Brevard County · Space Coast
Homes Under $500K in Merritt Island, FL
The short answer
There are 99 homes under $500K for sale in Merritt Island, Florida right now. Every listing comes straight from the Space Coast MLS and refreshes hourly.
Under $500K listings in Merritt Island
99 homes under $500K · newest first
Active$264,990
23 photos
428 Houston Lane
Merritt Island, FL 32953 · None
Updated Oct 28, 2026
Active$339,000
21 photos
170 Barbados Drive
Merritt Island, FL 32952 · Belaire Subd
Updated Oct 28, 2026
Active$368,900
23 photos
120 Carib Drive
Merritt Island, FL 32952 · Belaire Unit No 3
Updated Oct 27, 2026
Active$339,000
58 photos
1355 Johns Circle
Merritt Island, FL 32952 · Ridge Manor Estates
Updated Oct 26, 2026
Active$475,000
45 photos
1493 Stafford Avenue
Merritt Island, FL 32952 · Island Crossings
Updated Oct 26, 2026
Active$69,900
25 photos
320 La Havre Court
Merritt Island, FL 32953 · Colony Park
Updated Oct 26, 2026
Active$440,000
50 photos
1300 Lester Court
Merritt Island, FL 32952 · Caribbean Isles Unit 1
Updated Oct 21, 2026
Active$365,000
35 photos
1410 W Central Avenue
Merritt Island, FL 32952 · Surfside Estates Unit 3 Replat of Part of
Updated Oct 26, 2026
Active$184,900
53 photos
225 S Tropical Trail 124
Merritt Island, FL 32952 · Sunset Bay A Condominium
Updated Oct 21, 2026
Active$359,900
25 photos
20 Ocean Street
Merritt Island, FL 32952 · Merritt Ridge Subd
Updated Oct 21, 2026
Active$330,000
24 photos
105 Carib Drive
Merritt Island, FL 32952 · Belaire Unit No 2
Updated Oct 27, 2026
Active$259,900
23 photos
135 S Kenneth Court
Merritt Island, FL 32952 · Villas at Newfound Harbor The
Updated Oct 17, 2026
ActiveOpen Sat 11 AM$500,000
42 photos
1520 Bella Casa Court
Merritt Island, FL 32952 · Surfside Estates Unit 5
Updated Oct 28, 2026
Active$369,900
31 photos
232 Ivory Coral Lane 101
Merritt Island, FL 32953 · Cape Crossing
Updated Oct 24, 2026
Active$265,000
29 photos
46 Bogart Place
Merritt Island, FL 32953 · Townhomes and Villas of Diana
Updated Oct 16, 2026
Active$350,000
35 photos
200 S Sykes Creek Parkway A102
Merritt Island, FL 32952 · Merritt Towers Condo Ph I
Updated Oct 26, 2026
Active$415,000
19 photos
1665 Richardson Road
Merritt Island, FL 32952 · Pelican Creek Estates Addn No 1
Updated Oct 26, 2026
Active$169,900
25 photos
225 S Tropical Trail 624
Merritt Island, FL 32952 · Sunset Bay A Condominium
Updated Oct 16, 2026
Active$295,000
18 photos
481 Orange Avenue
Merritt Island, FL 32952 · Merritt Ridge Subd
Updated Oct 14, 2026
Active$499,900
71 photos
4575 Annette Court
Merritt Island, FL 32953 · Citrus River Groves Unit 1
Updated Oct 18, 2026
Active$324,990
36 photos
340 Fisher Lane
Merritt Island, FL 32953 · Merritt Island Village
Updated Oct 25, 2026
Active$499,800
54 photos
2591 Sykes Creek Drive
Merritt Island, FL 32953 · Costa Norte
Updated Oct 28, 2026
Active$370,000
25 photos
195 Willow Avenue
Merritt Island, FL 32953 · Carlton Groves Subd No 3
Updated Oct 12, 2026
ActiveOpen Wed 3 PM$250,000
32 photos
750 Newfound Harbor Drive
Merritt Island, FL 32952 · None
Updated Oct 27, 2026
Listing information provided by the Space Coast Association of REALTORS® IDX program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.
Browse Merritt Island homes by price and type
47
Under $300K
Every active Merritt Island listing priced at $300,000 or less — the entry point to the market.
Homes Under $300K in Merritt Island, FL99
Under $500K
Merritt Island homes listed at $500,000 or less, from starter homes to move-in-ready family houses.
Homes Under $500K in Merritt Island, FL75
Waterfront
Ocean, river, canal and lakefront homes in Merritt Island — every listing the MLS flags as waterfront.
Waterfront Homes for Sale in Merritt Island, FL8
New construction
Newly built and pre-construction homes in Merritt Island, including builder inventory not yet finished.
New Construction Homes in Merritt Island, FLThinking about living in Merritt Island?
Two rivers, one island — boater's paradise between the mainland and the beach.
Median list price right now: $494,900 across 189 active homes.
Merritt Island homes for sale — FAQ
- How many homes under $500K are for sale in Merritt Island, FL?
- 99 active listings as of October 28, 2026. The count covers listings the Space Coast MLS files under the city name Merritt Island.
- Are there waterfront or new-construction homes in Merritt Island?
- Yes — 75 waterfront listings and 8 new-construction homes (built 2026 or later) are active in Merritt Island right now.
- How current are these listings?
- Listings sync hourly from the Space Coast MLS; each card shows its last-updated date.