Riviera Isles in Merritt Island

Riviera Isles
Homes for Sale in Merritt Island, FL

All 210 homes for sale in Merritt Island, FL · median $517,450 · 111 homes for sale in 32952 · Brevard County homes for sale

Community in Merritt Island · Brevard County · ZIP 32952
59 homesBuilt 1966–2016Median sale $720K
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Live Market Pulse
30/100
Market Heat
Cooler than normal
2013 → 2026 · 83 at the 2022 peak
0 is Riviera Isles's coldest market since 2013, 100 its hottest. Today: 30. How it's scored

Photo via Space Coast MLS

Built fromLive Space Coast MLS data21 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Riviera Isles in Merritt Island, FL has 4 homes for sale and 1 pending, asking from $449,000 to $715,000 (median $550,000). Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $720,000, $304 per square foot, a median 58 days on market, sellers accepting 90% of original asking (+6% versus the prior year). Homes listed or recently sold were built 1964–1989; 5 listings state no HOA; none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 5 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $11,230 ($10,610 with the full homestead exemption).

Riviera Isles key facts
LocationMerritt Island, Brevard County, FL · ZIP 32952, 32953
Homes in the community59 (FL DOR 2025 assessment roll)
Years built1966–2016 (median 1974.0)
Typical living area2,561 sq ft (median)
Home types (current listings and sales)single-family 100%
Sale prices, last 12 months$720,000 median across 4 closed sales · $304 per sq ft · +5.5% vs the prior 12 months
Days on market (closed sales)58 median
For sale right now3 active, 1 pending · median asking $550,000 · 9.0 months of supply
Owner-occupied (homestead) share63%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Riviera Isles key facts,” movewithmomentum.com/neighborhoods/riviera-isles, data as of September 20, 2026.

Live · Riviera Isles Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$720K ▲
Median sold · 12 mo
up 5.5% vs the prior 12 months
+5.5% ▲
1-yr price change
n = 4 and 4 sales in the two windows
$304/sf
Sold $/sqft · 12 mo
peak $413 in 2023
89.9%
Sale vs ask
+264%
T12M median vs 2012
from a $198K median in 2012
Tempo
9.0mo
Supply
3 to 6 months is the balanced band
59days
Median DOM · closed
2 days at the 2022 low
25%
Under contract
Brevard: 26% (1,477 of 5,609)
3 · 1
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
63%
Owner-occupied · Riviera Isles
38 of 60 parcels homesteaded (FL DOR 2025)
37%
Non-owner-occupied · Riviera Isles
incl. 23% trust or LLC-held · 10% out-of-state
59
Homes in the community
plus 1 vacant residential lots · 60 residential parcels (FL DOR 2025)
Track record · 21 years of records
3
Recorded sales · 2024-2025
median $639K · qualified sales on the county roll (FL DOR 2025)
Est. 1966
Community established
homes built 1966-2016, median 1974 (FL DOR 2025)
2,494sqft
Median sold home size
12-mo windows, closed sales
6.8%/yr
Turnover rate
about 4 of 59 homes trade a year

Homes For Sale Right Now in Riviera Isles

Live MLS inventory for Riviera Isles. 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.

Active and pending Riviera Isles listings as of 2026-09-23, priced high to low. Based on information from the Space Coast MLS for the period 2005 through 2026. Tap any home to ask about it.

Every Home for Sale in Riviera Isles Right Now (4)

All 4 active and pending Riviera Isles listings with a detail page, newest first, refreshed twice a day from the MLS.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Riviera Isles in Merritt Island carries a median of $745,000 at roughly $319 per square foot, and the price story here is driven by the homes themselves rather than any shared amenity package. With no community amenities identified in current MLS listings, what you are paying for is the house, the lot, and the location on Merritt Island — condition and setting do the heavy lifting on value.

Median days on market sits at just under 60, which is a slower, more deliberate pace than the frenzied end of the cycle. For sellers that means pricing to condition and being patient; for buyers it means there is usually room to inspect, think, and negotiate rather than decide overnight.

Riviera Isles Housing Pulse · Momentum Research · as of September 20, 2026

Riviera Isles right now

🟢 Buyer-leaning market. 9.0 months of supply and 25% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 20, 2026. Confidence: Medium (4 active and pending listings, 4 closed sales in 12 months).

🟡 Still climbing. The trailing-12-month median ($720K) is up 5.5% from the prior 12 months ($682K) and up 264% since 2012. With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending September 20. Confidence: Low (4 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 24, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Riviera Isles market snapshot (as of September 20, 2026): the median sale price is about $720K ($304 per sq ft over the trailing 12 months of closed sales), a median 59 days on market for closed sales, and 9.0 months of supply, a buyer-leaning market. The trailing-12-month median is up 6% from the prior 12 months and up 264% since 2012, computed from record-level Space Coast MLS closed sales (4 closings in the current window).

In ZIP 32952 (Merritt Island), 261 homes closed in the last 12 months at a median of $327K ($237/sq ft), down 1.5% year over year, with a median 50 days on market. Right now 49 active and 15 pending listings put supply at about 5.6 months — a buyer's market. See the live ZIP 32952 housing market and the Brevard County market.

County records show 3 qualified sales in Riviera Isles across 2024–2025 (1 in 2024, 2 in 2025), median $639,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Riviera Isles is a community of 59 homes in Merritt Island, Brevard County, built between 1966 and 2016 (median 1974.0), with a median living area of about 2,561 square feet. 63% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a per-home market in the heart of Brevard County — value tracks the individual property and its setting, not a clubhouse or gated feature set, so two similar-sized homes here can price very differently based on condition and updates.

Best for

  • Buyers with a budget in the mid-$700s seeking a detached home on Merritt Island
  • Patient buyers who want time to inspect and negotiate rather than bid fast
  • Owners planning to update or renovate, since condition drives value here

Probably not for

  • Amenity-seekers wanting a clubhouse, pool, or gated community features
  • Buyers needing a quick, turnkey close in a fast-moving market
  • Anyone whose budget cannot support a home near the $745,000 median

Windows contain 4 to 8 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2005 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$400K$600K20122014201620182020202220242026
Up 5.5% year over year; up 264% since 2012.
Every sale since 2005 · price vs size
$0$500K$1M$1.5M2k4k
112 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$300$40020122014201620182020202220242026
Up from $126 in 2012 to a $413 peak in 2023; $304 now.
Median days on market · closed sales
05010020122014201620182020202220242026
2 days at the 2022 low; 59 now.
Sale price vs original ask · median
85%90%95%100%20122014201620182020202220242026
89.9% now.
Homes sold per 12-mo window
025820122014201620182020202220242026
4 to 8 a year; 4 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
83 at the 2022 peak, 25 in the troughs, 30 now. Same score as the hero card, full history.
How much local inventory is already under contract

23% of homes for sale in ZIP 32952 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-23).

Riviera Isles Market Scorecard

Buyer-leaning

Riviera Isles is currently a buyer-leaning market. About 9.0 months of supply, a median asking price of $550,000.

9.0
Months supply
$550,000
Median list
$720,000
Median sold
$281
List $/sqft
4/1/4
Active/Pend/Sold

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

Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Audubon · Elementary
  • Jefferson · Middle
  • Merritt Island · High

Zoned schools reflect the assignments reported on recent Riviera Isles listings and can change; always confirm with Brevard County Public Schools for a specific address.

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

If we were buying in Riviera Isles today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Riviera Isles.

Best Buy
Buyers who want a single-family home on Merritt Island and value the house and lot over shared amenities.
Biggest Risk
With no shared amenities and few recent closings, value hinges entirely on the individual home.
Sweet Spot
A well-updated home priced honestly to its condition near the median.
Avoid If
You want a gated, amenity-rich community with pools and shared facilities.

A condition-driven market with a long runway behind it

Prices in Riviera Isles are up 203% since 2012, so the long-term trajectory has been steep. That history matters for context, but it is not a forecast — recent posture is what should guide today's decision, and that posture is measured, with a median close to two months on market.

Because there are no shared amenities to standardize value, the spread between listings comes down to the homes: updates, square footage, and how the lot sits. Buyers should underwrite each property on its own merits, and sellers should expect that condition and presentation will separate a quick contract from a listing that lingers.

“

The location and the amenities are priced into every listing in Riviera Isles. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.6C · Buy Score
Long-Term Appreciation10.0/10
Recent Direction7.4/10
Liquidity & Demand1.0/10
Owner Commitment6.3/10
Pricing Power3.3/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (5.6). Basis: Long-Term Appreciation +264% since 2012; Recent Direction +5.5% year-over-year; Liquidity & Demand 9.0 months of supply; Owner Commitment 63% owner-occupied; Pricing Power 89.9% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this condition-sensitive and this thin on comparable sales, pricing and negotiation are everything. We read each home against the current $745,000 median and the near-60-day pace so you are not overpaying on the buy side or chasing the market down on the sell side — and we tell you plainly when a specific property does not pencil out.

Riviera Isles in 15 seconds.

Best forBuyers who want a single-family home on Merritt Island and value the house and lot over shared amenities.
Biggest advantageA slower, negotiable pace that gives buyers time to inspect and think.
Biggest riskWith no shared amenities and few recent closings, value hinges entirely on the individual home.
Sweet spotA well-updated home priced honestly to its condition near the median.
Avoid ifYou want a gated, amenity-rich community with pools and shared facilities.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Riviera Isles homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Riviera Isles.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Riviera Isles sales matched to your home.

What is your Riviera Isles home worth?

Get a no-obligation home value based on real comparable sales in Riviera Isles, 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 →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Riviera Isles?
The median sale price in Riviera Isles was $720K over the 12 months ending September 20, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Riviera Isles take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 59 days on market (4 sales, Space Coast MLS).
Is Riviera Isles a buyer's or seller's market right now?
As of September 20, 2026, Riviera Isles leans toward buyers: 9.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Riviera Isles?
The Florida DOR 2025 assessment roll shows 59 homes plus 1 vacant residential lots in Riviera Isles (public records).
What share of Riviera Isles is owner-occupied?
63% of Riviera Isles parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Riviera Isles built?
Homes in Riviera Isles were built between 1966 and 2016, with a median year built of 1974.0 (FL DOR 2025 roll).
Have Riviera Isles home prices gone up?
The trailing-12-month median is up 264% since 2012, from $198K to $720K (Space Coast MLS closed records).
Who is the best real estate agent for Riviera Isles?
The best agent for Riviera Isles is one who actively works Merritt Island and knows the community's pricing, fees, 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 Riviera Isles.
How do I find a top Merritt Island real estate agent who knows Riviera Isles?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Riviera Isles and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Riviera Isles?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Riviera Isles purchase or sale - no call center and no pressure.
Where is Riviera Isles, and what county is it in?
Riviera Isles is in Merritt Island, Brevard County, FL, ZIP codes 32952, 32953. The community's center is about 3 miles north of the center of Merritt Island (straight-line).
Buyers with a budget in the mid-$700s seeking a detached home on Merritt IslandExcellent fit
Patient buyers who want time to inspect and negotiate rather than bid fastExcellent fit
Owners planning to update or renovate, since condition drives value hereExcellent fit
Amenity-seekers wanting a clubhouse, pool, or gated community featuresProbably not
Buyers needing a quick, turnkey close in a fast-moving marketProbably not
Anyone whose budget cannot support a home near the $745,000 medianProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 23, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32952/32953))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2005 (112 transactions analyzed)

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.

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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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Nearby Communities

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Thinking of selling in Riviera Isles? 4 recorded closings; median 58 days on market (window ending 2026-09-20). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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