Brevard County · Space Coast
Homes Under $500K in Merritt Island, FL
The short answer
There are 93 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
93 homes under $500K · newest first
Active$89,900
20 photos
120 Mutiny Lane C3-208
Merritt Island, FL 32952 · Merritt Island Co-Op Apts Inc
Updated Oct 7, 2026
ActiveOpen Sat 12 PM$185,000
23 photos
2097 Hidden Grove Lane 209
Merritt Island, FL 32953 · Hidden Grove Condo
Updated Oct 6, 2026
Active$465,000
32 photos
1485 Holly Avenue
Merritt Island, FL 32952 · Harbor Estates Sec 1
Updated Oct 4, 2026
Active$74,500
23 photos
120 Mutiny Lane C3-106
Merritt Island, FL 32952 · Merritt Island Co-Op Apts Inc
Updated Oct 4, 2026
Active$325,000
24 photos
440 Pine Boulevard
Merritt Island, FL 32952 · Island Beach Sheet 1
Updated Oct 4, 2026
Active$298,000
48 photos
4381 Timothy Drive
Merritt Island, FL 32953 · Osprey Village at Cedar Creek Ph II
Updated Oct 7, 2026
Active$300,000
14 photos
180 Church Road
Merritt Island, FL 32953 · None
Updated Oct 2, 2026
Active$299,000
26 photos
380 Hunt Drive
Merritt Island, FL 32953 · Buttonwood Manor Subd
Updated Oct 2, 2026
Active$168,900
16 photos
240 Spring Drive 2
Merritt Island, FL 32953 · Summer Place Condominium
Updated Oct 1, 2026
Active$339,000
21 photos
820 Del Rio Way 301
Merritt Island, FL 32953 · Harbor Del Rio Condo Ph II
Updated Oct 3, 2026
Active$334,000
10 photos
285 Hickory Avenue
Merritt Island, FL 32953 · Carlton Groves Subd Unit 2 Sec 1
Updated Oct 4, 2026
Active$197,000
30 photos
225 S Tropical Trail 616
Merritt Island, FL 32952 · Sunset Bay A Condominium
Updated Sep 30, 2026
Active$175,000
31 photos
200 Bounty Street A2-104
Merritt Island, FL 32952 · Merritt Island Co-Op Apts Inc
Updated Sep 26, 2026
Active$245,000
65 photos
360 Fisher Lane
Merritt Island, FL 32953 · Merritt Island Village
Updated Sep 28, 2026
Active$445,000
27 photos
915 Waikiki Drive
Merritt Island, FL 32953 · Catalina Isle Estates Unit 2A
Updated Oct 3, 2026
Active$144,500
20 photos
420 Catamaran Drive 99
Merritt Island, FL 32952 · Harbor Woods Condo Sec 1 Ph III
Updated Oct 7, 2026
Active$325,000
38 photos
565 Kings Way
Merritt Island, FL 32953 · None
Updated Sep 25, 2026
Active$149,000
33 photos
250 N Banana River Drive B15
Merritt Island, FL 32952 · Treasure Coast Harbour Villas Condo
Updated Sep 25, 2026
Active$314,990
66 photos
200 S Sykes Creek Parkway A409
Merritt Island, FL 32952 · Merritt Towers Condo Ph I
Updated Sep 24, 2026
Active$249,900
39 photos
1455 Quince Avenue
Merritt Island, FL 32952 · Harbor Estates Sec 3
Updated Sep 23, 2026
Active$329,900
35 photos
385 Island Oaks Place
Merritt Island, FL 32953 · Island Oaks Subdivision
Updated Sep 22, 2026
Active$259,000
25 photos
452 Houston Lane
Merritt Island, FL 32953 · None
Updated Sep 22, 2026
Active$180,000
16 photos
225 S Tropical Trail 617
Merritt Island, FL 32952 · Sunset Bay A Condominium
Updated Sep 21, 2026
Active$135,000
25 photos
225 S Tropical Trail 719
Merritt Island, FL 32952 · Sunset Bay A Condominium
Updated Sep 21, 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
45
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, FL93
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, FL71
Waterfront
Ocean, river, canal and lakefront homes in Merritt Island — every listing the MLS flags as waterfront.
Waterfront Homes for Sale 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: $489,900 across 179 active homes.
Merritt Island homes for sale — FAQ
- How many homes under $500K are for sale in Merritt Island, FL?
- 93 active listings as of October 8, 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 — 71 waterfront listings and 6 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.