Island Village
Condos for Sale in Merritt Island, FL
All 221 homes for sale in Merritt Island, FL · median $499,900 · 37 condos for sale in Merritt Island · 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 19 closed sales in Island Village Condo No B in Merritt Island, FL since 2009, the most recent in October 2025. 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).
Part of Island Village, Merritt Island, FL — see all Island Village homes for sale (0 listings across 9 sections in the MLS).
Island Village Condo No B is a small condominium enclave in Merritt Island, and the honest starting point is that the data here is thin. With only a two-closing window to work from, this is not a market you read off a chart — it is one you read unit by unit. Price is driven less by the address and more by the specific condition, floor, and layout of whatever comes available.
For buyers, that means patience: inventory turns over slowly, so when something lists, you evaluate it on its own merits rather than against a deep pool of comps. For sellers, it means pricing is a judgment call more than a formula, and presentation and condition carry real weight in a segment where a single sale moves the whole picture.
Nearby homes for sale
No active listings inside Island VillageCondos 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
This is a compact condo community on Merritt Island in Brevard County, where the small size and low transaction volume make it a niche buy rather than a liquid one. No community amenities surface in the current MLS listings, so value here rests on the units themselves and the location.
Space Coast MLS sales records identify 9 homes in Island Village Condo No B that have changed hands since 2009, built between 1974 and 1974 (median 1974), with a median living area of about 1,187 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. 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 Village Condo is best for.
Best for
- Buyers targeting a specific Merritt Island condo who can wait for the right listing to appear
- Owner-occupants focused on unit condition and location over community amenities
- Patient buyers comfortable underwriting a purchase on limited comparable sales
Probably not for
- Buyers who need to move quickly and require steady inventory to choose from
- Anyone expecting a resort-style amenity package on-site
- Investors who want a liquid, high-turnover market with a clear pricing trend
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, 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 Village Condo specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Island Village Condo No B, 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 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 thin-data condo market
With a closings window this short, standard market metrics do not carry much statistical weight. There is no reliable trend line to lean on, so both sides of a deal should treat each transaction as a fresh negotiation grounded in the condition of the specific unit and what nearby comparable sales suggest.
No amenities are identified from current listings, which keeps the value proposition simple: this is about the condo itself and its Merritt Island location. Buyers who want a resort-style amenity package will not find that documented here, and should factor association rules, reserves, and any monthly fees into the true cost before committing.
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 community, the value of local brokerage work goes up, not down — there is no deep comp set to hide behind, so pricing and negotiation come down to reading the individual unit and the association documents correctly. We track when these units actually list, dig into HOA financials and rules before you write, and keep expectations honest about liquidity on both the buy and sell side.
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 2026-09-20 |
| Historical depth | Closed-sale records back to 2009 (19 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.
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 local comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Island Village Condo No B fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Island Village
Where is Island Village?
Island Village is a community in Merritt Island, Brevard County, Florida, ZIP 32953.
Are there homes for sale in Island Village right now?
No active listings inside Island Village at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Island Village have an HOA or CDD?
No HOA is on record for Island Village in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Nearby Communities
Explore more neighborhoods near Island Village with Momentum Realty’s local guides.