Riverwood Village Homes for Sale in South Daytona, FL

Established 1988 · Intracoastal West · ZIP 32224

An affordable townhome-style condo on Reed Canal Road in South Daytona, a pool and gym community minutes from the river and a short drive to the beach.

Townhome-style condosPool and gymAffordable mainland

Live Market Pulse

44/100
Momentum

Buyer-Leaning Market (limited data)

Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.

Free · No obligation

Unlock Off-Market Riverwood Village

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

Built fromLive DBAAR data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseDBAAR

$124K

Median Price

8mo

Supply

128days

Avg DOM

Soft

Seller Leverage

$122/sf

Median $/Sqft

+10%

1-Yr Price Change

0now

Distress

Jon's Current Read

"Riverwood Village is a 1980s townhome-style condo community on Reed Canal Road in South Daytona, a small mainland city on the west bank of the Halifax River, where the units are two-story with in-unit laundry and the community has a pool and a gym. The read is affordability-and-convenience: one of the lower-cost ways into a townhome-style home near the river, the beach, and the airport, with renovated units available after a 2020 update wave. The trade is an older community with under-documented dues, a loose rental rule, and a Reed Canal location where the city has been investing heavily in stormwater, so the budget and the flood check are the homework."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Riverwood Village market snapshot (as of June 25, 2026): the median sale price is about $124K ($122 per sq ft), with homes averaging 128 days on market and 8.0 months of supply, a buyer-leaning market (limited data). Values are up 10% over the past year and up 70% since 2012, based on 3 recent closings in live Daytona-area MLS data.

Riverwood Village is a condominium community at 480 Reed Canal Road in South Daytona, Volusia County, built in 1986, with a renovation wave reported around 2020 (daytona-condos.com and LoopNet, 2025 to 2026). The units are two-story, townhome-style, in buildings of four to five units, each about 1,024 square feet with two bedrooms and one and a half or two baths. Sources differ on the total unit count, with a community figure around 60 and a smaller investor sub-portfolio figure of 22; confirm the exact count with the association or county records.

This is an interior mainland location, not waterfront. The community sits on Reed Canal Road a short distance from the Halifax River and US-1, roughly a ten minute drive to the Atlantic beaches (daytona-condos.com, 2026). The draw is affordability and convenience rather than a water view.

Amenities include a community pool, a fitness room, in-unit stackable laundry, reserved parking in front of each unit, and a pet policy allowing two pets up to about 25 pounds (daytona-condos.com and Trulia, 2026). The community is not age-restricted. Reported HOA dues are not reliably documented: an older figure of about $180 per month dates to 2016, and a more recent aggregator range of roughly $400 to $465 per month carries no firm date, so confirm the current dues with the manager.

The rental rule is loose: one source reports no enforceable association minimum, with the city preferring but not requiring a six month minimum, though the association posted updated rules in late 2025 that may have changed this (daytona-condos.com, 2026). Pricing is at the affordable end, with recent active listings generally in the high $130,000s to around $150,000 (Highrises and Realtor.com, 2026). Confirm both the current dues and the current rental rule before you rely on them.

Quick Match

Who Riverwood Village is best for.

Best for

Buyers who want an affordable townhome-style condo near the river, the beach, and the airport
Owner-occupants and investors who value a pool, gym, and in-unit laundry at a low entry price
Buyers comfortable with an older community after a renovation wave

Probably not for

Buyers who want a waterfront or new-construction home
Anyone who needs a confirmed, enforceable rental minimum before buying
Buyers unwilling to verify the current dues and the Reed Canal flood picture

Market Pulse

How Riverwood Village is performing right now

44/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

8Months of supplytight

127Median days on marketdays

0 : 2Under contract vs for salestrong demand

3Sold in last 12 monthsliquidity

+70%Median price since 2012appreciation

+14%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 DBAAR, as of June 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Riverwood Village listings and the trailing twelve months of closed sales.

Where prices are going$74K2026 YTD

Median sale price by year. Tap a label to compare Halifax Landing or South Daytona. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$732026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now2 : 0active : pending

For sale2

Pending0

Sold 12mo3

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Riverwood Village buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Riverwood Village

Live MLS inventory for Riverwood Village. 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.

480 Reed Canal Road home for sale in Riverwood Village

Active · 26 daysTop listing

$145,000

2 bd · 1.5 ba · 1,024 sqft · built 1986

480 Reed Canal Road, South Daytona, 32119

Strong resaleRenovatedLakefront

Listed by Beycome of Florida LLC

480 Reed Canal Road #13 home for sale in Riverwood Village

Active · 229 days

$139,500

2 bd · 2 ba · 1,024 sqft · built 1986

480 Reed Canal Road #13, South Daytona, 32119

Reno opportunityBest value

Listed by Home One Realty LLC

Interactive Map

Riverwood Village on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

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

Nearby & Commute

How far is everything?

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Drive times from Riverwood Village. They are approximate and vary with traffic and your exact start point.

Atlantic Ocean beach~10 min · east over the bridge

Halifax River~5 min walk · a short distance east

Reed Canal Park~2 min · same road corridor

Daytona Beach International Airport (DAB)~11 min · about 6 miles

Interstate 95~10 min · via Beville Rd

Downtown Daytona Beach~8 min · north on US-1

Orlando~60 to 75 min · about 60 miles southwest

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Riverwood Village Homes for Sale in South Daytona, FL with Momentum Realty’s local guides.

Beulah Manor Homes for Sale in South Daytona, FLSouth Daytona, FL · adjacent

Big Tree Meadows Homes for Sale in South Daytona, FLSouth Daytona, FL · 0.1 mi

Coventry Forest Homes for Sale in South Daytona, FLSouth Daytona, FL · 0.1 mi

Harborside Homes for Sale in South Daytona, FLSouth Daytona, FL · 0.1 mi

Intracoastal Homes in South Daytona, FLSouth Daytona, FL · 0.1 mi

Palm Grove Homes for Sale in South Daytona, FLSouth Daytona, FL · 0.1 mi

River Golf Townhouses Homes for Sale in South Daytona, FLSouth Daytona, FL · 0.1 mi

West Winds Homes for Sale in South Daytona, FLSouth Daytona, FL · 0.1 mi

Alto Pino Homes for Sale in South Daytona, FLSouth Daytona, FL · 0.1 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

Riverwood Village (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

Volusia 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

Riverwood Village is served by Volusia 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 Riverwood Village address.

The takeaway

What is actually moving near Riverwood Village, sourced and dated. We do not publish rumor.

Recent Developments in Riverwood Village

Development Intelligence

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

Net OutlookBullishThe defining local story is a multimillion-dollar South Daytona stormwater program centered on Reed Canal, which aims to reduce flooding in the corridor where this community sits.

South Daytona Reed Canal stormwater program

BullishThe City is widening and deepening the Reed Canal stormwater pond and upgrading drainage in its first large-scale flood project, directly in this corridor. impact

SignificanceRadius: Reed Canal corridor

South Daytona Reed Canal stormwater program

US-1 riverfront redevelopment (stalled)

NeutralTwo long-discussed riverfront redevelopment projects along US-1 in South Daytona have stalled on financing, so amenity upside is uncertain. impact

SignificanceRadius: US-1 / Halifax River

US-1 riverfront redevelopment (stalled)

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 Riverwood Village, 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 ↓

2025
Resilience
South Daytona expands Reed Canal stormwater pond
In June 2025, South Daytona advanced a large-scale drainage project to widen and deepen the Reed Canal stormwater pond and fix canals draining to the Halifax River, part of more than 12 million dollars in stormwater work. Why it matters: Major stormwater investment in the Reed Canal corridor is a measured positive for a community on that road, though it underscores the area's flood history. Source
2025
Redevelopment
South Daytona seeks US-1 riverfront development
In early 2025, South Daytona reported it was still working to advance two stalled US-1 riverfront projects and attract restaurants along the Ridgewood Avenue corridor. Why it matters: Riverfront redevelopment would add amenity nearby if it proceeds, but the projects remain uncertain. Source

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.

The Strategy

The Riverwood Village buying strategy.

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

Confirm the current dues and what they cover. Reported figures are stale or undated (about $180 in 2016, or a $400 to $465 aggregator range); get the current dues and the inclusion list from the manager before you offer.

Check the late-2025 rules update. The association posted updated rules in September 2025; confirm the current rental minimum and any restrictions, which may differ from older reports.

Pull the FEMA flood zone for the parcel. This is the Reed Canal corridor, where the city is investing heavily in stormwater; verify the zone at msc.fema.gov and get an insurance quote.

Read the reserve study. On a 1986 community, confirm the reserve funding and any planned assessments before you write.

Comp within the community and South Daytona. Price off recent same-size Riverwood Village sales and nearby South Daytona condos, not against Daytona Beach product.

The Quick Decision

Best Buy

A renovated two-bedroom townhome-style unit with a healthy association budget, priced off recent Riverwood Village comps.

Biggest Risk

Under-documented dues, a loose or recently changed rental rule, and Reed Canal flood exposure.

Best Lot

There is no lot premium; condition, the renovation, and the building within the community drive the spread.

Smart Timing

Affordable South Daytona condos trade at steady, modest volume; a prepared, pre-approved buyer has an edge (Highrises and Trulia data, 2026).

Deep-Dive Intelligence

The full read, only if you want it.

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

Riverwood Village is a condominium community at 480 Reed Canal Road in South Daytona, Volusia County, built in 1986 with a renovation wave reported around 2020 (daytona-condos.com and LoopNet, 2025 to 2026). The units are two-story, townhome-style, in buildings of four to five units, each about 1,024 square feet with two bedrooms, served by a community pool, a fitness room, in-unit laundry, and reserved parking. It is an interior mainland location on Reed Canal Road, a short distance from the Halifax River and roughly a ten minute drive to the beach. It is not age-restricted, and the current dues and rental rule should be confirmed with the manager.

Riverwood Village Homes For Sale

What your money buys in Riverwood Village.

The takeaway

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

Here are the broad resale bands in Riverwood Village today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: original-condition unit

$107K to $124K

The value tier: an original or lightly updated two-bedroom townhome-style unit. Recent neighborhood data put closed prices in the low-to-mid $120,000s, with some older sales lower (Neighborhoods.com aggregate, 2026). Verify the dues and reserve study before you write.

Lowest entry

Mid: updated two-bedroom

$124K to $130K

A renovated unit with newer kitchen, baths, and finishes after the 2020 update wave, the core of current inventory. Recent active listings have run in the high $130,000s to around $150,000 (Highrises and Realtor.com, 2026). Price off the closest updated comparable.

Most inventory

High: best-renovated or best-positioned unit

$130K to $130K

The most updated units or those best positioned within the community, at the top of the active range around $150,000 (Highrises, 2026). Even at the top this is among the lower entry prices in the area; confirm the current dues for the specific unit.

Strongest resale

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

See Off-Market & Private Listings

What Your Money Buys

What ~$124K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$107K to $124K

Entry: original-condition unit

$124K to $130K

Mid: updated two-bedroom

$130K to $130K

High: best-renovated or best-positioned unit

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

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Riverwood Village, condition, lot, and the renovation math, read from current listings and recent sales.

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

Proprietary Data

The renovation premium.

Updated homes ask about 4% more per square foot than original-condition homes, and they tend to sell faster. In an all-resale market, condition is the single biggest swing in value, which is why reading the renovation math is the whole game.

Asking price per square foot

Renovated$142

Original$136

Median days on market

Renovated26

Original229

From current Riverwood Village listings (renovated 1, original 1); condition inferred from listing descriptions, asking not closed figures. The exact number depends on a specific home's updates, lot, and view, which is the read we do before you offer.

Operator Note

The trap here is a beautifully staged original-condition home. Staging is cheap; a roof, HVAC, and a full modernization are not. We price the real renovation before you fall for the listing photos, because in an all-resale market that number is the difference between a deal and the most expensive house on the street.

Unit Value

The unit premium.

In a condo the value the market gives back at resale is set by the unit, not a lot: the floor, the view line (direct versus partial), and the exposure. The interior can be renovated, but the floor and view cannot, so higher floors and better views hold their value better. How much more they command varies by building, line, and condition, which is why we read it unit by unit against real comparable sales rather than a single headline figure.

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.

Resale Strength Scorecard

How well Riverwood Village holds value.

Our read on the factors that protect resale here, and the one to manage.

No CDD on the tax billStrong

Central Intracoastal West locationStrong

Scarce golf and lake homesitesStrong

$30M club reinvestment to 2028Positive

All-resale 1990s conditionManage it

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

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 Riverwood Village

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.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Riverwood Village sells an affordable townhome-style home near the river and the beach. The deal is found in the current dues, the reserve study, and the Reed Canal flood check, plus buying a renovated unit, not in the lowest sticker.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

6.3C+ · Buy Score

Resale Strength6.2/10

Renovation Risk5.8/10

Location Efficiency7.2/10

Long-Term Defensibility6.0/10

Carrying Cost Advantage6.4/10

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.

Momentum Housing Intelligence

Why our read on Riverwood Village is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live DBAAR 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 DBAAR 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.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Unit Value Map

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 DBAAR; for orientation, not an appraisal.

15-Second Take

There is no lot premium here; condition, the renovation, and the building drive the spread.
A renovated unit holds a clear premium over an original one; comp like-for-like.
The association's financial health and the flood picture are the real value drivers.

At Riverwood Village, there is no lot premium or water view to price, so value comes from condition, the 2020-era renovation, the specific building within the community, and the health of the association. A renovated unit holds a clear premium over an original one of the same size, and a community with funded reserves and a clear flood picture protects resale better than the cheapest available unit with budget questions. Comp like-for-like on size and condition, and weigh the current dues, the reserve study, and the Reed Canal flood zone as part of the price.

The 15-Second Verdict

Riverwood Village in 15 seconds.

Best forBuyers who want an affordable townhome-style condo near the river, the beach, and the airport, with a pool and gym.

Strong onValue and convenience: a low entry price, in-unit laundry, reserved parking, and a renovation wave behind it.

WatchUnder-documented dues, a loose or recently changed rental rule, and Reed Canal flood exposure.

Not forBuyers who want a waterfront or new-construction home, or a confirmed enforceable rental minimum.

The edgeCity stormwater investment in the corridor and a renovation wave give a prepared buyer a value entry with upside.

HOA, CDD & Fees

15-Second Take

The published dues figures are stale or undated; get the current number from the manager.
On a 1986 community the reserve study is the number that matters; read it.
The rental rule is loose and was updated in late 2025; confirm the current minimum.

Reported dues are not reliably documented: an older figure of about $180 per month dates to 2016, and an aggregator range of roughly $400 to $465 per month carries no firm date (daytona-condos.com and Neighborhoods.com, 2026). Confirm the current dues and billing for the specific unit with the manager, Tyler Properties, before you rely on a figure.

What the dues cover is not itemized in public sources; confirm the inclusion list in writing with the manager. Older 1980s communities typically bundle exterior and common-area maintenance, but verify for this association.

Run Your Numbers

Tools for a Riverwood Village buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxVolusia County millage and the homestead picture.Rent vs buyThe breakeven on owning in Riverwood Village.Save Our HomesProject your homestead tax cap over time.

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.

Selling in Riverwood Village

Thinking of selling at Riverwood Village?

Your buyer is a value buyer cross-shopping affordable South Daytona condos, so sell what is specific: the renovation, the in-unit laundry and reserved parking, the exact current dues, and the easy run to the river, beach, and airport.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across the Jacksonville metro 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 the Jacksonville metro average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Riverwood Village, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Halifax 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 Riverwood Village home worth?

Get a no-obligation home value based on real comparable sales in Riverwood Village 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 Riverwood Village on the map →

Real comps, not a Zestimate.

The real cost & risk here

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

$1,789/mo

Volusia County typical true cost to own

$151/mo

Volusia County typical home insurance

Check CDD

Confirm before you offer

Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Volusia 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.

Riverwood Village Market Scorecard

Buyer-Leaning Market (limited data)

Riverwood Village is currently a buyer-leaning market (limited data). About 8.0 months of supply, a median asking price of $142,250, and homes go under contract in about 132.5 days.

8.0

Months supply

$142,250

Median list

$124,500

Median sold

$122

Per sqft

132.5

Days on mkt

2/0/3

Active/Pend/Sold

Typical home value in the 32119 ZIP is $246,215, about 7.8% below the Florida norm (Zillow Home Value Index).

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

Frequently Asked Questions

Where is Riverwood Village?

It is at 480 Reed Canal Road in South Daytona, Volusia County, on the mainland west bank of the Halifax River (daytona-condos.com, 2026). It is South Daytona, not Daytona Beach, and it is interior, not waterfront.

When was it built and what are the units like?

It was built in 1986, with a renovation wave reported around 2020. The units are two-story townhome-style homes of about 1,024 square feet with two bedrooms, in buildings of four to five units (daytona-condos.com and LoopNet, 2025 to 2026).

How many units are there?

Sources differ, with a community figure around 60 and a smaller investor sub-portfolio figure of 22 (daytona-condos.com and LoopNet, 2026). Confirm the exact count with the association or county records.

What are the HOA dues and what do they cover?

The dues are not reliably documented: an older figure of about $180 per month dates to 2016, and an aggregator range of roughly $400 to $465 per month carries no firm date (daytona-condos.com and Neighborhoods.com, 2026). Confirm the current dues and inclusions with the manager.

What is the minimum rental period?

One source reports no enforceable association minimum, with the city preferring but not requiring six months, but the association posted updated rules in September 2025 that may have changed this (daytona-condos.com, 2026). Confirm the current rental rule in writing before relying on it.

What amenities are there?

A community pool, a fitness room, in-unit stackable laundry, and reserved parking in front of each unit, with a pet policy allowing two pets up to about 25 pounds (daytona-condos.com and Trulia, 2026).

What does it cost to buy here?

Recent active listings have generally run in the high $130,000s to around $150,000, among the lower entry prices in the area (Highrises and Realtor.com, 2026). Confirm current pricing with an agent.

What schools serve the community?

The address falls in Volusia County Schools, with the pattern running toward South Daytona Elementary, Silver Sands Middle, and Mainland High School (Volusia County Schools, 2026). Verify current assignments by address with the district.

What is the flood situation?

The community is on Reed Canal Road, where the city has been investing heavily in stormwater to reduce flooding, which underscores real flood exposure in the corridor. Pull the FEMA zone for the specific parcel at msc.fema.gov and get an insurance quote before you buy (WFTV and City of South Daytona, 2025).

Is the area improving?

The city is widening and deepening the Reed Canal stormwater pond and pursuing US-1 riverfront redevelopment, though the redevelopment projects have stalled on financing (WFTV and Hometown News, 2025). The stormwater work is the more concrete near-term positive.

Is it the same as Riverwood Plantation in Daytona Beach?

No. Riverwood Village Condominium in South Daytona is distinct from the Riverwood Plantation single-family HOA in Daytona Beach. Use the full name and the South Daytona city to avoid confusion.

Do I need my own agent to buy here?

Yes. Your own agent gets the current dues and inclusions, reads the reserve study, confirms the post-2025 rental rule, pulls the Reed Canal flood zone, and comps the right South Daytona sales before you offer.

Who is the best real estate agent for Riverwood Village?

The best agent for Riverwood Village is one who actively works South Daytona and knows the community's pricing, HOA and CDD details, 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 Riverwood Village.

How do I find a top South Daytona real estate agent who knows Riverwood Village?

Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Riverwood Village and the wider South Daytona area.

Can Momentum Realty connect me with an agent for Riverwood Village?

Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Riverwood Village purchase or sale - no call center and no pressure.

The Verdict

Should you buy in Riverwood Village?

An honest fit check. We will tell you when it is not your community.

You want an affordable townhome-style condo near the river, the beach, and the airportExcellent fit

You value a pool, gym, and in-unit laundry at a low entry priceExcellent fit

You will confirm the current dues, the rental rule, and the flood zoneExcellent fit

You want a waterfront or new-construction homeProbably not

You need a confirmed enforceable rental minimum before buyingProbably not

You are not willing to verify the dues and the Reed Canal flood pictureProbably not

Get the inside read on Riverwood Village

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Riverwood Village 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.

You are all set.

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

Thinking about hiring an agent here? How to find the best real estate agent in Riverwood Village - what to look for, questions to ask, and your local expert.

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. © 2026 Daytona Beach Area Association of REALTORS®, Inc. Information deemed reliable but not guaranteed.

Riverwood Village Homes for Sale in South Daytona, FL

The 60-Second Overview

Who Riverwood Village is best for.

Best for

Probably not for

How Riverwood Village is performing right now

Homes For Sale Right Now in Riverwood Village

Riverwood Village on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Riverwood Village

South Daytona Reed Canal stormwater program

US-1 riverfront redevelopment (stalled)

South Daytona expands Reed Canal stormwater pond

South Daytona seeks US-1 riverfront development

The Riverwood Village buying strategy.

The full read, only if you want it.

What your money buys in Riverwood Village.

What ~$124K buys here.

Renovation & Resale Intelligence

The renovation premium.

The unit premium.

How well Riverwood Village holds value.

5 Mistakes Buyers Make in Riverwood Village

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Underbudgeting the carrying costs

Skipping the systems check

Momentum Buy Score.

Why our read on Riverwood Village is different.

Which Lots & Views Hold Value Best

Riverwood Village in 15 seconds.

HOA, CDD & Fees

Tools for a Riverwood Village buy.

Thinking of selling at Riverwood Village?

In Riverwood Village, condition and view decide your number

What is your Riverwood Village home worth?

Price History: What Homes Here Have Actually Sold For

The real cost & risk here

Riverwood Village Market Scorecard

Frequently Asked Questions

Should you buy in Riverwood Village?

Get the inside read on Riverwood Village

You are all set.

Need to sell fast in Duval County?

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

More South Daytona & Volusia County / Daytona Beach Area guides