Still Waters
Homes for Sale in Merritt Island, FL

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

Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · Still Waters Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Still Waters is a small pocket of Merritt Island, and the data we have to work with is thin — a single closing in the current window and no amenities surfacing from the active MLS listings. That means price here is driven by the individual home: its condition, its lot, and how it shows against whatever else is available on the day it lists, not by any community premium or shared feature set.

With this little recent transaction volume, neither side should lean on comps alone. Sellers need to price to the specific house and be ready to defend it; buyers should treat every listing as its own negotiation rather than assuming a going rate. A market this quiet rewards patience and punishes assumptions in either direction.

Best for

  • Buyers who want a low-key Merritt Island address and will judge a house on its condition and lot
  • Value-minded buyers willing to take on a project home where the discount lives in the work needed
  • Sellers with an updated property who can price to specifics and are patient with a slower pace

Probably not for

  • Buyers who want community amenities like a pool, gate, or clubhouse baked into the purchase
  • Anyone who needs a deep bench of recent comparable sales before committing
  • Sellers expecting fast, high-volume demand to set the price for them

The market around Still Waters

Still Waters 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 Still Waters specifically. Momentum Research analysis of MLS records.

If we were buying in Still Waters 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 Still Waters.

Best Buy
Buyers and sellers comfortable evaluating a home on its own merits rather than a community track record.
Biggest Risk
Thin sales data makes pricing and appraisals harder to anchor.
Sweet Spot
A well-maintained or updated home priced honestly to its condition.
Avoid If
You need active comps and predictable, high-volume turnover to feel confident.

Reading a thin market

The honest limitation here is data. With only one closing in the window we're looking at and no amenities identified from current listings, there is no broad trend line to trace and no shared feature — a pool, a gate, a clubhouse — pulling values in a common direction. What sells and for how much comes down to the specific property.

That puts condition front and center. In a community without amenity-driven pricing, updates, roof and systems age, lot position, and overall presentation carry the weight. Expect a wide spread between an updated home and one that needs work, and expect appraisals and negotiations to hinge on those particulars rather than on a neighborhood 'number.'

The location and the amenities are priced into every listing in Still Waters. 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-data neighborhoods are exactly where local judgment beats a spreadsheet. We work Merritt Island and Brevard closely enough to price a Still Waters home on its own merits, pull the most relevant comparables from beyond the immediate street when the community record is sparse, and tell you plainly when a listing is priced on hope instead of evidence.

Still Waters in 15 seconds.

Best forBuyers and sellers comfortable evaluating a home on its own merits rather than a community track record.
Biggest advantageA quiet Merritt Island pocket where price is condition-driven, not inflated by amenity fees.
Biggest riskThin sales data makes pricing and appraisals harder to anchor.
Sweet spotA well-maintained or updated home priced honestly to its condition.
Avoid ifYou need active comps and predictable, high-volume turnover to feel confident.

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 Still Waters sales matched to your home.

What is your Still Waters home worth?

Get a no-obligation home value based on real comparable sales in Still Waters, 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 Still Waters on the map →

Real comps, not an automated estimate.
Buyers who want a low-key Merritt Island address and will judge a house on its condition and lotExcellent fit
Value-minded buyers willing to take on a project home where the discount lives in the work neededExcellent fit
Sellers with an updated property who can price to specifics and are patient with a slower paceExcellent fit
Buyers who want community amenities like a pool, gate, or clubhouse baked into the purchaseProbably not
Anyone who needs a deep bench of recent comparable sales before committingProbably not
Sellers expecting fast, high-volume demand to set the price for themProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (17 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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