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For SaleCondominium
$324K
1480 Roosevelt Avenue #201, Melbourne, FL 32901
University Park neighborhood
Subdivision: River Oaks Condo
3
Bedrooms
2
Bathrooms
1,206
Sq Ft
1987
Year Built
$269 /sqft

About This Property

Description from listing agent

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.

Space Coast Context

🚀 Launch Viewing — Good Views

34.3 mi from SLC-40

34.3 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
L3Harris3.3 mi~7 min
Northrop4.6 mi~10 min
Blue Origin28.1 mi~1h 3m
SpaceX29.4 mi~1h 6m
Lockheed29.4 mi~1h 6m
Boeing/KSC31.5 mi~1h 10m
KSC32.1 mi~1h 12m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 5/29/26
    Listed
    $324K
    $269/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type (single family, condo, townhouse, etc.)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Square footage within ±15%
  • Year built within ±15 years

We start with your neighborhood, then expand to 3 miles, then 5 miles until we have enough comps. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.

This is the same analysis a local agent performs by hand — done automatically on every listing.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.06 acres (2,614 sqft)
Full Baths
2
HOA Fee
$605/mo
Waterfront
Indian River
Pool
Yes
Days on Market
10
MLS Area
330 - Melbourne - Central

Community & HOA

HOA

  • Name: River Oaks Condo Assoc.
  • Fee: $605 / monthly

Schools

Elementary

University Park

Middle School

Stone

High School

Melbourne

Financial & Listing Details

Listed
Jun 8, 2026
Parcel #
28-37-11-01-000g1.0-0011.06
$324K

Listing Agent (for property info)

C
Claudine B Sloms
One Sotheby's International
321-446-9222
Call Listing Agent

Estimated Monthly Payment

$2,786/mo
Principal & interest
$1,707
Property taxes
$324
Insurance & HOA
$755

Based on a 6.90% rate, 30-year loan, and $324K price — down payment shown: $64,800.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1079367

Interested in this property?

Equal Housing Opportunity

MLS# 1079367 · Listing Broker: One Sotheby's International · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.