Tropical Cove
Condos for Sale in Merritt Island, FL

All 221 homes for sale in Merritt Island, FL · median $499,900 · 37 condos for sale in Merritt Island · 100 homes for sale in 32953 · Brevard County homes for sale

Community in Merritt Island · Brevard County · ZIP 32953
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Built fromLive Space Coast MLS data11 years of closingsUpdated twice daily

As of October 2026, the MLS records 9 closed sales in Tropical Cove Condo Ph Vii in Merritt Island, FL since 2015, the most recent in October 2022. 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).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Tropical Cove Condo Ph VII is a small condo phase in Merritt Island, and the honest starting point is that there's very little live data to read. There were no closings in the current window, and the current MLS listings don't identify community amenities. That means price here will be set unit by unit — condition, interior updates, floor level, and how a given seller prices against the broader Merritt Island condo market — rather than by any headline number this phase generates on its own.

For a buyer, thin activity cuts both ways: less competition on any single unit, but also fewer recent comparables to anchor an offer, so pricing discipline matters. For a seller, the same thinness means the market will judge your unit against Merritt Island condos generally, and condition is likely to do the heavy lifting. In a quiet phase like this, patience and accurate pricing beat optimism.

Nearby homes for sale

No active listings inside Tropical CoveCondos for Sale in Merritt Island, FL 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.

2464 Hemingway Lane #101
$329K · 0.1 mi away
3 bd · 2.5 ba · 1,906 sqft
2464 Hemingway Lane #101
Listed by Blue Marlin Real Estate
265 Spring Drive #3
$175K · 0.1 mi away
2 bd · 2 ba · 1,037 sqft
265 Spring Drive #3
Listed by RE/MAX Aerospace Realty
275 Spring Drive #4
$175K · 0.1 mi away
2 bd · 2 ba · 1,037 sqft
275 Spring Drive #4
Listed by Coastal Life Properties LLC
240 Spring Drive #8
$169K · 0.1 mi away
2 bd · 2 ba · 1,037 sqft
240 Spring Drive #8
Listed by RE/MAX Elite
240 Spring Drive #5
$175K · 0.1 mi away
2 bd · 2 ba · 1,037 sqft
240 Spring Drive #5
Listed by aReal Estate Service Team
101 Summer Place #1
$168K · 0.1 mi away
2 bd · 2 ba · 1,037 sqft
101 Summer Place #1
Listed by Tropical Realty & Inv. of Brev

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Tropical Cove Condo Ph VII is a compact condominium phase on Merritt Island in Brevard County, best understood as part of the wider local condo market rather than as a standalone, amenity-driven community.

Space Coast MLS sales records identify 35 homes in Tropical Cove Condo that have changed hands since 2009, built between 2005 and 2007 (median 2005), with a median living area of about 1,924 sq ft and a typical 3-bedroom, 2.5-bath layout; 69% 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.

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.

Best for

  • Buyers targeting a central Merritt Island location who value position over shared facilities
  • Value-focused buyers willing to scrutinize HOA reserves and assessments before offering
  • Buyers comfortable pricing off the broader condo market rather than local comps

Probably not for

  • Buyers who want a resort-style amenity package on site
  • Buyers who need a deep set of recent closings to feel confident on price
  • Buyers wanting a quick, competition-driven flip out of a hot resale segment

The market around Tropical Cove Condo

Tropical Cove Condo 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 Tropical Cove Condo specifically. Momentum Research analysis of MLS records.

If we were buying in Tropical Cove Condo today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Tropical Cove Condo.

Best Buy
Buyers who want a central Merritt Island condo and will do their own diligence.
Biggest Risk
Thin comparables and no closings make pricing harder to anchor.
Sweet Spot
A well-kept unit backed by clean HOA financials.
Avoid If
You need amenities or a busy, data-rich resale market.

A thin-data condo phase

What you won't find in the current snapshot is a track record to lean on: no closings in the window and no community amenities identified from current listings. That doesn't make it a bad buy — it makes it a buy where you do your own homework. The condo association, monthly fees, reserves, and any pending assessments are the documents that matter most here, and they'll tell you more than any list price will.

Location is the durable asset. Merritt Island sits central to Brevard's Space Coast, with the causeways, the river, and the beaches all within reach. If this phase suits you, it will be because a specific unit and its HOA financials check out — not because of shared facilities the listings don't show.

“

The location and the amenities are priced into every listing in Tropical Cove Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a phase with no recent closings and no advertised amenities, the value we add is groundwork: pulling the association documents, reading the reserves and any assessments, and pricing your unit against the broader Merritt Island condo market instead of a nonexistent local comp set. We'll tell you plainly when a unit's condition or the HOA picture doesn't support the ask.

Tropical Cove Condo in 15 seconds.

Best forBuyers who want a central Merritt Island condo and will do their own diligence.
Biggest advantageLow competition on any single unit in a quiet phase.
Biggest riskThin comparables and no closings make pricing harder to anchor.
Sweet spotA well-kept unit backed by clean HOA financials.
Avoid ifYou need amenities or a busy, data-rich resale market.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Tropical Cove Condos for Sale in Merritt Island, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Tropical Cove Condos for Sale in Merritt Island, FL.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Tropical Cove Condo sales matched to your home.

What is your Tropical Cove Condo home worth?

Get a no-obligation home value based on real comparable sales in Tropical Cove Condo, 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 →

Real comps, not an automated estimate.
Buyers targeting a central Merritt Island location who value position over shared facilitiesExcellent fit
Value-focused buyers willing to scrutinize HOA reserves and assessments before offeringExcellent fit
Buyers comfortable pricing off the broader condo market rather than local compsExcellent fit
Buyers who want a resort-style amenity package on siteProbably not
Buyers who need a deep set of recent closings to feel confident on priceProbably not
Buyers wanting a quick, competition-driven flip out of a hot resale segmentProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (9 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.

Looking to buy here? Search homes for sale →

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Common questions about Tropical Cove

Where is Tropical Cove?

Tropical Cove is a community in Merritt Island, Brevard County, Florida, ZIP 32953.

Are there homes for sale in Tropical Cove right now?

No active listings inside Tropical Cove at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Tropical Cove have an HOA or CDD?

No HOA is on record for Tropical Cove in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Thinking of selling in Tropical Cove Condo Ph Vii? See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Tropical Cove with Momentum Realty’s local guides.

SPSummer Place Condominium0.1 mi away · median $168K, 8 sales/12 moSVSunrise Villas Townhomes0.1 mi away · 258 homes, built 1901–24Villas At Indian River The0.2 mi away · 4 homesPWPioneer W Condo0.3 mi awayCCCape Crossing0.4 mi away · median $390K, 5 sales/12 moIndian River Village0.4 mi away · 175 homes, built 1979–04, 1 for saleHGHidden Grove Condo0.4 mi awayIVIsland Village Condo No D0.4 mi away

Browse all neighborhood guides →

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