Penn Place Homes for Sale in Merritt Island, FL
Penn Place is one community to a buyer and 4 to the MLS: each phase, tract or condominium was platted and recorded separately, so its listings, sales and HOA facts sit on separate records. This page adds them up and links every section, so you can compare prices across Penn Place before you narrow to one street.
Penn Place in Merritt Island, FL is 4 MLS subdivisions, with 0 homes for sale or pending across them as of September 13, 2026. The MLS holds 23 closed sales for Penn Place in total, the most recent in August 2025.
Penn Place homes for sale by section
Click a section for its own page: the homes for sale there, its sales history, HOA and flood facts.
| Section | For sale | Median asking | Sold / 12 mo | Median sold | Days on market |
|---|---|---|---|---|---|
| Penn Place Condo | 0 | — | 0 | — | — |
| Penn Place Condo Ph Iii | 0 | — | 0 | — | — |
| Penn Place Condo Ph Iv | 0 | — | 0 | — | — |
| Penn Place Condo Ph V | 0 | — | 0 | — | — |
How to read Penn Place prices
Sections of one community can price very differently: build year, lot size, water or golf frontage and HOA scope all move the median. Compare the section medians above before judging a single listing, and treat the community-wide median as the reference point, not a value for any specific home.
Common questions
How many homes are for sale in Penn Place?
What do homes in Penn Place cost?
Why does Penn Place have 4 pages?
Keep exploring
Live data: Space Coast MLS, refreshed with every MLS pull; this page rebuilds on every ship. Community-level aggregates only for the 4 MLS sections of Penn Place; no individual listing is displayed here. Prices are asking or recorded sale prices, not values. Property facts only; nothing on this page describes residents. Equal Housing Opportunity.