Two Oaks
Homes for Sale in Merritt Island, FL
All 210 homes for sale in Merritt Island, FL · median $494,950 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Two Oaks 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 225 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).
Price here is driven by size and condition more than by any list of comps. These are large homes - the median living area is over 3,500 square feet - built across a roughly two-decade window, so the spread between a dated original and an updated interior is wide. There is no active listing on the board right now, which means there is no current asking price to anchor to; the last transactions set the tone, and condition does most of the talking.
For a seller, zero active competition is leverage, but it cuts both ways: buyers have no in-community alternative to walk through, so they lean harder on inspection and finish quality. For a buyer, patience is the game. With only 26 homes and almost all of them held long-term, inventory surfaces rarely, and when a well-kept one does list, you decide quickly or wait an unknown stretch for the next.
Figures in this note are as of July 20, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Two Oaks is a small, established enclave of large homes on Merritt Island - 26 properties, most owner-occupied, with a boat dock among the shared amenities. It trades on scarcity: turnover is thin, so opportunities are episodic rather than steady.
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 Two Oaks is best for.
Best for
- Buyers wanting substantial square footage and boat-dock access who will move quickly when a listing appears
- Long-horizon owners who value a stable, low-turnover enclave over resale liquidity
- Renovation-comfortable buyers ready to evaluate condition rather than assume every home is equal
Probably not for
- Anyone on a tight closing deadline who cannot wait for inventory to surface
- Buyers who want a range of homes to tour and comparison-shop within one community
- Those seeking a smaller, lower-maintenance home rather than a large 1980s-to-2000s house
The market around Two Oaks
Two Oaks is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Two Oaks specifically. Momentum Research analysis of MLS records.
Life at Two Oaks
- Boat Dock · reported on 1 of 1 listings
- Maintenance Grounds · reported on 1 of 1 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.
Recent Developments in Two Oaks
Development, infrastructure, retail, and school activity affecting Two Oaks, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Parks & Amenities
Westin Cocoa Beach details FlowSurf surf attraction and plans for local access
The resort says its surf attraction will be called the FlowSurf Experience at The Lineup, with adjustable wave levels. Planned additions include a beachside bar called Locals Only and a cafe called Wax Shack with sports simulators, and the resort intends to offer attractions to the local community, with pricing not yet announced.
What it may mean for the marketThe project adds recreation and dining amenities to the Cocoa Beach oceanfront and may create hospitality jobs ahead of opening. The project is about 6 miles northeast of Two Oaks, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The site is about 4 miles south of Two Oaks.
Source: Space Coast Daily - October 2026Civic
Cocoa Beach commission asks state to study faster boat channels on the Banana River
The commission unanimously passed a proposal asking Florida wildlife officials to review manatee speed zones, with the mayor suggesting 25 mph daytime channels. The request is not final, and the state has not set a study timeline.
What it may mean for the marketAny change in speed zones could shorten boat travel times for waterfront residents and marine businesses around Cocoa Beach. The project is about 5 miles northeast of Two Oaks, elsewhere in Brevard County.
Source: FOX 35 Orlando - October 2026Infrastructure
Brevard County Brightline station fully funded with $57 million federal grant
The planned Brightline station in Cocoa, near State Road 528, is now fully funded after a federal grant of about $57 million. Cocoa will own the station and Brightline will operate it, linking Cocoa and Port Canaveral to South Florida destinations. No construction start date has been set, and officials expect to release more details in early 2027.
What it may mean for the marketA passenger rail stop near SR 528 would add a regional transit option for commuters and visitors traveling between the Space Coast and other Florida metros. The site is about 7 miles northwest of Two Oaks.
Source: FOX 35 Orlando - July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 4 miles southwest of Two Oaks, elsewhere in Brevard County.
Source: Viera - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 5 miles southwest of Two Oaks, elsewhere in Brevard County.
Source: ClickOrlando
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Two Oaks buying strategy.
If we were buying in Two Oaks 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 Two Oaks.
A small, held community with water access
The building years run from 1981 to 2001, with a median around 1987, so most of the stock is solidly of its era. Expect square footage in abundance and construction that will vary in how much it has been touched - some homes carry original systems and finishes, others have been reworked. That variance is the single biggest factor in what any given home is worth, and it is why you inspect carefully rather than assume parity across the street.
Roughly 92% of homes here are homesteaded, which tells you this is a place people settle into rather than trade in and out of. The amenity set is modest and practical - a boat dock and maintained grounds - which fits the Merritt Island setting. Confirm dock access, slip availability, and current HOA terms directly with the association before you rely on any of it; MLS-reported amenities are a starting point, not a guarantee.
The location and the amenities are priced into every listing in Two Oaks. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 26-home community with nothing currently listed, the value is in knowing when something is about to move and reading condition against the last real sales. We track this enclave at the street level, pressure-test what a large 1980s-to-2000s home should trade for given its updates, and get you positioned before a listing goes public - because here, timing is most of the battle.
Two Oaks in 15 seconds.
Tools for a Two Oaks 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 Two Oaks sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Two Oaks, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Two Oaks home worth?
Get a no-obligation home value based on real comparable sales in Two Oaks, 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 Two Oaks
Homes in Two Oaks 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.
- 1140 Two Oaks Boulevard · off market
| Location | Merritt Island, Brevard County, FL |
|---|---|
| Homes in the community | 26 (FL DOR 2025 assessment roll) |
| Years built | 1981–2001 (median 1987) |
| Typical living area | 3,504 sq ft (median) |
| For sale right now | 0 active, 1 pending |
| Owner-occupied (homestead) share | 92% |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Two Oaks key facts,” movewithmomentum.com/neighborhoods/two-oaks-merritt-island, data as of July 15, 2026.
Housing distress & ownership in Two Oaks, Merritt Island
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period November 2026 through November 2026. Deemed reliable but not guaranteed.
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Merritt Island guides & data
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- Property taxes (Brevard County)
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Florida buyer guides
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- Florida property tax calculator
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- Florida flood insurance calculator
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Two Oaks Market Scorecard
Two Oaks is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32952 ZIP is $439,615, about 10.1% below 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 2026-08-06. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Email me new listings in Two Oaks
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Two Oaks
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Two Oaks will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
How many homes are in Two Oaks?
What share of Two Oaks is owner-occupied?
When were the homes in Two Oaks built?
Who is the best real estate agent for Two Oaks?
How do I find a top Merritt Island real estate agent who knows Two Oaks?
Can Momentum Realty connect me with an agent for Two Oaks?
Where is Two Oaks, and what county is it in?
Should you buy in Two Oaks?
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: August 6, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
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.
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