S Merritt Estates Pineland 2Nd Sec
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
Median sale $490K
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Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · S Merritt Estates Pineland 2Nd Sec Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · 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
Brevard median: 96.2%
Tempo
77days
Median DOM · closed
17 days at the 2020 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Track record · 21 years of records
2,587sqft
Median sold home size
12-mo windows, closed sales
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.

The 60-Second Overview

S Merritt Estates Pineland 2Nd Sec market snapshot (as of July 15, 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.

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 %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
012320122014201620182020202220242026
0 to 3 a year; 3 in the current window.

If we were buying in S Merritt Estates Pineland 2Nd Sec 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 2Nd Sec.

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 2Nd Sec. 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 2Nd Sec 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

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 S Merritt Estates Pineland 2Nd Sec sales matched to your home.

What is your S Merritt Estates Pineland 2Nd Sec home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in S Merritt Estates Pineland 2Nd Sec?
The median sale price in S Merritt Estates Pineland 2Nd Sec was $490K over the 12 months ending July 15, 2026 (3 closed sales, Space Coast MLS).
How long do homes in S Merritt Estates Pineland 2Nd Sec take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 77 days on market (3 sales, Space Coast MLS).
Who is the best real estate agent for S Merritt Estates Pineland 2Nd Sec?
The best agent for S Merritt Estates Pineland 2Nd Sec 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 2Nd Sec.
How do I find a top Merritt Island real estate agent who knows S Merritt Estates Pineland 2Nd Sec?
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 S Merritt Estates Pineland 2Nd Sec and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for S Merritt Estates Pineland 2Nd Sec?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your S Merritt Estates Pineland 2Nd Sec purchase or sale - no call center and no pressure.
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 July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
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 your area comps.

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