Merritt Towers
Condos 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 Towers Condo in Merritt Island, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 6 recorded sales closed at a median of $290,000, $217 per square foot, a median 117 days on market, sellers accepting 93% of original asking. Homes listed or recently sold were built 1985–1991; 15 of 15 report an HOA (median $635/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 $4,530 ($3,900 with the full homestead exemption).
Price at Merritt Towers is driven by the unit itself — floor, view, and condition do more work than any building-wide number. The median sits at $290,000, or about $228.53 per square foot, but that median masks a wide condition-driven spread. An updated unit and a dated one in the same tower will not trade anywhere near each other.
The current posture favors patient buyers. Days on market run to roughly 117.5, prices are off 6.8% year over year, and the heat score of 13 tells you this is a slow, negotiable market. Sellers should price to the current comps and expect time on market; buyers have room to make a case and should use it.
Merritt Towers Condo right now
🔴 Seller-leaning market. 0.9 months of supply and 67% of the inventory already under contract give sellers the pressure advantage.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: Medium (3 active and pending listings, 6 closed sales in 12 months).
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 Towers Condo market snapshot (as of September 12, 2026): the median sale price is about $290K ($217 per sq ft over the trailing 12 months of closed sales), a median 118 days on market for closed sales, and 0.9 months of supply, a seller-leaning market.
Merritt Towers is a condo building on Merritt Island in Brevard County, where value tracks the individual unit far more than the address. Over the longer arc the market has more than doubled since 2012, up 106%, but the recent trend is softer.
The setting & the homes.
Aerial and on-site photos of Merritt Towers Condo. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Merritt Towers CondoPhotos from Space Coast MLS listings in Merritt Towers Condo; content deemed reliable but not guaranteed.
Who Merritt Towers Condo is best for.
Best for
- Buyers targeting a condo near the mid-$290s who can wait out a slow market
- Value-focused buyers willing to compare unit condition closely and negotiate hard
- Long-hold owners comfortable with a market that has swung both ways
Probably not for
- Sellers who need to close quickly and cannot absorb 117.5-day timelines
- Buyers who want a full slate of on-site amenities
- Anyone counting on short-term price gains given the current 6.8% year-over-year decline
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 ($290K) IS the median in the snapshot above.
Windows contain 2 to 11 sales each (6 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 2005 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 Towers Condo Market Scorecard
Merritt Towers Condo is currently a seller-leaning market. About 0.9 months of supply, a median asking price of $345,000.
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.
Homes For Sale Right Now in Merritt Towers Condo
Live MLS inventory for Merritt Towers Condo. 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.
ActiveTop listingPendingPendingActive and pending Merritt Towers Condo listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period 2005 through 2026. Tap any home to ask about it.
Merritt Towers Condo 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
- Tropical · Elementary
- Jefferson · Middle
- Merritt Island · High
Zoned schools reflect the assignments reported on recent Merritt Towers Condo 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 Towers Condo address.
The Merritt Towers Condo buying strategy.
If we were buying in Merritt Towers Condo 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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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 Towers Condo.
A condition-driven condo market
With no amenities identified from current MLS listings, the pitch here is the building and the location rather than a package of shared facilities. That puts the burden on each unit to justify its price on its own merits — layout, updates, floor, and outlook. Expect a wide range of asking prices for what look like similar footprints, and treat the median of $290,000 as a center of gravity, not a rule.
The signals point the same direction: a 117.5-day median time on market and a 6.8% year-over-year decline mean listings are sitting and prices are adjusting. That is a negotiating environment. The small number of closings in the window — four — also means individual sales move the averages, so read any single comp with care and lean on the trend rather than one data point.
The location and the amenities are priced into every listing in Merritt Towers Condo. 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 Towers Condo 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 (7.1). Basis: Long-Term Appreciation +100% since 2012; Liquidity & Demand 0.9 months of supply; Pricing Power 92.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a thin, slow market like this one, the comps are few and the spread between units is large — exactly the conditions where a careless price costs real money on either side. We read the actual closings, weigh condition against the median, and set expectations honestly: a seller here needs a realistic number and patience, and a buyer needs the leverage the current posture provides. We will tell you when a specific unit is priced ahead of the market.
Merritt Towers Condo 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 Towers Condo 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 Towers Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Merritt Towers Condo, 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 Towers Condo home worth?
Get a no-obligation home value based on real comparable sales in Merritt Towers 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.
See all homes for sale in Merritt Island →
Frequently Asked Questions
What is the median home price in Merritt Towers Condo?
How long do homes in Merritt Towers Condo take to sell?
Is Merritt Towers Condo a buyer's or seller's market right now?
Have Merritt Towers Condo home prices gone up?
Who is the best real estate agent for Merritt Towers Condo?
How do I find a top Merritt Island real estate agent who knows Merritt Towers Condo?
Can Momentum Realty connect me with an agent for Merritt Towers Condo?
Should you buy in Merritt Towers Condo?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Merritt Towers Condo 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 2005 (112 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 Towers Condo fits the bigger picture — live prices, inventory, and Momentum Scores: