Costa Norte
Homes for Sale in Merritt Island, FL
All 209 homes for sale in Merritt Island, FL · median $525,000 · 101 homes for sale in 32953 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, the MLS records 40 closed sales in Costa Norte in Merritt Island, FL since 2005, the most recent in July 2026. Recorded prices since 2024 ran from $450,000 to $685,000 (median $685,000), on homes of 1,958 to 2,964 sq ft. 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 $10,690 ($10,070 with the full homestead exemption).
Costa Norte is a small Merritt Island community, and the honest starting point is that current MLS activity gives us very little to model. With no closings in the window we're working from and no community amenities identified from present listings, there's no median price to anchor to and no recent comps to lean on. That isn't a red flag — it's a data gap, and it changes how you should approach both buying and selling here.
When a community trades this thinly, price is set almost entirely by the individual home in front of you: its condition, its lot, and how it stacks against comparable properties across the broader Merritt Island market rather than inside Costa Norte itself. For a buyer, that means underwriting each home on its own merits. For a seller, it means pricing off outside comps and being ready to justify the number, because there's no active local trend doing the work for you.
Nearby homes for sale
No active listings inside Costa NorteHomes 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
Costa Norte is a modest Merritt Island pocket in Brevard County with no current MLS listing activity to build a price picture from and no community amenities showing in the feed. Treat it as a home-by-home market, not a trend-driven one.
Space Coast MLS sales records identify 22 homes in Costa Norte that have changed hands since 2007, built between 1987 and 2006 (median 1990), with a median living area of about 2,445 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% are townhomes. 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 Costa Norte is best for.
Best for
- Buyers willing to underwrite a home on its own condition and lot rather than a neighborhood trend
- Long-hold buyers who don't need a liquid, fast-moving local market
- Sellers prepared to price and justify off wider Merritt Island comparables
Probably not for
- Buyers who want abundant active inventory and recent local comps before committing
- Buyers prioritizing built-in community amenities, none of which show in current listings
- Sellers expecting a strong local trend to carry their price
The market around Costa Norte
Costa Norte is too small for its own price trend, so here is the market around it.
In ZIP 32953, 143 homes are on the market and 28% 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 32953 (Merritt Island), 243 homes closed in the last 12 months at a median of $435K ($251/sq ft), down 9.8% year over year, with a median 40 days on market. Right now 42 active and 11 pending listings put supply at about 4.1 months — a balanced market. See the live ZIP 32953 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Costa Norte specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Costa Norte, Merritt Island
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
The Costa Norte buying strategy.
If we were buying in Costa Norte 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 Costa Norte.
A thin-data community on Merritt Island
The defining feature of Costa Norte right now is the absence of a working dataset. No closings in our current window and no amenities pulled from active listings means anyone who quotes you a confident price or a trend line is guessing. We'd rather say plainly that the local signal is quiet and then do the work of pulling wider Merritt Island comparables to fill the gap.
That posture rewards patience and homework. Because there's no on-the-market inventory shaping expectations, valuation here rests on condition and the specifics of the individual property. Buyers should expect to lean on broader-area evidence and negotiate on the merits of the house; sellers should expect to educate the market rather than ride an established one.
The location and the amenities are priced into every listing in Costa Norte. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this quiet, the value we add isn't a stat sheet — it's the legwork of building comps from the surrounding Merritt Island market and reading each home on its own condition and lot. We'll tell you when the local data can't support a number, and we'll show you what it can support instead.
Costa Norte in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $261/month (about $3,132/yr) · median of 18 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $261 per month ($3,132 a year) — the median AssociationFee across 18 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
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 Costa Norte 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 Costa Norte sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Costa Norte, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Costa Norte home worth?
Get a no-obligation home value based on real comparable sales in Costa Norte, 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 →
Should you buy in Costa Norte?
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: October 1, 2026) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (40 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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Costa Norte fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Costa Norte
Where is Costa Norte?
Costa Norte is a community in Merritt Island, Brevard County, Florida, ZIP 32953.
Are there homes for sale in Costa Norte right now?
No active listings inside Costa Norte at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Costa Norte have an HOA or CDD?
No HOA is on record for Costa Norte 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.
Nearby Communities
Explore more neighborhoods near Costa Norte with Momentum Realty’s local guides.