Merritt Towers
Condos for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $430,000, $225 per square foot, a median 60 days on market, sellers accepting 99% of original asking (+30% versus the prior year). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,710 ($6,090 with the full homestead exemption).
This is a condo market where the number that matters is condition, not location alone. The median sits at $329,900, or about $201 per square foot, and in a small building like this the spread around that median is driven mostly by how updated a given unit is and where it sits in the tower. Two units the same size can price very differently based on kitchens, baths, and views.
At a median of 60 days on market across a thin window of recent closings, this is not a frantic market. Buyers have room to look, compare, and negotiate on condition. Sellers should price to the comps honestly and expect a measured pace rather than a bidding war. With so few closings to lean on, one or two sales move the read, so pricing off the actual unit in front of you matters more than off the community average.
Merritt Towers Condo right now
🟢 Still climbing. The trailing-12-month median ($430K) is up 30.3% from the prior 12 months ($330K). With about 5 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: Low (5 and 3 sales in the two windows).
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 $430K ($225 per sq ft over the trailing 12 months of closed sales), and a median 60 days on market for closed sales. The trailing-12-month median is up 30% from the prior 12 months, computed from record-level Space Coast MLS closed sales (5 closings in the current window).
Merritt Towers Condo Ph III is a condominium building on Merritt Island in Brevard County, where pricing turns on individual unit condition and position rather than on shared amenities.
Who Merritt Towers Condo is best for.
Best for
- Buyers seeking a lower-maintenance condo on Merritt Island who will scrutinize a unit's condition and view
- Buyers comfortable negotiating on price where the pace runs around 60 days on market
- Value-minded buyers willing to update a dated unit priced below the median
Probably not for
- Buyers who want a building with a pool, gym, or other shared amenities
- Buyers who need to move on a fast timeline and expect quick turnover
- Buyers uneasy pricing off a small set of recent closings
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 ($430K) IS the median in the snapshot above, and the move from 2025 ($330K) IS the +30.3% one-year change.
Windows contain 1 to 9 sales each (5 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 2004 through 2026. Deemed reliable but not guaranteed.
28% 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 (2026-09-08).
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.
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 Towers Condo.
A unit-by-unit market
There are no community amenities identified from current MLS listings, so the value proposition here is the residence itself and the location on Merritt Island. That puts the burden on the individual unit: floor, layout, view, and how much updating has been done. When you tour, weigh renovation costs against the median of $329,900, because that is where your comparison really lives.
The recent sales window is small, which is normal for a single building and something to respect rather than fear. It means each comparable carries real weight, and it means an appraisal and a careful review of what actually sold are worth the time. Don't lean on averages here; lean on the specific comparable unit.
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.
Why work with Momentum here
In a small condo building with a thin sales record, the difference between a good outcome and a bad one is reading the individual unit against the handful of real comparables. We track what actually closed here, help you price renovation gaps against the $329,900 median, and negotiate on condition rather than hope. If a unit isn't the right fit for what you want, we'll say so.
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?
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.
Data sources & freshness
| 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 2004 (79 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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Merritt Towers Condo Ph Iii fits the bigger picture — live prices, inventory, and Momentum Scores: