Merritt Island Co-Op Apartments Inc in Merritt Island

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

All 214 homes for sale in Merritt Island, FL · median $499,950 · 124 homes for sale in 32952 · Brevard County homes for sale

Community in Merritt Island · Brevard County · ZIP 32952
Median sale $90K
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data7 years of closingsUpdated twice daily

As of October 2026, Merritt Island Co-Op Apts Inc in Merritt Island, FL has 9 homes for sale, asking from $74,500 to $184,900 (median $115,000). Over the 12 months ending 2026-09-20, 8 recorded sales closed at a median of $90,000, $150 per square foot, a median 101 days on market, sellers accepting 87% of original asking (-13% versus the prior year). Homes listed or recently sold were built 1964–1964; 13 of 14 report an HOA (median $547/mo); none of the 14 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 $1,400 ($780 with the full homestead exemption).

Live · Merritt Island Co-Op Apartments Inc Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$90K ▼
Median sold · 12 mo
down 13.0% vs the prior 12 months
-13.0% ▼
1-yr price change
n = 8 and 8 sales in the two windows
$150/sf
Sold $/sqft · 12 mo
peak $155 in 2023
86.8%
Sale vs ask
Tempo
9.0mo
Supply
3 to 6 months is the balanced band
102days
Median DOM · closed
6 days at the 2021 low
0%
Under contract
Brevard: 26% (1,477 of 5,609)
6 · 0
For sale · pending
live counts, refreshed twice daily
8
Sold · last 12 mo
10-yr average: about 7 a year
Track record · 7 years of records
627sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Merritt Island Co-Op Apartments Inc

Live MLS inventory for Merritt Island Co-Op Apartments 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.

Active and pending Merritt Island Co-Op Apartments Inc listings as of 2026-10-20, 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.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 15, 2026

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.

Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Merritt Island Co-Op Apartments Inc Housing Pulse · Momentum Research · as of September 20, 2026

Merritt Island Co-Op Apartments 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 20, 2026. Confidence: Medium (6 active and pending listings, 8 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($90K) is down 13.0% from the prior 12 months ($104K). 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 20. Confidence: Medium (8 and 8 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 20, 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 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 49 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.

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

Windows contain 0 to 13 sales each (8 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.

Median sale price · trailing 12 mo
$40K$60K$80K$100K2020202220242026
Down 13.0% year over year.
Every sale since 2019 · price vs size
$0$50K$100K$150K1k1k
59 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$75$100$125$1502020202220242026
Up from $82 in 2019 to a $155 peak in 2023; $150 now.
Median days on market · closed sales
0501002020202220242026
6 days at the 2021 low; 102 now.
Sale price vs original ask · median
90%100%2020202220242026
86.8% now.
Homes sold per 12-mo window
05102020202220242026
0 to 13 a year; 8 in the current window.
How much local inventory is already under contract

18% 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 (2026-10-20).

Merritt Island Co-Op Apartments Inc Market Scorecard

Buyer-leaning

Merritt Island Co-Op Apartments Inc is currently a buyer-leaning market. About 9.0 months of supply, a median asking price of $116,200.

9.0
Months supply
$116,200
Median list
$90,000
Median sold
$163
List $/sqft
9/0/5
Active/Pend/Sold

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.

Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.

Schools

In short
  • 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 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.

If we were buying in Merritt Island Co-Op Apartments Inc 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

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.

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 Merritt Island Co-Op Apartments Inc.

Best Buy
Buyers who want a low entry cost and understand co-op share ownership.
Biggest Risk
The thin sample of nine closings makes the median easy to misread.
Sweet Spot
A cash or specialized-financing buyer who will hold and follow co-op rules.
Avoid If
You need conventional financing or freedom to rent or renovate at will.

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 Apartments Inc. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
1.7D · Buy Score
Recent Direction2.8/10
Liquidity & Demand1.0/10
Pricing Power1.2/10

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 (1.7). Basis: Recent Direction -13.0% year-over-year; Liquidity & Demand 9.0 months of supply; Pricing Power 86.8% 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 Apartments Inc in 15 seconds.

Best forBuyers who want a low entry cost and understand co-op share ownership.
Biggest advantageOne of the more affordable ways into Merritt Island at a $95,000 median.
Biggest riskThe thin sample of nine closings makes the median easy to misread.
Sweet spotA cash or specialized-financing buyer who will hold and follow co-op rules.
Avoid ifYou need conventional financing or freedom to rent or renovate at will.
The takeaway

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 Apartments Inc sales matched to your home.

What is your Merritt Island Co-Op Apartments Inc home worth?

Get a no-obligation home value based on real comparable sales in Merritt Island Co-Op Apartments 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 all homes for sale in Merritt Island →

Real comps, not an automated estimate.

Recently off market in Merritt Island Co-Op Apts Inc

Homes in Merritt Island Co-Op Apts Inc that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.

Merritt Island Co-Op Apartments Inc key facts
LocationMerritt Island, Brevard County, FL · ZIP 32952
Home types (current listings and sales)stock cooperative 93%, condos 7%
Amenities listed by sellersPlayground, Laundry, RV/Boat Storage, Trash, Water, Barbecue
Sale prices, last 12 months$90,000 median across 8 closed sales · $150 per sq ft · -13.0% vs the prior 12 months
Days on market (closed sales)101 median
For sale right now6 active, 0 pending · median asking $116,200 · 9.0 months of supply

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2019 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Merritt Island Co-Op Apartments Inc key facts,” movewithmomentum.com/neighborhoods/merritt-island-co-op-apts-inc, data as of September 20, 2026.

Housing distress & ownership in Merritt Island Co-Op Apts Inc, Merritt Island

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 13 listings
Distress share trend — 0.0% now (2026-08-12 → 2026-10-19)

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 October 2026 through October 2026. Deemed reliable but not guaranteed.

Just listed in Merritt Island Co-Op Apartments Inc

The newest homes for sale in Merritt Island Co-Op Apartments Inc right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS Oct 20, 2026. All new listings in this market.

Every Home for Sale in Merritt Island Co Op Apts Inc Right Now (9)

All 9 active and pending Merritt Island Co Op Apts Inc listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

What it really costs to own in Merritt Island Co-Op Apartments Inc

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $655/yr across 4 listings here (MLS tax records, 2026-10-20).
HOA duesMedian $489/month across 6 MLS listings (most billed monthly; 2026-10-20). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.
Roof and ageMedian build year 1964 across 5 listings. An original roof here would be about 62 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Estimated carrying cost at the median asking price, before the mortgage: about $739/month (tax $55, HOA $489, insurance $196). An estimate from the sources above, not a quote.

Email me new listings in Merritt Island Co-Op Apartments Inc

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Merritt Island Co-Op Apartments Inc

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Merritt Island Co-Op Apartments Inc will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Recent Developments in Merritt Island Co Op Apts Inc

Development, infrastructure, retail, and school activity affecting Merritt Island Co Op Apts Inc, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

  1. October 2026
    Infrastructure

    Brevard County Brightline station fully funded with $57 million federal grant

    The planned Brightline station in Cocoa, near State Road 528, is now fully funded after a federal grant of about $57 million. Cocoa will own the station and Brightline will operate it, linking Cocoa and Port Canaveral to South Florida destinations. No construction start date has been set, and officials expect to release more details in early 2027.

    What it may mean for the marketA passenger rail stop near SR 528 would add a regional transit option for commuters and visitors traveling between the Space Coast and other Florida metros. The site is about 12 miles south of Merritt Island Co Op Apts Inc.

    Source: FOX 35 Orlando
  2. September 2026
    Civic

    Space Force plans laser counter-drone defenses at Space Coast launch sites

    Space Launch Delta 45 plans to deploy counter-drone technology, including lasers, to protect launch pads and critical infrastructure at Cape Canaveral and nearby facilities. Cost and operational date were not disclosed, and officials have not confirmed whether it will extend onto Kennedy Space Center property.

    What it may mean for the marketAdded security investment at launch facilities reinforces the base's role as a long-term anchor for aerospace employment in the region. The site is about 7 miles southeast of Merritt Island Co Op Apts Inc.

    Source: FOX 35 Orlando
  3. September 2026
    Parks & Amenities

    1963 state lease limits redevelopment of Titusville marina district

    A state lease signed in 1963 restricts how Titusville can develop its marina district near Sand Point Park, and changes require state approval. The mayor wants a year-round waterfront destination modeled on Cocoa Village, with options including boat slips, tours, restaurants, shops and family attractions. No timeline or cost has been published, and community meetings are planned over the coming months.

    What it may mean for the marketIf the lease is amended, added waterfront dining and attractions could expand recreation and retail access for northern Brevard. The project is about 9 miles northwest of Merritt Island Co Op Apts Inc, elsewhere in Brevard County.

    Source: FOX 35 Orlando
  4. July 2026
    Retail & Dining

    Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera

    The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.

    What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 20 miles south of Merritt Island Co Op Apts Inc, elsewhere in Brevard County.

    Source: Viera
  5. June 2026
    Development

    Orlando Health announces plans to open a new hospital in Viera

    Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.

    What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 21 miles south of Merritt Island Co Op Apts Inc, elsewhere in Brevard County.

    Source: ClickOrlando
  6. May 2026
    Builder Activity

    Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches

    Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.

    What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 11 miles south of Merritt Island Co Op Apts Inc, elsewhere in Brevard County.

    Source: Homes.com News

Development alerts for Merritt Island Co Op Apts IncGet a short monthly email when something new is approved, funded, or opens near Merritt Island Co Op Apts Inc.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

What is the median home price in Merritt Island Co-Op Apartments Inc?
The median sale price in Merritt Island Co-Op Apartments Inc was $90K over the 12 months ending September 20, 2026 (8 closed sales, Space Coast MLS).
How long do homes in Merritt Island Co-Op Apartments Inc take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 102 days on market (8 sales, Space Coast MLS).
Is Merritt Island Co-Op Apartments Inc a buyer's or seller's market right now?
As of September 20, 2026, Merritt Island Co-Op Apartments Inc leans toward buyers: 9.0 months of supply at the current sales pace (Space Coast MLS live counts).
Who is the best real estate agent for Merritt Island Co-Op Apartments Inc?
The best agent for Merritt Island Co-Op Apartments Inc is one who actively works Merritt Island and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Merritt Island Co-Op Apartments Inc.
How do I find a top Merritt Island real estate agent who knows Merritt Island Co-Op Apartments Inc?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Merritt Island Co-Op Apartments Inc and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Merritt Island Co-Op Apartments Inc?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Merritt Island Co-Op Apartments Inc purchase or sale - no call center and no pressure.
Where is Merritt Island Co-Op Apartments Inc, and what county is it in?
Merritt Island Co-Op Apartments Inc is in Merritt Island, Brevard County, FL, ZIP 32952.
Is Merritt Island Co-Op Apartments Inc a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Merritt Island Co-Op Apartments Inc: the median sale price over the last 12 months was $90K (8 sales), 80% below the Merritt Island median of $440K; homes took a median 102 days to go under contract; supply is 9.0 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.
Cash buyers seeking the lowest realistic entry point on Merritt IslandExcellent fit
Buyers comfortable with co-op board approval and share ownershipExcellent fit
Long-hold owners prioritizing low absolute cost over resale speedExcellent fit
Buyers who need a standard conventional mortgage to closeProbably not
Anyone wanting fee-simple ownership with full control over renovationsProbably not
Sellers who need a fast exit and cannot absorb a ~94-day timelineProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: October 20, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-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.

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Thinking of selling in Merritt Island Co-Op Apts Inc? 8 recorded closings; median 101 days on market (window ending 2026-09-20). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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