Riviera Terrace
Homes for Sale in Jacksonville, FL
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of REAL BROKER LLC · via realMLS
Price in Riviera Terrace is driven by condition and the individual home, not by a tidy market ceiling. The median sits at $335,000, roughly $192 per square foot, and around that median you will see a wide spread depending on how much work a house needs. Treat the median as a reference point, not a rule.
The posture right now favors patient buyers. With a median of 149 days on market, homes here are sitting, which gives buyers room to negotiate and inspect without pressure. Sellers should price to the current reality and expect the process to take time; a home priced to the last optimistic comp will likely sit longer than the neighborhood median already suggests.
Figures in this note are as of July 12, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Riviera Terrace is a slow-moving pocket of Jacksonville's Duval County where the days-on-market number tells the real story: this is a place where buyers set the pace and pricing discipline matters more than list-day enthusiasm.
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 Riviera Terrace. Swipe to explore the community.
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Riviera TerracePhotos from realMLS listings in Riviera Terrace; content deemed reliable but not guaranteed.
Who Riviera Terrace is best for.
Best for
- Buyers who want time to inspect and negotiate rather than compete on speed
- Buyers targeting a purchase near or below the $335,000 median with a clear condition assessment
- Buyers comfortable renovating and holding for the long term
Probably not for
- Buyers who need to close and resell quickly
- Buyers who want a deep, liquid pool of comparable recent sales for certainty
- Buyers unwilling to underwrite a home on its individual condition
The market around Riviera Terrace
Riviera Terrace is too small for its own price trend, so here is the market around it.
In ZIP 32211, 138 homes are on the market and 22% are under contract — a steady corner of Jacksonville.
Across Duval County, 4,343 homes are active and 1,482 pending (25% under contract).
ZIP and county figures describe the wider market, not Riviera Terrace specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Riviera Terrace, Jacksonville
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
The Riviera Terrace buying strategy.
If we were buying in Riviera Terrace 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 Riviera Terrace.
A market that rewards patience
The headline figure here is time, not price. A median of 149 days on market is long by any measure, and it changes how both sides should behave. Buyers can take a second look, order the inspection, and structure an offer around what the home actually needs rather than what the seller hoped for.
The closings sample is thin — this snapshot rests on a three-closing window — so treat the median price and per-square-foot figures as directional rather than precise. In a low-volume pocket, a single well-renovated or heavily deferred home can pull the numbers around. The practical takeaway is to underwrite each house on its own condition and comps, not on the neighborhood average alone.
The location and the amenities are priced into every listing in Riviera Terrace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A low-volume, slow-selling market is exactly where local read matters most. With only a handful of recent closings to anchor a value, we walk each property on its own merits, tell you when a listing has been sitting for a reason, and build negotiating strategy around the long days-on-market instead of ignoring it.
Riviera Terrace in 15 seconds.
Tools for a Riviera Terrace 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 Riviera Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Riviera Terrace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Riviera Terrace home worth?
Get a no-obligation home value based on real comparable sales in Riviera Terrace, 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 Riviera Terrace on the map →
Recent Developments in Riviera Terrace
Development, infrastructure, retail, and school activity affecting Riviera Terrace, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Development
Downtown board backs $49M incentive for 31-story Fleet Landing Riverside tower
The Downtown Investment Authority voted 7-0 on Oct. 21 to advance a $49.27 million, 20-year, 75% Recapture Enhanced Value Grant for Fleet Landing Riverside. The 31-story senior living tower is proposed at 111 Riverside Ave., the former Haskell headquarters site in Brooklyn. The item now goes to City Council.
What it may mean for the marketA large residential tower on the Riverside Avenue corridor would add construction activity and daily foot traffic to Brooklyn and the nearby Northbank, supporting nearby retail and dining demand. The site is about 5 miles west of Riviera Terrace.
Source: Jacksonville Today - October 2026Civic
Sheriff's Office moves into new Brooklyn headquarters, leaving East Bay Street building's future open
The Jacksonville Sheriff's Office showed its new headquarters at 532 Riverside Ave., a former Florida Blue building. It occupies about 346,000 square feet on 11 of 19 floors, and leasing plus renovation cost more than $20 million per the mayor. The 1974 Police Memorial Building at 501 E. Bay St. is left for the city to reuse or demolish.
What it may mean for the marketA large public tenant anchoring Riverside Avenue adds weekday activity in Brooklyn, while the vacated Bay Street building raises a redevelopment question for the east end of downtown. The site is about 5 miles west of Riviera Terrace.
Source: Jacksonville Today - October 2026Market
Northeast Florida home sales dip in September as inventory tightens
Closed sales across the six-county Northeast Florida Association of Realtors area fell 7.7% year over year to 1,608, with the median price at $398,566, up 2.8%. Active inventory dropped 18.4% to 6,348 homes. Median prices were $344,000 in Duval, $575,000 in St. Johns, $355,000 in Clay and $496,500 in Nassau.
What it may mean for the marketLower inventory with softer sales volume points to a thinner supply of listings across all four counties, with Clay the only one of the four showing a year-over-year price decline. The site is about 4 miles west of Riviera Terrace.
Source: Clay Today - October 2026Development
FSCJ opens large automated semiconductor training lab, a first for Florida
Florida State College at Jacksonville has built a fully automated lab it describes as the first of its kind in Florida for its size. Students train on electrical, robotics, mechatronics, AI inspection and control systems used in chip manufacturing. The college says it aims to help draw semiconductor companies to Northeast Florida and prepare workers for local manufacturers.
What it may mean for the marketA regional technical-training pipeline can support recruitment of advanced manufacturers, which would widen the local employment base. The site is about 4 miles west of Riviera Terrace.
Source: News4JAX - October 2026Retail & Dining
Council committee defers vote on incentives for Downtown Publix at 119 W. Beaver St.
The Finance Committee deferred a $49.65 million incentive package for Gateway Jax's $140.15 million high-rise anchored by a Publix at 119 W. Beaver St. The tower is planned with 259 apartments and about 400 parking spaces. The committee is scheduled to revisit the bill Nov. 4, the day after the Amendment 3 vote.
What it may mean for the marketThe timing of the first full-size grocery store in the Downtown core depends on the incentive vote, affecting nearby retail access. The site is about 4 miles west of Riviera Terrace.
Source: Jacksonville Today - September 2026Development
Gateway Jax seeks more than $70 million in city incentives for Riverfront Plaza tower and Hotel Merrydelle
Gateway Jax is requesting about $55.4 million in incentives for a 17-story, roughly $271.5 million Riverfront Plaza tower with 130 to 170 hotel rooms and 50 to 150 residences on Independent Drive. It also seeks a $15 million loan for the nearly $50 million renovation of the former Ambassador Hotel at 420 Julia Street. The Downtown Investment Authority board votes Sept. 16 and City Council has the final say.
What it may mean for the marketIf approved, the projects would add hotel rooms, residences and restaurants along the Downtown riverfront. The site is about 4 miles west of Riviera Terrace.
Source: Jacksonville Today
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.
Frequently Asked Questions
How many homes are in Riviera Terrace?
What share of Riviera Terrace is owner-occupied?
When were the homes in Riviera Terrace built?
Who is the best real estate agent for Riviera Terrace?
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Should you buy in Riviera Terrace?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Riviera Terrace with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: September 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32211)) |
| Under-contract shares | realMLS records, as of 2026-11-12 |
| Historical depth | Closed-sale records back to 2011 (23 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 realMLS 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 listings in Northeast Florida sold at 99.1% of final list price vs. 98.6% for the market, in a median 31 days vs. 41 (realMLS, 12 months to Nov 2026). A Momentum agent can price yours against live local comps.
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