1480 Roosevelt Ave APT 201, Melbourne, FL, 32901
About This Home
Welcome to your front row seat on the River!. This prime gated riverfront condo combines a peaceful waterfront lifestyle with unmatched city convenience. Minutes from downtown Melbourne, the Airport, L3 Harris, Northrup Grumman. This rare end unit 3 bedroom/2 bath condo offers an incredible opportunity to shape your waterfront lifestyle. Located on the second floor of an intimate and private gated complex of just 20 units. This home delivers the perfect blend of privacy, natural light and fantastic river views. Step out onto the balcony where you can enjoy beautiful sunsets, watch rocket launches, and dolphins play. Enjoy your morning coffee & take in peaceful evening breezes. This condo presents a blank canvas for your personal style. Units in this building rarely become available, making this a premier winter getaway or permanent retreat. Owner-Occupied Community ensures pride of ownership throughout the building and guarantees a quiet and stable neighbor environment.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1987
Materials
- Roof: Metal
- Construction materials: Block,Stucco
Type & Style
- Home type: Condo
- Architectural style: Contemporary
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Range,Microwave,Refrigerator,Washer
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Breakfast Bar,Ceiling Fan(s),Entrance Foyer,Open Floorplan,Primary Bathroom - Shower No Tub,Split Bedrooms
- Flooring: Carpet,Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,206 sqft
Property
Details
- Parcel number: 28371101000g1.00011.06
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Patio,Screened
- Exterior features: Balcony
- Has view: Yes
- View description: River,Water,Intracoastal
- Has water view: Yes
- Water view: River,Water,Intracoastal
- On waterfront: Yes
- Waterfront features: Navigable Water,River Access,River Front,Intracoastal
- Waterbody name: Indian River
Lot
- Lot size: 2,613 sqft
- Features: Many Trees,Wooded
Parking
- Total spaces: 1
- Parking features: Assigned,Attached Carport,Gated,Guest
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
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
- Lightning
- Coastal Flooding
- Inland Flooding
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,511 | $18,132 |
| Home Insurance * | $336 | $4,032 |
| Property Taxes | $352 | $4,224 |
| Electricity | $197 | $2,366 |
| Total | $2,396 | $28,752 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Price change | $299,000 |
| 2026-06-08 | Listed for sale | $324,000 |
| 2026-05-30 | Listing removed | -- |
| 2026-02-28 | Listed for sale | $289,000 |
| 2026-02-25 | Sold | $202,000 |
| 2026-02-23 | Pending sale | $220,000 |
| 2026-02-01 | Listed for sale | $220,000 |
| 2017-11-09 | Sold | $190,000 |
| 2017-09-29 | Listed for sale | $199,900 |
| 1998-05-22 | Sold | $81,000 |
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