Luxury Homes for Sale in Merritt Island, FL
The luxury market in Merritt Island starts at $1,000,000. This page is every active listing at that level, refreshed nightly from the MLS, with what has actually closed, where the inventory sits and how long it takes to sell. For the wider picture see luxury communities in Brevard County.
37 luxury homes are for sale in Merritt Island, FL at $1,000,000 and up — median asking $1,899,000, the top listing at $5,900,000, $559 per square foot. 35 homes closed above $1,000,000 in the last 12 months at a median of $1,400,000. 51% of the luxury inventory is waterfront; 8% is new construction. Median days on market: 165.
Newest luxury listings in Merritt Island
The most expensive homes for sale in Merritt Island
| Listing | Asking | Sq ft | $ / sq ft | Community |
|---|---|---|---|---|
| 4747 S Tropical Trail | $5,900,000 | 7,571 | $779 | — |
| 265 Stewart Drive | $4,750,000 | 5,286 | $899 | — |
| 8765 S Tropical Trail | $4,495,000 | 4,346 | $1,034 | Sanders Subd |
| 4760 Honeyridge Lane | $3,999,000 | 6,371 | $628 | Honeymoon Hill |
| 0 Crooked Mile Road | $3,850,000 | 6,476 | $595 | brevard county |
| 1840 Harbor Point Drive | $3,495,000 | 5,628 | $621 | — |
| 10100 S Tropical Trail | $2,965,000 | 3,853 | $770 | Stewarts Homestead |
| 9340 S Tropical Trail | $2,950,000 | 4,267 | $691 | Sanders Subd |
| 1295 S Banana River Drive | $2,700,000 | 4,860 | $556 | brevard county |
| 2175 S Tropical Trail | $2,550,000 | 4,097 | $622 | — |
Where the luxury inventory is
| Community | Luxury listings | Median asking |
|---|---|---|
| Sanders Subd | 3 | $2,950,000 |
| Honeymoon Hill | 1 | $3,999,000 |
| Stewarts Homestead | 1 | $2,965,000 |
| Banana River Drive Subd | 1 | $1,899,500 |
| River Fly-In | 1 | $2,000,000 |
| Georgiana Settlement | 1 | $1,500,000 |
| Paradise Point | 1 | $1,200,000 |
Luxury inventory by price
| Band | For sale | Share |
|---|---|---|
| $1,000,000–$1,500,000 | 9 | 24% |
| $1,500,000–$2,000,000 | 12 | 32% |
| $2,000,000–$3,000,000 | 10 | 27% |
| $3,000,000–$5,000,000 | 5 | 14% |
| $5,000,000+ | 1 | 3% |
How to read this
Luxury is defined here as asking prices at or above $1,000,000. Counts, medians and closings come from active and closed MLS listings as of October 6, 2026; closings are the trailing 12 months. Listings appear courtesy of the listing brokerage under IDX rules; information deemed reliable but not guaranteed. See also all 208 homes for sale in Merritt Island and what $1M buys across Brevard County.