S Merritt Estates Pineland
Homes for Sale in Merritt Island, FL

All 221 homes for sale in Merritt Island, FL · median $499,900 · 115 homes for sale in 32952 · Brevard County homes for sale

Community in Merritt Island · Brevard County · ZIP 32952
44 homesBuilt 1961–1980Median sale $490K
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Built fromLive Space Coast MLS data21 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $490,000, $202 per square foot, a median 77 days on market, sellers accepting 93% of original asking. At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,650 ($7,020 with the full homestead exemption).

S Merritt Estates Pineland 2Nd Sec key facts
LocationMerritt Island, Brevard County, FL · ZIP 32952
Homes in the community44 (FL DOR 2025 assessment roll)
Years built1961–1980 (median 1964.0)
Typical living area3,116 sq ft (median)
Sale prices, last 12 months$490,000 median across 3 closed sales · $202 per sq ft
Days on market (closed sales)77 median
Owner-occupied (homestead) share80%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “S Merritt Estates Pineland 2Nd Sec key facts,” movewithmomentum.com/neighborhoods/s-merritt-estates-pineland-2nd-sec, data as of September 20, 2026.

Live · S Merritt Estates Pineland Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$490K
Median sold · 12 mo
$202/sf
Sold $/sqft · 12 mo
peak $207 in 2024
93.3%
Sale vs ask
Tempo
77days
Median DOM · closed
46 days at the 2024 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
80%
Owner-occupied · S Merritt Estates Pineland
35 of 44 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · S Merritt Estates Pineland
incl. 18% trust or LLC-held · 2% out-of-state
44
Homes in the community
44 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1961
Community established
homes built 1961-1980, median 1964 (FL DOR 2025)
2,587sqft
Median sold home size
12-mo windows, closed sales
6.8%/yr
Turnover rate
about 3 of 44 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by the house itself, not by shared amenities. With no community features identified from current MLS listings, what you pay tracks condition, lot, and square footage. The median sits at $490,000, and at roughly $202 per square foot, the spread between an updated home and one that needs work can be wide.

The market posture is patient. A median of 77 days on market says this is not a place where listings move in a weekend. For buyers, that means room to inspect, negotiate, and avoid overpaying. For sellers, it means pricing to the current comps and presenting the home well matter more than hoping for a bidding war.

Nearby homes for sale

No active listings inside S Merritt Estates PinelandHomes for Sale in Merritt Island, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

526 Elliot Drive
$1.50M · 0.3 mi away
5 bd · 3 ba · 4,719 sqft
526 Elliot Drive
Listed by Triad Realty LLC
2345 Marsh Harbor Avenue
$595K · 0.3 mi away
3 bd · 3 ba · 2,398 sqft
2345 Marsh Harbor Avenue
Listed by Real Broker, LLC
685 Carambola Drive
$790K · 0.3 mi away
4 bd · 2.5 ba · 2,775 sqft
685 Carambola Drive
Listed by Continental Home Sales, LLC
530 Hidden Creek Drive
$625K · 0.4 mi away
3 bd · 2 ba · 2,533 sqft
530 Hidden Creek Drive
Listed by Compass Florida LLC
2175 S Tropical Trail
$2.55M · 0.4 mi away
5 bd · 4 ba · 4,097 sqft
2175 S Tropical Trail
Listed by Orlando Property Advisors
2520 Millrace Way
$639K · 0.6 mi away
5 bd · 3 ba · 3,100 sqft
2520 Millrace Way
Listed by Nextdwell

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

S Merritt Estates Pineland market snapshot (as of September 20, 2026): the median sale price is about $490K ($202 per sq ft over the trailing 12 months of closed sales), and a median 77 days on market for closed sales.

In ZIP 32952 (Merritt Island), 261 homes closed in the last 12 months at a median of $327K ($237/sq ft), down 1.5% year over year, with a median 50 days on market. Right now 49 active and 15 pending listings put supply at about 5.6 months — a buyer's market. See the live ZIP 32952 housing market and the Brevard County market.

S Merritt Estates Pineland is a community of 44 homes in Merritt Island, Brevard County, built between 1961 and 1980 (median 1964.0), with a median living area of about 3,116 square feet. 80% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

S Merritt Estates Pineland 2Nd Sec is a small pocket of Merritt Island in Brevard County where value is set by the individual home rather than by any shared community offering. Expect to underwrite each property on its own merits.

Best for

  • Buyers targeting the mid-$490s who will value the home on condition and square footage
  • Buyers who want negotiating room and are comfortable with a longer time on market
  • Buyers willing to weigh a renovated home against one needing work at similar prices

Probably not for

  • Buyers who need on-site community amenities as part of the package
  • Buyers who want a fast, competitive purchase with quick resale liquidity
  • Buyers who need deep recent-sales data to feel confident on value

Windows contain 0 to 3 sales each (3 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 2005 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
012320122014201620182020202220242026
0 to 3 a year; 3 in the current window.
How much local inventory is already under contract

26% 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 (2026-09-20).

If we were buying in S Merritt Estates Pineland 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 S Merritt Estates Pineland.

Best Buy
Buyers who want a Merritt Island house and will underwrite condition carefully.
Biggest Risk
Thin recent sales make pricing and appraisals harder to pin down.
Sweet Spot
A well-maintained home priced honestly around the $490,000 median.
Avoid If
You need shared amenities or a fast, competitive resale.

A condition-driven market

With no amenities to standardize value, the price you see reflects the physical house — updates, roof and systems age, lot, and size. At a median near $202 per square foot, two homes at similar prices can be very different buys, so the inspection and the comps do the heavy lifting here.

Closing activity is thin, with only three closings in the window measured. Limited recent sales make appraisals and pricing more of an interpretation than a formula, and a 77-day median means the clock rewards buyers who can wait and sellers who price to the market from day one.

“

The location and the amenities are priced into every listing in S Merritt Estates Pineland. 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 sales data and a condition-driven price make this a market where local read matters. We walk each home against the few relevant comps, flag where deferred maintenance is hiding in the asking price, and set expectations around a market that moves at a deliberate pace rather than overnight.

S Merritt Estates Pineland in 15 seconds.

Best forBuyers who want a Merritt Island house and will underwrite condition carefully.
Biggest advantageA slower pace gives buyers time to inspect and negotiate.
Biggest riskThin recent sales make pricing and appraisals harder to pin down.
Sweet spotA well-maintained home priced honestly around the $490,000 median.
Avoid ifYou need shared amenities or a fast, competitive resale.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the S Merritt Estates Pineland homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in S Merritt Estates Pineland.
In short
  • 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.

The takeaway

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

What is your S Merritt Estates Pineland home worth?

Get a no-obligation home value based on real comparable sales in S Merritt Estates Pineland, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in S Merritt Estates Pineland?
The median sale price in S Merritt Estates Pineland was $490K over the 12 months ending September 20, 2026 (3 closed sales, Space Coast MLS).
How long do homes in S Merritt Estates Pineland take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 77 days on market (3 sales, Space Coast MLS).
How many homes are in S Merritt Estates Pineland?
The Florida DOR 2025 assessment roll shows 44 homes in S Merritt Estates Pineland (public records).
What share of S Merritt Estates Pineland is owner-occupied?
80% of S Merritt Estates Pineland parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in S Merritt Estates Pineland built?
Homes in S Merritt Estates Pineland were built between 1961 and 1980, with a median year built of 1964.0 (FL DOR 2025 roll).
Who is the best real estate agent for S Merritt Estates Pineland?
The best agent for S Merritt Estates Pineland 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 S Merritt Estates Pineland.
How do I find a top Merritt Island real estate agent who knows S Merritt Estates Pineland?
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 S Merritt Estates Pineland and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for S Merritt Estates Pineland?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your S Merritt Estates Pineland purchase or sale - no call center and no pressure.
Where is S Merritt Estates Pineland, and what county is it in?
S Merritt Estates Pineland is in Merritt Island, Brevard County, FL, ZIP 32952. The community's center is about 2 miles south of the center of Merritt Island (straight-line).
Buyers targeting the mid-$490s who will value the home on condition and square footageExcellent fit
Buyers who want negotiating room and are comfortable with a longer time on marketExcellent fit
Buyers willing to weigh a renovated home against one needing work at similar pricesExcellent fit
Buyers who need on-site community amenities as part of the packageProbably not
Buyers who want a fast, competitive purchase with quick resale liquidityProbably not
Buyers who need deep recent-sales data to feel confident on valueProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32952))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2005 (22 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.

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CallFree valuation →
Thinking of selling in S Merritt Estates Pineland 2Nd Sec? 3 recorded closings; median 77 days on market (window ending 2026-09-20). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near S Merritt Estates Pineland with Momentum Realty’s local guides.

SMS Merritt Estates Pineland0.0 mi away · median $618K, 4 sales/12 moSMS Merritt Estates Plantation0.3 mi away · 50 homes, built 1961–84S Merritt Estates 1St Grove0.3 mi away · median $470K, 3 sales/12 moSMS Merritt Estates Lake0.3 mi awayHidden Hollow0.3 mi away · 26 homes, built 1987–00Watermill0.3 mi away · 93 homes, built 1989–93South Tropical Estates0.4 mi away · 26 homes, built 1973–88RGRiver Grove On The Trail0.4 mi away · median $631K, 9 sales/12 mo

Browse all neighborhood guides →

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