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 13 closed sales in Island Village Condo No E in Merritt Island, FL since 2009, the most recent in June 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 E is a small condo community in Merritt Island, and the honest starting point is that the current MLS snapshot is thin. No closings register in our window and no community amenities surface from the listings, so anyone pricing here is working off condition, floor plan, and view rather than a deep bench of recent comps.
For a buyer, that means underwriting each unit on its own merits and not assuming a neighborhood-wide number will do the work for you. For a seller, it means presentation and pricing discipline carry more weight than usual, because there is little recent trade activity to anchor expectations on either side.
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 condo community on Merritt Island in Brevard County where the current listing picture is quiet, so both sides should expect to lean on individual unit specifics rather than broad market momentum.
Space Coast MLS sales records identify 8 homes in Island Village Condo No E that have changed hands since 2011, 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 seeking a condo on Merritt Island who will underwrite a purchase on condition and layout rather than a community average
- Patient buyers comfortable with a quiet market and willing to do unit-level diligence
- Sellers prepared to price with discipline and invest in presentation to set the tone
Probably not for
- Buyers who want a robust record of recent sales before committing
- Buyers expecting on-site community amenities, as none surface in current listings
- Sellers who need fast, comp-driven pricing certainty
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 E, 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 no closings in the current window and no amenities identified from active listings, Island Village Condo No E asks buyers and sellers to price from first principles. What a unit sold for elsewhere on Merritt Island is context, not a template, and the specifics of a given unit will drive the number more than any community-level average could.
That absence of a busy transaction record cuts both ways. It can mean patience is required to establish value, and it also means a well-prepared, correctly-priced listing has room to set the tone rather than chase it. Treat every data point here as directional and verify at the unit level.
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 community with little recent trade activity, the value we add is disciplined, unit-level analysis rather than reliance on a headline number. We will tell you plainly when the data is too thin to support a confident price, and we will build the case from condition, layout, and location instead of guesswork.
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 (13 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 →
What’s your home worth in your area?
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 E 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.