South Tropical Estates Merritt Island in Merritt Island

South Tropical Estates Merritt Island
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
26 homesBuilt 1973–1988
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True comps, carrying-cost math, and listings before the portals.

Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · South Tropical Estates Merritt Island Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
100%
Under contract
Brevard: 28% (1,397 of 4,982)
0 · 1
For sale · pending
live counts, refreshed twice daily
Ownership and context
77%
Owner-occupied · South Tropical Estates Merritt Island
20 of 26 parcels homesteaded (FL DOR 2025)
23%
Non-owner-occupied · South Tropical Estates Merritt Island
incl. 12% trust or LLC-held · 4% out-of-state
26
Homes in the community
26 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1973
Community established
homes built 1973-1988, median 1978 (FL DOR 2025)

The market around South Tropical Estates Merritt Island

South Tropical Estates Merritt Island 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 Estates Merritt Island specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in South Tropical Estates Merritt Island

Live MLS inventory for South Tropical Estates Merritt Island. 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.

Active and pending South Tropical Estates Merritt Island listings as of 2026-07-14, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Tropical · Elementary
  • Jefferson · Middle
  • Merritt Island · High

Zoned schools reflect the assignments reported on recent South Tropical Estates Merritt Island listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any South Tropical Estates Merritt Island address.

If we were buying in South Tropical Estates Merritt Island 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 South Tropical Estates Merritt Island.

A closer look at the South Tropical Estates Merritt Island market

The housing stock is 26 homes built between 1973 and 1988, and 77% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in South Tropical Estates Merritt Island. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

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 South Tropical Estates Merritt Island sales matched to your home.

What is your South Tropical Estates Merritt Island home worth?

Get a no-obligation home value based on real comparable sales in South Tropical Estates Merritt Island, 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 South Tropical Estates Merritt Island on the map →

Real comps, not an automated estimate.

South Tropical Estates Market Scorecard

Buyer-Leaning Market (limited data)

South Tropical Estates is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/1/0
Active/Pend/Sold

Typical home value in the 32952 ZIP is $438,601, about 10.9% 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 2026-07-14. 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 Estates Merritt Island?
The Florida DOR 2025 assessment roll shows 26 homes in South Tropical Estates Merritt Island (public records).
What share of South Tropical Estates Merritt Island is owner-occupied?
77% of South Tropical Estates Merritt Island parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in South Tropical Estates Merritt Island built?
Homes in South Tropical Estates Merritt Island were built between 1973 and 1988, with a median year built of 1978 (FL DOR 2025 roll).
Who is the best real estate agent for South Tropical Estates Merritt Island?
The best agent for South Tropical Estates Merritt Island 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 South Tropical Estates Merritt Island.
How do I find a top Merritt Island real estate agent who knows South Tropical Estates Merritt Island?
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 South Tropical Estates Merritt Island and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for South Tropical Estates Merritt Island?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your South Tropical Estates Merritt Island purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near South Tropical Estates Merritt Island with Momentum Realty’s local guides.

Watermill Merritt IslandMerritt Island, FL · 1.0 miBRBanana River Drive Subd Merritt IslandMerritt Island, FL · 1.2 miSMS Merritt Estates 1St Grove Sec Merritt IslandMerritt Island, FL · 1.3 miSouth Tropical Cove Merritt IslandMerritt Island, FL · 1.4 miISIroquois South Merritt IslandMerritt Island, FL · 1.5 miPWPiney Woods Merritt IslandMerritt Island, FL · 1.5 miGRGeorgiana Reserve Merritt IslandMerritt Island, FL · 1.5 miHPHarbor Pines Merritt IslandMerritt Island, FL · 1.5 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace 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 your area comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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