Riverwalk Of Melbourne
Homes for Sale in Melbourne, FL
All 713 homes for sale in Melbourne, FL · median $399,900 · 80 townhomes for sale in Melbourne · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of November 2026, Riverwalk Of Melbourne in Melbourne, FL has 5 homes for sale, asking from $294,500 to $369,000 (median $312,000). Homes listed or recently sold were built 2007 - 2022; 13 of 13 report an HOA (median $375/mo); none of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 20 ft).
Last 30 days in Riverwalk Of Melbourne: 1 closed sale (median $275,000). As of November 12, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Riverwalk Of Melbourne
Live MLS inventory for Riverwalk Of Melbourne. 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.
ActiveTop listing
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ActiveActive and pending Riverwalk Of Melbourne listings as of 2026-11-12, priced high to low. Based on information from the Space Coast MLS. Tap any home to ask about it.
Riverwalk of Melbourne is mid-sized gated construction, roughly 150 homes built out between 2007 and 2022, with a median vintage of 2021. The median living space runs 2,258 square feet - comfortably three- or four-bedroom territory - and the homestead share sits at 56 percent, indicating a mix of primary residence and investment or second-home buyers. With 7 active listings against a 150-home base, you are looking at 10.5 months of supply, which squarely favors the buyer and suggests sellers will need to be realistic on condition and concessions.
The gated amenity package - clubhouse, pool, fitness center, sauna, spa, playground, and included trash, water, and cable - positions this as a lifestyle-oriented community, but the buyer-leaning inventory means you have time and negotiating room. Pricing discipline and a clear sense of what you need versus what the HOA delivers will matter more here than urgency.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Riverwalk Of Melbourne right now
🟢 Buyer-leaning market. 10.5 months of supply and 12% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of July 15, 2026. Confidence: Medium (8 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 13, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Riverwalk of Melbourne is a 150-home gated community in Melbourne, built between 2007 and 2022, with a median home size of 2,258 square feet and a full slate of managed amenities. Seven active listings against 10.5 months of supply place the current market advantage squarely with buyers.
Flood zones in Riverwalk Of: of 11 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Melbourne.
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.
The setting & the homes.
Aerial and on-site photos of Riverwalk Of Melbourne. Swipe to explore the community.
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Riverwalk Of MelbournePhotos from Space Coast MLS listings in Riverwalk Of Melbourne; content deemed reliable but not guaranteed.
Who Riverwalk Of Melbourne is best for.
Best for
- Buyers who want turn-key gated living with a clubhouse, pool, fitness center, and managed grounds without having to coordinate contractors.
- Primary-residence owners looking for a three- or four-bedroom home around 2,258 square feet in a community small enough to feel cohesive.
- Investors or second-home buyers comfortable with a 56 percent homestead share and seeking modern construction with rental or occasional-use flexibility.
Probably not for
- Buyers who prefer older, character-rich neighborhoods or who balk at monthly fees that include water, trash, and cable they may not value.
- Anyone hunting for a seller's urgency or multiple-offer competition - this is a patient buyer's market, not a bidding-war environment.
- Households that will not use the amenity package regularly and resent paying for clubhouse, sauna, and spa access they rarely visit.
The market around Riverwalk Of Melbourne
Riverwalk Of Melbourne is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Riverwalk Of Melbourne specifically. Momentum Research analysis of MLS records.
Riverwalk Of Melbourne on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.
Life at Riverwalk Of Melbourne
- Clubhouse · reported on 12 of 14 listings
- Gated · reported on 12 of 14 listings
- Pool · reported on 12 of 14 listings
- Fitness Center · reported on 12 of 14 listings
- Maintenance Grounds · reported on 10 of 14 listings
- Sauna · reported on 10 of 14 listings
- Playground · reported on 9 of 14 listings
- Security Gate · reported on 9 of 14 listings
- Spa/Hot Tub · reported on 7 of 14 listings
- Cable TV · reported on 6 of 14 listings
- Trash · reported on 6 of 14 listings
- Management - Off Site · reported on 5 of 14 listings
Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Croton · Elementary
- Johnson · Middle
- Eau Gallie · High
Zoned schools reflect the assignments reported on recent Riverwalk Of Melbourne listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Riverwalk Of Melbourne address.
Shop the zone: Homes zoned for Eau Gallie High School
Recent Developments in Riverwalk Of Melbourne
Development, infrastructure, retail, and school activity affecting Riverwalk Of Melbourne, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Margarita Island opens in the former El Chico building on Evans Road, Melbourne
The Mexican restaurant chain opened at 1751 Evans Road in Melbourne, its fourth Brevard location and seventh in Florida. It offers a full menu and a full-service bar.
What it may mean for the marketA new sit-down dining option adds to restaurant choices along the Evans Road area of Melbourne. The project is about 5 miles northwest of Riverwalk Of Melbourne, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The project is about 14 miles north of Riverwalk Of Melbourne, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Infrastructure
Melbourne starts a citywide road condition survey with a scanning van
City consultant Michael Baker International began driving every city-maintained road on Oct. 15 with LiDAR, 3D scanners and cameras. The survey should finish by the end of 2026, and the Pavement Management Plan will be updated by early 2027 to prioritize resurfacing.
What it may mean for the marketThe survey will set the resurfacing priority list that shapes road conditions and repair timing across Melbourne. The site is about 2 miles northeast of Riverwalk Of Melbourne.
Source: WFTV - June 2026Development
Proposed Brevard County USL soccer stadium would anchor new mixed-use development
Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.
What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The project is about 3 miles northwest of Riverwalk Of Melbourne, elsewhere in Brevard County.
Source: FOX 35 Orlando - June 2026Development
West Melbourne's Space Coast Town Center Expands
The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.
What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 4 miles west of Riverwalk Of Melbourne, elsewhere in Brevard County.
Source: WFTV - 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 4 miles northwest of Riverwalk Of Melbourne, elsewhere in Brevard County.
Source: CFL Roads (FDOT)
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 Riverwalk Of Melbourne buying strategy.
If we were buying in Riverwalk Of Melbourne 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Riverwalk Of Melbourne.
Gated living with time to choose
Riverwalk of Melbourne delivers what many Space Coast buyers say they want: a gated entry, a clubhouse and pool complex, an on-site fitness center, sauna, spa, playground, and the convenience of included water, trash, and cable in the HOA fee. Grounds maintenance is handled, security gate is staffed or automated, and management is off-site but accessible. The median home is a 2021-vintage build with 2,258 square feet of living space, placing most inventory in the solidly modern three- or four-bedroom range. The community spans just 150 homes, so it is large enough to support amenities but small enough that you will recognize faces.
What sets this market snapshot apart is the 10.5 months of supply. With 7 homes currently active, buyers have meaningful choice and time to evaluate condition, lot placement, and amenity access before making an offer. The homestead share of 56 percent tells you this is not a retirement enclave or an investor block - it is a split between primary-residence owners and a sizable contingent of secondary or rental buyers. That split can affect community engagement and meeting quorum, but it also means resale appeal is diversified.
The construction span - 2007 to 2022, with the median at 2021 - means you will encounter both early-phase homes approaching 20 years and near-new product. Condition variance is real; what you pay should reflect what you are getting. The amenity list is robust on paper, but verify current access, pool hours, fitness-center hours, and any planned capital assessments with the HOA before you close. Gated does not mean maintenance-free, and off-site management can mean slower response times.
The location and the amenities are priced into every listing in Riverwalk Of Melbourne. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Riverwalk's buyer-leaning inventory and 15-year construction window mean due diligence matters as much as the offer. Momentum brokers pull permit history, HOA financials, and rental-restriction docs before you write, not after. We know which lots back to noise, which floor plans had builder fixes, and what a realistic offer looks like when you are one of seven active choices. We will tell you when the amenity fee is too high for what you will actually use, and we will walk the property with you to spot deferred maintenance before it becomes your closing surprise. In a community this size, one bad comp can skew your negotiation - we make sure it doesn't.
Riverwalk Of Melbourne in 15 seconds.
Tools for a Riverwalk Of Melbourne buy.
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Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Riverwalk Of Melbourne sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Riverwalk Of Melbourne, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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Recently off market in Riverwalk Of Melbourne
Homes in Riverwalk Of Melbourne that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 4 on record.
- 1445 Isabella Drive #105 · off market
- 1490 Isabella Drive #107 · off market
- 1795 Kole Place #106 · off market
- 1795 Noel Place #102 · off market
| Location | Melbourne, Brevard County, FL |
|---|---|
| Homes in the community | 150 (FL DOR 2025 assessment roll) |
| Years built | 2007–2022 (median 2021) |
| Typical living area | 2,258 sq ft (median) |
| Home types (current listings and sales) | townhouses 100% |
| Amenities listed by sellers | Clubhouse, Fitness Center, Gated, Spa/Hot Tub, Playground, Cable TV |
| For sale right now | 7 active, 1 pending · median asking $334,900 · 10.5 months of supply |
| Owner-occupied (homestead) share | 56% |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Riverwalk Of Melbourne key facts,” movewithmomentum.com/neighborhoods/riverwalk-of-melbourne-melbourne, data as of July 15, 2026.
Just listed in Riverwalk Of Melbourne
The newest homes for sale in Riverwalk Of Melbourne right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 1800 Noel Place #105 $309,999 · 3 bd · 2.5 ba · 1,573 sq ft · new today Courtesy of HomeSmart Coastal Realty
- 1380 Isabella Drive #105 $319,000 · 3 bd · 2.5 ba · 1,772 sq ft · new today Courtesy of Mark Spain Real Estate
- 1400 Isabella Drive #105 $312,000 · 2 bd · 2.5 ba · 1,752 sq ft · new today Courtesy of EXP Realty, LLC
- 1800 Kole Place #103 $294,500 · 3 bd · 2.5 ba · 1,752 sq ft · new today Courtesy of Denovo Realty
- 1375 Isabella Drive #104 $369,000 · 3 bd · 2.5 ba · 1,752 sq ft · new today Courtesy of Newton Real Estate Group
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Riverwalk Of Melbourne Melbourne Right Now (5)
All 5 active and pending Riverwalk Of Melbourne Melbourne listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1800 Noel Place #105 · $309,999 · 3 bd / 2.5 ba · listed Aug 14, 2026 · listed by HomeSmart Coastal Realty
- 1380 Isabella Drive #105 · $319,000 · 3 bd / 2.5 ba · listed Aug 14, 2026 · listed by Mark Spain Real Estate
- 1400 Isabella Drive #105 · $312,000 · 2 bd / 2.5 ba · listed Aug 14, 2026 · listed by EXP Realty, LLC
- 1800 Kole Place #103 · $294,500 · 3 bd / 2.5 ba · listed Aug 14, 2026 · listed by Denovo Realty
- 1375 Isabella Drive #104 · $369,000 · 3 bd / 2.5 ba · listed Aug 14, 2026 · listed by Newton Real Estate Group
Recently sold in Riverwalk Of Melbourne Melbourne
- 1795 Kole Place #106 · sold $275,000
- 1490 Isabella Drive #107 · sold $281,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Melbourne home searches
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Melbourne guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Flood zones
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Isabella Drive (2 homes on record)
What it really costs to own in Riverwalk Of Melbourne
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $4,358/yr across 7 listings here (MLS tax records, 2026-11-13). |
|---|---|
| HOA dues | Median $375/month across 9 MLS listings (most billed monthly; 2026-11-13). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 11 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 2020 across 8 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Estimated carrying cost at the median asking price, before the mortgage: about $934/month (tax $363, HOA $375, insurance $196). An estimate from the sources above, not a quote.
Email me new listings in Riverwalk Of Melbourne
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Ask an agent about Riverwalk Of Melbourne
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Riverwalk Of Melbourne will answer, and the answer is published on this page for the next buyer.
Riverwalk of Melbourne Market Scorecard
Riverwalk of Melbourne is currently a buyer-leaning market (limited data). About 7.5 months of supply, a median asking price of $312,000.
Typical home value in the 32935 ZIP is $268,182, about 12.8% below 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 2026-11-13. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Riverwalk Of Melbourne a buyer's or seller's market right now?
How many homes are in Riverwalk Of Melbourne?
What share of Riverwalk Of Melbourne is owner-occupied?
When were the homes in Riverwalk Of Melbourne built?
Who is the best real estate agent for Riverwalk Of Melbourne?
How do I find a top Melbourne real estate agent who knows Riverwalk Of Melbourne?
Can Momentum Realty connect me with an agent for Riverwalk Of Melbourne?
Where is Riverwalk Of Melbourne, and what county is it in?
Is Riverwalk Of Melbourne in a flood zone?
Should you buy in Riverwalk Of Melbourne?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: November 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
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.
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