Merritt Island Co-Op Apartments Inc
Homes for Sale in Merritt Island, FL

Merritt Island Co-Op Apartments Inc market snapshot (as of September 20, 2026): the median sale price is about $90K ($150 per sq ft over the trailing 12 months of closed sales), a median 102 days on market for closed sales, and 9.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 13% from the prior 12 months, computed from record-level Space Coast MLS closed sales (8 closings in the current window).

In ZIP 32952 (Merritt Island), 261 homes closed in the last 12 months at a median of $327K ($237/sq ft), down 1.5% year over year, with a median 50 days on market. Right now 49 active and 15 pending listings put supply at about 5.6 months — a buyer's market. See the live ZIP 32952 housing market and the Brevard County market.

Space Coast MLS sales records identify 48 homes in Merritt Island Co-Op Apartments Inc that have changed hands since 2020, built between 1964 and 1964 (median 1964), with a median living area of about 704 sq ft and a typical 2-bedroom, 1-bath layout. 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.

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.

• Audubon · Elementary
• Jefferson · Middle
• Merritt Island · High

Zoned schools reflect the assignments reported on recent Merritt Island Co-Op Apartments 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 Apartments Inc address.

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.

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.

Listings in this community report association dues of about $502 per month ($6,024 a year) — the median AssociationFee across 132 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.