Delespine On Indian River in Cocoa

Delespine On Indian River
Homes for Sale in Cocoa, FL

Community in Cocoa · Brevard County
36 homesBuilt 1956–2021
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily

Delespine On Indian River is a community in Cocoa, Brevard County, FL. Across Cocoa as a whole, 520 homes closed in the last 12 months at a median of $328,750, 39 median days on market, with 115 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $5,130 ($4,510 with the full homestead exemption).

Live · Delespine On Indian River Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
53%
Owner-occupied · Delespine On Indian River
19 of 36 parcels homesteaded (FL DOR 2025)
47%
Non-owner-occupied · Delespine On Indian River
incl. 22% trust or LLC-held · 8% out-of-state
36
Homes in the community
36 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1956
Community established
homes built 1956-2021, median 1992 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Delespine On Indian River is a small waterfront-adjacent community in Cocoa, just 36 homes with a median build of 1992 and a span running from 1956 to 2021. That range tells you the real driver here is condition and vintage, not a tidy tract price. A mid-century original and a home from the last decade will not trade anywhere near each other, so the median is a reference point, not a rule.

With no active listings on the books as of mid-2026, this is an inventory-starved micro-market. For sellers, that scarcity is leverage when a well-kept home does come up. For buyers, it means patience and readiness - you may wait for the right door to open, and when it does, you should already know what an updated 1,900-square-foot home in this community is worth to you.

The 60-Second Overview

This is a small, amenity-rich community on the Indian River side of Cocoa where roughly half the homes are homesteaded, pointing to a stable, owner-occupied core rather than a churn of turnover.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Boaters or RV owners who value on-site storage and want the HOA to bundle grounds, water, and structure upkeep
  • Buyers targeting a mid-sized single-family home who will use the pool, tennis, and pickleball amenities
  • Patient buyers comfortable waiting for the right listing in a thin, low-turnover market

Probably not for

  • Buyers who need to close on a short timeline and can't wait for inventory to surface
  • Anyone wanting to avoid HOA dues and shared-amenity costs
  • Shoppers who want a wide selection of comparable homes to negotiate against

The market around Delespine On Indian River

Delespine On Indian River is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Delespine On Indian River specifically. Momentum Research analysis of MLS records.

Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

If we were buying in Delespine On Indian River today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Delespine On Indian River.

Best Buy
Buyers who want a waterfront-adjacent Cocoa community with resort-style amenities and boat storage baked in.
Biggest Risk
Effectively no inventory right now, so acquisition takes patience and a ready buyer.
Sweet Spot
An updated home near the 1,900-square-foot median with amenity access you will actually use.
Avoid If
You need to buy quickly or want a large, uniform selection to compare.

A small community that lives larger than its size

For 36 homes, the amenity list is deep: a pool, tennis and pickleball courts, RV and boat storage, and full-time management, with the HOA covering grounds, structure maintenance, water, cable, and trash. That breadth of coverage matters when you underwrite the total cost of ownership - a chunk of what you would otherwise budget separately is bundled into the dues. Confirm the current fee and exactly what it includes before you write an offer.

The median living area of about 1,901 square feet points to genuine single-family homes rather than compact attached product, and the wide build range means you are shopping condition first. Homestead share sitting just over half suggests a community that holds its owners, which tends to support upkeep on the common areas and a steadier resale picture over time.

The location and the amenities are priced into every listing in Delespine On Indian River. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 36-home community with nothing currently listed, the deal is won before it hits the market. We track quiet turnover, help you read what the HOA fee actually buys against the boat storage and court access, and price a home on its vintage and condition rather than a blunt median. That is the difference between overpaying in a thin market and buying the right home at the right number.

Delespine On Indian River in 15 seconds.

Best forBuyers who want a waterfront-adjacent Cocoa community with resort-style amenities and boat storage baked in.
Biggest advantageA deep amenity package - pool, tennis, pickleball, RV/boat storage - spread across only 36 homes.
Biggest riskEffectively no inventory right now, so acquisition takes patience and a ready buyer.
Sweet spotAn updated home near the 1,900-square-foot median with amenity access you will actually use.
Avoid ifYou need to buy quickly or want a large, uniform selection to compare.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Delespine On Indian River sales matched to your home.

What is your Delespine On Indian River home worth?

Get a no-obligation home value based on real comparable sales in Delespine On Indian River, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,164/mo
Brevard County typical true cost to own
$196/mo
Brevard County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Delespine Market Scorecard

Buyer-Leaning Market (limited data)

Delespine is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$200,000
Median sold
$193
Per sqft
n/a
Days on mkt
0/0/1
Active/Pend/Sold

Typical home value in the 32927 ZIP is $305,960, about 25.2% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-09-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

How many homes are in Delespine On Indian River?
The Florida DOR 2025 assessment roll shows 36 homes in Delespine On Indian River (public records).
What share of Delespine On Indian River is owner-occupied?
53% of Delespine On Indian River parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Delespine On Indian River built?
Homes in Delespine On Indian River were built between 1956 and 2021, with a median year built of 1992 (FL DOR 2025 roll).
Who is the best real estate agent for Delespine On Indian River?
The best agent for Delespine On Indian River is one who actively works Cocoa and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Delespine On Indian River.
How do I find a top Cocoa real estate agent who knows Delespine On Indian River?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Delespine On Indian River and the wider Cocoa area.
Can Momentum Realty connect me with an agent for Delespine On Indian River?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Delespine On Indian River purchase or sale - no call center and no pressure.
Boaters or RV owners who value on-site storage and want the HOA to bundle grounds, water, and structure upkeepExcellent fit
Buyers targeting a mid-sized single-family home who will use the pool, tennis, and pickleball amenitiesExcellent fit
Patient buyers comfortable waiting for the right listing in a thin, low-turnover marketExcellent fit
Buyers who need to close on a short timeline and can't wait for inventory to surfaceProbably not
Anyone wanting to avoid HOA dues and shared-amenity costsProbably not
Shoppers who want a wide selection of comparable homes to negotiate againstProbably not

Nearby Communities

Explore more neighborhoods near Delespine On Indian River with Momentum Realty’s local guides.

HCHardeeville Cocoa1.4 mi awayNPN Port St John2.0 mi awayPSPort St John2.2 mi awayPSPort St John Unit 7 1St2.3 mi awayWPWilliams Point Estates Cocoa2.4 mi awayCWCypress Woods Cocoa2.7 mi awayRPRoyal Palm Estates Cocoa3.0 mi awayVTVerona Titusville3.5 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 12, 2026)
Housing stock & ownershipFlorida DOR assessment roll (community parcel extract)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

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