Island Pointe Condo Ph 1A
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
Median sale $345K
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Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · Island Pointe Condo Ph 1A Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$345K
Median sold · 12 mo
$168/sf
Sold $/sqft · 12 mo
peak $252 in 2023
82.8%
Sale vs ask
Brevard median: 96.2%
Tempo
191days
Median DOM · closed
6 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 21 years of records
2,048sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Island Pointe is a small condo phase, and price here is driven by unit condition and floor plan far more than by any headline number. The median sits at $345,000, or about $168.46 per square foot, but with only four closings in the tracked window, that median describes a thin slice of activity rather than a deep, liquid market. Treat it as a reference point, not a fixed value for every unit.

The market posture is slow. Median days on market runs to roughly 191 days, which tells you units here sit. For a buyer, that means time to inspect, negotiate, and walk away without pressure. For a seller, it means pricing to condition from day one and preparing for a long marketing runway rather than a quick sale.

The 60-Second Overview

Island Pointe Condo Ph 1A market snapshot (as of July 15, 2026): the median sale price is about $345K ($168 per sq ft over the trailing 12 months of closed sales), and a median 191 days on market for closed sales.

Island Pointe Condo Ph 1A is a small condominium community on Merritt Island in Brevard County, where a handful of recent closings and a long time-on-market pattern define a quiet, condition-sensitive market.

Best for

  • A patient buyer targeting Merritt Island who can wait for the right unit and negotiate on a slow market
  • A long-hold owner comfortable buying for the unit and location rather than shared amenities
  • A budget-conscious buyer who will read association documents closely and price to condition

Probably not for

  • A buyer who needs to resell within a short horizon given the long time-on-market pattern
  • Anyone expecting community amenities, since none were identified from current listings
  • A buyer who wants a deep, liquid market with plenty of comparable sales to lean on

Windows contain 1 to 7 sales each (4 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
$300K$400K$500K20122014201620182020202220242026
Every sale since 2005 · price vs size
$0$250K$500K$750K2k2k3k4k
95 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$25020122014201620182020202220242026
Up from $134 in 2012 to a $252 peak in 2023; $168 now.
Median days on market · closed sales
010020020122014201620182020202220242026
6 days at the 2022 low; 191 now.
Sale price vs original ask · median
85%90%95%100%20122014201620182020202220242026
82.8% now vs Brevard 96.2%.
Homes sold per 12-mo window
024620122014201620182020202220242026
1 to 7 a year; 4 in the current window.

If we were buying in Island Pointe Condo Ph 1A 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 Pointe Condo Ph 1A.

Best Buy
A buyer who wants a Merritt Island condo and is patient on timing.
Biggest Risk
A thin comp set makes value hard to pin down and resale slow.
Sweet Spot
A well-kept unit bought below the median on condition, held long-term.
Avoid If
You need to resell quickly or want amenity-rich living.

A thin, slow condo market

With four closings in the current window and a median near 191 days on market, this is a low-volume community. That combination gives negotiating leverage to patient buyers, but it also means comparable sales are scarce, so each unit is priced more on its own merits — layout, updates, and condition — than on a clean trend line. The $168.46 median per square foot is a starting frame, not a guarantee of where any single unit lands.

No community amenities were identified from current MLS listings, so buy here for the unit and the location on Merritt Island rather than for shared facilities. Anyone underwriting the purchase should read the condo association documents closely — reserves, assessments, and rules matter more when the amenity story is quiet and resale velocity is slow.

The location and the amenities are priced into every listing in Island Pointe Condo Ph 1A. 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 low-volume community with long marketing times, the value we add is discipline: reading the thin comp set honestly, pricing to condition, and setting realistic expectations on timeline. We will tell you when a unit is priced ahead of what the recent closings support, and we will not rush you in a market that plainly rewards patience.

Island Pointe Condo Ph 1A in 15 seconds.

Best forA buyer who wants a Merritt Island condo and is patient on timing.
Biggest advantageSlow turnover gives buyers real negotiating room.
Biggest riskA thin comp set makes value hard to pin down and resale slow.
Sweet spotA well-kept unit bought below the median on condition, held long-term.
Avoid ifYou need to resell quickly or want amenity-rich living.

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 Pointe Condo Ph 1A sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Island Pointe Condo Ph 1A?
The median sale price in Island Pointe Condo Ph 1A was $345K over the 12 months ending July 15, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Island Pointe Condo Ph 1A take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 191 days on market (4 sales, Space Coast MLS).
Who is the best real estate agent for Island Pointe Condo Ph 1A?
The best agent for Island Pointe Condo Ph 1A 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 Pointe Condo Ph 1A.
How do I find a top Merritt Island real estate agent who knows Island Pointe Condo Ph 1A?
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 Pointe Condo Ph 1A and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Island Pointe Condo Ph 1A?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Island Pointe Condo Ph 1A purchase or sale - no call center and no pressure.
A patient buyer targeting Merritt Island who can wait for the right unit and negotiate on a slow marketExcellent fit
A long-hold owner comfortable buying for the unit and location rather than shared amenitiesExcellent fit
A budget-conscious buyer who will read association documents closely and price to conditionExcellent fit
A buyer who needs to resell within a short horizon given the long time-on-market patternProbably not
Anyone expecting community amenities, since none were identified from current listingsProbably not
A buyer who wants a deep, liquid market with plenty of comparable sales to lean onProbably 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 (95 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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