Villas At Indian River The Merritt Island in Merritt Island

Villas At Indian River The Merritt Island
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
4 homes
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Villas At Indian River The Merritt Island Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
0%
Owner-occupied · Villas At Indian River The Merritt Island
0 of 4 parcels homesteaded (FL DOR 2025)
100%
Non-owner-occupied · Villas At Indian River The Merritt Island
incl. 0% trust or LLC-held · 0% out-of-state
4
Homes in the community
4 residential parcels (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a small enclave of villas in Merritt Island, with just four homes on record and nothing currently active. With no listings on the market, there is no live pricing signal to read here, so anyone waiting to buy is waiting for a specific door to open rather than shopping a shelf of options.

In a pocket this small, condition and the particulars of the individual unit will drive whatever number a sale eventually lands on far more than any broad market trend. The maintenance-grounds structure removes some of the exterior-upkeep variable, which tends to keep villa product like this consistent in presentation, but it also means the HOA terms matter as much as the walls.

Best for

  • Buyers set on this exact villa community who can wait for a unit to open up
  • Buyers who want exterior maintenance handled at the community level
  • Buyers comfortable doing HOA and water-association due diligence before committing

Probably not for

  • Buyers who need to compare several available homes right now
  • Buyers on a firm timeline who can't wait for scarce turnover
  • Buyers who want a large community with deep, active inventory

The market around Villas At Indian River The Merritt Island

Villas At Indian River The Merritt Island 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 Villas At Indian River The Merritt Island specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Villas At Indian River The Merritt Island, Merritt Island

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 23 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-08-11)

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 August 2026 through August 2026. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

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.

If we were buying in Villas At Indian River The Merritt Island 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 Villas At Indian River The Merritt Island.

Best Buy
Buyers who want a specific villa in this Merritt Island pocket and can wait for it.
Biggest Risk
With four homes and zero active listings, opportunities are rare and unpredictable.
Sweet Spot
A patient buyer positioned to move the moment a unit lists.
Avoid If
You need options now or a home you can tour today.

A four-home villa pocket with no live inventory

The defining fact here is scale. Four homes means turnover is rare and unpredictable, and with zero active listings there is nothing to tour and no asking price to anchor to. Buyers who want this specific community should treat it as a standing order - be ready to move when a unit lists, because the next opportunity may be a long way off.

On the amenity side, listings here report maintenance grounds, a park, and a water association. Maintenance grounds is the meaningful one for day-to-day living: exterior upkeep handled at the community level is part of what people buy villa product for. The homestead share on record sits at zero, which is worth understanding for tax and use expectations. Confirm current amenity access, water association details, and HOA terms directly with the HOA before you commit.

The location and the amenities are priced into every listing in Villas At Indian River The Merritt Island. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A community this small and this quiet rewards patience and access more than it rewards search filters. We track when these villas come to market, help you read the HOA and water-association terms line by line, and tell you plainly whether a given unit is worth acting on - or worth waiting past.

Villas At Indian River The Merritt Island in 15 seconds.

Best forBuyers who want a specific villa in this Merritt Island pocket and can wait for it.
Biggest advantageMaintenance grounds handle exterior upkeep at the community level.
Biggest riskWith four homes and zero active listings, opportunities are rare and unpredictable.
Sweet spotA patient buyer positioned to move the moment a unit lists.
Avoid ifYou need options now or a home you can tour today.

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 Villas At Indian River The Merritt Island sales matched to your home.

What is your Villas At Indian River The Merritt Island home worth?

Get a no-obligation home value based on real comparable sales in Villas At Indian River The Merritt Island, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,120/mo
Brevard County typical true cost to own
$196/mo
Brevard County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

The Villas at Indian River Market Scorecard

Buyer-Leaning Market (limited data)

The Villas at Indian River is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$327,500
Median sold
$247
Per sqft
n/a
Days on mkt
0/0/1
Active/Pend/Sold

Typical home value in the 32952 ZIP is $440,414, about 10.6% 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 2026-08-23. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

How many homes are in Villas At Indian River The Merritt Island?
The Florida DOR 2025 assessment roll shows 4 homes in Villas At Indian River The Merritt Island (public records).
What share of Villas At Indian River The Merritt Island is owner-occupied?
0% of Villas At Indian River The Merritt Island parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
Who is the best real estate agent for Villas At Indian River The Merritt Island?
The best agent for Villas At Indian River The Merritt Island 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 Villas At Indian River The Merritt Island.
How do I find a top Merritt Island real estate agent who knows Villas At Indian River The Merritt Island?
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 Villas At Indian River The Merritt Island and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Villas At Indian River The Merritt Island?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Villas At Indian River The Merritt Island purchase or sale - no call center and no pressure.
Buyers set on this exact villa community who can wait for a unit to open upExcellent fit
Buyers who want exterior maintenance handled at the community levelExcellent fit
Buyers comfortable doing HOA and water-association due diligence before committingExcellent fit
Buyers who need to compare several available homes right nowProbably not
Buyers on a firm timeline who can't wait for scarce turnoverProbably not
Buyers who want a large community with deep, active inventoryProbably not

Nearby Communities

Explore more neighborhoods near Villas At Indian River The Merritt Island with Momentum Realty’s local guides.

IRIndian River Village Merritt Island0.4 mi awaySGSea Gate Merritt Island0.5 mi awayFSFairfax Subd Merritt Island0.7 mi awayCGCarlton Groves Subd No 3 Merritt Island0.9 mi awayVilla De Palmas Sykes Cove Merritt Island1.0 mi awayTATownhomes And Villas Of Diana Merritt Island1.3 mi awaySLSunset Lakes Phase Iii Merritt Island1.5 mi awayDiana Shores Unit No 2 Merritt Island1.6 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace 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.

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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