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.
38 luxury homes are for sale in Merritt Island, FL at $1,000,000 and up — median asking $1,894,500, the top listing at $5,900,000, $557 per square foot. 29 homes closed above $1,000,000 in the last 12 months at a median of $1,392,500. 50% of the luxury inventory is waterfront; 5% is new construction. Median days on market: 93.
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 | $4,999,000 | 5,286 | $946 | — |
| 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 | $2,695,000 | 4,097 | $658 | — |
| 2175 S Tropical Trail | $2,695,000 | 4,097 | $658 | — |
Where the luxury inventory is
| Community | Luxury listings | Median asking |
|---|---|---|
| Honeymoon Hill | 2 | $2,999,000 |
| Sanders Subd | 2 | $2,420,000 |
| Stewarts Homestead | 1 | $2,965,000 |
| River Fly-In | 1 | $2,000,000 |
| Georgiana Settlement | 1 | $1,599,000 |
| Moore And Cantines Subd | 1 | $1,010,800 |
| Paradise Point | 1 | $1,400,000 |
Luxury inventory by price
| Band | For sale | Share |
|---|---|---|
| $1,000,000–$1,500,000 | 11 | 29% |
| $1,500,000–$2,000,000 | 12 | 32% |
| $2,000,000–$3,000,000 | 10 | 26% |
| $3,000,000–$5,000,000 | 4 | 11% |
| $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 September 16, 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 200 homes for sale in Merritt Island and what $1M buys across Brevard County.