Indian Bay Estates Ph Ii Stage 2
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
Median sale $940K
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Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · Indian Bay Estates Ph Ii Stage 2 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$940K
Median sold · 12 mo
$288/sf
Sold $/sqft · 12 mo
peak $288 in 2026
97.3%
Sale vs ask
Brevard median: 96.2%
Tempo
8days
Median DOM · closed
8 days at the 2026 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 21 years of records
2,389sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The story here is condition and setting, not a menu of shared perks. Indian Bay Estates Ph II Stage 2 carries a median around $940,000 and a median of roughly $288 per square foot, which tells you the value sits in the homes themselves — how they are built, how they show, and where they sit on Merritt Island — rather than in community amenities, of which the current listings identify none.

The market posture is tight. Median days on market is 8, so well-priced, well-presented homes are not sitting. Sellers have a real timing advantage right now, and buyers should come pre-approved and ready to move; hesitation on a strong listing tends to cost you the house. That said, the closing sample is small, so treat these figures as a current read, not a deep trend.

The 60-Second Overview

Indian Bay Estates Ph Ii Stage 2 market snapshot (as of July 15, 2026): the median sale price is about $940K ($288 per sq ft over the trailing 12 months of closed sales), and a median 8 days on market for closed sales.

This is a higher-priced Merritt Island pocket where the price reflects the individual home and its site rather than any shared community offering, since none is identified in current listings.

Best for

  • Buyers with a budget around the upper-$900s looking for a specific Merritt Island home
  • Move-ready buyers who are pre-approved and can act inside a short window
  • Sellers with a well-presented home who want to capitalize on brisk current demand

Probably not for

  • Buyers who want a resort-style amenity package built into the community
  • Bargain hunters expecting entry-level pricing in this pocket
  • Buyers who need weeks to deliberate and won't move on an 8-day market

Windows contain 0 to 5 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$250K$500K$750K$1M20122014201620182020202220242026
Every sale since 2005 · price vs size
$0$1M$2M2k3k4k5k
41 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$30020122014201620182020202220242026
Up from $109 in 2012 to a $288 peak in 2026; $288 now.
Median days on market · closed sales
05010020122014201620182020202220242026
8 days at the 2026 low; 8 now.
Sale price vs original ask · median
96%98%100%20122014201620182020202220242026
97.3% now vs Brevard 96.2%.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 3 in the current window.

If we were buying in Indian Bay Estates Ph Ii Stage 2 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 Indian Bay Estates Ph Ii Stage 2.

Best Buy
Buyers targeting a higher-end Merritt Island home and prepared to act fast.
Biggest Risk
A thin recent-sales sample means the medians can shift as new comps close.
Sweet Spot
A well-maintained home near the median that you can pursue decisively.
Avoid If
You need shared amenities or a slow, low-pressure buying pace.

Where the value actually lives

With no community amenities showing in the MLS, price differences between homes here come down to the fundamentals: square footage, condition, finishes, and lot. At a median near $288 per square foot, the range is condition-driven — an updated, move-in-ready home and a dated one will not trade alike, even at similar sizes. Read each listing on its own merits rather than assuming the median describes your target.

The small closing window is worth naming plainly. With only a handful of recent sales, the median price and per-foot figures can shift as new comps close. They are a fair snapshot of today, but on a pricier street like this one, a single unusual sale moves the average, so lean on the specific comparables for the home you are considering.

The location and the amenities are priced into every listing in Indian Bay Estates Ph Ii Stage 2. 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 fast-moving, thin-comp market, pricing and read-the-room timing matter more than a big marketing budget. We work the Space Coast feed daily, we know how to weigh a small sample without overreacting to it, and we will tell you when a specific home is priced ahead of its condition — or when it is the one to move on quickly.

Indian Bay Estates Ph Ii Stage 2 in 15 seconds.

Best forBuyers targeting a higher-end Merritt Island home and prepared to act fast.
Biggest advantageValue sits in the home itself, so a well-chosen property stands on its own merits.
Biggest riskA thin recent-sales sample means the medians can shift as new comps close.
Sweet spotA well-maintained home near the median that you can pursue decisively.
Avoid ifYou need shared amenities or a slow, low-pressure buying pace.

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 Indian Bay Estates Ph Ii Stage 2 sales matched to your home.

What is your Indian Bay Estates Ph Ii Stage 2 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Indian Bay Estates Ph Ii Stage 2?
The median sale price in Indian Bay Estates Ph Ii Stage 2 was $940K over the 12 months ending July 15, 2026 (3 closed sales, Space Coast MLS).
How long do homes in Indian Bay Estates Ph Ii Stage 2 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 8 days on market (3 sales, Space Coast MLS).
Who is the best real estate agent for Indian Bay Estates Ph Ii Stage 2?
The best agent for Indian Bay Estates Ph Ii Stage 2 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 Indian Bay Estates Ph Ii Stage 2.
How do I find a top Merritt Island real estate agent who knows Indian Bay Estates Ph Ii Stage 2?
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 Indian Bay Estates Ph Ii Stage 2 and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Indian Bay Estates Ph Ii Stage 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Indian Bay Estates Ph Ii Stage 2 purchase or sale - no call center and no pressure.
Buyers with a budget around the upper-$900s looking for a specific Merritt Island homeExcellent fit
Move-ready buyers who are pre-approved and can act inside a short windowExcellent fit
Sellers with a well-presented home who want to capitalize on brisk current demandExcellent fit
Buyers who want a resort-style amenity package built into the communityProbably not
Bargain hunters expecting entry-level pricing in this pocketProbably not
Buyers who need weeks to deliberate and won't move on an 8-day marketProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (41 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.

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