Island Forest Preserve Merritt Island in Merritt Island

Island Forest Preserve Merritt Island
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
110 homesBuilt 2023–2024
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Island Forest Preserve 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
30%
Owner-occupied · Island Forest Preserve Merritt Island
33 of 110 parcels homesteaded (FL DOR 2025)
70%
Non-owner-occupied · Island Forest Preserve Merritt Island
incl. 36% trust or LLC-held · 18% out-of-state
110
Homes in the community
110 residential parcels (FL DOR 2025)
Track record · years of records
Est. 2023
Community established
homes built 2023-2024, median 2024 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Island Forest Preserve is a gated new-build enclave on Merritt Island with just 110 homes completed in 2023 - 2024. The median 4,130 square feet tells you this is a luxury-oriented product; the 30% homestead rate and zero active listings tell you this is not a typical resale market. When a home does come available here, condition and location within the gates will matter far more than days-on-market comparisons.

With no inventory today and a development this young, resale pricing will hinge on builder-grade finishes, lot premiums, and whether a seller upgraded or left things standard. Buyers should expect limited choice and potentially long waits between listings; sellers should prepare for a thin comp set and buyers who will scrutinize every detail against new construction standards.

Best for

  • Buyers seeking new or near-new construction with luxury square footage and gated privacy on Merritt Island
  • Investors or second-home buyers comfortable with low liquidity and long hold periods
  • Households prioritizing large floor plans and turnkey condition over resale selection or walkability

Probably not for

  • Buyers who need multiple active listings to compare or want negotiation leverage from inventory depth
  • First-time or move-up buyers requiring predictable resale comps and established market rhythms
  • Anyone expecting frequent turnover, diverse price points, or a mature amenity set beyond gates and grounds maintenance

The market around Island Forest Preserve Merritt Island

Island Forest Preserve 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 Island Forest Preserve Merritt Island specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Island Forest Preserve Merritt Island

Live MLS inventory for Island Forest Preserve Merritt Island. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Island Forest Preserve Merritt Island listings as of 2026-07-14, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Carroll · Elementary
  • Jefferson · Middle
  • Merritt Island · High

Zoned schools reflect the assignments reported on recent Island Forest Preserve Merritt Island listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Island Forest Preserve Merritt Island address.

If we were buying in Island Forest Preserve 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 Island Forest Preserve Merritt Island.

Best Buy
Buyers targeting new luxury footprints on Merritt Island who can wait for rare resale opportunities.
Biggest Risk
Zero active inventory and a thin resale history make pricing and availability unpredictable.
Sweet Spot
Patience, flexibility, and a willingness to act quickly when a listing appears - or go off-market.
Avoid If
You need immediate choice, multiple comps to compare, or a predictable resale timeline.

New luxury, tight supply, very few sellers

Island Forest Preserve is as new as Brevard gated communities come: homes rose between 2023 and 2024, the median build year is 2024, and the median living area is 4,130 square feet. That square footage skews well above county norms and signals a luxury-oriented buyer pool. The gated entry and professional grounds maintenance reinforce the premium positioning.

Only 30% of the 110 homes carry homestead exemptions, which suggests a meaningful share of second homes, investment holds, or owners who have not yet filed. With zero active listings today, resale opportunities are rare and unpredictable. When one does surface, expect scrutiny: buyers will compare finishes, lot position, and upgrades against the builder baseline that most neighbors still occupy.

Because the community is so new and turnover so limited, there is no established resale rhythm. Sellers will lean on recent builder closings for comp guidance, but those transactions often include incentives and upgrade packages that do not appear in public records. Buyers should verify HOA documents, gate-access protocols, and any deferred amenity phases directly with the association - MLS amenity tags reflect what was reported at original listing, not necessarily what is current.

The location and the amenities are priced into every listing in Island Forest Preserve 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 110-home gated community with zero active listings, you need an agent with direct builder relationships, off-market intelligence, and the patience to wait for the right opportunity - or the skill to position your listing when supply is this constrained. Momentum maintains close contact with Brevard new-construction teams and resale networks, so when a home does become available in Island Forest Preserve, you hear about it early. We also know how to price and market a near-new luxury property against a thin comp set, using builder data, lot premiums, and upgrade inventories that most agents never see. If you are serious about buying or selling here, you need a broker who understands the difference between list price and builder incentive math.

Island Forest Preserve Merritt Island in 15 seconds.

Best forBuyers targeting new luxury footprints on Merritt Island who can wait for rare resale opportunities.
Biggest advantageGated privacy, large floor plans, and minimal turnover mean stable, low-traffic streets.
Biggest riskZero active inventory and a thin resale history make pricing and availability unpredictable.
Sweet spotPatience, flexibility, and a willingness to act quickly when a listing appears - or go off-market.
Avoid ifYou need immediate choice, multiple comps to compare, or a predictable resale timeline.

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 Island Forest Preserve Merritt Island sales matched to your home.

What is your Island Forest Preserve Merritt Island home worth?

Get a no-obligation home value based on real comparable sales in Island Forest Preserve 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 Island Forest Preserve Merritt Island on the map →

Real comps, not an automated estimate.

Island Forest Preserve Market Scorecard

Buyer-Leaning Market (limited data)

Island Forest Preserve 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
$589,750
Median sold
$191
Per sqft
n/a
Days on mkt
0/1/24
Active/Pend/Sold

Typical home value in the 32953 ZIP is $425,821, right around 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 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

How many homes are in Island Forest Preserve Merritt Island?
The Florida DOR 2025 assessment roll shows 110 homes in Island Forest Preserve Merritt Island (public records).
What share of Island Forest Preserve Merritt Island is owner-occupied?
30% of Island Forest Preserve 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 Island Forest Preserve Merritt Island built?
Homes in Island Forest Preserve Merritt Island were built between 2023 and 2024, with a median year built of 2024 (FL DOR 2025 roll).
Who is the best real estate agent for Island Forest Preserve Merritt Island?
The best agent for Island Forest Preserve 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 Island Forest Preserve Merritt Island.
How do I find a top Merritt Island real estate agent who knows Island Forest Preserve 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 Island Forest Preserve Merritt Island and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Island Forest Preserve Merritt Island?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Island Forest Preserve Merritt Island purchase or sale - no call center and no pressure.
Buyers seeking new or near-new construction with luxury square footage and gated privacy on Merritt IslandExcellent fit
Investors or second-home buyers comfortable with low liquidity and long hold periodsExcellent fit
Households prioritizing large floor plans and turnkey condition over resale selection or walkabilityExcellent fit
Buyers who need multiple active listings to compare or want negotiation leverage from inventory depthProbably not
First-time or move-up buyers requiring predictable resale comps and established market rhythmsProbably not
Anyone expecting frequent turnover, diverse price points, or a mature amenity set beyond gates and grounds maintenanceProbably not

Nearby Communities

Explore more neighborhoods near Island Forest Preserve Merritt Island with Momentum Realty’s local guides.

Heron Creek Merritt IslandMerritt Island, FL · 1.5 miOTOtter Trace Merritt IslandMerritt Island, FL · 1.7 miCPColony Park Merritt IslandMerritt Island, FL · 1.9 miOsprey Village At Cedar Creek Ph Ii Merritt IslandMerritt Island, FL · 3.1 miMIMerritt Island Village Merritt IslandMerritt Island, FL · 3.1 miAGArmen Groves Merritt IslandMerritt Island, FL · 3.4 miGTGroves The Merritt IslandMerritt Island, FL · 3.7 miMandalay Grove Subdivision Merritt IslandMerritt Island, FL · 3.7 mi

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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