Colony Park
Merritt Island

Manufactured homes · sizable lots · no HOA reported · ZIP 32953

A larger-lot manufactured-home community on north Merritt Island where owners own the land, with no HOA and no lot rent reported, and space, privacy, and a light carrying cost are the story.

ManufacturedOwn the landNo HOA reported

Live Market Pulse

44/100
Momentum

Buyer-Leaning Market (limited data)

Resale here turns on the specific home, the lot, and condition; confirm the HOA or any association, any CDD or district assessment, and the flood or insurance picture where applicable before anchoring on a number.

Free · No obligation

Unlock Off-Market Colony Park

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseSpace Coast MLS

$105K

Median Price

16mo

Supply

n/a

Avg DOM

Soft

Seller Leverage

$103/sf

Median $/Sqft

n/a

1-Yr Price Change

0now

Distress

Jon's Current Read

"Colony Park is a north Merritt Island community of manufactured homes on sizable lots where owners own the land, with no HOA and no lot rent reported, near the Pine Island Conservation Area. The draw is space, privacy, room for sheds and RV parking, and a light carrying cost, distinct from lot-rent manufactured parks because you own the ground. Because the homes are manufactured, the right read is the home's age, condition, foundation, and whether the land conveys, plus the financing and insurance picture, which differ from site-built. There is no resort amenity machine; this is a value-and-space play in a quiet part of the island. Comp each home against matched peers by home age, condition, and lot, and verify land conveyance, financing, and insurance before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Colony Park market snapshot (as of June 17, 2026): the median sale price is about $105K ($103 per sq ft), a buyer-leaning market (limited data). Based on 3 recent closings in live Space Coast MLS data.

Colony Park is a community of manufactured homes on sizable lots on north Merritt Island (ZIP 32953), Brevard County, near the Pine Island Conservation Area. Third-party profiles describe a setting where owners own the land, with no HOA and no lot rent reported, and lots large enough for sheds, RV parking, and fenced yards.

The appeal is space and a light carrying cost. Because owners own the ground rather than renting a pad, the math is fundamentally different from a lot-rent manufactured park, and the sizable lots give room and privacy that site-built subdivisions at the same price often cannot match.

Because the homes are manufactured, the diligence differs from site-built. Home age, condition, the foundation type, whether the land conveys, and the financing and insurance picture all matter and vary by property. Manufactured-home financing in particular can be harder and depends on these factors, so it should be lined up before you offer.

The read is the home's age and condition, the land conveyance, the lot, and the financing and insurance. Confirm any county or deed restrictions, the parcel's tax-bill assessments, and the school assignment by address with Brevard Public Schools before you offer.

Quick Match

Who Colony Park is best for.

Best for

Buyers who want a sizable lot with room for sheds, RV parking, and fenced yards
Buyers who want to own the land rather than rent a pad in a manufactured park
Buyers who value a light carrying cost with no HOA and no lot rent reported
Buyers who will verify home age, condition, financing, and insurance

Probably not for

Buyers who want site-built construction with standard financing
Buyers who want resort-style amenities and a master HOA lifestyle
Buyers who want walkable beach access rather than a quiet island setting
Buyers unwilling to take on manufactured-home diligence

Market Pulse

How Colony Park is performing right now

44/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

16Months of supplytight

72Median days on marketdays

0 : 4Under contract vs for salestrong demand

3Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

-19%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Colony Park listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Sea Gate or Merritt Island. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now4 : 0active : pending

For sale4

Pending0

Sold 12mo3

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Colony Park buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Colony Park

Live MLS inventory for Colony Park. 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.

315 Nice Court home for sale in Colony Park

ActiveTop listing

$223,000

3 bd · 2 ba · 1,512 sqft · built 2022

315 Nice Court, Merritt Island, 32953

Strong resaleRenovatedLakefront

Listed by Surfside Properties & Mgmt.

330 Saint Pierre Court home for sale in Colony Park

Active

$118,000

3 bd · 2 ba · 1,344 sqft · built 1980

330 Saint Pierre Court, Merritt Island, 32953

Listed by Keller Williams Space Coast

365 Saint Pierre Court home for sale in Colony Park

Active

$83,000

3 bd · 2 ba · 1,152 sqft · built 1990

365 Saint Pierre Court, Merritt Island, 32953

Reno opportunityBest value

Listed by Property Marketers LLC

345 Marseilles Drive home for sale in Colony Park

Active

$75,000

2 bd · 1 ba · 950 sqft · built 1965

345 Marseilles Drive, Merritt Island, 32953

Reno opportunityBest value

Listed by Kimco Real Estate

Active and pending Colony Park listings as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Interactive Map

Colony Park on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

The central Brevard location is the point: shopping, major roads, and the coast are all within a reasonable drive.

Drive times from the community area; the central location puts shopping, major roads, and the coast within reach.

SR-3 / Courtenay Parkway~5 min · main island corridor

Merritt Island shopping~12 to 15 min · everyday services

SR-528 (Beachline)~12 to 15 min · regional highway

Cocoa Beach / Atlantic beaches~20 to 30 min · via causeway

Cocoa mainland (US-1)~15 min · mainland services

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Colony ParkMerritt Island with Momentum Realty’s local guides.

Armen GrovesMerritt IslandMerritt Island, FL · 0.1 mi

Merritt IslandVillageMerritt Island, FL · 0.2 mi

Sunset LakesMerritt Island, FL · 0.2 mi

The GrovesNorth Merritt IslandMerritt Island, FL · 0.9 mi

Mandalay GroveMerritt IslandMerritt Island, FL · 1.0 mi

Heron Creekon Merritt IslandMerritt Island, FL · 1.4 mi

Otter TraceMerritt Island, FL · 1.4 mi

ParadisePointMerritt Island, FL · 1.5 mi

River IslandRaquette ClubMerritt Island, FL · 1.9 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Colony Park (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Brevard County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Colony Park is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Colony Park address.

The takeaway

What is actually shaping value at Colony Park and north Merritt Island, sourced and dated. We do not publish rumor.

Recent Developments in Colony Park

Development Intelligence

Our read on what is being built around Colony Park, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is a larger-lot manufactured-home community where owners own the land, where the home's age and condition, the lot, and the financing picture drive outcomes. The regional anchor is the Space Coast economy; the local watch items are manufactured-home diligence and confirming land conveyance and financing.

Own the land, no HOA and no lot rent reported

BullishOwning the ground with no lot rent and no HOA gives a fundamentally lighter carrying cost than a lot-rent manufactured park, a real value for space-focused buyers. impact

SignificanceRadius: Community

Own the land, no HOA and no lot rent reported

Manufactured-home financing and insurance differ

NeutralManufactured-home financing can be harder and insurance differs from site-built, depending on age, foundation, and land conveyance, so these must be lined up and verified before an offer. impact

SignificanceRadius: Community

Manufactured-home financing and insurance differ

Sizable lots near conservation land

BullishLarger lots with room for sheds and RV parking, near the Pine Island Conservation Area, offer space and privacy that site-built subdivisions at the same price often cannot match. impact

SignificanceRadius: Community

Sizable lots near conservation land

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Colony Park, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

Ongoing
Development
Larger-lot manufactured-home community on north Merritt Island
Third-party profiles describe Colony Park as a north Merritt Island community of manufactured homes on sizable lots where owners own the land, with no HOA and no lot rent reported, room for sheds and RV parking near the Pine Island Conservation Area. Why it matters: A manufactured-home community rewards a matched comp set by home age, condition, and lot. Verify land conveyance, financing, and insurance before you offer. Source
Ongoing
Region
Space Coast economy anchors Merritt Island demand
The Space Coast economy and Merritt Island's position near the Beachline, beaches, and aerospace corridor anchor steady housing demand across the island, including quieter north-island communities. Why it matters: The regional economy supports demand, but the local read is still the home's age, condition, land conveyance, and financing, confirmed property by property. Source

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.

The Strategy

The Colony Park buying strategy.

If we were buying in Colony Park, this is the order of operations we would run, and the one we run for our clients.

Verify the land conveys with the home. Owning the ground is the core value; confirm it for the specific parcel.

Line up manufactured-home financing early. Terms depend on age, foundation, and land conveyance and can be harder.

Get an insurance quote for the specific home; manufactured-home insurance differs from site-built.

Comp by home age, condition, and lot, not a site-built average.

Confirm county and deed restrictions on sheds, RVs, and rentals, then cross-shop the water-oriented alternative, Sea Gate.

The Quick Decision

Best Buy

A well-maintained newer manufactured home on a sizable lot with the land conveying, comped against matched peers, with financing and insurance lined up.

Biggest Risk

An older home with financing or insurance hurdles, or assuming shed, RV, or rental rules without confirming them.

Best Lot

The largest, most improved lots hold value best; smaller or unimproved lots are the value positions.

Smart Timing

The right home and lined-up financing drive timing; be ready before you offer.

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

The Homes

Type

Manufactured homes

Lots

Sizable, own the land

Size

~950-1,600+ sq ft (reported)

Setting

Quiet, private, north MI

Costs & Fees

HOA

None reported, confirm

Lot rent

None reported, own the land

CDD

None known, verify parcel

Amenities

Lots

Room for sheds, RV parking

Nature

Pine Island Conservation nearby

Privacy

Sizable lots, fenced yards

Setting

Quiet north Merritt Island

Location

Setting

North Merritt Island

Beaches

Reported ~20 to 30 min

SR-528 / Beachline

Reasonable reach

The Homes & Lots

The product here is manufactured homes on sizable lots, reported from roughly 950 to 1,600 or more square feet. Because the homes are manufactured and vary in age, a careful inspection, foundation, systems, roof, and tie-downs, matters more here than in a uniform site-built subdivision.

Value should be read against matched peers by home age, condition, and lot, not a site-built average. Owning the land and the lot size drive the number.

Colony Park vs. the Alternatives

The honest comparison set for a Colony Park buyer on Merritt Island:

Community	Type	The trade
Colony Park	Manufactured · larger lots	Own the land, no HOA, manufactured-home diligence
Sea Gate	Established · water-oriented	Site-built, canal-area setting, varied sections
Georgiana Settlement	Riverfront · historic	Indian River frontage, boating, premium waterfront

The pattern: Colony Park wins on space and a light carrying cost where you own the land; Sea Gate wins on a site-built water-oriented setting; Georgiana wins on river frontage. There is no wrong answer, only a wrong match for your priorities.

Touring more than one? We will build you a same-day Merritt Island route with the comp sheets in hand.

Plan the tour

Colony Park Homes For Sale

What your money buys in Colony Park.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Colony Park today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: older or smaller homes

$78K to $105K

Older or smaller manufactured homes on the community's lots, the value entry point.

Lowest entry

Core: updated homes

$105K to $199K

Updated or newer manufactured homes on sizable lots. The core of the community.

Most inventory

High: newer or large-lot homes

$199K to $199K

Newer manufactured homes or those on the largest, most improved lots, the top of the range. Home age and lot separate these most.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$105K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$78K to $105K

Entry: older or smaller homes

Older or smaller manufactured homes on the community's lots, the value entry point.

$105K to $199K

Core: updated homes

Updated or newer manufactured homes on sizable lots. The core of the community.

$199K to $199K

High: newer or large-lot homes

Newer manufactured homes or those on the largest, most improved lots, the top of the range. Home age and lot separate these most.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Colony Park, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Better lots and views resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Colony Park is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Colony Park holds value.

Our read on the factors that protect resale here, and the one to manage.

Established or well-kept housing stockSolid

Central Brevard locationStrong

Confirm HOA or association scopeManage it

Read condition on the specific homeManage it

Confirm any CDD or district assessmentWatch it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Colony Park

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Underbudgeting the carrying costs
Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Colony Park is a space-and-value play where you own the land. The deal is won or lost on the home's age and condition, the land conveyance, and the financing, comped against matched peers, not a site-built average.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.2B · Buy Score

Resale Strength6.8/10

Renovation Risk7.0/10

Location Efficiency7.4/10

Long-Term Defensibility7.0/10

Carrying Cost Advantage9.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Colony Park is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take

The largest, most improved lots hold value best
Smaller or unimproved lots are the value positions
Owning the land is the core value driver
Verify land conveyance and home foundation
Read the home's age and the lot before the finishes

Colony Park value is driven by home age and condition and lot first, with owning the land the foundational value driver. The largest, most improved lots hold value best, while smaller or unimproved lots are the value positions. Because the homes are manufactured, the diligence centers on the home's age, foundation, and condition, whether the land conveys, and the financing and insurance picture, all of which differ from site-built. Read the home's age and the lot before you fall for the finishes.

The 15-Second Verdict

Colony Park in 15 seconds.

Best forBuyers who want a sizable lot where they own the land, with room for sheds and RV parking and a light carrying cost.

Strong onOwning the land, no HOA and no lot rent reported, sizable private lots, conservation land nearby, and reasonable reach to the Beachline and beaches.

WatchManufactured-home financing and insurance, home age and condition, a narrower resale pool, and shed and RV rules. Verify the details before you offer.

Not forBuyers who want site-built construction, master-planned amenities, or walkable beach access.

The edgeA well-maintained newer home on a sizable lot where the land conveys, comped against matched peers, can be a durable space-and-value buy.

HOA, CDD & Fees

15-Second Take

No HOA and no lot rent reported, own the land
Light carrying cost, confirm any restrictions per parcel
Manufactured-home financing and insurance differ, line up early
No known CDD; verify assessments on the tax bill
Confirm shed, RV, and rental rules before you offer

Colony Park reports no HOA and no lot rent, owners own the land, which keeps the carrying cost light. The bigger considerations are manufactured-home financing and insurance, which differ from site-built and depend on the home's age, foundation, and whether the land conveys. The honest move is to verify land conveyance, line up appropriate financing early, get an insurance quote, and confirm county and deed restrictions on sheds, RVs, and rentals, plus any assessments on the tax bill, no known CDD applies, but we check the parcel every time.

The honest note: we verify the land conveyance, the home's age and foundation, financing, and insurance for the specific parcel before you write a number, because those factors, not an HOA line, drive the deal here.

Want the details? We will send the land-conveyance, financing, and insurance read for a Colony Park listing you are watching.

Get the details

Run Your Numbers

Tools for a Colony Park buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxBrevard County millage and the homestead picture.Rent vs buyThe breakeven on owning in Colony Park.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Colony Park

Price it to your home's condition, the lot, and the land you own.

If you are selling in Colony Park, the right list price comes from matched comps by home age, condition, and lot size, not a site-built average. Owning the land and the sizable lot are the story.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Colony Park, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Sea Gate, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Colony Park home worth?

Get a no-obligation home value based on real comparable sales in Colony Park matched to your condition, lot, and view, 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 homes for sale in Colony Park on the map →
Or get your Colony Park home value & selling guide →

Real comps, not a Zestimate.

Colony Park Market Scorecard

Buyer-Leaning Market (limited data)

Colony Park is currently a buyer-leaning market (limited data). About 16.0 months of supply, a median asking price of $100,500.

16.0

Months supply

$100,500

Median list

$105,000

Median sold

$103

Per sqft

n/a

Days on mkt

4/0/3

Active/Pend/Sold

Typical home value in the 32953 ZIP is $427,456, about 2.1% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Colony Park located?

A manufactured-home community on north Merritt Island, FL (ZIP 32953), Brevard County, near the Pine Island Conservation Area and SR-3 / Courtenay Parkway.

What kind of homes are in Colony Park?

Manufactured homes on sizable lots where owners own the land, reported roughly 950 to 1,600 or more square feet. Confirm the home's age, condition, and the lot for any specific property before you offer.

Is there an HOA or lot rent in Colony Park?

No HOA and no lot rent are reported, owners own the land. We confirm whether any restrictions or dues apply to the specific parcel before you buy.

Does Colony Park have a CDD or district assessment?

No community development district is known here, but we verify non-ad-valorem assessments on the actual tax bill for any home before you offer.

Can I have a shed or RV on my lot?

The sizable lots are known for allowing sheds, RV parking, and fenced yards, but it depends on county zoning and any deed restrictions. Confirm the current rules for the specific parcel before you buy with such plans.

How does financing a manufactured home work?

Manufactured-home financing differs from site-built, and terms depend on the home's age, whether it is on a permanent foundation, and whether the land conveys. We help you line up appropriate financing before you offer.

What are home prices like in Colony Park?

Value turns on home age, condition, and lot, so each property reads individually. We pull matched comps by home age and lot before you offer.

How far is the beach?

Roughly 20 to 30 minutes east to the Cocoa Beach area Atlantic beaches, depending on your route. Colony Park is a north Merritt Island location.

What schools serve Colony Park?

The community is in Brevard Public Schools, zoned by address. Assignment changes, so confirm the current zoning with the district for any specific home.

What is north Merritt Island like to live in?

North Merritt Island is quieter and more rural than the island's commercial core, with conservation land like Pine Island nearby and reasonable reach to the Beachline, beaches, and Merritt Island services.

What about insurance on a manufactured home?

Insurance for manufactured homes differs from site-built and depends on the home's age, construction, and tie-downs. Get an insurance quote early for any specific home before you offer.

Are there rental restrictions?

Without a reported HOA, rental rules are generally light, but confirm any county restrictions or deed restrictions for the specific parcel before you buy with rental plans.

Is now a good time to buy in Colony Park?

The right buy is about matching price to home age, condition, and lot. Prepared buyers with appropriate financing lined up and a clear comp read have the advantage.

Do I need my own agent to buy in Colony Park?

Yes. Your own agent verifies the land conveyance, the home's age and condition, appropriate financing, and a matched comp set, and negotiates for you. Momentum Realty does exactly that.

The Verdict

Should you buy in Colony Park?

An honest fit check. We will tell you when it is not your community.

You want a sizable lot with room for sheds, RV parking, and fenced yardsExcellent fit

You want to own the land rather than rent a pad in a manufactured parkExcellent fit

You value a light carrying cost with no HOA and no lot rent reportedExcellent fit

You want a quiet north-island setting near conservation landExcellent fit

You will verify home age, condition, financing, and insuranceExcellent fit

You want site-built construction with standard financingProbably not

You want resort-style amenities and a master HOA lifestyleProbably not

You want walkable beach access rather than a quiet island settingProbably not

You are unwilling to take on manufactured-home diligenceProbably not

You want a deep resale pool of site-built homesProbably not

Get the inside read on Colony Park

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Colony Park home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty Colony Park specialist will reach out personally, usually the same day.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

Colony ParkMerritt Island

The 60-Second Overview

Who Colony Park is best for.

Best for

Probably not for

How Colony Park is performing right now

Homes For Sale Right Now in Colony Park

Colony Park on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Colony Park

Own the land, no HOA and no lot rent reported

Manufactured-home financing and insurance differ

Sizable lots near conservation land

Larger-lot manufactured-home community on north Merritt Island

Space Coast economy anchors Merritt Island demand

The Colony Park buying strategy.

The full read, only if you want it.

The Homes

Costs & Fees

Amenities

Location

What your money buys in Colony Park.

What ~$105K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Colony Park holds value.

5 Mistakes Buyers Make in Colony Park

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Underbudgeting the carrying costs

Skipping the systems check

Momentum Buy Score.

Why our read on Colony Park is different.

Which Lots & Views Hold Value Best

Colony Park in 15 seconds.

HOA, CDD & Fees

Tools for a Colony Park buy.

Price it to your home's condition, the lot, and the land you own.

In Colony Park, condition and view decide your number

What is your Colony Park home worth?

Price History: What Homes Here Have Actually Sold For

Colony Park Market Scorecard

Frequently Asked Questions

Should you buy in Colony Park?

Get the inside read on Colony Park

You are all set.

Need to sell fast in Brevard County?

You just read the data. Now see what your home is worth.

Colony Park
Merritt Island