Island Acres Subd
Homes for Sale in Merritt Island, FL
All 221 homes for sale in Merritt Island, FL · median $499,900 · 100 homes for sale in 32953 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 5 closed sales in Island Acres Subd in Merritt Island, FL since 2008, the most recent in December 2021. 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 · ZIP 32953 |
|---|---|
| Homes in the community | 22 (FL DOR 2025 assessment roll) |
| Years built | 1953–1988 (median 1958.0) |
| Typical living area | 1,667 sq ft (median) |
| Owner-occupied (homestead) share | 50% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2008 through 2021; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Island Acres Subd key facts,” movewithmomentum.com/neighborhoods/island-acres-subd, data as of September 20, 2026.
Island Acres is a small Merritt Island subdivision, and with no standout community amenities pulling weight, price here is driven almost entirely by the individual home: lot, condition, and how much updating the last owner did. Two houses on the same street can trade well apart based on nothing more than a renovated kitchen versus original finishes, so the median is a starting point, not a rule.
For a buyer, that means the work is in comparing houses, not chasing a headline number. For a seller, it means condition and presentation do the heavy lifting, since there is no pool, clubhouse, or gated entrance to lean on. Price the home for what it actually is, and be honest about deferred maintenance before the inspection does it for you.
Nearby homes for sale
No active listings inside Island Acres SubdHomes 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
Island Acres is a modest residential pocket on Merritt Island in Brevard County, without shared amenities identified in current listings, so its appeal rests on location and the merits of each individual property.
Space Coast MLS sales records identify 5 homes in Island Acres Subd that have changed hands since 2008, built between 1955 and 1958 (median 1956), with a median living area of about 1,288 sq ft and a typical 3-bedroom, 1-bath layout; 100% are single-family homes. 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 Island Acres Subd is best for.
Best for
- Buyers set on a Merritt Island address who care more about the house and lot than shared facilities
- Value-minded buyers willing to take on cosmetic or system updates in exchange for upside
- Owners planning a longer hold who want a straightforward single-family property
Probably not for
- Buyers who want resort-style amenities like a pool, clubhouse, or gated entry
- Anyone wanting a turnkey home with zero deferred maintenance and no diligence required
- Buyers who need a large, uniform inventory to compare against for pricing certainty
The market around Island Acres Subd
Island Acres Subd 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 Island Acres Subd specifically. Momentum Research analysis of MLS records.
Island Acres Subd by the numbers
From county property records and closed MLS sales for the Island Acres Subd subdivision: 5 homes on record; built 1955–1958; typical size about 1,288 heated sq ft; 3 bedrooms is the median. Housing mix: single-family 100%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2008 | 1 | $80,000 |
| 2010 | 1 | $65,000 |
| 2014 | 1 | $55,000 |
| 2021 | 2 | $205,750 |
Newest recorded sale: $191,500 on 2021-12-22.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
Housing distress & ownership in Island Acres Subd, 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 Island Acres Subd buying strategy.
If we were buying in Island Acres Subd 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 Island Acres Subd.
A house-by-house market
Because there are no community amenities to standardize value, the spread between homes here can be wide and condition-driven. Expect to underwrite each listing on its own: roof and systems age, lot size and orientation, and whether interiors are updated or original. This is not a community where a single comp tells the whole story.
The Merritt Island location itself is the amenity — central to the barrier island, with the water access and daily conveniences of the area nearby rather than inside the subdivision. Buyers who value that setting over a resort-style HOA package tend to do best, and sellers should market the location and the home's condition rather than any shared facilities, because there are none to sell.
The location and the amenities are priced into every listing in Island Acres Subd. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a subdivision this small with no amenity story to fall back on, the deal lives in the details of each house. We read condition, systems, and lot against real comps so buyers do not overpay for cosmetics and sellers do not underprice a genuinely updated home. Our read stays honest about what a property is and what it will need.
Island Acres Subd 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 Island Acres Subd 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 Island Acres Subd sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Island Acres Subd, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Island Acres Subd home worth?
Get a no-obligation home value based on real comparable sales in Island Acres Subd, 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 →
Frequently Asked Questions
How many homes are in Island Acres Subd?
What share of Island Acres Subd is owner-occupied?
When were the homes in Island Acres Subd built?
Who is the best real estate agent for Island Acres Subd?
How do I find a top Merritt Island real estate agent who knows Island Acres Subd?
Can Momentum Realty connect me with an agent for Island Acres Subd?
Where is Island Acres Subd, and what county is it in?
Should you buy in Island Acres Subd?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32953)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2008 (5 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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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.
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