Island Village
Condos for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 33 closed sales in Island Village Condo No A in Merritt Island, FL since 2005, the most recent in February 2026. Recorded prices since 2024 ran from $100,000 to $205,000 (median $155,000), on homes of 939 to 1,187 sq ft. Across Merritt Island as a whole, 267 homes closed in the last 12 months at a median of $439,900, 49 median days on market, with 71 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $2,420 ($1,800 with the full homestead exemption).
Part of Island Village, Merritt Island, FL — see all Island Village homes for sale (0 listings across 9 sections in the MLS).
This is a condo market where price is driven almost entirely by unit condition and the specifics of the individual listing, not by any communal draw. With a median around $155,000 and no amenities identified from current MLS listings, what you pay tracks the shape the unit is in and how it's priced against the competition.
The posture right now favors patient buyers. A median of 281 days on market says listings here are sitting, which gives a buyer room to negotiate and demands realistic pricing from any seller. This is a slow-moving market on a thin sample of recent closings, so both sides should treat comps carefully rather than assume momentum in either direction.
The 60-Second Overview
Island Village Condo No A is a small-scale condo community in Merritt Island where the value story is condition-first: with no amenities pulling weight, individual units carry the price on their own merits.
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 Village Condo is best for.
Best for
- Budget-focused buyers targeting a lower price point who value negotiating room over speed
- Patient buyers willing to inspect closely and wait for the right unit
- Investors comfortable underwriting a single unit's condition rather than a community amenity package
Probably not for
- Buyers who want resort-style or shared community amenities on site
- Sellers needing a fast, competitive sale on a short timeline
- Buyers who want deep comp data to anchor an offer with confidence
The market around Island Village Condo
Island Village Condo is too small for its own price trend, so here is the market around it.
In ZIP 32953, 154 homes are on the market and 32% are under contract — a fast-moving corner of Merritt Island.
Across Brevard County, 4,087 homes are active and 1,495 pending (27% under contract).
ZIP and county figures describe the wider market, not Island Village Condo specifically. Momentum Research analysis of MLS records.
The Island Village Condo buying strategy.
If we were buying in Island Village Condo 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 Village Condo.
A condition-driven condo market
The numbers here rest on a narrow base — just three closings in the window — so treat the median around $155,000 and the roughly $165 per square foot as directional rather than precise. In a market this thin, one atypical sale can move the median, and buyers should underwrite each unit on its own updates, layout, and floor rather than assume a community-wide price level.
The long time on market, near 281 days, is the more telling signal. It tells sellers that pricing to the last optimistic listing won't clear, and it tells buyers there's usually time to think, inspect, and negotiate. With no shared amenities identified in current listings, HOA scope and what the fees actually cover deserve close reading before anyone commits.
The location and the amenities are priced into every listing in Island Village Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume market like this, comps are scarce and easy to misread, so pricing and negotiation come down to judgment more than formulas. We'll help a seller position against genuine competition rather than wishful thinking, and help a buyer separate a well-kept unit from one that's cheap for a reason.
Island Village Condo 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 Village Condo 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 Village Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Island Village Condo, 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 Village Condo home worth?
Get a no-obligation home value based on real comparable sales in Island Village Condo, 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 →
Should you buy in Island Village Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2005 (33 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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See how Island Village Condo No A fits the bigger picture — live prices, inventory, and Momentum Scores: