River Island Raquette Club
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Coastal Life Properties LLC · via Space Coast MLS
River Island Raquette Club is a community in Merritt Island, Brevard County, FL. Across Merritt Island as a whole, 267 homes closed in the last 12 months at a median of $439,900, 49 median days on market, with 71 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,860 ($6,240 with the full homestead exemption).
Price here is driven by the house, not the community. With no amenities identified from current MLS listings and a housing stock built across a span from 1980 to 2006, what a home commands comes down to its condition, updates, and lot. The median living area of roughly 2,645 square feet points to substantial homes, so expect a wide spread depending on how much work a given property needs.
As of July 2026 there are zero active listings against 31 homes total, which tells you inventory is thin and turnover is quiet. A homestead share of about 77 percent reinforces that this is a hold-and-live neighborhood, not a churn of investor flips. For a buyer, that means patience and readiness to move when something surfaces; for a seller, it means a genuinely motivated, uncrowded field when you do list.
The 60-Second Overview
A small, established enclave of 31 homes in Merritt Island, built between 1980 and 2006, with a median around 2,645 square feet and no listings currently on the market.
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.
The setting & the homes.
Aerial and on-site photos of River Island Raquette Club. Swipe to explore the community.
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River Island Raquette ClubPhotos from Space Coast MLS listings in River Island Raquette Club; content deemed reliable but not guaranteed.
Who River Island Raquette Club is best for.
Best for
- Long-horizon buyers who want a sizable home in an established, owner-occupied enclave
- Buyers with flexible timing who can move quickly when a rare listing appears
- Owner-occupants prioritizing living space and location over shared amenities
Probably not for
- Buyers who need to close on a defined timeline and cannot wait for inventory
- Anyone wanting a clubhouse, pool, or other community facilities included
- Investors seeking frequent turnover or short-term flip opportunities
The market around River Island Raquette Club
River Island Raquette Club 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 River Island Raquette Club specifically. Momentum Research analysis of MLS records.
The River Island Raquette Club buying strategy.
If we were buying in River Island Raquette Club today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 River Island Raquette Club.
A tight, owner-held pocket
The number that defines this place is 31 homes. That is a finite pool, and with a homestead share near 77 percent, most of it is owner-occupied and rarely trades. The median year built of 1986 means the majority of these homes have some age on them, so the meaningful due diligence is on systems, roofs, and prior updates rather than on floor plans that all look alike.
The build range from 1980 to 2006 gives you variety within a small footprint, and the sizable median living area means these are not starter boxes. Because there are no community amenities pulled from current listings, buy for the house and the location, not for a clubhouse or shared facilities. The name references a raquette club, but treat any recreational feature as something to verify property by property rather than assume.
The location and the amenities are priced into every listing in River Island Raquette Club. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 31-home community with nothing currently active, the deals happen off the flow of normal search. We track who owns what, when homes here last changed hands, and how to position you to be first when one comes available. On the sell side, thin comparable data means pricing has to lean on condition and living area rather than a stack of recent sales, and that is exactly the kind of judgment call we handle directly.
River Island Raquette Club in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a River Island Raquette Club buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed River Island Raquette Club sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in River Island Raquette Club, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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, 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 all homes for sale in Merritt Island →
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
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.
River Island Raquette Club Market Scorecard
River Island Raquette Club is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32953 ZIP is $426,993, right around 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 River Island Raquette Club?
What share of River Island Raquette Club is owner-occupied?
When were the homes in River Island Raquette Club built?
Who is the best real estate agent for River Island Raquette Club?
How do I find a top Merritt Island real estate agent who knows River Island Raquette Club?
Can Momentum Realty connect me with an agent for River Island Raquette Club?
Should you buy in River Island Raquette Club?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near River Island Raquette Club with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space 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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See how River Island Raquette Club fits the bigger picture — live prices, inventory, and Momentum Scores: