South Tropical Cove
Homes for Sale in Merritt Island, FL
All 221 homes for sale in Merritt Island, FL · median $499,900 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, South Tropical Cove in Merritt Island, FL has 1 home for sale. South Tropical Cove is a community in Merritt Island, Brevard County, FL. Across Merritt Island as a whole, 263 homes closed in the last 12 months at a median of $440,000, 48 median days on market, with 66 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,870 ($6,240 with the full homestead exemption).
| Location | Merritt Island, Brevard County, FL |
|---|---|
| Homes in the community | 24 (FL DOR 2025 assessment roll) |
| Years built | 1990–2001 (median 1994) |
| Typical living area | 3,158 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $560,000 |
| Owner-occupied (homestead) share | 92% |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “South Tropical Cove key facts,” movewithmomentum.com/neighborhoods/south-tropical-cove-merritt-island, data as of July 15, 2026.
Last 30 days in South Tropical Cove: 1 closed sale (median $520,000). As of October 2, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
South Tropical Cove is a small, tightly held pocket on Merritt Island - 24 homes, all built between 1990 and 2001, with a median living area north of 3,100 square feet. Price here is driven by the house itself, not by a menu of shared amenities: there are none identified from current listings. Square footage, condition, updates, and lot position do the work. Because the homes came up in a fairly compact window, you're comparing similar-vintage floor plans against each other, and the spread comes down to how well each one has been kept and modernized.
The posture right now is thin and owner-heavy. About 92% of these homes carry a homestead exemption, so turnover is low and inventory is scarce - there's a single active listing as of mid-2026. For a seller, that scarcity is leverage: a well-prepared, updated home has little direct competition. For a buyer, patience is the price of entry. You may wait for the right home to surface, and when it does, condition will tell you far more than the address about what it should cost.
The 60-Second Overview
South Tropical Cove is a small enclave of roughly two dozen larger homes on Merritt Island, built in the 1990s and held long-term by their owners. It trades rarely, so the market here is defined more by what comes available than by any steady flow of listings.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of South Tropical Cove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
South Tropical Cove
South Tropical CovePhotos from Space Coast MLS listings in South Tropical Cove; content deemed reliable but not guaranteed.
Who South Tropical Cove is best for.
Best for
- Buyers seeking a larger, single-era home and willing to wait for the right listing
- Long-hold owners who value a low-turnover, stable street over a high-activity market
- Buyers ready to underwrite on condition and updates rather than shared amenities
Probably not for
- Buyers on a tight timeline who need to close soon
- Anyone wanting amenity-rich community features like a pool or clubhouse
- Buyers who want several comparable options to negotiate between at once
The market around South Tropical Cove
South Tropical Cove 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 South Tropical Cove specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in South Tropical Cove, Merritt Island
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
The South Tropical Cove buying strategy.
If we were buying in South Tropical Cove today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 South Tropical Cove.
A low-turnover pocket of larger homes
The defining traits are size and stability. With a median living area of about 3,158 square feet and a construction window of 1990 to 2001, this is a community of substantial homes of a consistent era. That consistency matters: buyers are largely weighing comparable-size houses, and the deciding factors become updates, systems, and finishes rather than raw scale.
Expect a wide, condition-driven price spread rather than a tidy tier. Two homes of similar footprint can sit far apart in value depending on whether kitchens, baths, roofs, and mechanicals have been addressed. With no shared amenities in play, there's no HOA-amenity premium propping up the numbers - you are buying the house and the lot, and pricing should be read that way.
The location and the amenities are priced into every listing in South Tropical Cove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 24-home community with one active listing, the comps are few and the details decide everything. We track what actually trades here and can tell you whether an asking price reflects genuine condition or just optimism - and if you're selling, how to position a well-kept home against the thin competition without overreaching.
South Tropical Cove in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $33/month (about $396/yr) · median of 14 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $33 per month ($396 a year) - the median AssociationFee across 14 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a South Tropical Cove buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed South Tropical Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in South Tropical Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your South Tropical Cove home worth?
Get a no-obligation home value based on real comparable sales in South Tropical Cove, 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 all homes for sale in Merritt Island →
Recently off market in South Tropical Cove
Homes in South Tropical Cove that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 1260 Tropical Cove Drive · off market
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
South Tropical Cove Market Scorecard
South Tropical Cove is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32952 ZIP is $439,399, about 10.3% below 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 2026-10-02. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in South Tropical Cove?
What share of South Tropical Cove is owner-occupied?
When were the homes in South Tropical Cove built?
Who is the best real estate agent for South Tropical Cove?
How do I find a top Merritt Island real estate agent who knows South Tropical Cove?
Can Momentum Realty connect me with an agent for South Tropical Cove?
Where is South Tropical Cove, and what county is it in?
Should you buy in South Tropical Cove?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
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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See how South Tropical Cove fits the bigger picture — live prices, inventory, and Momentum Scores:
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