Riverside
Homes for Sale in Merritt Island, FL

Riverside Replat Of is a compact Merritt Island subdivision with no shared amenities identified in current listings — this is a location-and-house proposition rather than a package deal, and value here is decided property by property.

Space Coast MLS sales records identify 54 homes in Riverside that have changed hands since 2004, built between 1964 and 1986 (median 1966), with a median living area of about 2,171 sq ft and a typical 4-bedroom, 2.5-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 5 qualified sales in Riverside across 2024–2025 (2 in 2024, 3 in 2025), median $650,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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.

Riverside is too small for its own price trend, so here is the market around it.

In ZIP 32903, 152 homes are on the market and 24% are under contract — a steady corner of Merritt Island.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

In ZIP 32903 (Merritt Island), 76 homes closed in the last 12 months at a median of $475K ($291/sq ft), up 1.6% year over year, with a median 56 days on market. Right now 22 active and 5 pending listings put supply at about 6.5 months — a buyer's market. See the live ZIP 32903 housing market and the Brevard County market.

ZIP and county figures describe the wider market, not Riverside specifically. Momentum Research analysis of MLS records.

The defining feature of this community right now is how little transacts in it. A narrow closings window means there is no reliable running rate to lean on, so the usual shortcuts — days-on-market averages, tidy price-per-foot bands — don't apply. Each home has to be evaluated as its own case: the condition, the updates done or deferred, and the specifics of the lot within Merritt Island.

There are no community amenities identified from current MLS listings, so you are buying the house and the location, not a clubhouse or shared facilities. That keeps carrying costs simpler and puts the emphasis where it belongs — on the structure itself and its position on Merritt Island. It also means the burden is on the buyer and their agent to build the value case from the ground up rather than relying on the market to price it for you.

In a low-activity subdivision, the wrong number cuts both ways — overprice and you sit, underprice and you leave money behind, and neither error gets corrected quickly when few homes trade. We work these pockets by underwriting the individual property and pulling comparable evidence from beyond the plat lines when the plat itself is too quiet to guide you, so you walk in with a defensible position rather than a guess.

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