Riverstone Homes for Sale

Riverstone is a luxury gated, waterfront, luxury community in Davie, Broward County, Florida. Properties are priced from $1,700,000 to $2,800,000. Pure Equity lists homes in Riverstone and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Riverstone and the Davie area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Riverstone Davie homes for sale as of October 2026. The median asking price is $2.0M. Asking prices run from $1.7M to $2.29M.

That is 426% above the Davie median of $380,000. On a per-foot basis, homes here ask about $431 per square foot, compared with $281 across Davie. So the median price buys roughly 4,650 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 163 days on the market. That is slower than the Davie average of 105 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Riverstone date from 2003 to 2005. That puts them between 21 and 23 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Riverstone is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Riverstone includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

At a median near $2.0M, Riverstone sits in the luxury tier of Davie. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Riverstone have a median asking rent of $14,000 per month, across 1 active rental listing. For comparison, the Davie median is $2,300, so rents here run 509% higher.

You can browse current Davie rentals or ask us for a rent estimate on a specific Riverstone home.

Here is what the median Riverstone price means in Florida closing terms. At $2.0M, a 20% down payment comes to about $399,000, leaving a loan near $1.6M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $5,586. Next, the intangible tax of 0.2% adds about $3,192. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Riverstone median, that is about $13,965.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Riverstone listings show assignments to Country Isles (elementary), Indian Ridge (middle) and Western (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.