Summer Place
Condos for Sale in Merritt Island, FL
All 215 homes for sale in Merritt Island, FL · median $510,000 · 36 condos for sale in Merritt Island · 115 homes for sale in 32952 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Space Coast MLS
As of September 2026, Summer Place Condominium in Merritt Island, FL has 5 homes for sale and 1 pending, asking from $168,000 to $179,000 (median $174,900). Over the 12 months ending 2026-09-20, 8 recorded sales closed at a median of $167,500, $162 per square foot, a median 19 days on market, sellers accepting 95% of original asking (+4% versus the prior year). Homes listed or recently sold were built 1988–1988; 13 of 13 report an HOA (median $265/mo); none of the 13 geocoded homes sit in a FEMA special flood hazard zone (median elevation 9 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $2,610 ($1,990 with the full homestead exemption).
| Location | Merritt Island, Brevard County, FL · ZIP 32952, 32953 |
|---|---|
| Home types (current listings and sales) | condos 100% |
| Amenities listed by sellers | Playground, Basketball Court, Maintenance Grounds, Trash, Racquetball, Management - Full Time |
| Sale prices, last 12 months | $167,500 median across 8 closed sales · $162 per sq ft · +3.6% vs the prior 12 months |
| Days on market (closed sales) | 19 median |
| For sale right now | 6 active, 1 pending · median asking $174,950 · 9.0 months of supply |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Summer Place Condominium key facts,” movewithmomentum.com/neighborhoods/summer-place-condominium, data as of September 20, 2026.
Homes For Sale Right Now in Summer Place Condominium
Live MLS inventory for Summer Place Condominium. 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.
ActiveTop listing
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PendingActive and pending Summer Place Condominium listings as of 2026-09-26, priced high to low. Based on information from the Space Coast MLS for the period 2005 through 2026. Tap any home to ask about it.
Every Home for Sale in Summer Place Condominium Right Now (6)
All 6 active and pending Summer Place Condominium listings with a detail page, newest first, refreshed twice a day from the MLS.
- 240 Spring Drive #5 · $174,900 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by aReal Estate Service Team
- 275 Spring Drive #4 · $179,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by Coastal Life Properties LLC
- 265 Spring Drive #3 · $175,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by RE/MAX Aerospace Realty
- 240 Spring Drive #8 · $169,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by RE/MAX Elite
- 101 Summer Place #1 · $168,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by Tropical Realty & Inv. of Brev
- 235 Spring Drive #5 · $169,000 · 2 bd / 2 ba · pending · listed Jun 27, 2026 · listed by Ellingson Properties
At a median of $159,900 and roughly $154 per square foot, Summer Place is priced as a condo play rather than a lifestyle purchase. With no amenities identified from current MLS listings, price here is driven by the unit itself — condition, layout, and floor — not by shared features, so the spread between a tired unit and an updated one can be wide even inside one building.
The posture is a fast-but-softening market. Median days on market sits at 14, so well-priced units move quickly, but the year-over-year figure is down 9.3% and the heat score of 37 points to a market that has cooled off. Sellers should price to the current comps, not to last year's; buyers have some negotiating room but still need to move decisively on the sharp listings.
Summer Place Condominium right now
🟢 Buyer-leaning market. 9.0 months of supply and 14% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 20, 2026. Confidence: High (7 active and pending listings, 8 closed sales in 12 months).
🟡 Still climbing. The trailing-12-month median ($168K) is up 3.6% from the prior 12 months ($162K) and up 319% since 2012. With about 7 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending September 20. Confidence: Medium (8 and 7 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
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.
The setting & the homes.
Aerial and on-site photos of Summer Place Condominium. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Summer Place Condominium
Summer Place CondominiumPhotos from Space Coast MLS listings in Summer Place Condominium; content deemed reliable but not guaranteed.
Who Summer Place Condominium is best for.
Best for
- First purchase buyers looking for a low entry price around the mid-$150s
- Investors seeking a modest-cost unit where condition upgrades drive value
- Long-horizon owners comfortable holding through a softer year
Probably not for
- Buyers who want a clubhouse, pool, or other shared amenities on site
- Short-term flippers counting on quick appreciation off a market that's down year-over-year
- Anyone needing deep comp data to feel confident, given the thin closing volume
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($168K) IS the median in the snapshot above, and the move from 2025 ($162K) IS the +3.6% one-year change.
Windows contain 2 to 16 sales each (8 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 2005 through 2026. Deemed reliable but not guaranteed.
26% of homes for sale in ZIP 32953 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-26).
Summer Place Condominium Market Scorecard
Summer Place Condominium is currently a buyer-leaning market. About 9.0 months of supply, a median asking price of $174,950.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Summer Place Condominium on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- 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.
Shop the zone: Homes zoned for Merritt Island High School
The Summer Place Condominium buying strategy.
If we were buying in Summer Place Condominium 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Summer Place Condominium.
A condition-driven condo market
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.
The location and the amenities are priced into every listing in Summer Place Condominium. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Summer Place Condominium buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.1). Basis: Long-Term Appreciation +319% since 2012; Recent Direction +3.6% year-over-year; Liquidity & Demand 9.0 months of supply; Pricing Power 94.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
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.
Summer Place Condominium in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $265/month (about $3,180/yr) · median of 99 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $265 per month ($3,180 a year) — the median AssociationFee across 99 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, 2026-09.
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 Summer Place Condominium 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 Summer Place Condominium sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Summer Place Condominium, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Summer Place Condominium home worth?
Get a no-obligation home value based on real comparable sales in Summer Place Condominium, 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 Summer Place Condominium
Homes in Summer Place Condominium 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.
- 240 Spring Drive #2 · off market
Frequently Asked Questions
What is the median home price in Summer Place Condominium?
How long do homes in Summer Place Condominium take to sell?
Is Summer Place Condominium a buyer's or seller's market right now?
Have Summer Place Condominium home prices gone up?
Who is the best real estate agent for Summer Place Condominium?
How do I find a top Merritt Island real estate agent who knows Summer Place Condominium?
Can Momentum Realty connect me with an agent for Summer Place Condominium?
Where is Summer Place, and what county is it in?
Is Summer Place a good place to live?
Should you buy in Summer Place Condominium?
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: September 26, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (288 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 local comps.
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Summer Place Condominium fits the bigger picture — live prices, inventory, and Momentum Scores:
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Explore more neighborhoods near Summer Place with Momentum Realty’s local guides.