Sunset Lakes
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
Over the 12 months ending 2026-07-15, 4 recorded sales closed at a median of $412,500, $264 per square foot, a median 14 days on market, sellers accepting 94% of original asking (-11% versus the prior year). Homes listed or recently sold were built 1994 - 2002; 10 of 10 report an HOA (median $96/mo); none of the 10 geocoded homes sit in a FEMA special flood hazard zone (median elevation 10 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,440 ($5,810 with the full homestead exemption).
Part of Sunset Lakes, Merritt Island, FL — see all Sunset Lakes homes for sale (0 listings across 6 sections in the MLS).
Sunset Lakes right now
🔴 Off the recent peak. The trailing-12-month median ($412K) is down 10.8% from the prior 12 months ($462K) and up 195% since 2012. With about 2 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 July 15. Confidence: Low (4 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 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
Sunset Lakes market snapshot (as of July 15, 2026): the median sale price is about $412K ($264 per sq ft over the trailing 12 months of closed sales), and a median 14 days on market for closed sales. The trailing-12-month median is down 11% from the prior 12 months and up 195% since 2012, computed from record-level Space Coast MLS closed sales (4 closings in the current window).
The setting & the homes.
Aerial and on-site photos of Sunset Lakes. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Sunset LakesPhotos from Space Coast MLS listings in Sunset Lakes; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($412K) IS the median in the snapshot above, and the move from 2025 ($462K) IS the -10.8% one-year change.
Windows contain 0 to 5 sales each (4 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 %s through %s. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Sunset Lakes Market Scorecard
Sunset Lakes is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32953 ZIP is $426,993, right around 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 2026-09-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Sunset Lakes 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.
Life at Sunset Lakes
- Playground · reported on 12 of 13 listings
- Tennis Court(s) · reported on 12 of 13 listings
- Basketball Court · reported on 11 of 13 listings
- Park · reported on 10 of 13 listings
- Gated · reported on 9 of 13 listings
- Maintenance Grounds · reported on 8 of 13 listings
- Security Gate · reported on 7 of 13 listings
- Jogging Path · reported on 7 of 13 listings
- Management - Off Site · reported on 5 of 13 listings
- Boat Dock · reported on 4 of 13 listings
- Management - Full Time · reported on 4 of 13 listings
- Gated with Guard · reported on 2 of 13 listings
Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
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 closer look at the Sunset Lakes market
At a median of $264 per square foot, Sunset Lakes prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The trailing-12-month median down 11% year over year. Homes that do trade take a median 14 days on market, useful leverage on any listing that has lingered.
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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Sunset Lakes 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 3 factors (6.5). Basis: Long-Term Appreciation +195% since 2012; Recent Direction -10.8% year-over-year; Pricing Power 94.3% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
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 →
Frequently Asked Questions
What is the median home price in Sunset Lakes?
How long do homes in Sunset Lakes take to sell?
Have Sunset Lakes home prices gone up?
Who is the best real estate agent for Sunset Lakes?
How do I find a top Merritt Island real estate agent who knows Sunset Lakes?
Can Momentum Realty connect me with an agent for Sunset Lakes?
Nearby Communities
Explore more neighborhoods near Sunset Lakes with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (54 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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See how Sunset Lakes fits the bigger picture — live prices, inventory, and Momentum Scores: