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Explore Similar Apartments Within 2 Miles of River Lakes, FL

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    $750,000

    • 2,337 Sq Ft

    2273 Merlin Dr, Melbourne, FL 32904

    Diamond ALF is a fully licensed, turnkey assisted living facility offering a rare opportunity for immediate operation and strong income potential. Recently renovated with several hundred thousand dollars in upgrades, this 4-bedroom property is approved for six residents and includes a full fire alarm and suppression system, a backup generator, and all infrastructure required for regulatory

    Cody Spaur Landshark Realty

    2273 Merlin Dr, Melbourne, FL 32904

Why Live in River Lakes

River Lakes in Viera East, Melbourne, offers a tranquil lakeside living experience while being conveniently close to urban amenities. This neighborhood is divided into northern and southern clusters, featuring sprawling ranch-style homes and modern bungalows. The southern side, intersected by St. Johns Heritage Parkway, showcases new construction stucco ranch-style homes and two-story Craftsman houses. The northern side is known for its canal-backed homes, providing boat access to Lake Washington. Residents enjoy a peaceful environment with easy access to shopping and dining options, including Publix at Lake Washington Crossing and Windover Square, as well as downtown Melbourne's vibrant nightlife. The area is safer than the national average, making it a secure place to live. River Lakes is served by highly rated schools, including Roy Allen Elementary School and Heritage High School. Outdoor attractions abound, with the River Lakes Conservation Area offering primitive camping, fishing, and boating on Lake Washington. The nearby Brevard Zoo, just 11 miles away, provides unique kayaking tours of animal exhibits. For beachgoers, Coconut Point Beach and Spessard Holland Golf Course are 15 miles across the Melbourne Causeway. Public transportation is limited, so driving is essential, with I-95 providing direct routes to Orlando and Miami. Melbourne Orlando International Airport is approximately 7 miles away, facilitating travel. River Lakes combines rural serenity with city convenience, making it a desirable location for homebuyers seeking a balanced lifestyle.

Home Trends in River Lakes, FL

Housing Trends

Median Sale Price
$378,739
Median Single Family Sale Price
$380,000
Median Townhouse Sale Price
$299,495
Average Price Per Sq Ft
$199
Number of Homes for Sale
174
Last 12 months Home Sales
284
Months of Supply
7.40
Median List Price
$390,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-7%
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