Merritt Apartment Sites
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 6 closed sales in Merritt Apartment Sites in Merritt Island, FL since 2016, the most recent in June 2022. 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).
Merritt Apartment Sites is a small pocket within Merritt Island, and the honest starting point is that the current MLS snapshot gives us very little to anchor on. There is no median price on the board and no identified community amenities, which means pricing here is going to be driven almost entirely by the individual property in front of you — its condition, its lot, and how the listing agent positions it — rather than by any established community premium.
For a buyer, that means you underwrite the house, not the neighborhood label. For a seller, it means comps will be thin and you cannot lean on a community amenity story to justify a number. Both sides should expect to do more homework than usual and to price and negotiate off the specific asset.
The 60-Second Overview
Merritt Apartment Sites is a narrowly defined area on Merritt Island in Brevard County with no community amenities identified from current MLS listings, so value and appeal come down to the individual property rather than shared features.
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 Merritt Apartment Sites is best for.
Best for
- Buyers comfortable underwriting a specific house on condition and lot, not on a community label
- Value-focused buyers willing to dig into fresh comparable sales before making an offer
- Sellers ready to price off the physical property and current comps rather than a shared-amenity story
Probably not for
- Buyers who want a defined set of community amenities as part of the purchase
- Buyers who need a clear published median or price benchmark before they will engage
- Sellers hoping a community reputation will carry the price without property-level support
The market around Merritt Apartment Sites
Merritt Apartment Sites 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 Merritt Apartment Sites specifically. Momentum Research analysis of MLS records.
Merritt Apartment Sites by the numbers
From county property records and closed MLS sales for the Merritt Apartment Sites subdivision: 6 homes on record; built 1964–1983; typical size about 964 heated sq ft; 2 bedrooms is the median. Housing mix: single-family 83%, condo 16%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2016 | 2 | $40,250 |
| 2019 | 1 | $70,000 |
| 2021 | 2 | $86,450 |
| 2022 | 1 | $176,000 |
Newest recorded sale: $176,000 on 2022-06-17.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
The Merritt Apartment Sites buying strategy.
If we were buying in Merritt Apartment Sites 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 Merritt Apartment Sites.
Reading a thin data picture
The most important fact about this community is what the current listings do not show. With no median price available and no amenities on record, there is no market shorthand to fall back on. That is not a red flag by itself — plenty of Merritt Island pockets are simply small and quiet on the MLS — but it does change how you should approach a purchase or sale.
Practically, this is a property-by-property market. Two homes a block apart can justify very different numbers based on condition and lot alone, and there is no community feature set doing any of the pricing work. Anyone buying or selling here should insist on fresh, close comparable sales and a careful look at the physical property before committing to a value.
The location and the amenities are priced into every listing in Merritt Apartment Sites. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When the public data is this thin, the value of a local broker goes up, not down. We pull the actual recent sales, walk the specific property, and tell you plainly what a home is worth on its own merits rather than on a community reputation that the listings do not support. That candor matters most in a pocket like this one.
Merritt Apartment Sites 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 Merritt Apartment Sites 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 Merritt Apartment Sites sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Merritt Apartment Sites, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Merritt Apartment Sites home worth?
Get a no-obligation home value based on real comparable sales in Merritt Apartment Sites, 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 Merritt Apartment Sites?
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 2016 (6 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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