Caribbean Isles
Homes for Sale in Merritt Island, FL
All 207 homes for sale in Merritt Island, FL · median $475,000 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of November 2026, Caribbean Isles in Merritt Island, FL has 1 home for sale. Homes listed or recently sold were built 1964–1966; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 5 ft).
Caribbean Isles sits in Merritt Island with a median price around the mid-$320s and a median near $220 per square foot. With no shared amenities showing up in current MLS listings, price here is driven by the house itself — condition, updates, and square footage — rather than by any community package you're paying into.
The market posture is squarely neutral: a heat score of 50 and roughly 41 days to sell tell you neither side holds the leverage. Year-over-year values are essentially flat, up 1.3%. For sellers that means pricing to condition and expecting a normal-length marketing window; for buyers it means room to inspect, negotiate, and walk away without the pressure of a runaway market.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Caribbean Isles right now
🟡 Balanced market. 3.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of November 8, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 13, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
This is a straightforward Merritt Island neighborhood where the home you buy — not a clubhouse or gated entry — is what you're paying for. Expect a measured pace and prices that reward homes in genuinely good shape.
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.
The setting & the homes.
Aerial and on-site photos of Caribbean Isles. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Caribbean Isles
Caribbean Isles
Caribbean Isles
Caribbean IslesPhotos from Space Coast MLS listings in Caribbean Isles; content deemed reliable but not guaranteed.
Who Caribbean Isles is best for.
Best for
- Buyers targeting the mid-$300s who want a standalone home rather than an amenity-heavy community
- Renovation-minded buyers ready to price and finish cosmetic work themselves
- Sellers with an updated, well-kept home willing to sit through a roughly 41-day marketing window
Probably not for
- Buyers who want a clubhouse, pool, or gated community built into the address
- Sellers expecting a fast, above-ask sale in a currently balanced market
- Buyers who need a large, deep pool of recent comps to feel confident on price
The market around Caribbean Isles
Caribbean Isles is too small for its own price trend, so here is the market around it.
Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).
ZIP and county figures describe the wider market, not Caribbean Isles specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Caribbean Isles
Live MLS inventory for Caribbean Isles. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Caribbean Isles listings as of 2026-11-12, priced high to low. Based on information from the Space Coast MLS. Tap any home to ask about it.
Caribbean Isles on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Audubon · Elementary
- Jefferson · Middle
- Merritt Island · High
Zoned schools reflect the assignments reported on recent Caribbean Isles listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Caribbean Isles address.
Shop the zone: Homes zoned for Merritt Island High School
The Caribbean Isles buying strategy.
If we were buying in Caribbean Isles 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 Caribbean Isles.
A condition-driven market with no amenity premium
Because no community amenities surface in the current listings, there's no HOA-driven floor propping up values and no shared-facility premium baked into the median. That tends to widen the spread between a dated house and an updated one at the same square footage — the gap shows up in the per-square-foot number, which sat near $220 as of mid-2026. Buyers who can price renovation work honestly have the clearest path to value.
The closings window here is thin — just four recent sales feeding the snapshot — so treat the median as a directional read rather than a precise line in the sand. In a small-sample neighborhood, a single unusual sale can move the number, which is exactly why the individual comps and the specific condition of a given house matter more than the headline figure.
The location and the amenities are priced into every listing in Caribbean Isles. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a thin-data, condition-driven market like this one, the median only tells you so much. We read the actual comps house by house, separate updated stock from deferred-maintenance stock, and price to the home in front of us — so sellers don't leave money on the table and buyers don't overpay for someone else's finishes.
Caribbean Isles in 15 seconds.
Tools for a Caribbean Isles 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 Caribbean Isles sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Caribbean Isles, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Caribbean Isles home worth?
Get a no-obligation home value based on real comparable sales in Caribbean Isles, 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 →
Every Home for Sale in Caribbean Isles Right Now (1)
All 1 active and pending Caribbean Isles listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1300 Lester Court · $399,900 · 4 bd / 2 ba · listed Aug 14, 2026 · listed by Relentless Real Estate Co.
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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
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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What it really costs to own in Caribbean Isles
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $3,800/yr across 3 listings here (MLS tax records, 2026-11-13). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1965 across 3 listings. An original roof here would be about 61 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Caribbean Isles
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 Caribbean Isles
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Caribbean Isles will answer, and the answer is published on this page for the next buyer.
Recent Developments in Caribbean Isles
Development, infrastructure, retail, and school activity affecting Caribbean Isles, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Infrastructure
Port Canaveral board reviews cruise revenue, Terminal 10 rehab and marina plans
Fiscal 2026 cruise revenue reached $210 million, about $10 million above projections, and the board was asked to add $2.7 million to the Cruise Terminal 10 rehab order. Bluepoints Marina is set to close by the end of 2028 for Cruise Terminal 4, with Cape Marina becoming full-service, and a $2.9 million commercial fishing facility is under way on Mullet Road.
What it may mean for the marketPort projects signal continued terminal investment and shifting boat-slip and waterfront commercial capacity near Cape Canaveral. The site is about 5 miles east of Caribbean Isles.
Source: WKMG ClickOrlando - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The site is about 9 miles south of Caribbean Isles.
Source: Space Coast Daily - October 2026Civic
Cocoa Beach commission asks state to study faster boat channels on the Banana River
The commission unanimously passed a proposal asking Florida wildlife officials to review manatee speed zones, with the mayor suggesting 25 mph daytime channels. The request is not final, and the state has not set a study timeline.
What it may mean for the marketAny change in speed zones could shorten boat travel times for waterfront residents and marine businesses around Cocoa Beach. The site is about 5 miles east of Caribbean Isles.
Source: FOX 35 Orlando - 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 3 miles west of Caribbean Isles.
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 10 miles northeast of Caribbean Isles.
Source: FOX 35 Orlando
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.
20% of homes for sale in ZIP 32952 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-13).
Frequently Asked Questions
Is Caribbean Isles a buyer's or seller's market right now?
Who is the best real estate agent for Caribbean Isles?
How do I find a top Merritt Island real estate agent who knows Caribbean Isles?
Can Momentum Realty connect me with an agent for Caribbean Isles?
Where is Caribbean Isles, and what county is it in?
Should you buy in Caribbean Isles?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: November 12, 2026) |
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
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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