Gateway
Homes for Sale in Merritt Island, FL
All 221 homes for sale in Merritt Island, FL · median $499,900 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
Gateway Unit No 1 is a community in Merritt Island, Brevard County, FL. 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 $6,870 ($6,240 with the full homestead exemption).
| Location | Merritt Island, Brevard County, FL |
|---|---|
| Homes in the community | 14 (FL DOR 2025 assessment roll) |
| Years built | 1964–1967 (median 1966) |
| Typical living area | 1,872 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 79% |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Gateway Unit No 1 key facts,” movewithmomentum.com/neighborhoods/gateway-unit-no-1-merritt-island, data as of July 15, 2026.
Last 30 days in Gateway: 1 closed sale (median $935,000). As of October 2, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Gateway Unit No 1 is a small, tightly held pocket of Merritt Island: 14 homes, all built in a narrow window in the mid-1960s. With no active listings on the market right now, price here is set less by comparable inventory and more by the condition of whatever comes available. These are homes of roughly the same era and footprint, so what separates one sale from the next is updates, systems, and renovation state rather than square footage.
For a buyer, the posture is patience: nothing is listed, and turnover in a pocket this size is thin, so you wait for the right door to open and move decisively when it does. For a seller, scarcity is your leverage. With no competing listings and a high share of owner-occupants who tend to stay put, a well-prepared home can command attention. Price it to the condition, not to a wish.
Nearby homes for sale
No active listings inside Gateway Unit No 1 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
This is a compact enclave of 14 homes on Merritt Island in Brevard County, built between 1964 and 1967 and largely owner-occupied. It reads as an established, low-turnover street rather than an active marketplace.
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 Gateway is best for.
Best for
- Buyers targeting an established Merritt Island location who can be patient until inventory appears
- Buyers comfortable renovating or updating a 1960s-era home and pricing that work into their budget
- Long-hold owners who value a stable, low-turnover street over a fast-moving market
Probably not for
- Buyers on a fixed deadline who need something available to tour today
- Buyers who want new construction or move-in-ready modern finishes without renovation work
- Buyers who expect shared community amenities or a larger footprint than the mid-century norm here
The market around Gateway
Gateway is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Gateway specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Gateway Unit No 1, 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 Gateway buying strategy.
If we were buying in Gateway 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 Gateway.
A small, settled mid-century pocket
The housing stock here is consistent: a median build year of 1966 and a median living area around 1,872 square feet. That uniformity is useful for a buyer trying to read value, because differences in price will come down to condition and updates rather than wildly different homes. Expect a single-story mid-century layout as the baseline, and budget for the reality that homes of this age often need attention to roofs, systems, and finishes.
No community amenities were identified from current MLS listings, so buy this pocket for the homes and the location, not for shared facilities. The owner-occupant share sits near 79 percent, which points to a stable street where homes don't churn often. With zero active listings as of mid-2026, this is a place you monitor rather than shop on a schedule.
The location and the amenities are priced into every listing in Gateway. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 14-home pocket with nothing currently listed, the deal usually happens before it hits the open market. We track this street, know when something is likely to move, and can tell you honestly whether a given home's asking price matches its condition. For sellers, we help you use the scarcity here without overreaching on a number the condition can't support.
Gateway 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 Gateway 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 Gateway sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Gateway, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Gateway home worth?
Get a no-obligation home value based on real comparable sales in Gateway, 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 →
Recently off market in Gateway Unit No 1
Homes in Gateway Unit No 1 that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 565 W Gateway Court · off market
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Gateway Market Scorecard
Gateway is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32952 ZIP is $439,399, about 10.3% below 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 2026-10-02. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Gateway?
What share of Gateway is owner-occupied?
When were the homes in Gateway built?
Who is the best real estate agent for Gateway?
How do I find a top Merritt Island real estate agent who knows Gateway?
Can Momentum Realty connect me with an agent for Gateway?
Where is Gateway, and what county is it in?
Should you buy in Gateway?
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) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
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 →
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See how Gateway Unit No 1 fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Gateway with Momentum Realty’s local guides.