2525 Madrid Dr Melbourne, FL 32940
Melbourne AreaEstimated payment $279/month
Highlights
- Concierge
- River View
- Clubhouse
- Active Adult
- Open Floorplan
- Great Room
About This Home
River Views | 2 Bed / 2 Bath | Double-Wide | Affordable Lot Rent | Palm Shores, FL Don't miss this opportunity to own a well-maintained 2 Bedroom / 2 Bath double-wide in the desirable Riverview 45+ Community in Palm Shores, Florida! Ideally located just off the Indian River and only minutes from the beautiful Atlantic beaches, this home offers the perfect combination of comfort, convenience, and Florida living. This spacious home has been thoughtfully maintained and features a NEW Central Air Conditioning system (2025) and a shingle roof replaced in 2020, giving buyers added peace of mind. Enjoy year-round relaxation in the screened-in Florida room, complete with an attached workshop, plus a huge 12' x 20' detached storage shed with electricity-perfect for hobbies, tools, or extra storage. Major appliances include a Washer, Dryer, Refrigerator, and Stove, making this home move-in ready. 2026 market-rate lot rent is just $795 per month and includes trash pickup, access to the community park, laundry facilities, and additional resident amenities. Riverview is a quiet 45+ community that maintains an 80/20 occupancy policy, allowing a limited number of residents under the age of 55. Conveniently located near shopping, dining, medical facilities, the Indian River, and the Space Coast's beautiful beaches, this home offers an affordable lifestyle in one of Brevard County's most desirable areas. Schedule your private showing today-homes in this price range and location don't last long! All listing information is deemed reliable but not guaranteed and should be independently verified by the buyer. Measurements are approximate. Buyers are responsible for verifying current lot rent, community fees, rules, regulations, and pet policies directly with the community management.
Property Details
Home Type
- Mobile/Manufactured
Year Built
- Built in 1991
Parking
- Driveway
Property Views
- River
- Scenic Vista
Home Design
- Vinyl Siding
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Entrance Foyer
- Great Room
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Oven
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Shed
Lot Details
- River Front
- Landscaped with Trees
- Land Lease of $795
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Community Details
Overview
- Active Adult
- Riverview Mh Park Community
Amenities
- Concierge
- Clubhouse
- Recreation Room
- Laundry Facilities
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,575 | $171,200 | $56,500 | $114,700 |
| 2024 | $1,599 | $156,500 | $56,500 | $100,000 |
| 2023 | $1,495 | $145,700 | $56,500 | $89,200 |
| 2022 | $1,011 | $103,100 | $18,200 | $84,900 |
| 2021 | $800 | $89,500 | $18,200 | $71,300 |
| 2020 | $761 | $84,500 | $13,700 | $70,800 |
| 2019 | $675 | $79,800 | $13,700 | $66,100 |
| 2018 | $618 | $75,300 | $13,700 | $61,600 |
| 2017 | $588 | $75,200 | $13,700 | $61,500 |
| 2016 | $561 | $73,500 | $13,700 | $59,800 |
| 2014 | $396 | $70,800 | $13,700 | $57,100 |
| 2013 | -- | $68,900 | $13,700 | $55,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2026 08/25/26 | Pending | -- | -- | -- |
| 08/02/2026 08/02/26 | Price Changed | $43,000 | -4.4% | $45 / Sq Ft |
| 07/12/2026 07/12/26 | Price Changed | $45,000 | -3.2% | $47 / Sq Ft |
| 06/26/2026 06/26/26 | Price Changed | $46,500 | -4.1% | $48 / Sq Ft |
| 06/16/2026 06/16/26 | Price Changed | $48,500 | -2.8% | $51 / Sq Ft |
| 05/30/2026 05/30/26 | For Sale | $49,900 | -- | $52 / Sq Ft |
Source: My State MLS
MLS Number: 11798214
- 2432 Okalani St
- 2565 Merrman Dr
- 2455 Merrman Dr
- 5241 N Highway 1
- 4891 Erin Ln
- 4919 Erin Ln
- 120 Palm Cir
- 4928 Erin Ln
- 4855 Erin Ln
- 4991 Erin Ln
- 4961 Rosewood Ln
- 7945 Millbrook Ave
- 2390 Honeybrook Creek Dr
- 2635 Summer Brook St
- 3351 Deer Lakes Dr
- 2745 Summer Brook St
- 3403 Cloudberry Place
- 3251 Windsor Estates Dr
- 3020 Constellation Dr
- 5761 Newbury Cir
Ask me questions while you tour the home.