Villa De Palmas Unit 4
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
Median sale $594K
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Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · Villa De Palmas Unit 4 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$594K
Median sold · 12 mo
$292/sf
Sold $/sqft · 12 mo
peak $292 in 2026
96.6%
Sale vs ask
Brevard median: 96.2%
Tempo
80days
Median DOM · closed
10 days at the 2021 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 21 years of records
2,034sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Villa De Palmas Unit 4 is a small, established pocket of Merritt Island where price is driven by the individual home more than by any shared amenity package. The median sits at $593,500, or about $291.84 per square foot, and with only 4 closings in the window, that number reflects a thin sample. Condition, lot, and updates move value here far more than any community feature, since there are none identified from current listings.

The current posture leans toward patience. A median of 80 days on market tells sellers that buyers are taking their time and pricing to condition rather than chasing. For a buyer, that pace is leverage: there is room to inspect carefully and negotiate. For a seller, it means presentation and a realistic ask matter more than hope.

The 60-Second Overview

Villa De Palmas Unit 4 market snapshot (as of July 15, 2026): the median sale price is about $594K ($292 per sq ft over the trailing 12 months of closed sales), and a median 80 days on market for closed sales.

This is a compact Merritt Island enclave with no identified shared amenities, so what you are buying is the house and the location rather than a lifestyle package. Thin turnover means each sale carries outsized weight in the numbers.

Best for

  • Buyers comfortable around the $593,500 median who value an established Merritt Island location over shared amenities
  • Deliberate shoppers who want time to inspect and negotiate rather than compete on speed
  • Those willing to price a home by its condition and square footage rather than by comps alone

Probably not for

  • Buyers who need on-site amenities, since none are identified from current listings
  • Anyone needing a quick, low-effort resale given the 80-day median market time
  • Shoppers who want a firm, comp-rich price signal, which a 4-closing window cannot provide

Windows contain 0 to 4 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.

Every sale since 2005 · price vs size
$0$500K$1M2k3k
34 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 4 in the current window.

If we were buying in Villa De Palmas Unit 4 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 4.

Best Buy
Buyers who want an established Merritt Island address and are shopping on home condition, not amenities.
Biggest Risk
Thin turnover means the median rests on few sales and can mislead.
Sweet Spot
A well-maintained home priced honestly against the per-square-foot median.
Avoid If
You need community amenities or a fast, competitive resale scene.

A thin-inventory pocket where the house sets the price

With just 4 closings in the measured window, Villa De Palmas Unit 4 does not produce a smooth, predictable price curve. One well-renovated home or one dated one can swing the median noticeably. Treat the $593,500 figure as a directional marker, not a precise line, and lean on a home-by-home read of condition and square footage against that $291.84 per-square-foot median.

The 80-day median on market is the more useful signal for negotiating. It points to a market where buyers can move deliberately and sellers cannot assume speed. Because there are no community amenities to underwrite value, the appraisal and the offer both come back to the physical home: roof, systems, kitchens, and lot.

The location and the amenities are priced into every listing in Villa De Palmas Unit 4. 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 low-turnover pocket like this, comps are scarce and easy to misread, so we price and negotiate off the actual home in front of us rather than a headline median. We will walk the condition, weigh it against the $291.84 per-square-foot benchmark, and use the 80-day pace to set expectations on both sides of the table.

Villa De Palmas Unit 4 in 15 seconds.

Best forBuyers who want an established Merritt Island address and are shopping on home condition, not amenities.
Biggest advantageThe 80-day pace gives buyers time to inspect and negotiate.
Biggest riskThin turnover means the median rests on few sales and can mislead.
Sweet spotA well-maintained home priced honestly against the per-square-foot median.
Avoid ifYou need community amenities or a fast, competitive resale scene.

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 4 sales matched to your home.

What is your Villa De Palmas Unit 4 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Villa De Palmas Unit 4?
The median sale price in Villa De Palmas Unit 4 was $594K over the 12 months ending July 15, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Villa De Palmas Unit 4 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 80 days on market (4 sales, Space Coast MLS).
Who is the best real estate agent for Villa De Palmas Unit 4?
The best agent for Villa De Palmas Unit 4 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 4.
How do I find a top Merritt Island real estate agent who knows Villa De Palmas Unit 4?
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 4 and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Villa De Palmas Unit 4?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Villa De Palmas Unit 4 purchase or sale - no call center and no pressure.
Buyers comfortable around the $593,500 median who value an established Merritt Island location over shared amenitiesExcellent fit
Deliberate shoppers who want time to inspect and negotiate rather than compete on speedExcellent fit
Those willing to price a home by its condition and square footage rather than by comps aloneExcellent fit
Buyers who need on-site amenities, since none are identified from current listingsProbably not
Anyone needing a quick, low-effort resale given the 80-day median market timeProbably not
Shoppers who want a firm, comp-rich price signal, which a 4-closing window cannot provideProbably 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 (34 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 your area comps.

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