Merritt Island

Merritt Island

Located in Brevard County

$541,301 Average Value
$299 Average Price per Sq Ft
320 Homes For Sale

Waterfront-living on the eastern Florida coast

Situated between the Indian and Banana Rivers, Merritt Island, which is actually a peninsula, remained secluded until the early 1900s. Today, the community is home to many individuals who enjoy coastal living, seclusion and easy access to everyday essentials. Residents here spend most of their time outdoors, taking advantage of the abundant greenery at Merritt Island National Wildlife Refuge and surfing coastal waves at nearby Cocoa Beach or visiting local monuments like NASA’s John F. Kennedy Space Center. With nearby amenities and the seemingly endless recreational opportunities nearby, Merritt Island locals rarely have to leave the peninsula. “Merritt Island offers residents a nice waterfront community with old Florida charm,” says Rachel Langley, Merritt Island local and Realtor with Blue Marlin Real Estate.

Coastal styles and Mediterranean-inspired homes

Merritt Island features a range of housing options from traditional ranch styles and single-story coastal homes to multi-story Mediterranean-influenced styles. Merritt Island boasts a variety of subdivisions from more modern newly developed homes to those neighboring Savannahs Golf Course and waterfront properties on the Indian River. With a median sales price of $470,000, price points here can range from the low $200,000s to upwards of seven figures depending on the age, size and location of the property. For example, a two-bedroom ranch-style costs around $230,000, while a waterfront eight-bedroom Mediterranean-inspired home can go for around $6 Million. Homes neighboring the river and offering direct water access are subject to increased price points. Homes here often feature community pools and playgrounds and are typically fronted by well-manicured lawns with enough room for a few palm trees and vibrant tropical flora. “Merritt Island attracts families and retirees buying into the area, while many residents have called the community home since the 1960s,” says Langley.

Shopping at Merritt Square Mall

Residents here shop at Merritt Square Mall, which offers a variety of department stores and retailers to choose from, like Dillard’s, JCPenney and Macy’s. While groceries and other everyday essentials are available at nearby stores like Publix, Aldi and CVS. Dining options here include local favorite Margarita Island, which offers a variety of margarita styles, bar bites and Tex-Mex cuisine or head to Oh K-Dog for a Korean-influenced meal and gourmet iterations of the classic corn dog. For a more casual atmosphere, check out Sally O’Brien’s for classic bar snacks and Irish-pub cocktail iterations.

High-marks at Brevard County Schools

Students can attend schools like Robert L. Stevenson Elementary, Thomas Jefferson Middle and Edgewood Junior/Senior High School, which earned ratings of A-minus, B-plus and A-plus from the educational review site, Niche. Robert L. Stevenson Elementary School serves kindergarten through Grade 6 and offers a student-teacher ratio of 16:1, while Thomas Jefferson Middle School offers a Science Research program in addition to core science instruction for further in-depth understanding. Edgewood Junior/Senior High School offers over 25 Advanced Placement (AP) courses for higher education preparation. Private institutions like Merritt Island Christian School and Christian Heritage Academy are also common here.

Surfing waves at nearby Cocoa Beach

Merritt Island residents are only 9 miles from local favorite Cocoa Beach, which features white-sand beaches for sunbathing and calm, consistent waves for surfing. Nature lovers head to Merritt Island National Wildlife Refuge for over 140,000 acres of coastal dunes, saltwater marshes, pine flatwoods and hardwood hammocks providing a home to more than 1,500 species of plants and animals. Visitors can explore hiking trails and spectate native animals across the refuge, notably established by an agreement overlay of the John F. Kennedy Space Center. Golf enthusiasts are in luck with The Savannahs Golf Course nearby, offering an 18-hole course navigating through wetlands, water hazards and wildlife sightings. Daily course rates vary and monthly or annual memberships are available.

NASA's John F. Kennedy Space Center

Established in 1962, The Kennedy Space Center (KSC) is located on Merritt Island to the North of the town and holds major historical significance within the area. The KSC is NASA’s primary launch center and is notable for managing the Apollo, Skylab and Space Shuttle programs. Space enthusiasts can buy tickets to visit the KSC Visitor Complex for space shuttle displays, interactive simulators and live educational space exhibits. The KSC employs many Merritt Island residents and the community sees many tourists throughout the year, helping to stimulate the local economy.

Merritt Island transportation and flood risk

Merritt Island residents are primarily car-dependent and utilize Florida State Road A1A and the East Merritt Island Causeway with easy access to the mainland and neighboring areas like Port Canaveral and Cocoa Village. Locals use the North Courtenay Parkway when traveling within the peninsula. Residents seeking public transit options can take the Space Coast Area Transit for trips in and around Merritt Island starting at $1.50 for adults one-way. Merritt Island riders can start their ride on bus route 3, which operates along the North Courtenay Parkway and stops throughout the community. For those seeking to travel longer distances, the Melbourne Orlando International Airport is only 30 miles away from Merritt Island. When it comes to hurricanes and flooding, Merritt Island is at a high risk due to its waterfront location. The Brevard County Floodplain Administration recommends protecting homes here and their contents with flood insurance through the National Flood Insurance Program (NFIP).

Ryan Kohn
Written By
Ryan Kohn
Rodrigo Betancor
Photography Contributed By
Rodrigo Betancor

Interested in learning more about homes in this area? Reach out to Patricia Lorenzo, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
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Merritt Island Housing Trends

Housing Trends

Median List Price
$525,000
Median Sale Price
$470,000
Median Single Family Sale Price
$545,000
Median Townhouse Sale Price
$280,000
Median 2 Bedroom Sale Price
$167,950
Median Change From 1st List Price
6%
Last 12 months Home Sales
790
Median Home Sale Price YoY Change
-$1
Average Price Per Sq Ft
$299

Neighborhood Facts

Number of Homes for Sale
320
Months of Supply
4.90

Open Houses

  • Sunday, Jun 15
    12 - 2pm

    175 Stewart Dr, Merritt Island, FL 32952

    $1,445,000

    • 4 Beds
    • 5 Baths
    • 4,015 Sq Ft
    • 175 Stewart Dr
    • New 23 days ago

    Experience timeless elegance in this fully renovated estate in the exclusive Hacienda del Sol neighborhood. Set on 1.29 private acres, this 4-bed, 5-bath custom home showcases the work of a skilled craftsman—seen in the refined trim work, window framing, and upscale finishes throughout. No carpet here: enjoy luxury plank flooring, high-end lighting, and detailed millwork in every room. The chef's

    Agent Photo
    Ricardo Lopez Alonso
    MAR Y SOL Properties LLC
    (321) 341-5788
  • Saturday, Jun 14
    1:30 - 3:30pm

    235 Northgrove Dr, Merritt Island, FL 32953

    $825,000

    • 5 Beds
    • 3 Baths
    • 3,168 Sq Ft
    • 235 Northgrove Dr

    Make your showing appointment today! Put this beautiful home on the top of your ''Must See'' list! This completely remodeled home features an open floorplan with a chef's kitchen that includes high-end appliances, lots of cabinets, and luxurious quartz counters. The spa-like bathrooms, resort style pool, and storm protection for peace of mind makes this property beyond appealing! The floorplan

    Agent Photo
    Dana Saunders
    Keller Williams Realty Brevard
    (321) 617-5804
  • Saturday, Jun 14
    12 - 3pm

    3775 S Tropical Trail, Merritt Island, FL 32952

    $3,495,000

    • 5 Beds
    • 4 Baths
    • 5,611 Sq Ft
    • 3775 S Tropical Trail
    • New 8 days ago

    Welcome to 3775 S Tropical Trail, a breathtaking waterfront estate on Merritt Island that has been completely transformed through a full-scale modern renovation. No detail was overlooked in revitalizing this iconic property—everything is brand new, including all high impact-rated hurricane windows and doors, multiple HVAC units, updated electrical panels, spray foam insulation, and dual new hot

    Agent Photo
    Eric Bress, Jr
    Eric Bress Real Estate LLC
    (321) 384-7698

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Merritt Island Has More Owners

Demographics

Total Population
36,513
Median Age
51
Population Density
43 ppl/acre
Population under 18
18.1%
Below the national average
23.8%
Population over 65
28.2%
Above the national average
19.1%

Finances

Median Household Income
$78,440
Above the national average
$71,702
Average Household Income
$104,580

Education and Workforce

High School Graduates
95.2%
Above the national average
89.1%
College Graduates
39.7%
Advanced Degrees
15.8%
% Population in Labor Force
58.7%
Below the national average
65.1%

Weather

Annual Precipitation
55''
Average Winter Low Temperature
51°F
Average Summer High Temperature
91°F
Annual Snowfall
0''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Merritt Island
Patricia Lorenzo
85 & Sunny Real Estate,PA