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Merritt Island Real Estate For Sale In FL

Merritt Island

Merritt Island, a peninsula located in eastern Florida, is also referred to as an island, as its name suggests. This up-and-coming city is rich in history but looking towards the future to provide the best living experience. Lower cost of living rates and friendly people are only a few of the reasons why living in Merritt Island is great. When searching for Florida real estate, you may just find that Merritt Island is probably what you’ve been searching for. Find out more about Merritt Island real estate below.

590 S Banana River Drive #302

Merritt Island, FL 32952

Condo For Sale

New Listing - 20 minutes on Site

1 / 47

$384,900

Active Listing

Single Family Home For Sale

5795 Broad Acres Street

Merritt Island, FL 32953

Single Family Home For Sale

New Listing - 35 minutes on Site

1 / 1

$324,400

Coming Soon

Single Family Home For Sale

Merritt Island, FL 32953

Single Family Home For Sale

New Listing - 2 hours on Site

1 / 33

$350,000

Active Listing

Single Family Home For Sale

Merritt Island, FL 32953

Single Family Home For Sale

New Listing - 2 hours on Site

1 / 200

$1,695,000

Active Listing

Single Family Home For Sale

Merritt Island, FL 32952

Single Family Home For Sale

Open House - Fri, Apr 19

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$310,000

Active Listing

Single Family Home For Sale

Merritt Island, FL 32953

Single Family Home For Sale

New Listing - 9 hours on Site

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$509,900

Active Listing

Single Family Home For Sale

Merritt Island, FL 32952

Single Family Home For Sale

New Listing - 9 hours on Site

Merritt Island, FL 32952

Condo For Sale

New Listing - 14 hours on Site

1 / 38

$474,000

Active Listing

Single Family Home For Sale

Merritt Island, FL 32953

Single Family Home For Sale

New Listing - 23 hours on Site

1 / 117

$1,050,000

Coming Soon

Single Family Home For Sale

Merritt Island, FL 32952

Single Family Home For Sale

New Listing - yesterday

255 S Tropical Trail #1

Merritt Island, FL 32952

Townhouse For Sale

New Listing - yesterday

1 / 1

$495,000

Coming Soon

Single Family Home For Sale

Merritt Island, FL 32953

Single Family Home For Sale

New Listing - yesterday

1 / 1

$365,000

Coming Soon

Single Family Home For Sale

Merritt Island, FL 32952

Single Family Home For Sale

New Listing - yesterday

1 / 99

$1,199,000

active under co...

Single Family Home For Sale

4425 Crooked Mile Road

Merritt Island, FL 32952

Single Family Home For Sale

New Listing - yesterday

1 / 2

$449,900

Coming Soon

Single Family Home For Sale

252 Summers Creek Drive

Merritt Island, FL 32952

Single Family Home For Sale

New Listing - yesterday

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$279,000

Active Listing

Single Family Home For Sale

Merritt Island, FL 32953

Single Family Home For Sale

New Listing - yesterday

1 / 33

$398,000

Active Listing

Single Family Home For Sale

Merritt Island, FL 32952

Single Family Home For Sale

New Listing - 2 days on Site

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$415,000

Active Listing

Single Family Home For Sale

2563 Glenridge Circle

Merritt Island, FL 32953

Single Family Home For Sale

New Listing - 2 days on Site

1 / 1

$1,350,000

Coming Soon

Single Family Home For Sale

Merritt Island, FL 32952

Single Family Home For Sale

New Listing - 2 days on Site

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More About Merritt Island, FL Real Estate

Merritt Island is a 46-square-mile piece of land with a population of about 35K residents on Florida’s East Coast. The central part of the city, previously known as Merritt City, is where most of the population resides.

The city is part of the Palm Bay - Melbourne - Titusville Metropolitan Area, and it is full of fun for people of all ages. Located 50 miles from Orlando, this part of Florida is known as the Space Coast due to its proximity to Cape Canaveral and is a unique place unlike any other city in the state.

Merritt Island, FL, Real Estate Market

Merritt Island real estate has a median price point of $507K, an average of $255 per square foot. Home values in this city are on the rise and have been for the past few years. Real estate in Merritt Island is trending up at a rate of 13.8% year over year.

Merritt Island real estate is a balanced market, meaning there are enough homes for sale in the area to meet the demand, and on average, homes spend approximately 41 days on the market.

As an established Florida community, the majority of homes here were built either between 1960-1969 or 1970-1999. Only a small percentage were built in the 2000s and newer. Almost all properties available are single-family homes for sale in Merritt Island, most with three to four bedrooms. This nautical city has many unique homes for those looking to relocate to this area.

Merritt Island, FL Neighborhood Sampler

There are nine neighborhoods to choose from when determining where to live in Merritt Island. Each neighborhood has its own uniqueness and benefits to offer residents. The popular neighborhoods to purchase Merritt Island real estate are listed below.

Georgiana/Lotus

This neighborhood offers larger single-family homes than others, with many homes having upwards of four to five bedrooms. These properties are great for families searching for room to spread out. This gated community features newer homes with many upgrades. Real estate in Georgiana/Lotus are at a median price of $587K.

Hampton Homes/Catalina Isle Estates

This neighborhood offers homes for sale at a lower price point than some neighborhoods. The median price for real estate in Hampton Homes/Catalina Isle Estates is around $387K. Homes in this neighborhood are a great option for those looking for affordable housing in Merritt Island.

Angel City

Located on the Horti Point of Merritt Island, Angel City is a thriving Merritt Island community with a rich history and beautiful riverfront homes and condos for sale. Real estate in Angel City is priced around $466K.

Sunset Lakes/North Merritt Island

This private gated community located on North Merritt Island has lovely real estate for sale at a median price of $461K. The neighborhood has over 460 single-family homes with an exclusive pier on the Indian River as well as ten lakes, gazebos, bridges, fishing, basketball courts, tennis courts, and more.

Merritt Island, FL Schools

Merritt Island is part of the Brevard County School District. There are nine public district schools and 40 private schools within the area. Schools in Merritt Island are highly rated, some of the best around.

Merritt Island Schools have received many awards, including the College Success Award, for providing support for students enrolling in college to help them get in and stay in higher education. It has also had staff receive outstanding awards, such as the assistant principal of the year, showing the district’s commitment to students and their education.

Within 100 miles of Merritt island, there are 35 universities and colleges. Below you’ll find a brief list of schools near Merritt Island real estate:

Public Schools In Merritt Island, Florida

Elementary Schools

Mila Elementary
Robert Louis Stevenson School of the Arts
Lewis Carroll Elementary
Tropical Elementary
Audubon Elementary

Middle Schools

Thomas Jefferson Middle School

High Schools

Edgewood Junior/Senior High School
Merritt Island High School

Private schools In Merritt Island, Florida

Calvary Chapel Christian School
Merritt Island Christian

Colleges & Universities Near Merritt Island, Florida

Eastern Florida State College
Embry Riddle Aeronautical University Daytona Beach
University of Central Florida
Eastern Florida State College

Frequently Asked Questions About Merritt Island, FL Real Estate

What is the Zip Code for Merritt Island, Florida?

Real estate in Merritt Island is situated in one of the following Florida zip codes: 32952, 32953, or 32954.

What County is Merritt Island In?

Real estate in Merritt Island is located in Brevard County, Florida.

What Is the Nearest Commercial Airport in Merritt Island, Florida?

The nearest commercial airport to real estate in Merritt island is Melbourne Airport (MLB), located approximately 30 miles away. The only other nearest airport to the island is Tampa (TPA), located 120 miles away.

What Are the Nearest Big Cities to Merritt Island, Florida?

Orlando, located 46 miles away
Tampa, located 112 miles away
St. Petersburg , located 126 miles away
Jacksonville, located 152 miles away

What Is Merritt Island Known For?

Merritt Island is located on Florida’s largest island and is home to NASA’s Kennedy Space Center. At Kennedy Space Center, you can visit with an astronaut, watch one of the many monthly rocket launches, or explore the interactive displays.

Also located on the island is the huge Merritt Island National Wildlife Refuge, home to many animals. You can also see a bit of Old Florida in the pioneer homes and cemeteries that remain on the island.

Is Merritt Island a Good Place To Live?

Merritt Island is considered one of the best places to live in Florida. It provides residents with a suburban feel but with all the urban experiences within a short drive from the city. There are many restaurants, parks, and schools that are highly rated.

Most residents in Merritt Island real estate own their homes, and many retirees choose to live in Merritt Island. According to Niche.com, it is ranked #25 on the list of Places with the Best Public Schools in Florida and #156 of the Best Places to Retire in Florida out of 656 cities.

Things to Do in Merritt Island, FL

Visiting the Kennedy Space Center is the top attraction in Merritt Island. Merritt Island is one of the top spots for water activities on the Indian River Lagoon. Here you can kayak or boat on the water to the nearby wildlife sanctuary, mangrove islands, or conservation areas. You can also hop on an eco-boat tour to see dolphins, manatees, and all the popular Merritt Island attractions.

Living in Merritt Island, FL Real Estate

Cost of Living in Merritt Island, Florida

Compared to the national average cost of living index of 100, Merritt Island is only slightly higher at 103, the same as the cost of living index for the state of Florida. Merritt Island real estate is slightly higher, with a cost of living index of 121, but everything else, such as utilities and healthcare, are affordable.

Healthcare in Merritt Island, Florida

There is no hospital in Merritt Island, but there are several hospitals close by. Cape Canaveral Hospital in Cocoa Beach and Rockledge Regional Medical Center in Rockledge are both within a few miles of Merritt Island. Cape Canaveral has been recognized for the Patient Safety Excellence Award and Outstanding Patient Experience Award. Rockledge Regional Medical Center has also been recognized for Patient Safety Excellence.

Weather in Merritt Island, Florida

The weather in Merritt island is a major benefit for many Merritt Island. The average temperatures can range anywhere from 53 degrees to 89 degrees, depending on the time of year. The best time of year to enjoy the outdoor temperatures of a mile 70 to 72 degrees are from March to May and October to December. Because of its subtropical climate, Merritt island does experience a rainy season.

The wet period ranges from June to October, with August recording the highest rain at 17 rainy days in the month and an average of 5.9 inches of rain. On the coast of Florida, Merritt Island is in the hurricane risk zone and can be prone to flooding should hurricane-like storms make landfall.

Job Market in Merritt Island, FL

In Merritt Island, the top companies to work for include American BioCare, Launch Federal Credit Union, Space Coast Fire and Safety, and Merritt Island Rhf Housing, Inc. But many people living on Merritt Island commute to other surrounding cities in Brevard County for work.

In Brevard County, the top industries are healthcare, retail, manufacturing, hospitality, and education. The top employees in the area are L3Harris, Brevard County Public Schools, RGNext, and the Florida Institute of Technology.

Transportation in Merritt Island, FL

State Road 3, locally known as North Courtenay Parkway, runs north and south through all of Merritt Island and provides southern access to the Kennedy Space Center. State Road 520 runs east from the Indian River and across Merritt Island. State Road 404, known as Pineda Causeway, connects the mainland to Merritt Island.

There are also other ways to travel around Merritt Island real estate besides by car. The Space Coast Area Transit provides buses and trolleys between Merritt Island and other surrounding cities such as Titusville and Rockledge. Bus and trolley routes operate on a set schedule stopping at designated stops throughout Brevard County cities.

property types

Condos Homes New Construction Townhouses Upcoming Open Houses