Bridgewater Phase 1
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
Median sale $637K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Live · Bridgewater Phase 1 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$637K
Median sold · 12 mo
$254/sf
Sold $/sqft · 12 mo
peak $254 in 2026
95.9%
Sale vs ask
Brevard median: 96.2%
Tempo
61days
Median DOM · closed
34 days at the 2021 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 22 years of records
2,493sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Bridgewater Phase 1 in Merritt Island prices on condition and square footage more than on any shared amenity package — there's nothing identified in the current MLS listings to add a lifestyle premium, so the home itself carries the value. With a median around $253 per square foot and a median price in the mid-$630s, this reads as a market where larger or better-finished homes stretch the number and where the spread is driven by what's behind the front door, not the entrance sign.

The market posture is patient. A median of roughly 60 days on market says homes here are not clearing in a weekend, which gives a buyer room to inspect, negotiate, and walk if the numbers don't work. For a seller, that same figure is the message: price to condition on day one, because this is not a market that rewards testing a high number and waiting.

The 60-Second Overview

Bridgewater Phase 1 market snapshot (as of July 15, 2026): the median sale price is about $637K ($254 per sq ft over the trailing 12 months of closed sales), and a median 61 days on market for closed sales.

Bridgewater Phase 1 is a small, home-driven pocket of Merritt Island where value tracks size and finish rather than community perks. With no amenities identified in current listings, buyers are paying for the house and the location, not a shared package.

Best for

  • Buyers with a budget centered on the mid-$630s who want space and finish over shared amenities
  • Deliberate buyers who value a slower market with room to inspect and negotiate
  • Sellers willing to price to condition from day one rather than test a high number

Probably not for

  • Buyers who want an amenity-rich community with pools, clubs, or shared spaces
  • Buyers needing to close fast in a low-inventory, quick-turn market
  • Buyers who want deep sales history to anchor value, given the thin recent closings

Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period %s through %s. Deemed reliable but not guaranteed.

Every sale since 2004 · price vs size
$0$250K$500K$750K2k3k
31 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 4 in the current window.

If we were buying in Bridgewater Phase 1 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Bridgewater Phase 1.

Best Buy
Buyers who want a Merritt Island home and are paying for the house itself, not a shared amenity package.
Biggest Risk
A thin closings window means the medians are directional and need home-by-home verification.
Sweet Spot
A well-finished home priced honestly against condition near the mid-$630s median.
Avoid If
You need a community built around amenities, because none are identified here.

A condition-driven market with a patient clock

The two numbers that matter most here are the median price in the mid-$630s and the median of about $253 per square foot. Read together, they tell you square footage and finish level move the price, and that the range you'll see across active listings comes down to how updated a given home is. There is no amenity story to lean on, so underwrite the house directly.

The roughly 60-day median days on market sets the pace. That's a slower clock than a hot seller's market, and it favors a prepared buyer who can take time on due diligence. Note also that this snapshot rests on a thin closings window — only a handful of recent sales — so treat these medians as directional and verify against the specific home and its comps before committing to a number.

The location and the amenities are priced into every listing in Bridgewater Phase 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin on recent closings, the median is a starting point, not a verdict. We work the actual comps home by home, weigh condition and square footage against that mid-$630s median, and use the slower 60-day clock to your advantage — as leverage on the buy side, or as the reason to price right on day one when you sell.

Bridgewater Phase 1 in 15 seconds.

Best forBuyers who want a Merritt Island home and are paying for the house itself, not a shared amenity package.
Biggest advantageA patient market with time to inspect and negotiate before you commit.
Biggest riskA thin closings window means the medians are directional and need home-by-home verification.
Sweet spotA well-finished home priced honestly against condition near the mid-$630s median.
Avoid ifYou need a community built around amenities, because none are identified here.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bridgewater Phase 1 sales matched to your home.

What is your Bridgewater Phase 1 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Bridgewater Phase 1?
The median sale price in Bridgewater Phase 1 was $637K over the 12 months ending July 15, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Bridgewater Phase 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 61 days on market (4 sales, Space Coast MLS).
Who is the best real estate agent for Bridgewater Phase 1?
The best agent for Bridgewater Phase 1 is one who actively works Merritt Island and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Bridgewater Phase 1.
How do I find a top Merritt Island real estate agent who knows Bridgewater Phase 1?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Bridgewater Phase 1 and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Bridgewater Phase 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Bridgewater Phase 1 purchase or sale - no call center and no pressure.
Buyers with a budget centered on the mid-$630s who want space and finish over shared amenitiesExcellent fit
Deliberate buyers who value a slower market with room to inspect and negotiateExcellent fit
Sellers willing to price to condition from day one rather than test a high numberExcellent fit
Buyers who want an amenity-rich community with pools, clubs, or shared spacesProbably not
Buyers needing to close fast in a low-inventory, quick-turn marketProbably not
Buyers who want deep sales history to anchor value, given the thin recent closingsProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (31 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 your area comps.

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More Merritt Island & Space Coast / Brevard County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.

Thinking of selling in Bridgewater Phase 1? 4 recorded closings; median 60 days on market (window ending 2026-07-15). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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