Central Merritt Island Homes under $500,000

Central Merritt Island Homes under $500,000

Welcome to Central Merritt Island, a hidden gem nestled in the heart of Brevard County, Florida. This charming region is perfectly positioned between the bustling cities of Cocoa Beach and Cape Canaveral, offering residents the best of both worlds: a serene suburban lifestyle with easy access to vibrant coastal attractions. Central Merritt Island is renowned for its lush landscapes, friendly neighborhoods, and an abundance of recreational opportunities, making it an ideal place for families, retirees, and anyone looking to embrace the Florida lifestyle.

One of the most appealing aspects of Central Merritt Island is the array of homes available for under $500,000. Whether you’re a first-time homebuyer or seeking a cozy retreat, you’ll find a diverse selection of properties that cater to various tastes and needs. From charming single-family homes with spacious yards to modern townhouses featuring contemporary designs, there’s something for everyone. Many homes in this price range boast inviting interiors, updated kitchens, and outdoor spaces perfect for entertaining or simply soaking up the Florida sun.

Living in Central Merritt Island means enjoying a laid-back lifestyle with access to top-rated schools, shopping centers, and parks, as well as close proximity to the beautiful beaches along the Atlantic coast. With a strong sense of community and a plethora of outdoor activities, including kayaking, fishing, and hiking, this region offers an unparalleled quality of life. Discover your dream home in Central Merritt Island today, where affordability meets the charm of Florida living!

Newest Central Merritt Island Homes under $500,000

105 Needle Boulevard, Merritt Island
$225,000
3 Beds ⋅ 1 Baths ⋅ 1090191 MLS
Central Merritt Island! Hampton Homes three bedroom one bath single family home. Solid updates done recently include - New HVAC system installed by Florida Breeze in January 2026! 2.5 ton Goodman 13.4 Seer2 with new Honeywell Pro Thermostat. New roof installed in 2022 by Certified Roofing! New main panel installed in 2022 by Core Electric! Water heater replaced in 2022! Sewer main from house to street replaced in 2023! Fresh interior paint! Mixture of terazzo floors and tile throughout the house. Screened porch. Fenced yard. One car carport. Inside laundry room. Awesome location - next door to Grace United Methodist Church - close to schools, shopping and more!

105 Needle Boulevard, Merritt Island
46 Bogart Place, Merritt Island
$265,000
2 Beds ⋅ 3 Baths ⋅ 1089848 MLS
MOVE-IN READY & PACKED WITH UPGRADES! Welcome to 46 Bogart Place in Merritt Island, where major improvements are already complete! Enjoy a NEW ROOF (2023), HVAC SYSTEM (2021), WATER HEATER (2025), and NEW AC MOTOR (2026). Inside, discover a REMODELED KITCHEN (2022), TWO UPDATED BATHROOMS (2022), updated flooring and carpeting, plus NEW RECESSED LIGHTING (2026). Exterior improvements include a garage door (2019), FENCING (2021), enclosure updates (2022 & 2026), NEW GARAGE DOOR OPENER (2026), and FRESH EXTERIOR PAINT (September 2026). Why spend time and money tackling major projects when so many upgrades have already been completed? Enjoy the convenience of Merritt Island living, with shopping, dining, beaches, and Port Canaveral within reach. This home combines stylish updates, practical improvements, and an excellent Space Coast location. A fantastic opportunity for buyers looking for an updated home without the hassle of extensive renovations. Schedule your private showing today!

46 Bogart Place, Merritt Island
200 S Sykes Creek Parkway, Merritt Island
$365,000
2 Beds ⋅ 2 Baths ⋅ 1090098 MLS
MORE PICS TO COME! Welcome home to Merritt Towers! This 2-bed, 2-bath waterfront unit offers 1,269 square feet, split-bedrooms, assigned covered parking. Ground floor unit with direct outside access from patio!! Monthly dues include water, sewer, trash, wifi, cable, pest control, wonderful amenities and more! So close to the new Cape Canaveral Hospital, shopping, & Cocoa Beach right up the road!! Slider doors frame open to a screened patio with direct access to the waterfront lawn. Enjoy your morning coffee overlooking the water, then step right outside—no hallway or elevator needed. Inside, renovated guest bath, wood-look laminate and tile flooring, crown moulding, chair rail and updated kitchen with classic white cabinetry,striking black-and-white granite countersplash, new appliances, and breakfast bar. Gorgeous decorative lighting throughout the home. Assigned covered parking is right outside the unit. Enjoy the community's waterfront pool and a central Merritt Island location!!

200 S Sykes Creek Parkway, Merritt Island
340 Fisher Lane, Merritt Island
$324,990
4 Beds ⋅ 4 Baths ⋅ 1089847 MLS
This beautiful Merritt Island single-family home offers 3 bedrooms and 3 bathrooms in the main residence, PLUS a 1-bedroom, 1-bathroom ADU with its own private entrance. Whether you envision a separate space for extended family or potential rental income to help offset your mortgage, this versatile layout offers exceptional flexibility. Inside, an inviting open floor plan features new vinyl flooring, beautiful kitchen cabinets, quartz countertops, and stainless steel appliances. Extensive improvements include a new roof and A/C. Step outside to a private, fenced backyard with space to relax, entertain, and enjoy Florida living. A standout opportunity with separate living spaces and no HOA fees! Schedule your private showing today

340 Fisher Lane, Merritt Island
2591 Sykes Creek Drive, Merritt Island
$499,900
3 Beds ⋅ 3 Baths ⋅ 1089773 MLS
Welcome home! This waterfront community offers resort-style amenities & comfortable FL living! Guests are welcomed by a paved, private courtyard. The open floorplan brings the dining & living areas together beneath soaring vaulted ceilings. Spacious kitchen features a breakfast nook, island, quartz countertops, tile backsplash, pantry & stainless appliances. 1st floor office/den/FL room & spacious laundry room w/sink & storage add convenience. Split-bedroom layout offers a 1st-floor owners suite w/French doors, walk-in closet w/built-ins, linen closet, dual sinks w/quartz countertops, water closet, jetted tub & tiled walk-in shower. Upstairs, the versatile loft w/wet bar opens to an expansive terrace, ideal for watching rocket launches. A rear screened porch overlooks a peaceful backdrop of trees. Baths have been updated, crown molding & plantation shutters add that custom finish. Conveniently located 10 min to beach, 20 min to KSC, NASA, SpaceX, Blue Origin, 45 min to Orlando!

2591 Sykes Creek Drive, Merritt Island
195 Willow Avenue, Merritt Island
$370,000
3 Beds ⋅ 1 Baths ⋅ 1089761 MLS
Welcome to 195 Willow Avenue, where location meets the Florida lifestyle! This charming 3-bedroom, 1-bath home is nestled in the heart of Merritt Island and offers a wonderful opportunity to make it your own. Step outside and enjoy your private backyard oasis, featuring an in-ground swimming pool and fenced yard, perfect for entertaining, weekend barbecues, or simply soaking up the Florida sunshine. Conveniently located near shopping, dining, schools, and local amenities, with easy access to Cocoa Beach, Port Canaveral, and everything the Space Coast has to offer. Whether you're looking for your first home, your next home, or a place to enjoy Florida living, this property has plenty of potential. Offered at $370,000, don't miss your chance to explore all this Merritt Island home has to offer. Schedule your private showing today!

195 Willow Avenue, Merritt Island
820 Del Rio Way Unit 202, Merritt Island
$339,000
3 Beds ⋅ 2 Baths ⋅ 1089580 MLS
Welcome to coastal Florida living at its finest! This beautifully designed 3-bedroom, 2-bathroom condo offers a desirable split floor plan, providing ideal privacy for both family and guests. The light-filled main living area opens seamlessly to a expansive wraparound balcony, perfect for enjoying outdoor dining, gentle breezes, and relaxing sunsets. Hurricane shutters on the balcony are a great safety feature. Located in the heart of Merritt Island at Harbor Del Rio, you are just minutes away from beaches, dining, shopping, and major thoroughfares. Welcome to coastal Florida living at its finest! This beautifully designed 3-bedroom, 2-bathroom condo offers a desirable split floor plan, providing ideal privacy for both family and guests. The light-filled main living area opens seamlessly to a expansive wraparound balcony, perfect for enjoying outdoor dining, gentle breezes, and relaxing sunsets. Located in the heart of Merritt Island at Harbor Del Rio, you are just minutes away from beaches, dining, shopping, and major thoroughfares.

820 Del Rio Way Unit 202, Merritt Island
2595 Sykes Creek Drive, Merritt Island
$400,000
3 Beds ⋅ 3 Baths ⋅ 1089589 MLS
INVESTORS, FLIPPERS, AND VALUE-SEEKERS—DON'T MISS THIS OPPORTUNITY! PRICED WELL BELOW MARKET! A waterfront community location, desirable features, and cosmetic work needed create exciting potential to build equity. Opportunity knocks in the highly desirable waterfront community of Costa Norte! This 3-bedroom, 2.5-bath home offers 2,529 square feet of living space and a desirable ground-floor primary suite. The property needs some cosmetic updates, making it an excellent opportunity for investors or buyers looking to add value and make it their own. Enjoy coastal breezes, sunsets, views of Sykes Creek from the expansive rooftop deck—perfect for watching rocket launches and enjoying the Florida lifestyle. Roof in 2022. Low HOA fees. Convenient to beaches, Port Canaveral, Kennedy Space Center, shopping, and dning.

2595 Sykes Creek Drive, Merritt Island
2097 Hidden Grove Lane Unit 209, Merritt Island
$185,000
3 Beds ⋅ 2 Baths ⋅ 1089238 MLS
Looking for a little more room in Merritt Island? This fantastic condo offers just over 1,500 sq ft, 3 large bedrooms, 2 full baths, and a detached garage! Located in a small community on a quiet dead-end street, this second-floor home features high ceilings and architectural details that give the space plenty of character. There's lots of room to spread out in the open living layout. Spend the evening on the covered patio or enjoy the community pool. The Hidden Glenn community is close to Courtenay Parkway and SR 528, with easy access to the beaches, Kennedy Space Center, and I-95. A great combination of space, convenience, and value in this Merritt Island condo!

2097 Hidden Grove Lane Unit 209, Merritt Island
380 Hunt Drive, Merritt Island
$299,000
3 Beds ⋅ 2 Baths ⋅ 1089012 MLS
Welcome home to this beautifully remodeled 3-bedroom, 2-bath concrete block home in the heart of Merritt Island with NO HOA! Featuring a 2022 roof, original terrazzo floors throughout, an updated kitchen with newer appliances and cabinetry, and a screened patio perfect for enjoying Florida living. The front yard even features a fruit-bearing starfruit tree! Conveniently located less than 10 minutes from Cocoa Beach and the Pier, with easy access to Kennedy Space Center, Merritt Island National Wildlife Refuge, shopping, dining, and more. Approximately 45 minutes to Orlando's world-famous attractions. Whether you're looking for a primary residence, downsizing, a first home, or an investment opportunity, this stylish and inviting home offers comfort, location, and versatility.

380 Hunt Drive, Merritt Island
820 Del Rio Way Unit 301, Merritt Island
$339,000
3 Beds ⋅ 2 Baths ⋅ 1088670 MLS
Welcome to effortless Florida living in the heart of Merritt Island! This spacious 3-bedroom, 2-bathroom condo features an open floor plan and impressive wraparound balcony with beautiful views!! The perfect place to relax and enjoy spectacular Space Coast rocket launches right from your home. Built-in storm shutters on all sliding doors provide added protection. The primary suite offers balcony access, his and her closets, a relaxing soaking tub and separate walk-in shower. Enjoy the true maintenance free living with a one car garage space, heated pool and hot tub, fitness center, club house and gazebo to relax by the water. Centrally located near shopping, dining, the future hospital, with the Orlando International Airport only 45 minutes away and Central Florida's world-famous theme parks about an hour away. Experience the best of the Space Coast-comfortable condo living, resort style amenities, and a front row view of the Rocket Launches from your own balcony

820 Del Rio Way Unit 301, Merritt Island
360 Fisher Lane, Merritt Island
$242,000
3 Beds ⋅ 2 Baths ⋅ 1088504 MLS
***Motivated Seller*** ***Bring All Offers***This completely remodeled 3-bedroom, 1.5-bathroom home offers a fresh, move-in-ready interior with thoughtful updates throughout. Major improvements include a new roof in 2026, HVAC system installed in 2022, and water heater replaced in 2023. Step inside to a bright and inviting floor plan featuring updated flooring, fresh finishes, modern fixtures, and a clean, contemporary design. The beautifully renovated kitchen features updated cabinetry, countertops, appliances, and plenty of space for everyday living and entertaining. Both bathrooms have been refreshed with modern finishes and fixtures, while all three bedrooms provide comfortable and flexible living space. With the remodeling already completed and major systems recently updated, this home is ready for its next owner to move in and enjoy. Outside, the property offers additional space for relaxing, entertaining, gardening, or creating your own backyard retreat.

360 Fisher Lane, Merritt Island
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