Island Village
Condos for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County · ZIP 32953
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Built fromLive Space Coast MLS data16 years of closingsUpdated twice daily

As of September 2026, the MLS records 10 closed sales in Island Village Condo No F in Merritt Island, FL since 2010, the most recent in March 2026. 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 $6,860 ($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).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Island Village Condo No F is a small condo community in Merritt Island, and with no median price or current listing spread in front of me, I'd treat this as a unit-by-unit market rather than a community with a clear price signal. In condo groupings this compact, one renovated unit and one deferred-maintenance unit can sit far apart on price, so condition and floor plan tend to drive the number more than any neighborhood average.

For a buyer, that means the work is in the details: the specific unit, its updates, and the association's financial posture. For a seller, it means pricing off truly comparable units and being honest about condition rather than a headline community figure. Until we have live comps in hand, the smart posture on both sides is patient and evidence-based.

The 60-Second Overview

Island Village Condo No F sits in Merritt Island in Brevard County, on Florida's Space Coast. As of mid-July 2026, current MLS listings identify no shared community amenities, so buyers should evaluate each unit on its 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.

Best for

  • Buyers seeking a lock-and-leave condo who want minimal exterior upkeep
  • Value-focused buyers willing to weigh a unit's condition and updates carefully
  • Buyers who will read association financials and rules before committing

Probably not for

  • Buyers who require on-site shared amenities like a pool or fitness space
  • Buyers wanting a detached home with a private yard
  • Buyers who need a clear community price benchmark before making an offer

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.

Island Village Condo by the numbers

From county property records and closed MLS sales for the Island Village Condo subdivision: 9 homes on record; built 1974; typical size about 1,187 heated sq ft; 2 bedrooms is the median. Housing mix: condo 100%.

YearRecorded salesMedian price
20111$34,000
20142$65,750
20151$75,000
20191$70,000
20242$187,000
20261$182,000

Newest recorded sale: $182,000 on 2026-03-18.

Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.

If we were buying in Island Village Condo 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 Village Condo.

Best Buy
Buyers who want a low-maintenance condo in Merritt Island and will judge each unit on its own merits.
Biggest Risk
With no clear price signal, values hinge on condition and the health of the association.
Sweet Spot
A well-updated unit paired with a sound association and manageable dues.
Avoid If
You need built-in community amenities, since none surface from current listings.

A condition-driven condo market

With no amenities surfacing from current listings, this is a place to buy the unit, not a package of shared features. That puts the emphasis squarely on the interior condition, layout, and any updates a given unit carries, along with what the monthly association dues cover.

Because condo pricing in a community this size swings on condition and specifics, the biggest variable is usually the health of the association: reserves, any planned assessments, and rules around leasing and use. Those items can matter as much as the unit itself, and they are worth confirming in writing before you commit.

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.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small Merritt Island condo community with no advertised amenities and no clear price signal, our value is in the legwork: pulling truly comparable units, reading the association's financials and rules, and pricing off condition rather than a headline number. We will tell you plainly when a specific unit or the association's posture makes it the wrong buy.

Island Village Condo in 15 seconds.

Best forBuyers who want a low-maintenance condo in Merritt Island and will judge each unit on its own merits.
Biggest advantageA compact Space Coast condo community where the right unit can be evaluated cleanly on condition.
Biggest riskWith no clear price signal, values hinge on condition and the health of the association.
Sweet spotA well-updated unit paired with a sound association and manageable dues.
Avoid ifYou need built-in community amenities, since none surface from current listings.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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.

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.

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Real comps, not an automated estimate.
Buyers seeking a lock-and-leave condo who want minimal exterior upkeepExcellent fit
Value-focused buyers willing to weigh a unit's condition and updates carefullyExcellent fit
Buyers who will read association financials and rules before committingExcellent fit
Buyers who require on-site shared amenities like a pool or fitness spaceProbably not
Buyers wanting a detached home with a private yardProbably not
Buyers who need a clear community price benchmark before making an offerProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2010 (10 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.

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