Delespine on Indian River in Cocoa

Delespine
on the Indian River

Waterfront subdivision · Cocoa area, Indian River · ZIP 32927

A north Brevard waterfront subdivision along the Indian River, reported with spacious lots, river views, and a community pool.

Indian River viewsReported community poolSpacious lots
Live Market Pulse
53/100
Momentum
Buyer-Leaning Market (limited data)
A river-oriented subdivision with mixed product trades on the lot, the water exposure, and the product type; confirm whether a listing is a home, a condo, or land, and confirm the association dues, the pool rules, and the flood zone on a specific home.
Free · No obligation
Unlock Off-Market Delespine

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseSpace Coast MLS
$315K
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
$214/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Delespine on Indian River is a river-oriented Cocoa-area subdivision with mixed product, so the first read is what you are actually buying: the neighborhood is reported to include single-family homes, some condos, and vacant land, and those are three different buys in price, carry, and diligence. The reported spacious lots, the Indian River views, and the reported community pool are the durable draws. Confirm whether the listing is a home, a condo, or land, confirm the association dues, what they cover, and the pool rules, and confirm the flood zone before you commit."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Delespine on Indian River market snapshot (as of June 17, 2026): the median sale price is about $315K ($214 per sq ft), a buyer-leaning market (limited data). Based on 6 recent closings in live Space Coast MLS data.

Delespine on Indian River is a waterfront subdivision in the Cocoa area of north Brevard County, in the 32927 area, along the Indian River. The river orientation gives it a settled, water-facing feel, reported with spacious lots and Indian River views.

The neighborhood is reported to include a mix of product: single-family homes, some condos, and vacant land. That mix is central to the read, because a home, a condo, and a buildable lot carry very different prices, carrying costs, and diligence items. Treat the product mix and the lot detail as reported, and confirm exactly what type a specific listing is before you go far.

Amenities are reported to include a community pool, which points to an association with dues and rules. Confirm the association dues and what they cover, the pool rules and any capital fee, and whether the structure differs for homes versus condos. Check the parcel for the flood zone and elevation, since a river-oriented address drives the flood and insurance picture, and do not rely on a quoted figure that can change.

For buyers who want a river-view homesite or a lower-maintenance condo in north Brevard with a community pool and quick access to US 1, the Beachline, and Cocoa Village, Delespine is a distinctive option. The work is confirming the product type, reading the lot and the water exposure, and pricing the association and the all-in carry honestly.

Best for

  • Buyers who want a river-view homesite in north Brevard
  • Buyers who value the reported community pool and spacious lots
  • Buyers open to a home, a condo, or a buildable lot
  • Buyers who will confirm the product type and the association

Probably not for

  • Buyers who want a new, current-code home with a builder warranty
  • Buyers seeking the lowest carry with no association or pool
  • Buyers unwilling to confirm the product type and the flood zone
  • Buyers who want a gated setting or a full amenity campus

How Delespine is performing right now

53/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
72Median days on marketdays
1 : 0Under contract vs for salestrong demand
6Sold in last 12 monthsliquidity
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Delespine listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Delespine on Indian River buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Delespine

Live MLS inventory for Delespine on Indian River. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

No homes are actively for sale in Delespine right now, so its recent closed sales are shown, as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The Club & Membership

15-Second Take
  • A community pool is reported as the amenity
  • Confirm the pool rules, hours, and any capital fee
  • Dues may differ for homes versus condos
  • The broader draw is the Indian River views
  • Price the association and flood zone, not extras

Delespine on Indian River is a waterfront subdivision in the Cocoa area of north Brevard along the Indian River, reported with spacious lots, Indian River views, and a reported community pool. The product mix is reported to include single-family homes, some condos, and vacant land, so the type varies by listing. Treat the product mix, the lot detail, and the pool as reported, and confirm exactly what type a specific listing is, along with the association dues, the pool rules, and the flood zone for a specific home and homesite.

The takeaway

North Brevard on the river is the point: US 1 and the Beachline are close, Cocoa Village is a short drive, and the beaches and Kennedy Space Center are a manageable trip.

Indian River~2 min · waterfront
US 1~5 min · north-south
SR 528 (Beachline)~12 min · to Orlando
Cocoa Village~15 min · downtown Cocoa
Cocoa Beach / Cape Canaveral beaches~28 min · east
Kennedy Space Center~25 min · north
Orlando~50 min · via SR 528

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Delespineon the Indian River with Momentum Realty’s local guides.

CanaveralGrovesCanaveralGrovesCocoa, FL · 0.9 miRoyal PalmEstatesRoyal PalmEstatesCocoa, FL · 1.4 miCypressWoodsCypressWoodsCocoa, FL · 2.2 miBrookhillBrookhillCocoa, FL · 2.3 miWHWatermark Homes for Sale in Cocoa, FLCocoa, FL · 2.4 miCocoa RicoRanchettesCocoa RicoRanchettesCocoa, FL · 2.7 miTimberLaneTimberLaneCocoa, FL · 2.7 miFridayAcresFridayAcresCocoa, FL · 2.7 miSummer BreezePlantationSummer BreezePlantationCocoa, FL · 2.8 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Delespine (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Delespine is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Delespine address.

The takeaway

What is actually shaping value around Delespine: the Space Coast demand base, the community's own structure and costs, and area growth. Each item is an honest read; dated, sourced items appear in the timeline.

Recent Developments in Delespine on Indian River

Our read on what is being built around Delespine, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe Space Coast demand picture points up over time; the near-term watch item for Delespine is the all-in carrying cost and how local supply turns. Confirm the specifics on any home before you rely on them.

Waterfront and near-beach scarcity

Ongoing
BullishMajor impact
SignificanceRadius: Community

Water and near-beach exposure cannot be reproduced, which supports durable premiums on the best homesites here.

Flood zone and insurance underwriting

Ongoing
NeutralNotable impact
SignificanceRadius: Regional

Coastal and waterfront homes can carry flood-zone and wind premiums; confirm the flood zone, elevation, and roof year for a specific home.

Coastal Space Coast demand

Ongoing
BullishNotable impact
SignificanceRadius: Regional

Demand for the barrier-island and near-water lifestyle keeps well-located coastal Brevard inventory liquid.

Storm and roof-age exposure

Ongoing
NeutralNotable impact
SignificanceRadius: Regional

Coastal exposure puts a premium on roof age, wind mitigation, and construction; read them before you commit.

Brevard aerospace and job base

Ongoing
BullishMajor impact
SignificanceRadius: Regional

The Space Coast aerospace and defense base supports steady demand near the water.

Limited near-water supply

Ongoing
BullishNotable impact
SignificanceRadius: Community

A finite supply of water-exposed homesites supports pricing power over time for the best-located homes.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Delespine on Indian River, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. June 2025
    Community

    Delespine on Indian River trading in the Cocoa area

    Delespine on Indian River is listed as a north Brevard waterfront subdivision along the Indian River, reported with spacious lots, river views, and a community pool, with a mix of single-family homes, condos, and vacant land. Why it matters: With a mixed product set the first question is what you are buying; price the product type and the water exposure, not a blended neighborhood average. Source

Development alerts for Delespine on Indian RiverGet a short monthly email when something new is approved, funded, or opens near Delespine on Indian River.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Delespine, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the product type. The neighborhood is reported to mix homes, condos, and vacant land; a home, a condo, and a buildable lot are three different buys in price, carry, and diligence.

2

Confirm the association and pool. Get the current dues, whether they differ for homes versus condos, what they cover, the pool rules, and any capital fee in writing.

3

Read the lot and water exposure. River-view positions carry the premium; confirm the actual lot size, since spacious lots are only reported.

4

Confirm the flood zone and elevation. A river-oriented address drives the flood and insurance picture, so price it into the all-in carry.

5

Cross-shop the Cocoa-area options, including Briarwood Manor, before you commit.

Best Buy
A river-view single-family home on a confirmed spacious lot, or a condo for lower maintenance, once the product type is verified
Biggest Risk
Underpricing the all-in carry and assuming one association figure for both homes and condos
Best Lot
River-view positions over interior lots, and a home or condo over raw land unless you want to build
Smart Timing
Confirm the product type, the association dues, and the flood zone before you offer
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Delespine on Indian River is a waterfront subdivision in the Cocoa area of north Brevard along the Indian River, reported with spacious lots, Indian River views, and a reported community pool. The product mix is reported to include single-family homes, some condos, and vacant land, so the type varies by listing. Treat the product mix, the lot detail, and the pool as reported, and confirm exactly what type a specific listing is, along with the association dues, the pool rules, and the flood zone for a specific home and homesite.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Condo
$170K to $262K

A lower-maintenance condo in the community, the more attainable, lock-and-leave way onto the river-oriented street.

Lowest entry
The River-View Home
$262K to $389K

A single-family home on a reported spacious lot with Indian River views, the heart of what Delespine offers.

Most inventory
The Premium River Lot
$389K to $463K

A best water-exposure homesite or buildable lot on the river, the version that holds value best in the subdivision.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$170K to $262K
The Condo
A lower-maintenance condo in the community, the more attainable, lock-and-leave way onto the river-oriented street.
$262K to $389K
The River-View Home
A single-family home on a reported spacious lot with Indian River views, the heart of what Delespine offers.
$389K to $463K
The Premium River Lot
A best water-exposure homesite or buildable lot on the river, the version that holds value best in the subdivision.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Golf and lake lots resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Indian River views and a waterfront orientationStrong
Reported spacious lots and a community poolPositive
Quick access to US 1, the Beachline, and Cocoa VillagePositive
Mixed product means you must confirm the typeConfirm it
Association dues, pool rules, and the flood zoneManage it

Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.

5 Mistakes Buyers Make in Delespine

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Ignoring the optional club cost
  • Skipping the roof, HVAC, and systems check

In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.

The listing photo sells the river view. The deal is won or lost on the product type, the water exposure, and the all-in association and carrying cost.

Jon Brooks · Founder, Momentum Realty
8.3B+ · Buy Score
Resale Strength8.3/10
Renovation Risk5.0/10
Location Efficiency8.2/10
Long-Term Defensibility8.2/10
Carrying Cost Advantage6.5/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Delespine is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium

Fill = price per square foot; ring = by realized $/sqft per unit. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take
  • River-view positions are the scarce premium
  • Water exposure cannot be reproduced inland
  • Spacious lots are reported, confirm the actual size
  • Vacant land means build diligence, read it
  • Confirm the product type and the flood zone first

In a river-oriented subdivision with mixed product the homesite and the water exposure are the part of your money the market gives back, because a home can be finished or renovated but the Indian River views and frontage cannot be reproduced. Delespine's reported spacious lots and river-view positions carry the durable premium, while the condos trade water exposure for lower maintenance and the vacant land carries build diligence. Confirm the product type, read the lot and the water exposure, and confirm the flood zone first, then price the build or the finishes.

Delespine in 15 seconds.

Best forBuyers who want a river-view homesite in north Brevard.
Biggest advantageA north Brevard waterfront subdivision along the Indian River, reported with spacious lots, river views, and a community pool.
Biggest riskUnderpricing the all-in carry and assuming one association figure for both homes and condos.
Sweet spotA river-view single-family home on a confirmed spacious lot, or a condo for lower maintenance, once the product type is verified.
Avoid ifBuyers who want a new, current-code home with a builder warranty.

HOA, CDD & Fees

15-Second Take
  • Association applies, a community pool is reported
  • Dues may differ for homes versus condos
  • Confirm whether a listing is a home, condo, or land
  • Confirm the pool rules and any capital fee
  • Check the parcel for the flood zone and elevation

An association applies, since a community pool is reported, and the structure may differ for homes versus condos; confirm the current amount, what it covers, the pool rules, and any capital fee before you offer. Do not rely on a quoted figure.

Reported to cover the community pool and common areas, with the structure potentially differing for homes versus condos. Condo dues may also cover exterior and grounds items. Confirm the exact inclusions and any capital fee in writing.

A reported community pool is the amenity here; confirm the pool rules, the hours, and any associated fee for a specific home, along with how the dues differ for homes versus condos.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Delespine, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Briarwood Manor, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Delespine home worth?

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

See homes for sale in Delespine on Indian River on the map →
Or get your Delespine on Indian River home value & selling guide →

Real comps, not a Zestimate.

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
$314,775
Median sold
$214
Per sqft
n/a
Days on mkt
0/1/6
Active/Pend/Sold

Typical home value in the 32927 ZIP is $302,746, about 25.7% 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Delespine on Indian River?
In the Cocoa area of north Brevard County, in the 32927 area, along the Indian River. Confirm the exact address and zoning for a specific home.
What kinds of property are here?
The neighborhood is reported to include a mix of single-family homes, some condos, and vacant land. Confirm exactly what type a specific listing is before you go far, since the three are different buys.
Is there an HOA?
An association applies, since a community pool is reported, and the structure may differ for homes versus condos. Confirm the current dues, what they cover, the pool rules, and any capital fee in writing.
Is there a pool?
A community pool is reported. Confirm the pool rules, the hours, any capital fee, and how the dues are structured for homes versus condos for a specific home.
Are the lots large?
Lots are reported as spacious with Indian River views. Treat that as reported and confirm the actual lot size, dimensions, and water exposure for a specific home.
Can I build on a lot here?
Vacant land is reported in the mix. If you are buying a lot, confirm the buildability, utilities, setbacks, and any association approval and the flood zone before you commit.
What flood zone is it in?
A river-oriented address typically drives a flood insurance requirement. Confirm the specific flood zone, the elevation, and the elevation certificate for a particular home during diligence.
How close is Cocoa Village?
Cocoa Village is reported a short drive south. Confirm your real commute at your real departure time.
How far is Orlando?
Orlando is reported roughly 50 minutes west via SR 528, the Beachline. Confirm your real commute at your real departure time.
How far are the beaches?
The Cocoa Beach and Cape Canaveral beaches are reported roughly 25 to 30 minutes east. Confirm your real commute at your real departure time.
What schools serve Delespine?
It is in Brevard Public Schools and the north Brevard and Cocoa attendance area. Assignment is by address and can change, so confirm the current zoning with the district.
What does a property here cost?
Pricing turns on the product type, the lot, and the water exposure, which create a wide range across homes, condos, and land. We pull comps matched to your exact product type rather than quote a blended figure.
How is insurance on the river?
Flood coverage can be central on a river-oriented parcel and a meaningful part of the carry. We help you get quotes and confirm the flood zone so you price the all-in cost honestly before you offer.
Is Delespine a good investment?
The Indian River views, the spacious lots, and the community pool support resale, while the product type, the lot, and the water exposure drive the outcome. As with any waterfront, exposure and condition decide value; this is not a guarantee of future value.
Do I need my own agent to buy here?
Yes. Your own representation, at no cost to you, protects you on the product type, the association, the water exposure, the contract, and the inspection. Momentum Realty represents you, not the seller.
Buyers who want a river-view homesite in north BrevardExcellent fit
Buyers who value the reported community pool and spacious lotsExcellent fit
Buyers open to a home, a condo, or a buildable lotExcellent fit
Buyers who will confirm the product type and the associationExcellent fit
Buyers who want quick access to US 1 and the BeachlineExcellent fit
Buyers who want a new, current-code home with a builder warrantyProbably not
Buyers seeking the lowest carry with no association or poolProbably not
Buyers unwilling to confirm the product type and the flood zoneProbably not
Buyers who want a gated setting or a full amenity campusProbably not
Buyers who want acreage away from the waterProbably not

Get the inside read on Delespine

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your Delespine home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Delespine specialist will reach out personally, usually the same day.

Space Coast MLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

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