Merritt Island, FL Real Estate

Merritt Island FL Real Estate Overview

Merritt Island in Brevard County, Florida is a gorgeous place that attracts people with its natural beauty and thrilling wildlife. The place located between the Banana River and the Indian River is well known for its pine forests, national parks and coastal dunes. Because of its proximity to the renowned Kennedy Space Center, Merritt Island has played a major role in increasing the place's popularity. Apart from that, you have access to many movie theaters, museums, golf courses and libraries all within a 15-mile radius. Settling down in Merritt Island would be a good idea for people who love to watch birds too. It is believed that there are more than 300 species of birds in the Merritt Island preserve.

Buying a home in Merritt Island would prove advantageous because there are many communities suitable to all walks of life. It also has some good universities and schools. Before settling on any house, talk it over with a reliable real estate agent and ask him to compare prices on similar houses that were recently sold in your area of choice. Choose the area you want to settle down in carefully, check out the neighborhood yourself and see firsthand if the place agrees with you.

Here are some important factors that you need to checkout before you seek a house in Merritt Island. You have the choice of buying condos, waterfront single family homes, townhouses and foreclosure homes easily in Merritt Island. The age of the house is important. To know the true value of a house you have to compare it with other houses built during the same year. They will usually be made of similar raw materials with more or less the same amenities. The location of the house is equally important. Once your choice is made, you will be reminded of it forever, so do proper research on whether the neighborhood suits you and agrees with all your demands.
The types of amenities and the number of rooms you need is a crucial aspect in deciding the price of house. If you want a pool or lakeside view, it would be possible in a place like Merritt Island. The price of a 3-bedroom home there can cost more than $160,000 depending on the amenities you choose.

Some of the popular neighborhoods in Merritt Island are Garden Park, Floral Park, Bella Vita, Bel Aire, Orange Blossom Heights, Garden Park, Island Crossings, Harbor Point, Morningside Heights, Hampton Homes, Floral Park, Villa De Palmas, Island Pointe, Orange Grove Manor and Holiday Cove.

The median home price has decreased by about 2.6% when compared to the situation last year. The average price of one square foot of land in Merritt Island was $99, the price having come down since last year. Merritt Island was earlier rated as one of the 10 best places to live according to CNN money

Total

New

Reduced

Open Houses

Foreclosures

Short Sales

461

15

72

9

6

1

Merritt Island FL Real Estate Stats

Average Price in Merritt Island: $633,654  County Average: $393,614

Average Taxes in Merritt Island: $3,856  County Average: $2,959

Average Cost Per Sqr Ft in Merritt Island: $230  County Average: $183

Average Walkscore in Merritt Island: 24  County Average: 22

Average Year Built in Merritt Island: 1988  County Average: 1989

Average Days on Website in Merritt Island: 210  County Average: 105

Merritt Island FL Real Estate Market Health


Neighborhoods in Merritt Island FL

BANANA RIVER DRIVE SUBD CANAVERAL SUBD CATALINA ISLE ESTATES UNIT 5
CHASE HAMMOCK LAKES CITRUS RIVER GROVES UNIT 3 COLONIAL ARMS CONDO
CROTON RIVER ESTATES DIANA SHORES UNIT NO 1 DICKSONS SUBD
EGRETS LANDING GARDEN PARK REPLAT GEORGIANA SETTLEMENT
HARBOR POINT PHASE ONE HORTI INDIAN RIVER VILLAGE
ISLAND POINTE CONDO PH 1A MERRITT LAKES ESTS REPLAT OF ORANGE BLOSSOM HEIGHTS
OTTER TRACE PALMETTO PART OF N 1-2 OF NE 1-4 AS DES IN
PRESERVE POINTE RIDGE MANOR ESTATES RIVER FLY-IN
RIVER GROVE ON THE TRAIL PHASE 1 SANDERS SUBD SUMMERS CREEK PHASE TWO
SUNSET BAY A CONDOMINIUM SUNSET LAKES P.U.D. PHASE X SUNSET LAKES WEST-ISLAND ESTATES
SURFSIDE ESTATES UNIT 1 SURFSIDE ESTATES UNIT 3 SURFSIDE ESTATES UNIT 5
THAT PT OF SEC 19 LYING ON HORTI THE DELANO ON THE RIVER TROPICAL COVE CONDO PH VII
TROPICAL PARADISE SUBDIVISION VILLA DE PALMAS SYKES COVE VILLA DE PALMAS UNIT 2
VILLA DE PALMAS UNIT 3

Areas in Merritt Island FL

Central Merritt Island Merritt Island S of Pineda N Banana River Dr.
N Merritt Island Newfound Harbor S Merritt Island

Most Popular Listing

Popular Merritt Island Real Estate

Most Expensive Listing

Expensive Merritt Island Real Estate

Least Expensive Listing

Cheap Merritt Island Real Estate

Listings in Merritt Island

Up for sale is a renovated bldg that stays mostly fully occupied due to its attractive location on sr 520...



the rotax b3 model!ten floors- 112 luxury condo units, 14 units per floor starting on the 3rd floor on just over 13 acres in a natural setting adjacent to the banana river and Merritt Island airport. the condo features beautiful 2 story ...



Perfect starter home in central Merritt Island location, near shopping, churches, all conveniences, and schools...



Paradise found. wow beautiful 2 story mediterranean 2 story home with tile roof and beautiful swimming pool overlooking a small lake...



well cared for and updated 4 bedroom, 2 bath home, on a canal in Merritt Island! home has ti...



Welcome home! newly remodeled water front home is now available...



Stunning canalfront dream home in Merritt Island! this renovated 4 bedroom home has a breathtaking water view from almost every room and is new new new...



Is a cozy single family residence in the heart of Merritt Island available now! thi...



the family room looks out onto the water, at the southern most tip of Merritt Island where both the banana and indian rivers unite. the gourmet eat in kitchen boasts a 6 burner viking range with double ovens and flat top, and a large center island with marble inlay. the waterside master bedroom with spectacular master bath is surrounded in...



Rare riverfront mixed use residential/commercial property with many possible uses...



Direct indian river. 1/2 acre, parcel ''a'' 112 x 212 ft...



Property stays pretty much leased out and offers a good source of cash flow...



Live in the heart of Merritt Island! this 2-story townhouse boasts 2 bedrooms and , 2 bathrooms upstairs, each with carpet...



This gorgeous custom home in horti point was rebuilt from the foundation up in 2015...



sr3 is the primary commercial route that runs north and south through Merritt Island. the building has been freshly updated on the outside and the suites can be customized for you on the inside. so come open your business in this busy retail and office corrido...



One of the most stunning corner units in all of island pointe...



some waterfront locations never hit the market, this one just happened to. 175' direct banan...



this unique property is conveniently located in central Merritt Island. with available boat slips, an...



Paradise without the maintenance! who could ask for more? spacious, open concept overlooking the intracoastal waterway offers a spectacular view that will take your breath away...



Man cave alert!unique private tropical paradise with main home, guest house and a/c garage/workshop close to beaches,shopping, ksc and port canaveral on 1...



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Location & Address

The Central Florida Team @ RE/MAX Elite
445 Fifth Ave
Indialantic, FL
321-396-0114
321-775-8095

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