Merritt Island Co-Op Apts Inc
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of September 2026, Merritt Island Co-Op Apts Inc in Merritt Island, FL has 6 homes for sale, asking from $74,900 to $184,900 (median $116,250). Over the 12 months ending 2026-09-12, 9 recorded sales closed at a median of $85,000, $145 per square foot, a median 94 days on market, sellers accepting 84% of original asking (-21% versus the prior year). Homes listed or recently sold were built 1964–1964; 14 of 14 report an HOA (median $524/mo); none of the 13 geocoded homes sit in a FEMA special flood hazard zone (median elevation 5 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $1,330 ($700 with the full homestead exemption).
Homes For Sale Right Now in Merritt Island Co-Op Apts Inc
Live MLS inventory for Merritt Island Co-Op Apts Inc. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
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ActiveActive and pending Merritt Island Co-Op Apts Inc listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period 2019 through 2026. Tap any home to ask about it.
This is a co-op, and that structure shapes everything about the price. At a median of $95,000, you are buying shares tied to a unit rather than a fee-simple deed, and the number reflects that as much as it reflects the four walls. With only 9 closings in the window, the median is a thin read — one atypical unit moves it — so treat it as a signal, not a settled value.
Days on market are running around 94, which is slow, and a co-op almost always sells slower than a comparable condo because financing and share-transfer approval narrow the buyer pool. Year-over-year is up about 5%, so values have held and edged forward, but sellers should price to the 94-day reality and expect a longer runway, not a quick bidding war.
Merritt Island Co-Op Apts Inc right now
🟢 Buyer-leaning market. 9.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 12, 2026. Confidence: High (6 active and pending listings, 9 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($85K) is down 20.6% from the prior 12 months ($107K). With about 7 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending September 12. Confidence: Medium (9 and 7 sales in the two windows).
What's unique here: the median sale price is about 76% below the typical Brevard County sale ($85K vs $353K, trailing 12 months, Space Coast MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Merritt Island Co-Op Apts Inc market snapshot (as of September 12, 2026): the median sale price is about $85K ($145 per sq ft over the trailing 12 months of closed sales), a median 94 days on market for closed sales, and 9.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 21% from the prior 12 months, computed from record-level Space Coast MLS closed sales (9 closings in the current window).
Merritt Island Co-Op Apts Inc is a share-ownership community in Brevard County, not a standard condo or single-family neighborhood — which explains both the entry-level median and the patience it takes to buy or sell here.
The setting & the homes.
Aerial and on-site photos of Merritt Island Co-Op Apts Inc. Swipe to explore the community.
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Merritt Island Co-Op Apts Inc
Merritt Island Co-Op Apts IncPhotos from Space Coast MLS listings in Merritt Island Co-Op Apts Inc; content deemed reliable but not guaranteed.
Who Merritt Island Co-Op Apts Inc is best for.
Best for
- Cash buyers seeking the lowest realistic entry point on Merritt Island
- Buyers comfortable with co-op board approval and share ownership
- Long-hold owners prioritizing low absolute cost over resale speed
Probably not for
- Buyers who need a standard conventional mortgage to close
- Anyone wanting fee-simple ownership with full control over renovations
- Sellers who need a fast exit and cannot absorb a ~94-day timeline
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($85K) IS the median in the snapshot above, and the move from 2025 ($107K) IS the -20.6% one-year change.
Windows contain 0 to 13 sales each (9 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2019 through 2026. Deemed reliable but not guaranteed.
26% of homes for sale in ZIP 32952 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).
Merritt Island Co-Op Apts Inc Market Scorecard
Merritt Island Co-Op Apts Inc is currently a buyer-leaning market. About 9.0 months of supply, a median asking price of $116,250.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Merritt Island Co-Op Apts Inc on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Audubon · Elementary
- Jefferson · Middle
- Merritt Island · High
Zoned schools reflect the assignments reported on recent Merritt Island Co-Op Apts Inc listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Merritt Island Co-Op Apts Inc address.
The Merritt Island Co-Op Apts Inc buying strategy.
If we were buying in Merritt Island Co-Op Apts Inc 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Island Co-Op Apts Inc.
Reading a co-op market
The median price of $95,000 and roughly $152 per square foot tell you this is compact, functional space at a low absolute cost — but the co-op form is the headline. Ownership is by shares, which typically means board approval for buyers, cash or specialized lending rather than a routine mortgage, and rules that govern what you can and cannot do with the unit. None of that is a flaw; it is simply a different product that a lot of buyers do not understand until they are mid-transaction.
No community amenities surfaced in the current MLS listings, so underwrite this on the unit and the carrying costs alone, not on shared perks. With a 94-day median and a nine-sale sample, both sides should lean on recent comparable closings rather than the raw median, and confirm the co-op's financial and approval terms before writing or accepting an offer.
The location and the amenities are priced into every listing in Merritt Island Co-Op Apts Inc. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Merritt Island Co-Op Apts Inc buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (0.6). Basis: Recent Direction -20.6% year-over-year; Liquidity & Demand 9.0 months of supply; Pricing Power 84.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Co-op transactions in Brevard are their own animal — board approval, share transfers, and lender limitations trip up buyers and sellers who treat them like a condo. We know which lenders will touch this structure, how to read the co-op's rules and finances, and how to price into a 94-day market instead of hoping for a faster one.
Merritt Island Co-Op Apts Inc 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 Island Co-Op Apts Inc 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 Island Co-Op Apts Inc sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Merritt Island Co-Op Apts Inc, 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 Island Co-Op Apts Inc home worth?
Get a no-obligation home value based on real comparable sales in Merritt Island Co-Op Apts Inc, 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 homes for sale in Merritt Island Co-Op Apts Inc on the map →
Frequently Asked Questions
What is the median home price in Merritt Island Co-Op Apts Inc?
How long do homes in Merritt Island Co-Op Apts Inc take to sell?
Is Merritt Island Co-Op Apts Inc a buyer's or seller's market right now?
Who is the best real estate agent for Merritt Island Co-Op Apts Inc?
How do I find a top Merritt Island real estate agent who knows Merritt Island Co-Op Apts Inc?
Can Momentum Realty connect me with an agent for Merritt Island Co-Op Apts Inc?
Should you buy in Merritt Island Co-Op Apts Inc?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Merritt Island Co-Op Apts Inc with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2019 (59 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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See how Merritt Island Co-Op Apts Inc fits the bigger picture — live prices, inventory, and Momentum Scores: