Caribbean Isles in Merritt Island

Caribbean Isles
Homes for Sale in Miami-Dade County, FL

Community in Merritt Island · Miami-Dade County · ZIP 33033
Median sale $275K
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Photo via MIAMI MLS

Built fromLive MIAMI MLS data11 years of closingsUpdated twice daily

As of September 2026, Caribbean Isles in FL has 1 home for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $275,000, $230 per square foot, a median 3 days on market, sellers accepting 93% of original asking (+0% versus the prior year). Homes listed or recently sold were built 1964–2020. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $4,840 ($4,120 with the full homestead exemption).

CARIBBEAN ISLES key facts
LocationMiami-Dade County, FL · ZIP 33033
Home types (current listings and sales)single-family 100%
Sale prices, last 12 months$275,000 median across 3 closed sales · $230 per sq ft · +0.0% vs the prior 12 months
Days on market (closed sales)3 median
For sale right now1 active, 0 pending · median asking $440,000 · 3.0 months of supply

Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2015 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “CARIBBEAN ISLES key facts,” movewithmomentum.com/neighborhoods/caribbean-isles, data as of September 20, 2026.

Live · Caribbean Isles Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$275K ▲
Median sold · 12 mo
up 0.0% vs the prior 12 months
+0.0% ▲
1-yr price change
n = 3 and 7 sales in the two windows
$230/sf
Sold $/sqft · 12 mo
peak $262 in 2025
93.2%
Sale vs ask
Tempo
3.0mo
Supply
3 to 6 months is the balanced band
3days
Median DOM · closed
3 days at the 2026 low
0%
Under contract
Miami-Dade: 18% (3,367 of 18,681)
1 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 11 years of records
1,048sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Caribbean Isles sits in Merritt Island with a median price around the mid-$320s and a median near $220 per square foot. With no shared amenities showing up in current MLS listings, price here is driven by the house itself — condition, updates, and square footage — rather than by any community package you're paying into.

The market posture is squarely neutral: a heat score of 50 and roughly 41 days to sell tell you neither side holds the leverage. Year-over-year values are essentially flat, up 1.3%. For sellers that means pricing to condition and expecting a normal-length marketing window; for buyers it means room to inspect, negotiate, and walk away without the pressure of a runaway market.

Caribbean Isles Housing Pulse · Momentum Research · as of September 20, 2026

Caribbean Isles right now

🟡 Balanced market. 3.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of MIAMI MLS records, as of September 20, 2026. Confidence: Low (1 active and pending listings, 3 closed sales in 12 months).

🟡 Still climbing. The trailing-12-month median ($275K) is up 0.0% from the prior 12 months ($275K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 20. Confidence: Low (3 and 7 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 26, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Caribbean Isles market snapshot (as of September 20, 2026): the median sale price is about $275K ($230 per sq ft over the trailing 12 months of closed sales), a median 3 days on market for closed sales, and 3.0 months of supply, a balanced market. The trailing-12-month median is up 0% from the prior 12 months, computed from record-level MIAMI MLS closed sales (3 closings in the current window).

In ZIP 33033, 703 homes closed in the last 12 months at a median of $475K ($263/sq ft), down 2.2% year over year, with a median 58 days on market. Right now 344 active and 91 pending listings put supply at about 3.0 months — a balanced market. See the live ZIP 33033 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 21 homes in CARIBBEAN ISLES that have changed hands since 2015, built between 2006 and 2007 (median 2006), with a median living area of about 1,194 sq ft and a typical 3-bedroom, 2-bath layout; 90% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

This is a straightforward Merritt Island neighborhood where the home you buy — not a clubhouse or gated entry — is what you're paying for. Expect a measured pace and prices that reward homes in genuinely good shape.

Best for

  • Buyers targeting the mid-$300s who want a standalone home rather than an amenity-heavy community
  • Renovation-minded buyers ready to price and finish cosmetic work themselves
  • Sellers with an updated, well-kept home willing to sit through a roughly 41-day marketing window

Probably not for

  • Buyers who want a clubhouse, pool, or gated community built into the address
  • Sellers expecting a fast, above-ask sale in a currently balanced market
  • Buyers who need a large, deep pool of recent comps to feel confident on price

Windows contain 0 to 17 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2015 through 2026. Deemed reliable but not guaranteed.

Every sale since 2015 · price vs size
$0$100K$200K$300K1k1k1k
31 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
051015201620182020202220242026
0 to 17 a year; 3 in the current window.
How much local inventory is already under contract

22% of homes for sale in ZIP 32952 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-26).

Caribbean Isles Market Scorecard

Balanced

Caribbean Isles is currently a balanced market. About 3.0 months of supply, a median asking price of $440,000.

3.0
Months supply
$440,000
Median list
$275,000
Median sold
$258
List $/sqft
1/0/4
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Caribbean Isles

Live MLS inventory for Caribbean Isles. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Caribbean Isles listings as of 2026-09-20, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2015 through 2026. Tap any home to ask about it.

Every Home for Sale in Caribbean Isles Right Now (1)

All 1 active and pending Caribbean Isles listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 1300 Lester Court · $440,000 · 4 bd / 2 ba · listed Jun 27, 2026 · listed by Relentless Real Estate Co.

Listing locations from MIAMI MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Miami-Dade County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Audubon · Elementary
  • Jefferson · Middle
  • Merritt Island · High

Zoned schools reflect the assignments reported on recent Caribbean Isles listings and can change; always confirm with Miami-Dade County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Caribbean Isles address.

If we were buying in Caribbean Isles today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Caribbean Isles.

Best Buy
Buyers who want a Merritt Island address and are comfortable judging a home on its own merits.
Biggest Risk
A thin sales sample makes the median a rough guide, not a guarantee.
Sweet Spot
A well-maintained home priced to condition, not to a wishlist.
Avoid If
You want amenities — a clubhouse, pool, or gated entry — built into the community.

A condition-driven market with no amenity premium

Because no community amenities surface in the current listings, there's no HOA-driven floor propping up values and no shared-facility premium baked into the median. That tends to widen the spread between a dated house and an updated one at the same square footage — the gap shows up in the per-square-foot number, which sat near $220 as of mid-2026. Buyers who can price renovation work honestly have the clearest path to value.

The closings window here is thin — just four recent sales feeding the snapshot — so treat the median as a directional read rather than a precise line in the sand. In a small-sample neighborhood, a single unusual sale can move the number, which is exactly why the individual comps and the specific condition of a given house matter more than the headline figure.

“

The location and the amenities are priced into every listing in Caribbean Isles. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.2C+ · Buy Score
Recent Direction6.0/10
Liquidity & Demand7.0/10
Pricing Power5.5/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.2). Basis: Recent Direction +0.0% year-over-year; Liquidity & Demand 3.0 months of supply; Pricing Power 93.2% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a thin-data, condition-driven market like this one, the median only tells you so much. We read the actual comps house by house, separate updated stock from deferred-maintenance stock, and price to the home in front of us — so sellers don't leave money on the table and buyers don't overpay for someone else's finishes.

Caribbean Isles in 15 seconds.

Best forBuyers who want a Merritt Island address and are comfortable judging a home on its own merits.
Biggest advantageA neutral market with real negotiating room on either side.
Biggest riskA thin sales sample makes the median a rough guide, not a guarantee.
Sweet spotA well-maintained home priced to condition, not to a wishlist.
Avoid ifYou want amenities — a clubhouse, pool, or gated entry — built into the community.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Caribbean Isles homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Caribbean Isles.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Caribbean Isles sales matched to your home.

What is your Caribbean Isles home worth?

Get a no-obligation home value based on real comparable sales in Caribbean Isles, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Caribbean Isles on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Caribbean Isles?
The median sale price in Caribbean Isles was $275K over the 12 months ending September 20, 2026 (3 closed sales, MIAMI MLS).
How long do homes in Caribbean Isles take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 3 days on market (3 sales, MIAMI MLS).
Is Caribbean Isles a buyer's or seller's market right now?
As of September 20, 2026, Caribbean Isles is roughly balanced: 3.0 months of supply at the current sales pace (MIAMI MLS live counts).
Who is the best real estate agent for Caribbean Isles?
The best agent for Caribbean Isles is one who actively works Merritt Island and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Caribbean Isles.
How do I find a top Merritt Island real estate agent who knows Caribbean Isles?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Caribbean Isles and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Caribbean Isles?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Caribbean Isles purchase or sale - no call center and no pressure.
Buyers targeting the mid-$300s who want a standalone home rather than an amenity-heavy communityExcellent fit
Renovation-minded buyers ready to price and finish cosmetic work themselvesExcellent fit
Sellers with an updated, well-kept home willing to sit through a roughly 41-day marketing windowExcellent fit
Buyers who want a clubhouse, pool, or gated community built into the addressProbably not
Sellers expecting a fast, above-ask sale in a currently balanced marketProbably not
Buyers who need a large, deep pool of recent comps to feel confident on priceProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 20, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (31 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Thinking of selling in CARIBBEAN ISLES? 3 recorded closings; median 3 days on market (window ending 2026-09-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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