Canaveral
Homes for Sale in Merritt Island, FL
All 214 homes for sale in Merritt Island, FL · median $499,950 · 124 homes for sale in 32952 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 14 closed sales in Canaveral 1St Addn To Plat Of in Merritt Island, FL since 2006, the most recent in January 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 224 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).
This is a small, plat-defined pocket in Merritt Island, and the current MLS snapshot gives us no median price, no active count, and no days-on-market to anchor to. That means price here is driven by the specific home in front of you — lot, condition, and how close it sits to the water and the causeways — far more than by any neighborhood-wide benchmark.
For a buyer, that puts the work on comparables and inspection rather than list price alone; in a thin, older-plat area, two homes a block apart can trade very differently. For a seller, it argues for pricing to condition and recent nearby sales instead of a round number, and for expecting a buyer pool that is doing its homework.
Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside CanaveralHomes 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
Canaveral 1st Addn is a defined plat within Merritt Island in Brevard County — a location play tied to central Space Coast access rather than to community amenities, of which the current listings identify none.
Space Coast MLS sales records identify 10 homes in Canaveral that have changed hands since 2010, built between 1962 and 2005 (median 1963), with a median living area of about 1,715 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. 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 Canaveral is best for.
Best for
- Buyers who value central Merritt Island access and will underwrite the specific house on its own merits
- Buyers who prefer no HOA amenity dues and are comfortable with self-managed ownership
- Buyers willing to do inspection and flood-zone diligence rather than pay for a neighborhood brand
Probably not for
- Buyers who want a pool, gate, or other shared amenities included in ownership
- Buyers who need a clear neighborhood price benchmark before committing
- Buyers unwilling to weigh flood zone, elevation, and system age on an older plat
The market around Canaveral
Canaveral 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 Canaveral specifically. Momentum Research analysis of MLS records.
Canaveral by the numbers
From county property records and closed MLS sales for the Canaveral subdivision: 10 homes on record; built 1962–2005; typical size about 1,713 heated sq ft; 3 bedrooms is the median. Housing mix: single-family 100%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2019 | 1 | $302,500 |
| 2020 | 1 | $345,000 |
| 2021 | 1 | $490,000 |
| 2022 | 1 | $636,000 |
| 2023 | 1 | $530,000 |
| 2025 | 1 | $747,000 |
Newest recorded sale: $747,000 on 2025-01-13.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
The Canaveral buying strategy.
If we were buying in Canaveral 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 Canaveral.
A plat, not a package
The current listings surface no community amenities — no HOA-run pool, gate, or shared common area. That is not a knock; it means what you buy is the house and the parcel, with none of the monthly cost or rule structure that comes with an amenitized community. Value tracks the individual property and its Merritt Island location.
Merritt Island sits in central Brevard with water on both sides and quick reach to the mainland and the beaches via the causeways. In a plat like this, evaluate each home on flood zone, elevation, roof and system age, and lot orientation — those specifics, not a neighborhood brand, will set what you pay and what you can resell for.
The location and the amenities are priced into every listing in Canaveral. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small plat with no amenity story and no reliable neighborhood pricing benchmark, the analysis has to be property-by-property. We build the comp set by hand, weigh condition and flood exposure honestly, and tell you when a specific listing is priced ahead of what the block supports — or when it is the rare one worth moving on.
Canaveral 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 Canaveral 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 Canaveral sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Canaveral, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Canaveral home worth?
Get a no-obligation home value based on real comparable sales in Canaveral, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Merritt Island →
| Location | Merritt Island, Brevard County, FL · ZIP 32952 |
|---|---|
| Homes in the community | 22 (FL DOR 2025 assessment roll) |
| Years built | 1962–2020 (median 1963.0) |
| Typical living area | 2,462 sq ft (median) |
| Owner-occupied (homestead) share | 82% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2006 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Canaveral key facts,” movewithmomentum.com/neighborhoods/canaveral-1st-addn-to-plat-of, data as of September 20, 2026.
More Merritt Island home searches
- All homes for sale in Merritt Island, FL
- Homes for sale in Brevard County, FL
- Merritt Island pool homes for sale
- Merritt Island waterfront homes for sale
- Gated communities in Merritt Island
- Homes under $300K in Merritt Island
- Homes from $300K to $500K in Merritt Island
- 4-bedroom homes for sale in Merritt Island
- Merritt Island home values: what is my house worth?
- ZIP 32952 housing scorecard
Merritt Island guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
- New construction
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
Real estate agent in Merritt Island? Join Momentum in Merritt Island: 100% commission, one $12K cap.
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- N Banana River Drive (2 homes on record)
Email me new listings in CanaveralHomes for Sale
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about CanaveralHomes for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works CanaveralHomes for Sale will answer, and the answer is published on this page for the next buyer.
Recent Developments in Canaveral 1st Addn To Plat Of
Development, infrastructure, retail, and school activity affecting Canaveral 1st Addn To Plat Of, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Infrastructure
Brevard County Brightline station fully funded with $57 million federal grant
The planned Brightline station in Cocoa, near State Road 528, is now fully funded after a federal grant of about $57 million. Cocoa will own the station and Brightline will operate it, linking Cocoa and Port Canaveral to South Florida destinations. No construction start date has been set, and officials expect to release more details in early 2027.
What it may mean for the marketA passenger rail stop near SR 528 would add a regional transit option for commuters and visitors traveling between the Space Coast and other Florida metros. The site is about 5 miles northwest of Canaveral 1st Addn To Plat Of.
Source: FOX 35 Orlando - September 2026Civic
Space Force plans laser counter-drone defenses at Space Coast launch sites
Space Launch Delta 45 plans to deploy counter-drone technology, including lasers, to protect launch pads and critical infrastructure at Cape Canaveral and nearby facilities. Cost and operational date were not disclosed, and officials have not confirmed whether it will extend onto Kennedy Space Center property.
What it may mean for the marketAdded security investment at launch facilities reinforces the base's role as a long-term anchor for aerospace employment in the region. The site is about 11 miles northeast of Canaveral 1st Addn To Plat Of.
Source: FOX 35 Orlando - July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 7 miles southwest of Canaveral 1st Addn To Plat Of, elsewhere in Brevard County.
Source: Viera - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 8 miles southwest of Canaveral 1st Addn To Plat Of, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 17 miles south of Canaveral 1st Addn To Plat Of, elsewhere in Brevard County.
Source: CFL Roads (FDOT) - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 5 miles northeast of Canaveral 1st Addn To Plat Of, elsewhere in Brevard County.
Source: Homes.com News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
How many homes are in Canaveral?
What share of Canaveral is owner-occupied?
When were the homes in Canaveral built?
Who is the best real estate agent for Canaveral?
How do I find a top Merritt Island real estate agent who knows Canaveral?
Can Momentum Realty connect me with an agent for Canaveral?
Where is Canaveral, and what county is it in?
Should you buy in Canaveral?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32952)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2006 (14 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.
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