 pending listings put supply at about 3.6 months — a balanced market. See the live ZIP 32931 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not River Lakes Condo specifically. Momentum Research analysis of MLS records.
The River Lakes Condo buying strategy.
If we were buying in River Lakes Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in River Lakes Condo.
A condition-driven condo market
With no closings on record in the current window and no community amenities identified from the MLS, this is a place you evaluate on fundamentals: the unit itself, the association's financial health, reserves, and the physical shape of the building. Ask for the budget, the reserve study, and any special-assessment history before you fall for a view.
Because there is no active price signal to lean on, both sides should expect the appraisal and the association documents to do heavy lifting. That is normal for a small coastal condo building — it just means the diligence matters more than the headline number, of which there currently isn't one.
The location and the amenities are priced into every listing in River Lakes Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a building this small with little recorded activity, generic pricing tools are useless — you need someone who will read the association documents, pull whatever coastal-condo comps exist nearby, and tell you plainly when a unit's condition or the building's financials don't support the ask. That is the work we do before we talk price.
River Lakes Condo in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a River Lakes Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed River Lakes Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in River Lakes Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your River Lakes Condo home worth?
Get a no-obligation home value based on real comparable sales in River Lakes Condo, 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 all homes for sale in Cocoa Beach →
Should you buy in River Lakes Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2006 (24 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Recent Developments in River Lakes Condo Ph Ii Bldg 720
Development, infrastructure, retail, and school activity affecting River Lakes Condo Ph Ii Bldg 720, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Infrastructure
Brevard County Brightline station fully funded with $57 million federal grant
The planned Brightline station in Cocoa, near State Road 528, is now fully funded after a federal grant of about $57 million. Cocoa will own the station and Brightline will operate it, linking Cocoa and Port Canaveral to South Florida destinations. No construction start date has been set, and officials expect to release more details in early 2027.
What it may mean for the marketA passenger rail stop near SR 528 would add a regional transit option for commuters and visitors traveling between the Space Coast and other Florida metros. The site is about 10 miles northwest of River Lakes Condo Ph Ii Bldg 720.
Source: FOX 35 Orlando - September 2026Civic
Space Force plans laser counter-drone defenses at Space Coast launch sites
Space Launch Delta 45 plans to deploy counter-drone technology, including lasers, to protect launch pads and critical infrastructure at Cape Canaveral and nearby facilities. Cost and operational date were not disclosed, and officials have not confirmed whether it will extend onto Kennedy Space Center property.
What it may mean for the marketAdded security investment at launch facilities reinforces the base's role as a long-term anchor for aerospace employment in the region. The site is about 12 miles north of River Lakes Condo Ph Ii Bldg 720.
Source: FOX 35 Orlando - July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 9 miles southwest of River Lakes Condo Ph Ii Bldg 720, elsewhere in Brevard County.
Source: Viera - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 10 miles southwest of River Lakes Condo Ph Ii Bldg 720, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 15 miles south of River Lakes Condo Ph Ii Bldg 720, elsewhere in Brevard County.
Source: CFL Roads (FDOT) - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 5 miles north of River Lakes Condo Ph Ii Bldg 720, elsewhere in Brevard County.
Source: Homes.com News
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.
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Common questions about River Lakes
Where is River Lakes?
River Lakes is a community in Cocoa Beach, Brevard County, Florida, ZIP 32931.
Are there homes for sale in River Lakes right now?
No active listings inside River Lakes at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does River Lakes have an HOA or CDD?
No HOA is on record for River Lakes in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Housing distress & ownership in River Lakes Condo Ph Ii Bldg 720, Cocoa Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
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