Paradise Point Merritt Island in Merritt Island

Paradise Point Merritt Island
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data17 years of closingsUpdated twice daily
Live · Paradise Point Merritt Island Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · 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, founder of Momentum Realty
Jon's Current Read

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.

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

Paradise Point Merritt Island 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 July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

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 Merritt Island

Paradise Point Merritt Island 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 Merritt Island specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Paradise Point Merritt Island

Live MLS inventory for Paradise Point Merritt Island. 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 Merritt Island listings as of 2026-07-14, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

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 Merritt Island 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 Merritt Island address.

If we were buying in Paradise Point Merritt Island 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 Merritt Island.

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 Merritt Island. 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 Merritt Island 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.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • 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.

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 Merritt Island sales matched to your home.

What is your Paradise Point Merritt Island home worth?

Get a no-obligation home value based on real comparable sales in Paradise Point Merritt Island, 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 homes for sale in Paradise Point Merritt Island on the map →

Real comps, not an automated estimate.

Paradise Point Market Scorecard

Buyer-Leaning Market (limited data)

Paradise Point is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $2,479,999.

6.0
Months supply
$2,479,999
Median list
$1,550,000
Median sold
$537
Per sqft
n/a
Days on mkt
1/0/2
Active/Pend/Sold

Typical home value in the 32953 ZIP is $425,821, 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 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Paradise Point Merritt Island a buyer's or seller's market right now?
As of July 15, 2026, Paradise Point Merritt Island 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 Merritt Island?
The best agent for Paradise Point Merritt Island 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 Merritt Island.
How do I find a top Merritt Island real estate agent who knows Paradise Point Merritt Island?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Paradise Point Merritt Island and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Paradise Point Merritt Island?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Paradise Point Merritt Island purchase or sale - no call center and no pressure.
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

Nearby Communities

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

GSGrandview Shores MelbourneMerritt Island, FL · 0.4 miHIHarbour Isles 2Nd Addn Indian Harbour BeachMerritt Island, FL · 0.5 miLILansing Island Indian Harbour BeachMerritt Island, FL · 0.5 miIIInwood Isles Subd Indian Harbour BeachMerritt Island, FL · 0.7 miSHSouth Harbor Estates Indian Harbour BeachMerritt Island, FL · 0.8 miTETownhouse Estates N Indian Harbour BeachMerritt Island, FL · 1.0 miSHSunset Harbour Indian Harbour BeachMerritt Island, FL · 1.0 miMRMadison Riverfront Estates MelbourneMerritt Island, FL · 1.0 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 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.

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 your area comps.

Looking to buy here? Search homes for sale →

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