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3102 N River Villa Way #200, Melbourne Beach, FL, 32951

3beds
3baths
1,869sqft
$998,000
$534price/sqft
$7,357/moest. monthly cost
$294,280/yrincome needed

About This Home

Remarkable Riverfront Home. This lovely townhome interior was completely updated in 2023 and a new tile roof in 2017. The formal entrance leads to a spacious fireplaced living room & dining room just steps from the beautiful Indian River. Dolphins & Manatees will entertain you with their playfulness. The Kitchen is a chefs dream with state of the art appliances, stylish cabinets and lovely granite counters and guests can chat with you at the Breakfast Bar while you are preparing dinner. The upstairs master bedroom & ensuite bath are finished in soft tones with elegant use of gorgeous tile and glass. Enjoy a delicious coffee on the deck or perhaps a romantic coctail while viewing the magnificent sunsets over the River. Every detail has been given to the wonderful flow of this charming home. From the winding flowered entrance to the spectacular views of the River & the quiet ambiance of a fireside respite with a wonderful book. We invite you to explore Frequently asked questions: 1. Can I rent this property. The minimum time is one month. Leases of less than 6 months must pay 12% Resort tax (7% to the State and 5% to Brevard County. 2. Are there pet restrictions: Pets are restricted to one domestic pet per Property owned. 3. Vehicle restrictions: No commercial vehicles. Pick up trucks with no signage are allowed.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

10/10
Gemini Elementary SchoolGrades PK-61.7 mi
6/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1986

Materials

  • Roof: Tile
  • Construction materials: Block,Stucco

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse,Half Duplex

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Ice Maker,Plumbed For Ice Maker,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Breakfast Bar,Ceiling Fan(s),Open Floorplan,Wet Bar
  • Flooring: Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric,Hot Water
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 1,869 sqft

Property

Details

  • Parcel number: 2838207500000.00200.00
  • Attached to another structure: Yes
  • Special condition: Owner Licensed RE

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Glass Enclosed,Porch,Rear Porch
  • Exterior features: Impact Windows,Storm Shutters
  • Has view: Yes
  • View description: River
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: River Front
  • Waterbody name: Indian River

Lot

  • Lot size: 3,484 sqft
  • Features: Zero Lot Line

Parking

  • Total spaces: 2
  • Parking features: Garage,Garage Door Opener,Guest,On Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,046$60,552
Home Insurance *$1,549$18,588
Property Taxes $565$6,780
Electricity $197$2,366
Total$7,357$88,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$252,240/yr
40% on housing$220,710/yr
45% on housing$196,186/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$534This listing

vs Other Active Listings

Avg $/sqft

ZIP 32951$435
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32951$332
Brevard County$209

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$1,090,000

For Sale by Agent

AgentKathleen E Parsons
BrokerageSuncoast Realty, Inc.

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