Summer Place
Condos for Sale in Merritt Island, FL

Summer Place Condominium market snapshot (as of September 20, 2026): the median sale price is about $168K ($162 per sq ft over the trailing 12 months of closed sales), a median 20 days on market for closed sales, and 9.0 months of supply, a buyer-leaning market. The trailing-12-month median is up 4% from the prior 12 months and up 319% since 2012, computed from record-level Space Coast MLS closed sales (8 closings in the current window).

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.

Space Coast MLS sales records identify 74 homes in Summer Place Condominium that have changed hands since 2005, built between 1988 and 1988 (median 1988), with a median living area of about 1,037 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Summer Place is an entry-priced condominium community on Merritt Island where the value equation rests on the individual unit rather than shared amenities. Recent activity is thin — nine closings in the window — so each sale carries real weight in setting the next comp.

• Carroll · Elementary
• Jefferson · Middle
• Merritt Island · High

Zoned schools reflect the assignments reported on recent Summer Place Condominium 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 Summer Place Condominium address.

With no community amenities pulled from current listings, there is no clubhouse or pool premium propping up values — what you pay tracks the unit you buy. That makes condition the lever. An updated interior can justify the top of the range while a dated one trades below the median, and the $154 per square foot figure is a midpoint, not a floor or a ceiling.

The thin closing count — nine in the measured window — means comps are limited and any single sale moves the read. A 14-day median tells you the priced-right units clear fast, but the 9.3% year-over-year decline says the ceiling has come down from the prior peak. Longer-horizon owners have seen the market climb 276% since 2012, useful context for anyone weighing this as a hold rather than a quick flip.

In a low-volume condo market, the comps do the talking and there aren't many of them — nine closings in the window means one mispriced listing can distort the whole picture. We read the units individually, weigh condition against the median, and price to what is actually clearing in 14 days rather than to a number that stalled. That discipline matters more here than in a deep, active market.

Listings in this community report association dues of about $265 per month ($3,180 a year) — the median AssociationFee across 211 MLS records, normalised to a monthly figure; most are billed monthly. 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.