Villa De Palmas Unit 2
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
Median sale $425K
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Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · Villa De Palmas Unit 2 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$425K
Median sold · 12 mo
$237/sf
Sold $/sqft · 12 mo
peak $242 in 2023
94.2%
Sale vs ask
Brevard median: 96.2%
Tempo
33days
Median DOM · closed
6 days at the 2024 low
7
Sold · last 12 mo
10-yr average: about 5 a year
Track record · 21 years of records
1,791sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Villa De Palmas Unit 2 is a small, established pocket in Merritt Island where the median sits at $425,000 and about $237 per square foot. With no shared amenities identified from current listings, price here is driven by the individual home — its condition, updates, lot, and square footage — rather than by any community package. Expect a wider spread than the single median suggests, because what you pay tracks closely to how much work a given house does or does not need.

At a median of 33 days on market, this is a measured pace — neither a frenzy nor a stall. Sellers should price to condition from day one; overreaching gets punished with time. Buyers have room to inspect, evaluate, and negotiate on a house-by-house basis rather than waiving diligence to win. The recent closing count is thin, so read any single comp carefully and lean on the underlying condition of each property.

The 60-Second Overview

Villa De Palmas Unit 2 market snapshot (as of July 15, 2026): the median sale price is about $425K ($237 per sq ft over the trailing 12 months of closed sales), and a median 33 days on market for closed sales.

This is a self-contained residential enclave in Merritt Island where value comes from the house itself, not from clubhouse or gate amenities. Treat every listing on its own merits.

Best for

  • Buyers targeting the mid-$400s who want a standalone Merritt Island home without ongoing amenity costs
  • Renovation-minded buyers willing to buy on condition and add value through updates
  • Deliberate buyers who value a 33-day pace that leaves room for proper inspection and negotiation

Probably not for

  • Buyers who want resort-style shared amenities built into the community
  • Buyers needing a large sample of recent comps before they will commit
  • Buyers seeking a fixed, predictable price band rather than a condition-driven spread

Windows contain 1 to 8 sales each (7 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.

Median sale price · trailing 12 mo
$200K$300K$400K$500K20122014201620182020202220242026
Every sale since 2005 · price vs size
$0$200K$400K$600K2k2k2k
86 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $80 in 2012 to a $242 peak in 2023; $237 now.
Median days on market · closed sales
05020122014201620182020202220242026
6 days at the 2024 low; 33 now.
Sale price vs original ask · median
92%95%98%100%20122014201620182020202220242026
94.2% now vs Brevard 96.2%.
Homes sold per 12-mo window
025820122014201620182020202220242026
1 to 8 a year; 7 in the current window.

If we were buying in Villa De Palmas Unit 2 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 Villa De Palmas Unit 2.

Best Buy
Buyers who want an established Merritt Island address and are comfortable evaluating a home on its own condition.
Biggest Risk
A thin closing history makes any single comp easy to misread.
Sweet Spot
A correctly priced, move-in-ready home near the $425,000 median.
Avoid If
You need amenities — pool, clubhouse, gates — as part of the package.

A condition-driven market

With no community amenities carrying the pricing, the delta between an updated home and a dated one is the whole story in Villa De Palmas Unit 2. The median of $425,000 and roughly $237 per square foot are useful anchors, but they blend renovated and original-condition houses together. Do not assume the median describes the specific property in front of you — walk the finishes, the roof, the systems, and let those set your number.

Days on market near 33 tell you the area moves at a deliberate clip. That favors prepared buyers who can act on the right house without being stampeded, and it rewards sellers who present a clean, correctly priced product. Because the closing window here is small, thoughtful comp selection matters more than usual; a single outlier sale can distort a quick read.

The location and the amenities are priced into every listing in Villa De Palmas Unit 2. 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 market with few recent closings and price driven almost entirely by condition, the value of a broker who works Merritt Island daily is in reading the individual home correctly. We help sellers price to the property they actually have rather than to a blended median, and we help buyers separate a genuine deal from a cosmetic one before the inspection period runs out.

Villa De Palmas Unit 2 in 15 seconds.

Best forBuyers who want an established Merritt Island address and are comfortable evaluating a home on its own condition.
Biggest advantageValue is tied to the house itself, not amenity fees, so smart renovation choices can pay off.
Biggest riskA thin closing history makes any single comp easy to misread.
Sweet spotA correctly priced, move-in-ready home near the $425,000 median.
Avoid ifYou need amenities — pool, clubhouse, gates — as part of the package.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 Villa De Palmas Unit 2 sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Villa De Palmas Unit 2?
The median sale price in Villa De Palmas Unit 2 was $425K over the 12 months ending July 15, 2026 (7 closed sales, Space Coast MLS).
How long do homes in Villa De Palmas Unit 2 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 33 days on market (7 sales, Space Coast MLS).
Who is the best real estate agent for Villa De Palmas Unit 2?
The best agent for Villa De Palmas Unit 2 is one who actively works Merritt Island and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Villa De Palmas Unit 2.
How do I find a top Merritt Island real estate agent who knows Villa De Palmas Unit 2?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Villa De Palmas Unit 2 and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Villa De Palmas Unit 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Villa De Palmas Unit 2 purchase or sale - no call center and no pressure.
Buyers targeting the mid-$400s who want a standalone Merritt Island home without ongoing amenity costsExcellent fit
Renovation-minded buyers willing to buy on condition and add value through updatesExcellent fit
Deliberate buyers who value a 33-day pace that leaves room for proper inspection and negotiationExcellent fit
Buyers who want resort-style shared amenities built into the communityProbably not
Buyers needing a large sample of recent comps before they will commitProbably not
Buyers seeking a fixed, predictable price band rather than a condition-driven spreadProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (86 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.

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