River Island Raquette Club in Merritt Island

River Island
Raquette Club

Established Merritt Island community · off River Island Dr · ZIP 32953

An established single-family community off River Island Drive on the north end of Merritt Island, near the Indian River, where some sources describe a racquet amenity. The read is the lot, any waterfront, the HOA and the flood picture.

North Merritt IslandNear the Indian RiverRacquet amenity reported
Live Market Pulse
53/100
Momentum
Buyer-Leaning Market (limited data)
Resale here turns on the lot, any waterfront, and the flood and insurance picture; confirm the flood zone, any HOA, and the status of any racquet amenity before anchoring on a number.
Free · No obligation
Unlock Off-Market River Island Raquette Club

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
$566K
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
$228/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"River Island Raquette Club is an established single-family community off River Island Drive and Raquette Court on the north end of Merritt Island, near the Indian River, with addresses confirmed in ZIP 32953. Some sources describe a racquet or tennis amenity tied to the community name, which is the kind of feature that should be confirmed in writing rather than assumed, since older amenities are sometimes scaled back or maintained privately. The value drivers here are the specific lot, whether a parcel carries water frontage or a water view, the HOA dues and what they cover, and the flood zone, which matters on a barrier-island setting near the lagoon. The read is the lot, any waterfront, the HOA and the flood and insurance picture, all confirmed per parcel before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

River Island Raquette Club market snapshot (as of June 17, 2026): the median sale price is about $566K ($228 per sq ft), a buyer-leaning market (limited data). Based on 1 recent closings in live Space Coast MLS data.

River Island Raquette Club is an established single-family community on the north end of Merritt Island (ZIP 32953), Brevard County, reached off River Island Drive with addresses on streets including Raquette Court and River Island Street. It sits in the part of the island near the Indian River, so some parcels may carry water proximity, water views or frontage. Treat lot and waterfront specifics as parcel-by-parcel.

The community name references a racquet or tennis amenity, and some sources describe one. Amenities like this can be community-owned, privately held, or no longer active, so confirm whether any racquet, tennis or shared facility exists today, who maintains it, and whether it carries a fee, in writing with the HOA and the listing.

Because this is a barrier-island setting near the Indian River lagoon, the flood zone and elevation are central to both insurance cost and resale. Flood designations are parcel-specific and can change, so pull the flood zone and an insurance quote for any specific home before you anchor on a number.

The carrying-cost and condition picture is the part to read carefully. Confirm the HOA dues, if any, and exactly what they include, the age and condition of the home, the roof and systems, and the flood and wind insurance picture. The read is the lot, any waterfront, the HOA and the flood and insurance picture. Confirm the school assignment by address with Brevard Public Schools if that matters to you.

Best for

  • Buyers who want an established single-family setting on north Merritt Island
  • Buyers drawn to proximity to the Indian River and the island lifestyle
  • Buyers interested in a possible racquet or shared amenity, confirmed in writing
  • Buyers who will read the flood zone, insurance and HOA picture per parcel

Probably not for

  • Buyers who want brand-new construction with builder warranties
  • Buyers unwilling to underwrite flood and wind insurance on an island
  • Buyers who need a confirmed, actively maintained tennis facility before offering
  • Buyers who want a turnkey gated master plan with full resort amenities

How River Island Raquette Club 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
1Sold 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 River Island Raquette Club 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 River Island Raquette Club buys, holds, and resells. See the five factors.

Homes For Sale Right Now in River Island Raquette Club

Live MLS inventory for River Island Raquette Club. 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 River Island Raquette Club 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 takeaway

The central Merritt Island location is the point: the causeways, shopping, and the beaches are all a short drive.

SR-528 / Beachline access~6 to 12 min · approximate, varies with traffic
Merritt Island shopping (SR-520 corridor)~12 to 20 min · main retail spine
Cocoa Beach and the Atlantic~20 to 30 min · barrier-island beaches
Kennedy Space Center area~15 to 25 min · north island access
Cocoa and US-1 mainland~15 to 22 min · across the Indian River
Orlando Melbourne Intl Airport~35 to 50 min · regional airport

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 River IslandRaquette Club with Momentum Realty’s local guides.

ParadisePointParadisePointMerritt Island, FL · 0.3 miThe SavannahsThe SavannahsMerritt Island, FL · 0.5 miVilla De PalmasSykes CoveVilla De PalmasSykes CoveMerritt Island, FL · 0.6 miChase HammockLakesChase HammockLakesMerritt Island, FL · 0.6 miHeron Creekon Merritt IslandHeron Creekon Merritt IslandMerritt Island, FL · 0.7 miKenzel TerraceMerritt IslandKenzel TerraceMerritt IslandMerritt Island, FL · 0.7 miIsland CrossingsIsland CrossingsMerritt Island, FL · 0.8 miSkylarkEstatesSkylarkEstatesMerritt Island, FL · 0.9 miMandalay GroveMerritt IslandMandalay GroveMerritt IslandMerritt Island, FL · 1.0 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
River Island Raquette Club (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

River Island Raquette Club 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 River Island Raquette Club address.

The takeaway

What is actually shaping value on north Merritt Island, sourced and dated. We do not publish rumor.

Recent Developments in River Island Raquette Club

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

Net OutlookBullishThe structural story is an established island community near the Indian River, where the lot, any waterfront, the HOA, and the flood and insurance picture drive outcomes. Watch Merritt Island bridge and causeway work that affects access, and Brevard's broader space-economy growth, against the real cost of island insurance, and confirm every per-parcel layer.

Merritt Island bridge and causeway work affecting access

NeutralThe Sea Ray Bridge rehabilitation and NASA Causeway span work change island access and travel times in the near term, a real factor for any north-island commute that should be checked against your routine. impact
SignificanceRadius: Area

Merritt Island bridge and causeway work affecting access

Space-economy growth across Brevard

BullishSustained aerospace and spaceport investment across Brevard supports long-run demand and employment near Merritt Island, a structural positive that does not remove per-home diligence. impact
SignificanceRadius: Area

Space-economy growth across Brevard

Confirm the flood, insurance and amenity picture before you offer

NeutralFlood zone, elevation, wind and flood insurance, and whether any racquet or shared amenity is active and maintained are parcel- and community-specific. Confirm every layer in writing. impact
SignificanceRadius: Community

Confirm the flood, insurance and amenity picture before you offer

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 River Island Raquette Club, 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. December 2025
    Infrastructure

    Sea Ray Bridge on Merritt Island nears reopening

    Space Coast Daily reported in December 2025 that the roughly 9.7 million dollar Sea Ray Bridge rehabilitation on Merritt Island was nearing reopening after a multi-year closure, with county officials indicating a reopening no earlier than late December 2025. Why it matters: Island bridge and causeway projects directly affect access and travel times. Check current bridge status against your real commute before you commit. Source

  2. August 2025
    Economy

    Space industry boom across Brevard

    Talk of Titusville reported in August 2025 on the booming space industry across Brevard County, with continued aerospace and spaceport investment driving regional employment and demand on the Space Coast. Why it matters: A strong space economy supports long-run housing demand near Merritt Island. It is a structural tailwind, not a reason to skip flood, insurance and amenity diligence. Source

Development alerts for River Island Raquette ClubGet a short monthly email when something new is approved, funded, or opens near River Island Raquette Club.

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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 River Island Raquette Club, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the flood zone and an insurance quote first. On a barrier-island setting near the Indian River, flood and wind insurance can swing the real monthly cost more than the price.

2

Confirm whether any racquet or shared amenity exists today, who maintains it, and whether it carries a fee, in writing with the HOA and the listing.

3

Confirm the HOA dues, if any, and exactly what they include before you decide what you can afford.

4

Read the lot and any waterfront, since water frontage and views drive premiums and hold value differently than interior lots.

5

Compare against another north-island option like Riverside Landing on lot, waterfront and the full carrying cost.

Best Buy
A well-kept home on a desirable lot, with the flood zone, insurance and any amenity confirmed, priced for its specific condition and waterfront, if any.
Biggest Risk
Underwriting only the price and missing flood and wind insurance, deferred roof or systems, or assuming a racquet amenity that is no longer active.
Best Lot
Water-frontage and water-view lots carry premiums; interior lots are where the negotiating room lives.
Smart Timing
Island insurance and bridge-access news move buyer urgency; confirm the flood and insurance picture and comps before you anchor.
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

River Island Raquette Club is an established single-family community on the north end of Merritt Island (ZIP 32953), Brevard County, reached off River Island Drive near the Indian River, with addresses on streets including Raquette Court and River Island Street. The community name references a racquet amenity, and some sources describe one, but the status of any racquet, tennis or shared facility should be confirmed in writing with the HOA and the listing. Because this is a barrier-island setting near the lagoon, the flood zone, elevation, and flood and wind insurance are central to cost and resale and are parcel-specific. Confirm any HOA dues and inclusions, the flood and insurance picture, any waterfront, the year built, roof, systems and condition, and the school assignment by address with Brevard Public Schools, since details change.

The takeaway

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

Entry: interior lots, original condition
$566K to $566K

The interior lots and homes in more original condition, the entry door into an established north Merritt Island community. Confirm current pricing on the live listings below.

Lowest entry
Core: updated homes
$566K to $566K

Updated single-family homes in solid condition on standard lots, the core of the community. Confirm current pricing on the live listings below.

Most inventory
High: waterfront or water-view lots
$566K to $566K

Homes on water-frontage or water-view lots, or the most updated homes, command the top of the range. Lot and waterfront separate these most. Confirm current pricing on the live listings below.

Strongest resale

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

$566K to $566K
Entry: interior lots, original condition
The interior lots and homes in more original condition, the entry door into an established north Merritt Island community. Confirm current pricing on the live listings below.
$566K to $566K
Core: updated homes
Updated single-family homes in solid condition on standard lots, the core of the community. Confirm current pricing on the live listings below.
$566K to $566K
High: waterfront or water-view lots
Homes on water-frontage or water-view lots, or the most updated homes, command the top of the range. Lot and waterfront separate these most. Confirm current pricing on the live listings below.

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
  • Better lots and views 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.

Established or well-kept housing stockSolid
Central Merritt Island locationStrong
Confirm HOA or association scopeManage it
Read condition on the specific homeManage it
Confirm flood zone and insuranceWatch it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in River Island Raquette Club

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

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

River Island is easy to like for the island setting and the river proximity. The deal is won or lost on the lot, any waterfront, and the flood and insurance picture, not the amenity in the name.

Jon Brooks · Founder, Momentum Realty
7.1B · Buy Score
Resale Strength7.0/10
Renovation Risk6.4/10
Location Efficiency7.5/10
Long-Term Defensibility7.0/10
Carrying Cost Advantage6.2/10

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 River Island Raquette Club 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
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. 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
  • The lot and position drive resale more than finishes
  • Confirm the homesite, view, and any water exposure
  • Read condition on the specific home
  • Confirm flood zone and insurance where applicable
  • Comp the specific home, not the area average

In a community like this, the homesite and its position set the floor on resale while the house itself can be updated. Read the lot, the view, and any water exposure first, confirm the flood and insurance picture where applicable, then price the condition of the home against the closest comparable sale rather than an area average.

River Island Raquette Club in 15 seconds.

Best forBuyers who want an established single-family setting on north Merritt Island near the Indian River, with island lifestyle and possible shared amenities.
Strong onAn established island location near the Indian River, proximity to the Beachline and the beaches, and a reported racquet or shared amenity to confirm.
WatchThe flood zone, flood and wind insurance, and whether any racquet amenity is active. Confirm every per-parcel and community layer in writing.
Not forBuyers who want new construction, a turnkey gated master plan, or who will not underwrite island insurance.
The edgeA well-kept home on a good lot with the flood, insurance and amenity picture confirmed can be a durable island value.

HOA, CDD & Fees

15-Second Take
  • Confirm whether an active HOA exists and the current dues
  • Confirm whether any racquet or shared amenity is active and who maintains it
  • Pull the flood zone and a flood and wind insurance quote per parcel
  • Read any waterfront, water view and the lot before the finishes
  • Confirm the roof, systems and condition for any specific home

We do not publish a figure here because any HOA dues and inclusions change and may differ by section. Confirm whether River Island Raquette Club has an active HOA, the current dues, what they include, and whether any racquet or shared amenity carries a fee, in writing with the association and the listing before you offer.

If an HOA is active, reported inclusions may relate to common areas and any shared amenity. Do not assume inclusions or that any racquet facility is maintained; confirm the current budget and what is covered with the association.

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 River Island Raquette Club, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Riverside Landing, 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 River Island Raquette Club home worth?

Get a no-obligation home value based on real comparable sales in River Island Raquette Club 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 River Island Raquette Club on the map →
Or get your River Island Raquette Club home value & selling guide →

Real comps, not a Zestimate.

River Island Raquette Club Market Scorecard

Buyer-Leaning Market (limited data)

River Island Raquette Club 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
$566,000
Median sold
$228
Per sqft
n/a
Days on mkt
0/1/1
Active/Pend/Sold

Typical home value in the 32953 ZIP is $427,456, about 2.1% above 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 River Island Raquette Club located?
An established single-family community on the north end of Merritt Island, FL (ZIP 32953), Brevard County, reached off River Island Drive near the Indian River, with addresses on streets including Raquette Court and River Island Street.
Is there really a racquet or tennis amenity?
The community name references a racquet amenity, and some sources describe one, but we treat it as reported. Confirm whether any racquet, tennis or shared facility is active today, who maintains it, and whether it carries a fee, in writing with the HOA and the listing.
Is River Island Raquette Club a gated community?
Sources are not definitive on gating, so treat any gated status as unconfirmed. Confirm whether access is gated and how it is managed with the HOA and the listing before you offer.
Are there waterfront homes here?
The community sits near the Indian River, so some parcels may carry water proximity, water views or frontage, but this is parcel-by-parcel. Confirm whether a specific home has water frontage, a dock right, or a view with the listing.
What flood zone is River Island Raquette Club in?
Flood designations are parcel-specific on a barrier-island setting near the lagoon and can change. Pull the current flood zone and a flood and wind insurance quote for any specific home before you anchor on a price.
Does River Island Raquette Club have an HOA?
Treat any HOA as reported. Confirm whether an active association exists, the current dues, and exactly what they include, including any shared amenity, in writing before you offer.
What does a home here cost?
We do not publish a price figure. Pricing tracks the specific home, its lot, any waterfront, and condition. Confirm current pricing on the live listings on this page; we pull exact comps before you offer.
What kind of homes are in River Island Raquette Club?
Established single-family homes of differing ages and sizes. Confirm the year built, size, lot, any waterfront, the roof and systems for any specific home you consider.
How far is the beach?
Roughly twenty to thirty minutes to the Cocoa Beach area Atlantic beaches by car from the north island, depending on your exact departure point and bridge access.
What schools serve the area?
Brevard Public Schools, with assignment by address. Zoning can change, so confirm the current zoned campuses for any specific home with the district.
How is the commute and island access?
North Merritt Island uses the Beachline and the island causeways and bridges, some of which have been under rehabilitation. Test your real commute at your real departure time, since bridge work affects travel.
Is now a good time to buy here?
It depends on the specific home, its lot and waterfront, and the flood and insurance picture. We pull live inventory and comps so you can judge value on the actual property and the full carrying cost.
Do I need my own agent to buy here?
Yes. The listing agent works for the seller. Your own agent confirms the HOA and any amenity status, pulls the flood zone and insurance, comps the lot and any waterfront, and negotiates for you. Momentum Realty represents you, not the seller.
You want an established single-family setting on north Merritt IslandExcellent fit
You value proximity to the Indian River and the island lifestyleExcellent fit
You are interested in a possible racquet or shared amenity, confirmed in writingExcellent fit
You will read the flood zone, insurance and HOA picture per parcelExcellent fit
You want island access to the Beachline, the beaches and the space coastExcellent fit
You want brand-new construction with builder warrantiesProbably not
You will not underwrite flood and wind insurance on an islandProbably not
You need a confirmed, actively maintained tennis facility before offeringProbably not
You want a turnkey gated master plan with full resort amenitiesProbably not
You want the lowest possible monthly carry with no insurance complexityProbably not

Get the inside read on River Island Raquette Club

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your River Island Raquette Club 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 River Island Raquette Club 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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