Paradise Point in Merritt Island
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data17 years of closingsUpdated twice daily

As of November 2026, Paradise Point in Merritt Island, FL has 1 home for sale. Homes listed or recently sold were built 1949 - 1996; none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 8 ft).

Live · Paradise Point Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
1 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 16, 2026

Paradise Point Merritt Island is a low-inventory pocket on Florida's Space Coast - as of mid-July 2026, just one active listing. That scarcity tells you two things: turnover is rare, and sellers who do list can wait for their number. With six months of supply, the market sits in balanced territory, but a single-listing snapshot means any pricing conclusion drawn from today's data will be stale the moment another home comes on or this one closes.

Brevard's waterfront and near-water enclaves trade on proximity to the Indian River Lagoon, Cape Canaveral, and the relative affordability of the Space Coast versus coastal metros farther south. Paradise Point homes that do transact will be priced on lot position, water access, and condition more than any neighborhood comp average. If you're shopping here, plan to move quickly when the right property appears - and if you're selling, understand that even in a balanced market, a niche address means you're fishing for the one buyer who wants exactly what you have.

Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Paradise Point Housing Pulse · Momentum Research · as of July 15, 2026

Paradise Point right now

🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.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 July 15, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).

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

· Updated November 14, 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

Paradise Point Merritt Island is a small enclave in Brevard County where inventory turns infrequently and each listing stands on its own merits. The market here is less about trend and more about the specific home and lot that comes available.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyer monitoring Space Coast waterfront who can act quickly when the right lot and access package appears
  • Investor or second-home buyer comfortable holding a niche asset in a low-turnover enclave
  • Relocating professional tied to Cape Canaveral or Brevard employment who prioritizes water proximity over walkability

Probably not for

  • Buyer who needs to compare three active listings side-by-side before making an offer
  • First-time purchaser relying on a rich comp set and predictable pricing to build confidence
  • Anyone requiring a liquid resale market or a community with high transaction velocity

The market around Paradise Point

Paradise Point is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Paradise Point specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Paradise Point

Live MLS inventory for Paradise Point. 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 Paradise Point listings as of 2026-11-13, priced high to low. Based on information from the Space Coast MLS. Tap any home to ask about it.

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
  • Ocean Breeze · Elementary
  • DeLaura · Middle
  • Satellite · High

Zoned schools reflect the assignments reported on recent Paradise Point 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 Paradise Point address.

Recent Developments in Paradise Point

Development, infrastructure, retail, and school activity affecting Paradise Point, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

Dev Momentum73/100 · High
  1. October 2026
    Parks & Amenities

    Westin Cocoa Beach details FlowSurf surf attraction and plans for local access

    The resort says its surf attraction will be called the FlowSurf Experience at The Lineup, with adjustable wave levels. Planned additions include a beachside bar called Locals Only and a cafe called Wax Shack with sports simulators, and the resort intends to offer attractions to the local community, with pricing not yet announced.

    What it may mean for the marketThe project adds recreation and dining amenities to the Cocoa Beach oceanfront and may create hospitality jobs ahead of opening. The project is about 4 miles east of Paradise Point, elsewhere in Brevard County.

    Source: Space Coast Daily
  2. October 2026
    Market

    Brevard September home sales: single-family slows while condos and townhomes gain

    Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.

    What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The site is about 6 miles south of Paradise Point.

    Source: Space Coast Daily
  3. October 2026
    Infrastructure

    Port Canaveral board reviews cruise revenue, Terminal 10 rehab and marina plans

    Fiscal 2026 cruise revenue reached $210 million, about $10 million above projections, and the board was asked to add $2.7 million to the Cruise Terminal 10 rehab order. Bluepoints Marina is set to close by the end of 2028 for Cruise Terminal 4, with Cape Marina becoming full-service, and a $2.9 million commercial fishing facility is under way on Mullet Road.

    What it may mean for the marketPort projects signal continued terminal investment and shifting boat-slip and waterfront commercial capacity near Cape Canaveral. The site is about 6 miles northeast of Paradise Point.

    Source: WKMG ClickOrlando
  4. October 2026
    Civic

    Cocoa Beach commission asks state to study faster boat channels on the Banana River

    The commission unanimously passed a proposal asking Florida wildlife officials to review manatee speed zones, with the mayor suggesting 25 mph daytime channels. The request is not final, and the state has not set a study timeline.

    What it may mean for the marketAny change in speed zones could shorten boat travel times for waterfront residents and marine businesses around Cocoa Beach. The site is about 3 miles northeast of Paradise Point.

    Source: FOX 35 Orlando
  5. 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 5 miles northwest of Paradise Point.

    Source: FOX 35 Orlando
  6. 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 6 miles southwest of Paradise Point, elsewhere in Brevard County.

    Source: Viera

Development alerts for Paradise PointGet a short monthly email when something new is approved, funded, or opens near Paradise Point.

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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.

If we were buying in Paradise Point 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 Paradise Point.

Best Buy
Buyers who want Space Coast water access and are comfortable waiting for the right property to surface.
Biggest Risk
Illiquid market - if you need to sell quickly in three years, your buyer pool will be just as narrow as it is today.
Sweet Spot
Patient buyer with lagoon-proximity goals and the flexibility to move fast when inventory appears.
Avoid If
You need multiple comps and choices on the table at once, or a predictable resale timeline.

Single-listing dynamics on the Space Coast

With one active listing and a six-month supply calculation, Paradise Point is effectively a watch-and-wait market. That supply figure - solidly balanced on paper - doesn't mean much when the denominator is so small; a single close or new listing swings the math. What it does mean: this isn't a feeding frenzy, and it isn't a fire sale. Sellers have time to hold out for terms, and buyers have time to inspect and negotiate, provided they're already monitoring the feed and ready to act when the next opportunity surfaces.

Merritt Island's appeal is geographic - water access without Miami or Palm Beach prices, proximity to Kennedy Space Center employment, and a drive-to-Orlando corridor that keeps the area connected. Paradise Point homes will vary widely depending on waterfront position, dock rights, seawall condition, and hurricane prep. Because turnover is thin, there's no recent comp stack to lean on; each transaction becomes its own negotiation grounded in replacement cost, lot value, and whatever the lagoon view commands that week.

If you're a buyer, set an alert and stay patient. If you're a seller, price intelligently and expect a longer marketing cycle than a subdivision with twenty comps. The market will clear - it just won't rush.

“

The location and the amenities are priced into every listing in Paradise Point. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin-inventory enclaves demand an agent who monitors the feed daily and knows how to value a one-off property without leaning on a phantom comp set. Momentum maintains live market surveillance across Brevard and will tell you when a Paradise Point listing is priced right - and when it's testing the ceiling. We'll also tell you when it makes more sense to expand your search to adjacent waterfront pockets where turnover gives you options. No hype, no pressure, just the read you need to make a decision that fits your timeline and budget.

Paradise Point in 15 seconds.

Best forBuyers who want Space Coast water access and are comfortable waiting for the right property to surface.
Biggest advantageLow turnover means stable ownership - neighbors stay put, and the community doesn't churn.
Biggest riskIlliquid market - if you need to sell quickly in three years, your buyer pool will be just as narrow as it is today.
Sweet spotPatient buyer with lagoon-proximity goals and the flexibility to move fast when inventory appears.
Avoid ifYou need multiple comps and choices on the table at once, or a predictable resale timeline.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Paradise Point sales matched to your home.

What is your Paradise Point home worth?

Get a no-obligation home value based on real comparable sales in Paradise Point, 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 Paradise Point

Homes in Paradise Point 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. 1 on record.

Paradise Point key facts
LocationMerritt Island, Brevard County, FL
Home types (current listings and sales)single-family 100%
Amenities listed by sellersFishing, Other
For sale right now1 active, 0 pending · median asking $2,479,999 · 6.0 months of supply

Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s. Market figures describe homes, not residents. Cite as: Momentum Realty, “Paradise Point key facts,” movewithmomentum.com/neighborhoods/paradise-point-merritt-island, data as of July 15, 2026.

Housing distress & ownership in Paradise Point, 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 6 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-11-12)

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

Every Home for Sale in Paradise Point Merritt Island Right Now (2)

All 2 active and pending Paradise Point Merritt Island 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.

How much local inventory is already under contract

21% 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 (2026-11-14).

Paradise Point Market Scorecard

Balanced Market (limited data)

Paradise Point is currently a balanced market (limited data). About 4.0 months of supply, a median asking price of $1,200,000.

4.0
Months supply
$1,200,000
Median list
$2,000,000
Median sold
$571
Per sqft
n/a
Days on mkt
1/1/3
Active/Pend/Sold

Typical home value in the 32953 ZIP is $421,537, right around the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-11-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Email me new listings in Paradise Point

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 Paradise Point

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Paradise Point 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.

What it really costs to own in Paradise Point

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 $11,696/yr across 3 listings here (MLS tax records, 2026-11-14).
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 1984 across 3 listings. An original roof here would be about 42 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.

Frequently Asked Questions

Is Paradise Point a buyer's or seller's market right now?
As of July 15, 2026, Paradise Point is roughly balanced: 6.0 months of supply at the current sales pace (Space Coast MLS live counts).
Who is the best real estate agent for Paradise Point?
The best agent for Paradise Point 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 Paradise Point.
How do I find a top Merritt Island real estate agent who knows Paradise Point?
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 Paradise Point and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Paradise Point?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Paradise Point purchase or sale - no call center and no pressure.
Where is Paradise Point, and what county is it in?
Paradise Point is in Merritt Island, Brevard County, FL.
Buyer monitoring Space Coast waterfront who can act quickly when the right lot and access package appearsExcellent fit
Investor or second-home buyer comfortable holding a niche asset in a low-turnover enclaveExcellent fit
Relocating professional tied to Cape Canaveral or Brevard employment who prioritizes water proximity over walkabilityExcellent fit
Buyer who needs to compare three active listings side-by-side before making an offerProbably not
First-time purchaser relying on a rich comp set and predictable pricing to build confidenceProbably not
Anyone requiring a liquid resale market or a community with high transaction velocityProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: November 13, 2026)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2009 (6 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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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Paradise Point with Momentum Realty’s local guides.

TTropic0.2 mi awayMIMarina Isles Club Condo0.2 mi away · 2 for saleTTropic0.3 mi awaySPSpinnaker Point0.4 mi away · 18 homes, built 1987–15HIHarbour Isles0.4 mi awayHarbour Isles0.5 mi away · 69 homes, built 1962–10

Browse all neighborhood guides →

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