AbstractAn understanding of the processes that determine plant community structure is a requisite for the planning and evaluation of restoration efforts on river floodplains. Variable disturbance regimes derived from flood pulses increase the susceptibility of river floodplains to colonizations by new species and establish invasibility as a potentially important factor in plant community assembly and dynamics. The role of invasibility in the restoration of a wet prairie community on the Kissimmee River floodplain in central Florida was evaluated by quantifying temporal species turnover rates during wet and dry season sampling over a 12‐year pre‐restoration and post‐restoration period. Turnover rates increased with reestablishment of annual inundation regimes and were significantly greater on the reflooded floodplain than on the drained, channelized floodplain. Recurrent periods of increased invasibility were associated with repeated high‐amplitude flood pulses and accompanied by increased diversity of plant communities within the wet prairie landscape. Neither invasibility nor beta diversity was strongly related to the variable hydroperiods or depths provided by local topography and restoration of seasonal hydrologic regimes. Results suggest that invasibility is a functional process by which the restored flood pulse has reestablished the structure and diversity of the wet prairie. Copyright © 2014 John Wiley & Sons, Ltd.