Island Village
Condos for Sale in Merritt Island, FL
All 214 homes for sale in Merritt Island, FL · median $499,950 · 41 condos for sale in Merritt Island · 98 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 224 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 7 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.
Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.
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.
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.
Recent Developments in Island Village Condo No B
Development, infrastructure, retail, and school activity affecting Island Village Condo No B, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Infrastructure
Brevard County Brightline station fully funded with $57 million federal grant
The planned Brightline station in Cocoa, near State Road 528, is now fully funded after a federal grant of about $57 million. Cocoa will own the station and Brightline will operate it, linking Cocoa and Port Canaveral to South Florida destinations. No construction start date has been set, and officials expect to release more details in early 2027.
What it may mean for the marketA passenger rail stop near SR 528 would add a regional transit option for commuters and visitors traveling between the Space Coast and other Florida metros. The site is about 3 miles northwest of Island Village Condo No B.
Source: FOX 35 Orlando - September 2026Civic
Space Force plans laser counter-drone defenses at Space Coast launch sites
Space Launch Delta 45 plans to deploy counter-drone technology, including lasers, to protect launch pads and critical infrastructure at Cape Canaveral and nearby facilities. Cost and operational date were not disclosed, and officials have not confirmed whether it will extend onto Kennedy Space Center property.
What it may mean for the marketAdded security investment at launch facilities reinforces the base's role as a long-term anchor for aerospace employment in the region. The project is about 13 miles northeast of Island Village Condo No B, elsewhere in Brevard County.
Source: FOX 35 Orlando - July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 6 miles south of Island Village Condo No B, elsewhere in Brevard County.
Source: Viera - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 7 miles south of Island Village Condo No B, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 16 miles south of Island Village Condo No B, elsewhere in Brevard County.
Source: CFL Roads (FDOT) - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 7 miles northeast of Island Village Condo No B, elsewhere in Brevard County.
Source: Homes.com News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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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.
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.
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Merritt Island guides & data
- Market data
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- Best neighborhoods
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
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Florida buyer guides
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- Florida property tax calculator
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- The 4-point inspection, explained
- Florida flood insurance calculator
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