Sunset Lakes
Homes for Sale in Merritt Island, FL
All 209 homes for sale in Merritt Island, FL · median $525,000 · 101 homes for sale in 32953 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 18 closed sales in Sunset Lakes Phase Iv-B in Merritt Island, FL since 2012, the most recent in September 2025. Across Merritt Island as a whole, 263 homes closed in the last 12 months at a median of $440,000, 48 median days on market, with 66 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,870 ($6,240 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).
| Location | Merritt Island, Brevard County, FL · ZIP 32953 |
|---|---|
| Homes in the community | 84 (FL DOR 2025 assessment roll) |
| Years built | 1995–2004 (median 1999.0) |
| Typical living area | 3,468 sq ft (median) |
| Owner-occupied (homestead) share | 77% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2012 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Sunset Lakes Phase Iv-B key facts,” movewithmomentum.com/neighborhoods/sunset-lakes-phase-iv-b, data as of September 20, 2026.
Sunset Lakes Phase IV-B is a small, defined pocket within Merritt Island, and with only a single closing in the most recent window, it trades thin. When inventory is this limited, the last sale tells you more about the specific house — its condition, its updates, its lot — than about any broad trend. Price here is condition-driven, and the spread between a dated home and a renovated one can be wide.
For a buyer, that means patience: the right listing may not surface often, and when it does, you are competing on a very short list of comparables. For a seller, it means your pricing case rests on presentation and on how you position against the handful of relevant sales nearby, not on a deep run of data. Either way, this is a market where getting the individual property right matters far more than reading a chart.
Nearby homes for sale
No active listings inside Sunset Lakes Phase Iv-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
This is a defined residential enclave in Merritt Island, part of the wider Brevard County market on Florida's Space Coast. No shared community amenities show up in current MLS listings, so what you are buying is the individual home and its location, not an amenity package.
Space Coast MLS sales records identify 157 homes in Sunset Lakes that have changed hands since 2004, built between 1993 and 2004 (median 2000), with a median living area of about 2,217 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. 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.
County records show 7 qualified sales in Sunset Lakes across 2024–2025 (3 in 2024, 4 in 2025), median $555,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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 set on Merritt Island who value patience and are willing to wait for the right listing
- Owner-occupants who prefer a simple carrying cost with no community amenity dues
- Buyers focused on the individual home's condition and lot rather than a shared amenity package
Probably not for
- Buyers who want a pool, gate, or clubhouse built into the community
- Buyers on a tight timeline who need steady inventory and deep comparable data
- Investors expecting frequent turnover and a high volume of comparable sales
The market around Sunset Lakes
Sunset Lakes is too small for its own price trend, so here is the market around it.
In ZIP 32953, 143 homes are on the market and 28% are under contract — a steady corner of Merritt Island.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32953 (Merritt Island), 243 homes closed in the last 12 months at a median of $435K ($251/sq ft), down 9.8% year over year, with a median 40 days on market. Right now 42 active and 11 pending listings put supply at about 4.1 months — a balanced market. See the live ZIP 32953 housing market and the Brevard County market.
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 thin-trading pocket
With just one closing in the current window, Sunset Lakes Phase IV-B is a low-turnover neighborhood, and low turnover cuts both ways. It can mean owners tend to stay, which limits supply, but it also means anyone shopping here should be ready to wait for the right home and to lean on their agent for context the raw numbers can't provide.
No community amenities were identified from current MLS listings — no shared pool, gate, or clubhouse on record here. That keeps carrying costs simpler and puts the emphasis squarely on the house itself: its updates, its lot, and its position within Merritt Island's broader access to the water and the surrounding Brevard County corridors.
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
In a thin market like this, comps are scarce and each one carries weight. We do the manual work of reading a single sale in context — condition, updates, lot, timing — instead of leaning on formulas that break down when the sample is small. Whether you're buying and waiting for the right listing or selling and needing to justify your number, that hands-on read is what protects your position.
Sunset Lakes in 15 seconds.
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
How many homes are in Sunset Lakes?
What share of Sunset Lakes is owner-occupied?
When were the homes in Sunset Lakes built?
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?
Where is Sunset Lakes, and what county is it in?
Should you buy in Sunset Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32953)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (18 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 Phase Iv-B fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Sunset Lakes with Momentum Realty’s local guides.