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Condos For Sale In Merritt Island, FL
Living in Merritt Island can bring many opportunities for work and for fun. The city is also a top relocation spot for buyers looking for condos for sale in Florida. Located along Florida's Space Coast and close to Cape Canaveral, you can take advantage of the unbeatable coastal views and the perfect mix of sunshine, entertainment, and shopping. If condos for sale in Merritt Island are what you’re after, you’ll find it all from affordable starter units to luxurious penthouse suites.
Merritt Island, FL Condo Market
Condos for sale in Merritt Island can range in price from $200K up to $700K, with the median for sale price of about $450K to $500K. Condo, townhome, and apartment properties here make up about 25% of all real estate supply.
The age of units here can also vary with some real estate properties that were built between 1940 to 1969, some that were built between 1970 to 1999, and others that were built in more recent years, from 2000 up until now. Condo prices in Merritt Island are around the same as the cost of living index in Florida, although housing here may be a bit more expensive compared to other areas.
Cape Crossing is a luxury condo community with higher pricing. River Fly-In is a newer community with brand-new units available. Treasure Coast Harbour Village Condos and Osprey Village at Cedar Creek are more affordable condos for sale in Merritt Island.
Merritt Island, FL Neighborhood Sampler
Consider these popular condo communities when looking for Merritt Island condos for sale.
Island Point Condominium
This luxurious condominium complex is located on the banks of the Indian River, just six miles from Space Coast and its infamous beaches and close to several grocery stores, shopping plazas, and Historic Downtown Cocoa Village. Island Point Condominium is a gated community that offers three-bedroom, two-bathroom condos for sale in Merritt Island ranging in size from 1,800 to 3,200 square feet.
All units have riverfront views and ample floor plans but what really draws condo buyers to this building are the on-site amenities. The Island Pointe community features two heated swimming pools with spas, gym, sauna, party room, basketballs and tennis courts, and more.
Marina Village Merritt Island
These riverfront condos for sale in central Merritt Island are close to the beaches, great shopping and dining, and Port Canaveral. Some of the benefits of owning a unit in this complex are an onsite marina, boat ramp, swimming pool, exercise room, and clubhouse. The HOA fees include building maintenance and some of the utilities. A three-bedroom, three-bathroom condo for sale in Marina Village will likely cost over $500K.
Oleander Pointe
Condos for sale in this community include such amenities as enclosed parking, a heated pool, a boat dock, a party room, car wash area, a game room, an exercise room, and tennis courts. Buyers purchasing condos for sale in Oleander Pointe can expect scenic views of the Indian River and proximity to higher education institutions and abundant outdoor recreation at Ulumay Wildlife Sanctuary, Kiwanis Island Park, and Woody Simpson Park.
Merritt Island, FL Condo Amenities
For many people looking to move, one of the most desirable aspects of condo living is on-site amenities. Take advantage of the many days of sunshine in Florida at the resort-style pools that are included as part of condo living. Other amenities can include access to walking trails, a clubhouse, or an exercise facility.
Some newer condos for sale in Merritt Island include updates such as stainless steel appliances, open floor plans, new washers and dryers, or even a balcony for enjoying the sunrises and sunsets of The Sunshine State.
Frequently Asked Questions About Merritt Island, FL Condos For Sale
If you are searching for condos for sale in Merritt Island, then consider the answers to these frequently asked questions to see if Merritt Island has everything you need to call it home.
What Are the Newest Condo Buildings?
River Fly In Condominiums are some of the newest condo buildings located on Pilot Lane in Merritt Island. This luxury condo building is a high-rise located on 30 acres of property and offers such amenities as nature trails, boat slips, hangars, and of course, a waterfront view.
Is Merritt Island Walkable?
Merritt Island isn’t a very walkable city. There are, however, plenty of walking paths and hiking trails, especially in the refuge. The most walkable neighborhoods in Merritt Island are Skylark Estates, Hampton Homes, and Merritt Ridge.
What Is a Good Salary to Live on Merritt Island?
The median yearly household salary in Merritt Island is $58,816. A single adult living in Merritt Island condos for sale will need an average salary of about $34K to cover living expenses, including housing and other necessities.
What Are the Average Condo Association Fees in Merritt Island?
HOA fees can vary greatly depending on where you choose to live and can range in monthly costs from $200 to $400. This information will be useful once you start looking for condos for sale in Merritt Island.
Is Moving to Merritt Island a Good Idea?
If you love the idea of living near water, Merritt Island is a great place to live. It is a good place to live at any stage of life, whether you are raising a family or looking to retire. This picturesque piece of Florida not only has a great location, it also has local beauty that can be seen in full form at the Merritt Island National Wildlife Refuge.
The city is also close to nearby beautiful destinations as well such as Cocoa Beach, Rockledge, and Port Saint John. All of this, in combination with the beautiful, year-round warmer weather, is a reason why so many consider moving to Merritt Island a good idea.
What Is the Tallest Condo Building in Merritt Island?
The Merritt Towers, which include three towers located on the island, each eight stories tall, is the tallest condo building on Merritt Island. These condos for sale are right on the water with amenities, including a fishing pier, two pools, a spa, and a sauna.
Living in Merritt Island, FL Condos
Merritt Island, located on the Space Coast, is known for being one of the best spots to adventure on the Indian River Lagoon. NASA's Kennedy Space Center is also located here on Florida’s largest island.
At the Kennedy Space Center, one can meet an astronaut, check out the many interactive displays, and catch a rocket launch at the nearby Cape Canaveral Air Force Station. But that’s not all.
Also located on Merritt Island is the Merritt Island National Wildlife Sanctuary, a 140,000-acre nature sanctuary where one can see all sorts of plants and animals native to Florida. With so much to offer, it’s no wonder many are looking to make Merritt Island home.