Bello Rio
Condos for Sale in Merritt Island, FL
All 215 homes for sale in Merritt Island, FL · median $510,000 · 36 condos for sale in Merritt Island · 117 homes for sale in 32952 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 21 closed sales in Bello Rio Condo in Merritt Island, FL since 2004, the most recent in July 2025. Across Merritt Island as a whole, 263 homes closed in the last 12 months at a median of $440,000, 48 median days on market, with 66 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,870 ($6,240 with the full homestead exemption).
Bello Rio is a small condo community in Merritt Island, and the honest starting point is that the current MLS snapshot is thin. As of mid-2026 there are no recent closings on record here, which means there is no active price signal coming off this specific community right now. That is not a red flag by itself, but it is a reason to underwrite carefully rather than lean on a headline number.
With no closings in the window and no amenities identified from current listings, pricing here will be driven by the unit itself: condition, floor plan, updates, and how the association is run. For a buyer, that means the negotiation is unit-by-unit, not community-by-community. For a seller, it means comparable evidence has to be built from nearby condo stock, and pricing to condition matters more than trying to ride a community trend that the data does not yet show.
Nearby homes for sale
No active listings inside Bello RioCondos for Sale in Merritt Island, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Bello Rio is a condo community in Merritt Island, in Brevard County, close to the water-oriented corridors the barrier island is known for. The current listing picture is quiet, so treat any single unit here on its own merits rather than as part of a hot or cold community trend.
Space Coast MLS sales records identify 9 homes in Bello Rio Condo that have changed hands since 2014, built between 1979 and 1979 (median 1979), with a median living area of about 1,803 sq ft and a typical 3-bedroom, 2.5-bath layout; 89% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Bello Rio Condo is best for.
Best for
- Buyers targeting a lower-maintenance Merritt Island condo who will read the association's finances closely
- Value-focused buyers willing to negotiate one unit at a time in a quiet market
- Long-hold buyers who care more about condition and dues than a fast resale trend
Probably not for
- Buyers who need on-site amenities to justify a condo purchase
- Buyers who want recent, comparable sales inside the community before committing
- Buyers seeking a quick flip who need an active, fast-moving resale market
The market around Bello Rio Condo
Bello Rio Condo is too small for its own price trend, so here is the market around it.
In ZIP 32952, 145 homes are on the market and 26% are under contract — a steady corner of Merritt Island.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32952 (Merritt Island), 261 homes closed in the last 12 months at a median of $327K ($237/sq ft), down 1.5% year over year, with a median 50 days on market. Right now 49 active and 15 pending listings put supply at about 5.6 months — a buyer's market. See the live ZIP 32952 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Bello Rio Condo specifically. Momentum Research analysis of MLS records.
The Bello Rio Condo buying strategy.
If we were buying in Bello Rio Condo today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Bello Rio Condo.
A thin-data condo read
The defining feature of Bello Rio right now is what the data does not tell you. There are no closings in the current window and no community amenities surfacing from MLS listings, so the usual shortcuts — recent sale pace, an amenity premium, a clear price band — are not available. When a community reads this quiet, value is set almost entirely at the unit level and by the health of the association.
If you are considering a purchase here, the work moves off the listing sheet and onto the fundamentals: the condo association's budget and reserves, the monthly dues and what they cover, any pending assessments, insurance posture, and rental or occupancy rules. On Merritt Island, being on the barrier island also makes flood zone and insurance questions worth confirming early. None of that is a knock on Bello Rio; it is simply where the real diligence lives when the market data is quiet.
The location and the amenities are priced into every listing in Bello Rio Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with no recent closings to lean on, our value is building the comparable picture from the surrounding Merritt Island condo market and pressure-testing the association documents before you commit. We will read the reserves, dues, and any assessment history with you, and we will tell you plainly when a unit does not justify its ask — or when the quiet market is actually your negotiating advantage.
Bello Rio Condo in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Bello Rio Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bello Rio Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Bello Rio Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Bello Rio Condo home worth?
Get a no-obligation home value based on real comparable sales in Bello Rio Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in Bello Rio Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (21 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 Space Coast 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 Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Bello Rio Condo fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Bello Rio
Where is Bello Rio?
Bello Rio is a community in Merritt Island, Brevard County, Florida, ZIP 32952.
Are there homes for sale in Bello Rio right now?
No active listings inside Bello Rio at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Bello Rio have an HOA or CDD?
No HOA is on record for Bello Rio in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
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