Homes for Sale $300K to $500K in Merritt Island, FL
This page tracks every Merritt Island listing with an asking price between $300,000 and $500,000, by community, with live counts and asking prices. Prices are asking prices from the MLS, not values, and the list changes with every refresh.
83 homes listed between $300,000 and $500,000 are for sale or pending in Merritt Island, FL today across 62 communities. The median asking price is $375,000, from $300,000 to $499,900. Listings in Merritt Island without that feature have a median of $650,000. Most listings right now: Cape Crossing (4), Hampton Homes Unit 8 (3), Osprey Village at Cedar Creek Ph II (3). Updated September 13, 2026 from the MLS.
Merritt Island homes $300K–$500K by community
Click a community for its full guide: prices, HOA reality, insurance posture and the homes for sale. The 60 communities with the most homes $300K–$500K listed are tabled; the rest follow.
| Community | Homes $300K–$500K | New build | Median list | From |
|---|---|---|---|---|
| Cape Crossing | 4 | 0 | $427,500 | $384,900 |
| Hampton Homes Unit 8 | 3 | 0 | $349,000 | $344,000 |
| Osprey Village at Cedar Creek Ph II | 3 | 0 | $309,994 | $305,000 |
| Citrus River Groves Unit 1 | 2 | 0 | $476,950 | $454,000 |
| Surfside Estates Unit 1 | 2 | 0 | $419,000 | $339,000 |
| Island Beach Sheet 1 Resubd of | 2 | 0 | $399,500 | $349,000 |
| Waterway Manor Unit 1 | 2 | 0 | $382,450 | $365,000 |
| Hampton Homes Unit 7 | 2 | 0 | $374,500 | $320,000 |
| Gateway Unit 2 Revised | 2 | 0 | $349,700 | $334,900 |
| Harbor Estates Sec 2 | 2 | 0 | $324,500 | $310,000 |
| Merritt Towers Condo Ph II | 2 | 0 | $322,500 | $315,000 |
| Harbor Oaks | 1 | 0 | $499,900 | $499,900 |
| Harbor Oaks | 1 | 0 | $499,900 | $499,900 |
| Marina Village Condo Ph I | 1 | 0 | $490,000 | $490,000 |
| Copperfield | 1 | 0 | $489,999 | $489,999 |
| Island Crossings | 1 | 0 | $489,999 | $489,999 |
| Glen Haven Subd Sec 2B | 1 | 0 | $489,900 | $489,900 |
| Banana River Drive Subd | 1 | 0 | $489,000 | $489,000 |
| Villa De Palmas Unit 3 | 1 | 0 | $459,000 | $459,000 |
| Kings Park Unit 1 | 1 | 0 | $454,700 | $454,700 |
| Kings Park Unit 01 | 1 | 0 | $454,700 | $454,700 |
| Carlton Groves Subd Unit 2 Sec 1 | 1 | 0 | $450,000 | $450,000 |
| Riviera Isles Sec 02 | 1 | 0 | $449,000 | $449,000 |
| Riviera Isles Sec 2 | 1 | 0 | $449,000 | $449,000 |
| Catalina Isle Estates | 1 | 0 | $445,990 | $445,990 |
| Caribbean Isles Unit 1 | 1 | 0 | $440,000 | $440,000 |
| Raintree-By-The-Lake | 1 | 0 | $439,000 | $439,000 |
| Carlton Groves Subd No 1 | 1 | 0 | $435,000 | $435,000 |
| Savannahs PUD The | 1 | 0 | $430,000 | $430,000 |
| Island Crossings Phase 2 | 1 | 0 | $415,000 | $415,000 |
| Catalina Isle Estates Unit 2 | 1 | 0 | $405,000 | $405,000 |
| Waterway Manor Unit 01 | 1 | 0 | $399,900 | $399,900 |
| Garden Park Rep | 1 | 0 | $399,000 | $399,000 |
| Surfside Estates Unit 3 | 1 | 0 | $395,000 | $395,000 |
| Hamilton Park | 1 | 0 | $394,900 | $394,900 |
| Catalina Isle Estates Unit 1 | 1 | 0 | $390,000 | $390,000 |
| Skylark Estates | 1 | 0 | $389,000 | $389,000 |
| Floral Park Sec 1 | 1 | 0 | $375,000 | $375,000 |
| Surfside Estates Unit 3 Replat of Part of | 1 | 0 | $375,000 | $375,000 |
| Hibiscus Park | 1 | 0 | $375,000 | $375,000 |
| Island Pointe Condo Ph 2 | 1 | 0 | $375,000 | $375,000 |
| Holiday Cove Unit 5 | 1 | 0 | $375,000 | $375,000 |
| Surfside Estates Unit 2 | 1 | 0 | $374,900 | $374,900 |
| Hampton Homes Unit 07 | 1 | 0 | $370,795 | $370,795 |
| Harborview Cove | 1 | 0 | $370,000 | $370,000 |
| Merritt Ridge Sheet 4 | 1 | 0 | $365,000 | $365,000 |
| Rosedale Subd | 1 | 0 | $362,000 | $362,000 |
| Orange Grove Manor | 1 | 0 | $359,900 | $359,900 |
| Hampton Homes Unit 08 | 1 | 0 | $349,000 | $349,000 |
| Glen Haven Subd Sec 2A | 1 | 0 | $345,000 | $345,000 |
| Merritt Towers | 1 | 0 | $345,000 | $345,000 |
| Merritt Towers Condo Ph III | 1 | 0 | $345,000 | $345,000 |
| Harbor Del Rio Condo Ph III | 1 | 0 | $340,000 | $340,000 |
| Orange Blossom Heights | 1 | 0 | $340,000 | $340,000 |
| Barony Estates Unit 2 Sec 1 | 1 | 0 | $339,000 | $339,000 |
| Vetter Isles Ests Sec 2 | 1 | 0 | $339,000 | $339,000 |
| Catalina Isle Estates Unit 3 | 1 | 0 | $338,900 | $338,900 |
| Tropical Cove Condo Ph VII | 1 | 0 | $329,000 | $329,000 |
| Rose Hill Estates Unit 1 3rd Sec | 1 | 0 | $329,000 | $329,000 |
| Indian River Village | 1 | 0 | $329,000 | $329,000 |
Also with homes $300K–$500K for sale
- Belaire Unit No 3 (1)
- Hampton Homes Unit 6 (1)
Where this band sits in the market
The answer block above shows how the median of this band compares with the rest of the city’s listings, which tells you whether $300,000–$500,000 is the middle of the market here or the top of it. Within the band, compare on price per square foot and year built: newer subdivisions usually price higher per foot with lower expected maintenance, older ones the reverse. Each community page carries the HOA and CDD picture, the year-built range and the sales history, so two homes at the same price can be told apart in a few minutes.
Questions to ask about any listing in this band
What are the total monthly carrying costs (taxes, insurance, HOA, CDD) and how do they compare with a similar home two communities over? What is the age of the roof, HVAC and water heater? Is the community’s HOA financially healthy (reserves, no pending assessment)? How many days has the listing been on the market and has the price moved? A local agent who works the area will know which communities in this band are trading at asking and which are negotiating.
Common questions
How many homes listed between $300,000 and $500,000 are for sale in Merritt Island?
What do homes $300K–$500K cost in Merritt Island?
Which Merritt Island community has the most homes $300K–$500K for sale?
What is the monthly payment on a $400,000 home?
Keep exploring Merritt Island
- All homes for sale in Merritt Island
- Merritt Island ZIP codes with prices
- Merritt Island pool homes
- Merritt Island waterfront homes
- Merritt Island gated community homes
- Merritt Island 4-bedroom homes
- Merritt Island homes under $300K
- Homes $300K–$500K in every city
Live data: Space Coast MLS, Stellar MLS, refreshed with every MLS pull; this page rebuilds on every ship. Community-level aggregates only: active and pending residential listings in Merritt Island, FL whose MLS record reports an asking price between $300,000 and $500,000. Prices are asking prices, not values. Property features and prices only; nothing on this page describes residents. Equal Housing Opportunity.