Sunset Lakes
Homes for Sale in Merritt Island, FL
All 207 homes for sale in Merritt Island, FL · median $475,000 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Sunset Lakes Phase 1-B is a community in Merritt Island, Brevard County, FL. Across Merritt Island as a whole, 109 homes closed in the last 12 months at a median of $450,000, 52 median days on market, with 217 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,020 ($6,400 with the full homestead exemption).
Part of Sunset Lakes, Merritt Island, FL — see all Sunset Lakes homes for sale (0 listings across 5 sections in the MLS).
Sunset Lakes Phase 1-B is a small, defined section of Merritt Island with very thin current data — we have a single closing in the most recent window to work from. That means there is no reliable median or trend to lean on, and anyone quoting a precise price here is guessing. Pricing in a pocket this small is driven by the individual home: condition, updates, lot, and how it stacks against the broader Merritt Island inventory buyers are also shopping.
For a buyer, the posture is patience and homework — with so little turnover, you are often negotiating one-on-one against a single seller's motivation rather than against a crowded comp set. For a seller, the flip side is leverage when inventory is scarce, but you still have to price to the wider Merritt Island market because a buyer will always compare you to what else is available nearby.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Sunset Lakes Phase 1-B right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Sunset Lakes Phase 1-B is a small residential phase within Merritt Island in Brevard County; with limited recent MLS activity, it trades as an individual-home market rather than a high-volume one.
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.
Who Sunset Lakes is best for.
Best for
- Buyers who can judge a home on its own condition and lot rather than on a long sales history
- Purchasers seeking a Merritt Island location and willing to negotiate directly with a single seller
- Long-hold buyers who value scarcity and low turnover over an active resale scene
Probably not for
- Shoppers who want a rich set of recent comps before committing to a number
- Buyers whose budget depends on amenities, since none were identified here
- Anyone needing to buy or sell quickly in a high-volume, fast-moving market
The market around Sunset Lakes
Sunset Lakes is too small for its own price trend, so here is the market around it.
Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).
ZIP and county figures describe the wider market, not Sunset Lakes specifically. Momentum Research analysis of MLS records.
The Sunset Lakes buying strategy.
If we were buying in Sunset Lakes 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 Sunset Lakes.
A low-turnover pocket
The defining feature here is scarcity of data. A single recent closing tells you activity is limited, which cuts both ways: it can protect value in a quiet market, but it also makes any one sale disproportionately important to how the next home is priced. Expect to build your read from the specific property in front of you and from comparable Merritt Island listings, not from a deep internal sales history.
No community amenities were identified from current MLS listings, so the value proposition rests on the homes themselves and on Merritt Island's location within Brevard County rather than on shared facilities. If amenities matter to you, confirm what exists on the ground before assuming — the listing data does not carry that story here.
The location and the amenities are priced into every listing in Sunset Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Thin-data markets are where local reads earn their keep. We track Merritt Island block by block, so when a single closing has to stand in for a whole phase, we can put it in context against the wider Brevard inventory instead of treating one number as gospel. Whether you are buying or selling, we will tell you straight when the data supports a move and when it does not.
Sunset Lakes in 15 seconds.
Tools for a Sunset Lakes 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 Sunset Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Sunset Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Sunset Lakes home worth?
Get a no-obligation home value based on real comparable sales in Sunset Lakes, 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 →
Should you buy in Sunset Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
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. A Momentum agent can price yours against live local 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.
See how Sunset Lakes Phase 1-B fits the bigger picture — live prices, inventory, and Momentum Scores: