Paradise
Point

Merritt Island subdivision · near the Indian River · Brevard County

A small, established Merritt Island subdivision near the Indian River side of the island, where some parcels are reported to carry water frontage. The read is the specific lot, the waterfront status, and the flood picture.

Merritt Island, 32953Near the Indian RiverWaterfront, parcel by parcel

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.

Free · No obligation

Unlock Off-Market Paradise Point

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseSpace Coast MLS

$1.55M

Median Price

6mo

Supply

n/a

Avg DOM

Soft

Seller Leverage

$537/sf

Median $/Sqft

n/a

1-Yr Price Change

0now

Distress

Jon's Current Read

"Paradise Point is a small, established single-family pocket on Merritt Island, in the part of the island near the Indian River. Some parcels are reported to carry river or canal frontage, which is the headline value driver here, but waterfront status is parcel-specific, so it has to be confirmed lot by lot rather than assumed. Because this is low-lying Space Coast island ground, the read that matters most is the flood zone, the base flood elevation, the elevation certificate and what flood insurance actually costs for the specific home, alongside any seawall or dock condition where water frontage exists. Confirm whether any HOA or deed restriction applies, since small Merritt Island plats vary, and comp by lot and water status rather than by a community average."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Paradise Point market snapshot (as of June 17, 2026): the median sale price is about $1.6M ($537 per sq ft), a buyer-leaning market (limited data). Based on 2 recent closings in live Space Coast MLS data.

Paradise Point is a small, established single-family subdivision on Merritt Island (ZIP 32953), Brevard County, in the part of the island near the Indian River. It is a modest, individual-ownership pocket rather than a gated master plan, and homes and lots vary by parcel.

The draw on Merritt Island near the river is the water. Some Paradise Point parcels are reported to carry river or canal frontage with the boating and water-view appeal that comes with it. Waterfront status is parcel-specific, so confirm the exact lot, any frontage, and any dock or seawall for the specific home rather than assuming the whole pocket is waterfront.

Because this is low-lying island ground, the flood picture is the diligence that matters most. Confirm the FEMA flood zone, the base flood elevation, any elevation certificate, and what flood insurance actually costs for the specific home before you anchor on a number. Wind and flood coverage on Space Coast island property is a real line item.

Confirm whether any HOA or deed restriction applies, since small Merritt Island plats vary, along with the lot, the year built, the septic or sewer status, and the school assignment by address with Brevard Public Schools if that matters to you. The read is the lot, the waterfront status, and the flood and insurance math, confirmed in writing before you offer.

Quick Match

Who Paradise Point is best for.

Best for

Buyers who want a small, established Merritt Island pocket near the Indian River
Buyers drawn to potential river or canal frontage on a specific lot
Buyers who will run the full flood, elevation and insurance diligence
Buyers who want individual ownership rather than a gated master plan

Probably not for

Buyers who want gated, amenity-rich community living
Buyers unwilling to underwrite flood and wind insurance on island ground
Buyers who assume every lot here is waterfront
Buyers who want newer, uniform construction

Market Pulse

How Paradise Point is performing right now

50/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

6Months of supplytight

72Median days on marketdays

0 : 1Under contract vs for salestrong demand

2Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+39%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Paradise Point listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Riverside Landing or Merritt Island. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now1 : 0active : pending

For sale1

Pending0

Sold 12mo2

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Paradise Point buys, holds, and resells. See the five factors.

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.

10710 S Tropical Trail home for sale in Paradise Point

ActiveTop listing

$2,479,999

4 bd · 3.5 ba · 3,333 sqft · built 1996

10710 S Tropical Trail, Merritt Island, 32952

Strong resaleRenovatedBest value

Listed by Dalton Wade, Inc.

Active and pending Paradise Point listings as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Interactive Map

Paradise Point on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Drive times from Paradise Point. They are approximate and vary with traffic and your exact start point.

Merritt Island shopping (Merritt Square area)~10 to 18 min · approximate, varies by lot

Cocoa and US-1 corridor~12 to 20 min · mainland access

Cocoa Beach and the Atlantic~20 to 30 min · across the causeways

Kennedy Space Center area~20 to 35 min · north end of the island

I-95 (via SR-528 or SR-520)~20 to 30 min · main highway access

Orlando Melbourne Intl Airport~35 to 50 min · regional airport

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

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

River IslandRaquette ClubMerritt Island, FL · 0.3 mi

Heron Creekon Merritt IslandMerritt Island, FL · 0.6 mi

Mandalay GroveMerritt IslandMerritt Island, FL · 0.7 mi

The GrovesNorth Merritt IslandMerritt Island, FL · 0.7 mi

Chase HammockLakesMerritt Island, FL · 0.8 mi

The SavannahsMerritt Island, FL · 0.8 mi

Villa De PalmasSykes CoveMerritt Island, FL · 0.9 mi

Kenzel TerraceMerritt IslandMerritt Island, FL · 0.9 mi

Island CrossingsMerritt Island, FL · 1.0 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Paradise Point (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Brevard County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Paradise Point is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Paradise Point address.

The takeaway

What is actually shaping value around Paradise Point and Merritt Island, sourced and dated. We do not publish rumor.

Recent Developments in Paradise Point

Development Intelligence

Our read on what is being built around Paradise Point, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is a small Merritt Island pocket near the river, where the specific lot, the waterfront status and the flood and insurance math drive outcomes more than any community average. Watch the Space Coast's strong aerospace-driven job growth and the area's water-and-insurance realities, and confirm every flood and frontage detail per parcel before you offer.

Space Coast aerospace job growth supports island demand

BullishMulti-billion-dollar aerospace investment and thousands of new Space Coast jobs, including Blue Origin's large Merritt Island rocket factory, support long-run housing demand across Brevard, a real positive for established island pockets. impact

SignificanceRadius: Area

Space Coast aerospace job growth supports island demand

Flood, elevation and insurance are the core diligence

NeutralOn low-lying Merritt Island ground, the flood zone, base flood elevation, elevation certificate and flood and wind insurance cost are parcel-specific and central to value. Confirm all of them for the specific home. impact

SignificanceRadius: Community

Flood, elevation and insurance are the core diligence

Waterfront status varies lot by lot

NeutralSome Paradise Point parcels are reported to carry river or canal frontage and some do not. Confirm the exact frontage, any dock and any seawall for the specific lot rather than assuming. impact

SignificanceRadius: Community

Waterfront status varies lot by lot

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

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 June 2026.

Showing the latest, scroll for all updates ↓

November 2025
Jobs
Space Coast job boom continues across Brevard
A November 2025 Brevard real estate market overview documented more than 15,000 new high-paying positions announced by major Space Coast employers in recent years, including SpaceX and Blue Origin, with Brevard's unemployment reported at 3.7 percent as of April 2025 and Blue Origin operating a roughly 750,000-square-foot rocket factory on Merritt Island. Why it matters: Sustained aerospace-driven job growth underpins long-run demand for established Merritt Island homes. It is a structural positive, not a reason to skip per-home flood and insurance diligence. Source
March 2025
Aerospace
SpaceX commits to a 1.8 billion dollar Starship expansion in Florida
CBS12 reported in March 2025 that SpaceX announced a 1.8 billion dollar Starship expansion on Florida's Space Coast expected to create about 600 full-time jobs by 2030, with new integration and launch infrastructure at the Cape Canaveral and Kennedy Space Center area near Merritt Island. Why it matters: Major aerospace investment near the island strengthens the regional jobs base that supports Merritt Island housing demand over time. Source

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.

The Strategy

The Paradise Point buying strategy.

If we were buying in Paradise Point, this is the order of operations we would run, and the one we run for our clients.

Run the flood file first. Confirm the FEMA flood zone, base flood elevation, any elevation certificate, and the actual flood and wind insurance quote for the specific home before anything else.

Confirm the waterfront status of the exact lot. Some parcels are reported to carry river or canal frontage and some do not. Verify any frontage, dock and seawall in writing.

Confirm any HOA or deed restriction, since small Merritt Island plats vary, plus the septic or sewer status for the home.

Comp by lot and water status, not by a community average, since waterfront and interior lots trade very differently.

Weigh a nearby Merritt Island alternative, such as Riverside Landing, on water access, flood posture and total carrying cost.

The Quick Decision

Best Buy

A sound home on a desirable, confirmed-waterfront lot with a manageable flood zone and a known insurance number, comped against its own water-status tier.

Biggest Risk

Assuming a lot is waterfront when it is not, or underestimating the flood and wind insurance cost on low-lying island ground.

Best Lot

Confirmed river or canal frontage carries the premium; interior lots are the value and negotiation zone. Water status drives price more than size.

Smart Timing

On a small island pocket, inventory is thin and lot-specific, so the right buy is opportunistic; confirm flood and frontage before you move.

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Paradise Point is a small, established single-family subdivision on Merritt Island (ZIP 32953), Brevard County, near the Indian River side of the island. It is an individual-ownership pocket rather than a gated amenity community, with homes and lots that vary by parcel and some lots reported to carry river or canal frontage. The defining diligence is the water and the flood picture: confirm the FEMA flood zone, base flood elevation, any elevation certificate, the actual flood and wind insurance cost, the exact waterfront frontage and any dock or seawall, plus whether any HOA or deed restriction applies, the septic or sewer status, the year built, and the school assignment by address with Brevard Public Schools, since details change.

Paradise Point Homes For Sale

What your money buys in Paradise Point.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Paradise Point today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: interior lots

$1.10M to $1.10M

The interior, non-waterfront lots, the entry door into an established Merritt Island pocket near the river. Confirm flood zone and current pricing on the live listings below.

Lowest entry

Core: water-view and canal lots

$1.10M to $2.00M

Homes with water views or reported canal access, the heart of the appeal here. Confirm the exact frontage and flood posture, and current pricing on the live listings below.

Most inventory

High: river-frontage lots

$2.00M to $2.00M

The lots reported to carry direct river frontage with boating appeal, the top of this small market. Frontage, dock and seawall separate these most. Confirm current pricing on the live listings below.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$1.55M buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$1.10M to $1.10M

Entry: interior lots

The interior, non-waterfront lots, the entry door into an established Merritt Island pocket near the river. Confirm flood zone and current pricing on the live listings below.

$1.10M to $2.00M

Core: water-view and canal lots

Homes with water views or reported canal access, the heart of the appeal here. Confirm the exact frontage and flood posture, and current pricing on the live listings below.

$2.00M to $2.00M

High: river-frontage lots

The lots reported to carry direct river frontage with boating appeal, the top of this small market. Frontage, dock and seawall separate these most. Confirm current pricing on the live listings below.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Paradise Point, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Better lots and views resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Paradise Point is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Paradise Point holds value.

Our read on the factors that protect resale here, and the one to manage.

No CDD on the tax billStrong

Central Merritt Island locationStrong

Scarce, established homesitesStrong

Established, in-demand locationPositive

All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Paradise Point

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Underbudgeting the carrying costs
Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Paradise Point is easy to like for the island setting and the water. The deal is won or lost on the specific lot, its waterfront status, and the flood and insurance math, not the pocket's name.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.0B · Buy Score

Resale Strength7.2/10

Renovation Risk6.0/10

Location Efficiency7.4/10

Long-Term Defensibility7.2/10

Carrying Cost Advantage6.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Paradise Point is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take

Golf, lake, and preserve lots hold value best
Interior lots are where buyers overpay
The lot cannot be renovated, the house can
Premium homesites resell faster
~3% asking premium for premium lots today

In a built-out club community, the lot is the resale insurance

The houses can be renovated, but the lot and view cannot. Golf frontage, lakefront, and preserve lots consistently command higher premiums and resell faster than interior lots backing to another home. The premium you pay for a great homesite is the discount you avoid when you sell.

The mistake is paying an estate price for a base interior lot. We help buyers spot which homesites carry real, durable premiums and which are dressed-up interiors, so your money lands where the market will give it back.

Strongest resale Golf frontage and lakefront homesites at Paradise Point

Golf & lakefront lots

Open views over the course or the 26 community lakes. The scarcest, most in-demand homesites; they command the highest premiums and resell fastest.

Strong resale Preserve-backing homesites at Paradise Point

Preserve lots

Backing to protected preserve means privacy with no rear neighbor. A consistent favorite that holds value well above a standard interior lot.

Moderate resale Cul-de-sac and larger interior homesites at Paradise Point

Cul-de-sac & larger lots

Less traffic, more yard, and an easy walk to the club for some streets. A real but smaller premium that depends on the street and parcel size.

Value tier Standard interior homesites at Paradise Point

Standard interior lots

The most affordable way through the gates, and the best renovation value. Just do not pay a golf or lake price for one, this is where buyers most often overpay.

Relative resale strength by lot and view, illustrative of how Paradise Point homesites trade. The exact premium depends on the specific home, the view, and the street.

The 15-Second Verdict

Paradise Point in 15 seconds.

Best forBuyers who want a small, established Merritt Island pocket near the Indian River and will run the flood and frontage diligence.

Strong onAn established island setting near the river, reported water-frontage potential on some lots, and individual ownership rather than a master plan.

WatchThe flood zone, elevation, and flood and wind insurance cost, plus whether the exact lot truly carries water frontage. Confirm all of it per parcel.

The sweet spotA sound home on a confirmed-waterfront lot with a manageable flood zone and a known insurance number, comped to its own water tier.

Not forBuyers who want gated amenities, newer uniform construction, or who will not underwrite island flood and wind insurance.

HOA, CDD & Fees

15-Second Take

Confirm whether any HOA or deed restriction applies
Confirm the FEMA flood zone and base flood elevation
Get an actual flood and wind insurance quote for the home
Confirm the exact waterfront frontage, dock and seawall
Confirm septic or sewer status and the year built

We do not publish an HOA figure here. Small Merritt Island plats vary, and Paradise Point may have a modest association, a deed restriction, or none at all. Confirm whether any HOA or deed restriction applies, and any dues, with the listing and county records before you offer.

If any association exists, assume it is minimal rather than amenity-rich; this is an individual-ownership island pocket, not a gated amenity community. Confirm what, if anything, is covered.

Run Your Numbers

Tools for a Paradise Point buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxBrevard County millage and the homestead picture.Rent vs buyThe breakeven on owning in Paradise Point.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Paradise Point

Sell on the lot, the water status and a clean flood story

In a small island pocket, the right list price comes from comps matched to the specific lot and its waterfront status, not a community average. A buyer's first questions will be about flood zone and insurance, so the listing has to answer them up front.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Paradise Point, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Riverside Landing, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Paradise Point home worth?

Get a no-obligation home value based on real comparable sales in Paradise Point matched to your condition, lot, and view, 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 on the map →
Or get your Paradise Point home value & selling guide →

Real comps, not a Zestimate.

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 $427,456, about 2.1% above 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Paradise Point located?

Paradise Point is a small, established single-family subdivision on Merritt Island, FL (ZIP 32953), Brevard County, in the part of the island near the Indian River.

Is Paradise Point a waterfront community?

Some parcels are reported to carry river or canal frontage, but waterfront status is parcel-specific. Confirm the exact frontage, any dock and any seawall for the specific lot rather than assuming the whole pocket is waterfront.

Is Paradise Point in a flood zone?

Merritt Island is low-lying coastal ground, so flood exposure is common and parcel-specific. Confirm the FEMA flood zone, base flood elevation and any elevation certificate, and get an actual flood insurance quote for the specific home before you offer.

Does Paradise Point have an HOA?

Small Merritt Island plats vary; Paradise Point may carry a modest association or deed restriction, or none. Confirm whether any HOA or deed restriction applies, and any dues, with the listing and county records.

What kind of homes are in Paradise Point?

Single-family homes on individually owned lots that vary in size, age and water status. Confirm the specific lot, year built and any frontage for any home you consider.

Can I keep a boat at Paradise Point?

On lots reported to have river or canal frontage, dockage may be possible, subject to the specific lot, any existing dock and permitting. Confirm the frontage, dock condition and any permits for the specific home.

Is the home on septic or sewer?

It varies by parcel on Merritt Island. Confirm whether the specific home is on septic or connected to sewer, and the condition, before you offer.

What does a home in Paradise Point cost?

We do not publish a price figure here. Pricing tracks the specific lot, its water status and condition. Confirm current pricing on the live listings on this page; we pull exact comps by lot and water status before you offer.

What schools serve Paradise Point?

The area is served by Brevard Public Schools, with assignment by address. Zoning can change, so confirm the current zoned campuses for any specific home with the district.

How far is the beach from Paradise Point?

Roughly twenty to thirty minutes to Cocoa Beach and the Atlantic across the causeways, depending on the exact lot and traffic. This is an island-interior or riverside setting, not oceanfront.

What is Merritt Island like to live in?

Merritt Island is a large barrier-adjacent island in Brevard with a mix of established neighborhoods, waterfront pockets and nature, close to the Space Coast aerospace economy, Cocoa, the beaches and Kennedy Space Center. Water and insurance are the defining diligence.

Is now a good time to buy in Paradise Point?

It depends entirely on the specific lot, its water status and the flood and insurance math. We pull live inventory and comps so you can judge value on the actual property and its true carrying cost.

Do I need my own agent to buy in Paradise Point?

Yes. The listing agent works for the seller. Your own agent confirms the flood zone, the waterfront status, any HOA, and the septic or sewer picture, pulls true comps by lot and water status, and negotiates for you. Momentum Realty represents you, not the seller.

The Verdict

Should you buy in Paradise Point?

An honest fit check. We will tell you when it is not your community.

You want a small, established Merritt Island pocket near the Indian RiverExcellent fit

You are drawn to potential river or canal frontage on a specific lotExcellent fit

You will run the full flood, elevation and insurance diligenceExcellent fit

You want individual ownership rather than a gated master planExcellent fit

You can underwrite island flood and wind insuranceExcellent fit

You want gated, amenity-rich community livingProbably not

You will not underwrite flood and wind insurance on island groundProbably not

You assume every lot here is waterfrontProbably not

You want newer, uniform constructionProbably not

You want a low, predictable carrying cost with no insurance surprisesProbably not

Get the inside read on Paradise Point

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Paradise Point home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty Paradise Point specialist will reach out personally, usually the same day.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

ParadisePoint

The 60-Second Overview

Who Paradise Point is best for.

Best for

Probably not for

How Paradise Point is performing right now

Homes For Sale Right Now in Paradise Point

Paradise Point on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Paradise Point

Space Coast aerospace job growth supports island demand

Flood, elevation and insurance are the core diligence

Waterfront status varies lot by lot

Space Coast job boom continues across Brevard

SpaceX commits to a 1.8 billion dollar Starship expansion in Florida

The Paradise Point buying strategy.

The full read, only if you want it.

What your money buys in Paradise Point.

What ~$1.55M buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Paradise Point holds value.

5 Mistakes Buyers Make in Paradise Point

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Underbudgeting the carrying costs

Skipping the systems check

Momentum Buy Score.

Why our read on Paradise Point is different.

Which Lots & Views Hold Value Best

In a built-out club community, the lot is the resale insurance

Golf & lakefront lots

Preserve lots

Cul-de-sac & larger lots

Standard interior lots

Paradise Point in 15 seconds.

HOA, CDD & Fees

Tools for a Paradise Point buy.

Sell on the lot, the water status and a clean flood story

In Paradise Point, condition and view decide your number

What is your Paradise Point home worth?

Price History: What Homes Here Have Actually Sold For

Paradise Point Market Scorecard

Frequently Asked Questions

Should you buy in Paradise Point?

Get the inside read on Paradise Point

You are all set.

Need to sell fast in Brevard County?

You just read the data. Now see what your home is worth.

Paradise
Point