Harbor Colony Merritt Island in Merritt Island

Harbor Colony Merritt Island
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
35 homesBuilt 1967–2021
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Harbor Colony Merritt Island Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
100%
Under contract
Brevard: 28% (1,397 of 4,982)
0 · 1
For sale · pending
live counts, refreshed twice daily
Ownership and context
46%
Owner-occupied · Harbor Colony Merritt Island
16 of 35 parcels homesteaded (FL DOR 2025)
54%
Non-owner-occupied · Harbor Colony Merritt Island
incl. 34% trust or LLC-held · 3% out-of-state
35
Homes in the community
35 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1967
Community established
homes built 1967-2021, median 1968 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and lot far more than by any headline number. This is an established pocket where the median home was built in 1968 and sits around 1,712 square feet, so what you pay tracks how much updating a given house has already absorbed. Expect a wide spread between untouched originals and homes that have been reworked.

As of July 2026 there are no active listings across the 35 homes, which tells you this is a low-turnover, tightly held community. For a buyer that means patience and readiness to move when something surfaces. For a seller it means little to no direct competition when you do list, though a thin market cuts both ways on pricing confidence.

Best for

  • Primary-residence buyers targeting a compact, established Merritt Island home who can be patient for the right listing
  • Buyers with a renovation budget who want to buy an original and update to their own standard
  • Long-hold owners who value a low-turnover street over rapid resale activity

Probably not for

  • Buyers who need to close quickly and cannot wait for scarce inventory to appear
  • Anyone wanting resort-style shared amenities, since none are identified here
  • Short-term flippers relying on frequent sales and easy comparables

The market around Harbor Colony Merritt Island

Harbor Colony Merritt Island 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 Harbor Colony Merritt Island specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Harbor Colony Merritt Island, Merritt Island

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 23 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-08-11)

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 August 2026 through August 2026. Deemed reliable but not guaranteed.

Recent Developments in Harbor Colony

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

Dev Momentum84/100 · High
  1. July 2026
    Retail & 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 9 miles northwest of Harbor Colony, elsewhere in Brevard County.

    Source: Viera
  2. June 2026
    Development

    Proposed Brevard County USL soccer stadium would anchor new mixed-use development

    Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.

    What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The project is about 4 miles south of Harbor Colony, elsewhere in Brevard County.

    Source: FOX 35 Orlando
  3. June 2026
    Development

    West Melbourne's Space Coast Town Center Expands

    The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.

    What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 6 miles southwest of Harbor Colony, elsewhere in Brevard County.

    Source: WFTV
  4. June 2026
    Development

    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 9 miles northwest of Harbor Colony, elsewhere in Brevard County.

    Source: ClickOrlando
  5. May 2026
    Infrastructure

    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 site is about 3 miles southwest of Harbor Colony.

    Source: CFL Roads (FDOT)
  6. May 2026
    Builder 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 17 miles north of Harbor Colony, elsewhere in Brevard County.

    Source: Homes.com News

Development alerts for Harbor ColonyGet a short monthly email when something new is approved, funded, or opens near Harbor Colony.

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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.

If we were buying in Harbor Colony Merritt Island today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Harbor Colony Merritt Island.

Best Buy
Buyers who want an established Merritt Island address and will wait for the right home.
Biggest Risk
Thin turnover makes both pricing and timing harder to nail.
Sweet Spot
An updated home near the ~1,712 sq ft median in move-in shape.
Avoid If
You need immediate inventory or shared community amenities.

A small established pocket

The housing stock is where the story lives. A median build year of 1968 and median living area near 1,712 square feet point to modest mid-century footprints, but the year-built range stretching to 2021 means a handful of newer or fully rebuilt homes exist alongside the originals. That mix is exactly why price here is condition-driven and hard to pin to a single figure beyond the median.

No community amenities were identified from current MLS listings, so value comes from the homes and the Merritt Island location itself, not from shared facilities. With homesteaded ownership just under half, this is a mostly primary-residence street where inventory rarely comes loose.

The location and the amenities are priced into every listing in Harbor Colony Merritt Island. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 35-home community with nothing currently listed, timing and access matter more than browsing a portal. We watch this street closely, help you read the gap between an original and an updated home before you make an offer, and price a listing correctly when comparable sales are sparse.

Harbor Colony Merritt Island in 15 seconds.

Best forBuyers who want an established Merritt Island address and will wait for the right home.
Biggest advantageA seller here faces little direct competition given zero active listings.
Biggest riskThin turnover makes both pricing and timing harder to nail.
Sweet spotAn updated home near the ~1,712 sq ft median in move-in shape.
Avoid ifYou need immediate inventory or shared community amenities.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Harbor Colony Merritt Island sales matched to your home.

What is your Harbor Colony Merritt Island home worth?

Get a no-obligation home value based on real comparable sales in Harbor Colony Merritt Island, 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 Harbor Colony Merritt Island on the map →

Real comps, not an automated estimate.

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.

$2,120/mo
Brevard County typical true cost to own
$196/mo
Brevard County typical home insurance
Check CDD
Confirm before you offer

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.

Harbor Colony Market Scorecard

Buyer-Leaning Market (limited data)

Harbor Colony is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$365,000
Median sold
$281
Per sqft
n/a
Days on mkt
0/0/1
Active/Pend/Sold

Typical home value in the 32952 ZIP is $440,414, about 10.6% 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 2026-08-23. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

How many homes are in Harbor Colony Merritt Island?
The Florida DOR 2025 assessment roll shows 35 homes in Harbor Colony Merritt Island (public records).
What share of Harbor Colony Merritt Island is owner-occupied?
46% of Harbor Colony Merritt Island parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Harbor Colony Merritt Island built?
Homes in Harbor Colony Merritt Island were built between 1967 and 2021, with a median year built of 1968 (FL DOR 2025 roll).
Who is the best real estate agent for Harbor Colony Merritt Island?
The best agent for Harbor Colony Merritt Island is one who actively works Merritt Island and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Harbor Colony Merritt Island.
How do I find a top Merritt Island real estate agent who knows Harbor Colony Merritt Island?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Harbor Colony Merritt Island and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Harbor Colony Merritt Island?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Harbor Colony Merritt Island purchase or sale - no call center and no pressure.
Primary-residence buyers targeting a compact, established Merritt Island home who can be patient for the right listingExcellent fit
Buyers with a renovation budget who want to buy an original and update to their own standardExcellent fit
Long-hold owners who value a low-turnover street over rapid resale activityExcellent fit
Buyers who need to close quickly and cannot wait for scarce inventory to appearProbably not
Anyone wanting resort-style shared amenities, since none are identified hereProbably not
Short-term flippers relying on frequent sales and easy comparablesProbably not

Nearby Communities

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

BRBanana River Drive Subd Merritt Island0.7 mi awayHPHarbor Pines Merritt Island0.9 mi awayACAngel City Merritt Island1.2 mi awayISIroquois South Merritt Island1.4 mi awayWatermill Merritt Island1.4 mi awaySMS Merritt Estates 1St Grove Sec Merritt Island1.6 mi awaySASunny Acres Subd Merritt Island1.7 mi awayGRGeorgiana Reserve Merritt Island2.1 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace 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 your area comps.

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