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.
76 homes listed between $300,000 and $500,000 are for sale or pending in Merritt Island, FL today across 61 communities. The median asking price is $372,450, from $305,000 to $494,900. Listings in Merritt Island without that feature have a median of $617,500. Most listings right now: Cape Crossing (4), Catalina Isle Estates Unit 2A (2), Hampton Homes Unit 8 (2). Updated October 2, 2026 from the MLS.
Live $300k–$500k homes in Merritt Island: the listings
54 active listings match today (25% of Merritt Island inventory), median asking $367,500, $239/sq ft, median 39 days on market. Photo cards link to the listing; refreshed nightly.
Newest $300k–$500k homes in Merritt Island
The most expensive $300k–$500k homes in Merritt Island
| Listing | Asking | Sq ft | Community |
|---|---|---|---|
| 202 Ivory Coral Lane #302 | $494,900 | 1,266 | Cape Crossing |
| 540 S Banana River Drive #105 | $490,000 | 1,743 | Marina Village Condo |
| 275 Quail Drive | $489,900 | 1,851 | Quail Run Estates |
| 1250 Newfound Harbor Drive | $489,000 | 1,768 | Banana River Drive Subd |
| 280 Tiki Drive | $485,000 | 1,720 | Catalina Isle Estates |
| 1320 Johns Circle | $468,700 | 1,190 | Ridge Manor Estates |
| 5515 Eagle Way | $454,700 | 1,734 | — |
| 5515 Eagle Way | $454,700 | 1,734 | — |
| 300 Cherry Avenue | $450,000 | 1,888 | — |
| 560 Needle Boulevard | $449,000 | 2,195 | Hampton Homes |
$300K–$500K Homes by price
| Band | For sale | Share |
|---|---|---|
| $300K–$500K | 54 | 100% |
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 | $404,950 | $379,500 |
| Catalina Isle Estates Unit 2A | 2 | 0 | $465,000 | $445,000 |
| Hampton Homes Unit 8 | 2 | 0 | $399,000 | $349,000 |
| Carlton Groves Subd Unit 2 Sec 1 | 2 | 0 | $392,000 | $334,000 |
| 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 |
| Osprey Village at Cedar Creek Ph II | 2 | 0 | $307,497 | $305,000 |
| Marina Village Condo Ph I | 1 | 0 | $490,000 | $490,000 |
| Copperfield | 1 | 0 | $489,999 | $489,999 |
| Glen Haven Subd Sec 2B | 1 | 0 | $489,900 | $489,900 |
| Quail Run Estates | 1 | 0 | $489,900 | $489,900 |
| Banana River Drive Subd | 1 | 0 | $489,000 | $489,000 |
| Ridge Manor Estates | 1 | 0 | $468,700 | $468,700 |
| Kings Park Unit 1 | 1 | 0 | $454,700 | $454,700 |
| Kings Park Unit 01 | 1 | 0 | $454,700 | $454,700 |
| Riviera Isles Sec 02 | 1 | 0 | $449,000 | $449,000 |
| Riviera Isles Sec 2 | 1 | 0 | $449,000 | $449,000 |
| Caribbean Isles Unit 1 | 1 | 0 | $440,000 | $440,000 |
| Citrus River Groves Unit 1 | 1 | 0 | $440,000 | $440,000 |
| Caribbean Isles Unit 1 | 1 | 0 | $440,000 | $440,000 |
| Island Cove Condo Ph 1 | 1 | 0 | $439,000 | $439,000 |
| Raintree-By-The-Lake | 1 | 0 | $439,000 | $439,000 |
| Surfside Estates Unit 7 | 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 |
| Garden Park Rep | 1 | 0 | $399,000 | $399,000 |
| Hamilton Park | 1 | 0 | $394,900 | $394,900 |
| Skylark Estates | 1 | 0 | $389,000 | $389,000 |
| Catalina Isle Estates Unit 1 | 1 | 0 | $385,500 | $385,500 |
| Hibiscus Park | 1 | 0 | $375,000 | $375,000 |
| Island Pointe Condo Ph 2 | 1 | 0 | $375,000 | $375,000 |
| Surfside Estates Unit 2 | 1 | 0 | $374,900 | $374,900 |
| Harborview Cove | 1 | 0 | $370,000 | $370,000 |
| Surfside Estates Unit 3 Replat of Part of | 1 | 0 | $365,000 | $365,000 |
| Waterway Manor Unit 1 | 1 | 0 | $365,000 | $365,000 |
| Floral Park Sec 1 | 1 | 0 | $360,000 | $360,000 |
| Orange Grove Manor | 1 | 0 | $359,900 | $359,900 |
| Merritt Ridge Sheet 4 | 1 | 0 | $350,000 | $350,000 |
| Rosedale Subd | 1 | 0 | $350,000 | $350,000 |
| Hampton Homes Unit 08 | 1 | 0 | $349,000 | $349,000 |
| Island Beach Sheet 1 Resubd of | 1 | 0 | $349,000 | $349,000 |
| Glen Haven Subd Sec 2A | 1 | 0 | $345,000 | $345,000 |
| The Heron Villages of Cedar Creek Condo | 1 | 0 | $345,000 | $345,000 |
| Orange Blossom Heights | 1 | 0 | $340,000 | $340,000 |
| Harbor Del Rio Condo Ph II | 1 | 0 | $339,000 | $339,000 |
| Barony Estates Unit 2 Sec 1 | 1 | 0 | $339,000 | $339,000 |
| Catalina Isle Estates Unit 3 | 1 | 0 | $338,900 | $338,900 |
| Merritt Towers Condo Ph II | 1 | 0 | $330,000 | $330,000 |
| Island Oaks Subdivision | 1 | 0 | $329,900 | $329,900 |
| Surfside Estates Unit 1 | 1 | 0 | $329,000 | $329,000 |
| Tropical Cove Condo Ph VII | 1 | 0 | $329,000 | $329,000 |
| Merritt Towers | 1 | 0 | $329,000 | $329,000 |
| Merritt Towers Condo Ph III | 1 | 0 | $329,000 | $329,000 |
| Indian River Village | 1 | 0 | $329,000 | $329,000 |
| Tropical Gardens | 1 | 0 | $324,900 | $324,900 |
| Tropical Gardens | 1 | 0 | $324,900 | $324,900 |
| Merritt Towers Condo Ph I | 1 | 0 | $314,990 | $314,990 |
| Belaire Unit No 3 | 1 | 0 | $306,000 | $306,000 |
Also with homes $300K–$500K for sale
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
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- 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
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- Satellite Beach homes $300K–$500K (59 for sale)
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.