N Merritt Island Homes under $500,000

N Merritt Island Homes under $500,000

Welcome to North Merritt Island, a hidden gem nestled in the heart of Brevard County, Florida. This charming area is renowned for its picturesque landscapes, friendly community, and convenient access to some of the most beautiful beaches and outdoor adventures that the Space Coast has to offer. With its lush greenery, serene waterways, and proximity to the Indian River Lagoon, North Merritt Island is perfect for nature enthusiasts and families alike.

One of the standout features of North Merritt Island is its diverse range of homes available for under $500,000. Whether you're a first-time homebuyer, looking to downsize, or seeking a vacation retreat, you'll find an array of options that cater to various lifestyles and preferences. From cozy single-family homes with spacious backyards to modern townhouses with contemporary finishes, there’s something for everyone in this vibrant community.

Living in North Merritt Island means enjoying a laid-back lifestyle while still being close to urban conveniences. You'll find excellent schools, shopping centers, and dining options just a short drive away. Plus, with the nearby Merritt Island National Wildlife Refuge and Cape Canaveral National Seashore, outdoor activities such as hiking, bird watching, and fishing are right at your doorstep.

If you're searching for an affordable home in a peaceful setting with easy access to Florida’s stunning coastlines, North Merritt Island is the perfect place to call home. Discover the charm and warmth of this delightful region today, and let your dream home become a reality!

Newest N Merritt Island Homes under $500,000

232 Ivory Coral Lane Unit 101, Merritt Island
$369,900
3 Beds ⋅ 3 Baths ⋅ 1090219 MLS
No rental restrictions! GORGEOUS, UPDATED TOWNHOME! Buy one unit or you can buy all three and own the whole building! With resort-style amenities, and a fantastic location in this beautifully updated 3-bedroom, 2.5-bathroom townhome in Cape Crossing Resort & Marina! Featuring stylish modern fixtures, stainless steel appliances, a breakfast bar, window treatments, hurricane-impact windows, and a convenient one-car garage designed for comfortable Florida living. All three bedrooms are located on the second floor, along with two full bathrooms, while a convenient half bath is located on the first floor. The spacious primary suite features a walk-in closet and walk-in shower. Step outside onto your private balcony and enjoy a partial canal view—the perfect spot to relax and unwind. Enjoy the peaceful surroundings of this wonderful community, complete with resort-style amenities including a sparkling community pool, hot tub, fitness room, clubhouse, and waterfront Tiki Bar.

232 Ivory Coral Lane Unit 101, Merritt Island
4575 Annette Court, Merritt Island
$499,900
4 Beds ⋅ 3 Baths ⋅ 1089872 MLS
OVER HALF AN ACRE PRIVATE LOT, IMPACT WINDOWS & a MASSIVE 700 SQFT GARAGE/WORKSHOP, 2 Screened Porches! This updated home has room to entertain, enjoy, and bring all your toys! Mature trees, an oversized driveway, & a large front porch with columns welcome you home. The kitchen features stylish concrete countertops, a gorgeous backsplash, stainless steel appliances, a pantry, a breakfast bar, & vaulted ceilings in the dining room. Beautiful porcelain tile throughout the main living areas and ceramic tile in the guest quarters. The SPLIT FLOOR PLAN is ideal for those needing an IN-LAW SUITE! One side offers its own entrance through a covered, screened porch, a bedroom, full bathroom, and flex room. A rustic barn door provides privacy from the main living space. On the other side of the home is the HUGE primary suite! Bring your boats, motorcycles, trailers, and toys! The oversized 700 SQFT 2-car garage/workshop comes complete with power & water, plus 30-amp power for your RV. Enjoy the SPACE COAST LIFESTYLE! Conveniently located in North Merritt Island with easy access to Kennedy Space Center, Blue Origin, and major aerospace employers, plus Cape Canaveral, Cocoa Beach, and Port Canaveral! Nearby boat launches, including Kelly Park, make it easy to spend the day on the water. Parks, A-rated schools, shopping, and dining nearby—enjoy space and privacy while staying close to everything Florida living has to offer!

4575 Annette Court, Merritt Island
4381 Timothy Drive, Merritt Island
$298,000
3 Beds ⋅ 2 Baths ⋅ 1089116 MLS
Located in Osprey Village, a gated 55+ community in North Merritt Island, this 3-bed, 2-bath home offers serene wetland and Sykes Creek views from its private screened lanai. The lanai is the centerpiece of the outdoor space, featuring stone flooring and a full outdoor kitchen. Inside, tall ceilings and wide sliding doors provide abundant natural light, with tile flooring flowing through the main living areas. The kitchen has solid wood cabinets, a breakfast bar, and a spacious pantry. The primary has sliders to the lanai, two walk-in closets, and an en suite with a double vanity, walk-in shower, and a soaking tub. All bedrooms are carpeted for comfort. The attached 2-car garage and laundry with included washer/dryer add convenience. Residents enjoy a pool, bocce ball court, and being minutes to the beaches with a great view of rocket launches. The HOA covers cable, internet, lawn care, exterior maintenance and roof replacement -- completed in 2020. Low-maintenance living awaits!

4381 Timothy Drive, Merritt Island
285 Hickory Avenue, Merritt Island
$329,000
3 Beds ⋅ 2 Baths ⋅ 1088805 MLS
Discover the charm of this inviting house located at 285 Hickory Ave, Merritt Island, FL. This spacious home accords 1730 square feet of living space, providing ample room for comfortable living. With three well-proportioned bedrooms, the property ensures privacy and relaxation for all residents. This house has a new Kitchen an impact windows an new hot water tank an 5 camera security on a DVR. The home's layout promotes a seamless flow between rooms, enhancing both functionality and style. The property's prime location in Merritt Island accords the convenience of nearby amenities and attractions while providing a peaceful setting.

285 Hickory Avenue, Merritt Island
211 Ivory Coral Lane Unit 104, Merritt Island
$379,500
3 Beds ⋅ 3 Baths ⋅ 1087777 MLS
THE BEST PRICED TOWNHOUSE In CAPE CROSSING & AN END UNIT! Enjoy Waterfront Paradise at a Steal Price! IMPACT WINDOWS + METAL ROOF. No Minimum Rental Restrictions, Perfect Vacation Rental + Comes Fully Furnished. The only townhouse with waterfront views from primary bedroom. End units provide enhanced privacy + four additional impact windows, illuminating the space with natural light. Priced well below recent sold and active comps, offering exceptional value. 3 Bedrooms, 2.5 Bathrooms, and turnkey ready for daily vacation rentals. Cape Crossing is a waterfront, full-service resort, one of the few places in Merritt Island zoned for short-term vacation rentals. Great opportunity for investors or snowbirds. Enjoy Florida part-time and generate income while you're away. The community boasts resort-style amenities: large heated pool, gym with sauna, and clubhouse. Walking distance to Dolphins Waterfront Bar & Grill, grab food and enjoy live music!

211 Ivory Coral Lane Unit 104, Merritt Island
4008 Judith Avenue Unit 12, Merritt Island
$345,000
3 Beds ⋅ 2 Baths ⋅ 1086233 MLS
Preserve views, a 2023 roof, and a gated 55+ lifestyle in Heron Village of Cedar Creek. This 3-bedroom, 2-bath detached home gives you single-family privacy with land-condo ease, because the landscaping is done for you. Relax on the spacious screened lanai with summer kitchen, overlooking a quiet preserve where wildlife sightings are part of the view. Inside you'll find cathedral ceilings, crown molding, an open split floor plan, a walk-in pantry, and storm shutters. The big updates are done: roof (2023), A/C (2020), and water softener (2023). It's also move-in fresh, with new interior paint, professionally cleaned carpets, and a pressure-washed exterior. Spend your days at the heated pool and new pavilion, on the tennis and pickleball courts, or at shuffleboard and horseshoes, with RV/boat storage on site. Active or relaxed, it's your choice. Schedule your private showing today.

4008 Judith Avenue Unit 12, Merritt Island
725 Manderine Street, Merritt Island
$354,900
4 Beds ⋅ 2 Baths ⋅ 1086867 MLS
REDUCED! Beautifully renovated home in convenient location in move in condition(new paint in and out and professionally cleaned) This home has eat-in Kitchen and an inside laundry room. The roof was replaced in 2017. The work shop/ storage shed is great for hobbies or lawn equipment. The 2 car garage has hurricane door and freshly painted floor. The patio overlooks a huge back yard with room for pool. This house is sold ''AS IS''

725 Manderine Street, Merritt Island
202 Ivory Coral Lane Unit 302, Merritt Island
$494,900
1085333 MLS
Cape Crossing, a newer waterfront marina/resort is ideal as a private residence or absentee investor with onsite property management handling all the details. Planning a winter retreat or a family vacation has never been easier because of all the activities available to the entire family. Plan a day at the beach, kayak, pontoon boat, paddle board rentals are available for exploring the rivers/canal and a relaxing afternoon paddle. Tastefully furnished waterfront condo is located along the Canaveral Barge Canal just minutes from the Orlando attractions, Port and ocean access by boat with access to the marina, waterfront restaurant, tiki bar, under-building parking, heated swimming pool, fitness center with state-of-the-art exercise equipment and stunning views of Cape Canaveral launches make this property very appealing. Perfect for absentee investors, the onsite management team takes the hassle out of marketing and maintaining this upscale, fully furnished home. Go to CapeCrossing.com

202 Ivory Coral Lane Unit 302, Merritt Island
2720 Cutlass Point Lane Unit 103, Merritt Island
$384,900
3 Beds ⋅ 3 Baths ⋅ 1083806 MLS
Escape to your own slice of paradise in this fully furnished 3 bed, 2.5 bath waterfront townhome in the sought after Cape Crossing Resort & Marina. Built in 2018 with a metal roof & impact windows! Designed for full time living, a vacation getaway, or an income producing investment, this Key West inspired home features an open floor plan, travertine flooring, granite countertops, stainless steel appliances, and upscale coastal finishes. Enjoy resort style amenities including a marina, community pool, spa, clubhouse, fitness center, sauna, boat and kayak rentals, on site restaurant, and live music. The navigable canal offers direct access to the Indian River and Banana River. With no daily rental restrictions, this is an exceptional investment opportunity. Ideally located just minutes from Cocoa Beach, Kennedy Space Center, Orlando International Airport, and Disney. Watch rocket launches from your porch and enjoy the ultimate Florida waterfront lifestyle.

2720 Cutlass Point Lane Unit 103, Merritt Island
505 Belair Avenue, Merritt Island
$325,000
3 Beds ⋅ 2 Baths ⋅ 1083641 MLS
Welcome to 505 Belair Ave., Merritt Island! This beautifully renovated 3-bedroom, 2-bath home is move-in ready and offers modern updates throughout. The open-concept floor plan features a spacious living area and a stylish kitchen with brand-new stainless-steel appliances. A large downstairs bonus room provides flexible space for a home office, media room, gym, or playroom. The oversized two-car garage offers ample storage, while the large backyard is perfect for entertaining, pets, gardening, or future additions. Ideally located just minutes from beaches, boating, fishing, shopping, dining, parks, Port Canaveral, Kennedy Space Center, and major roadways, this home offers convenient access to Cocoa Beach, Cape Canaveral, Melbourne, and Orlando. Schedule your private showing today!

505 Belair Avenue, Merritt Island
315 Nice Court, Merritt Island
$219,900
3 Beds ⋅ 2 Baths ⋅ 1083541 MLS
4 year old home with LAND and a VERY motivated seller, offering a buyer credit! Built in 2022, this furnished and MOVE-IN READY home on a very spacious corner with city water is ready for you to call it YOURS now! This home has NO HOA, no lot rent! Featuring an open floor plan with 3 bedrooms & 2 full bathrooms, the open concept living area is perfect for any one or any family. You will have peace of mind moving into a newer built home where the outside has plenty of space to park recreation vehicles, a detached concrete shed & 3 concrete pads perfect for BBQs & Florida lifestyle. If you work at NASA, Cape Canaveral, Blue Origin, or SpaceX, this home will make your commute short & smooth. A short drive to many popular beaches, Orlando destinations, city parks and nature preserves with kayaking and SUPs, while still close to restaurants and shopping with all that Merritt Island has to offer. MAKE YOUR APPOINTMENT TO SEE THIS AMAZING HOME TODAY!

315 Nice Court, Merritt Island
3079 Sea Gate Circle, Merritt Island
$290,000
2 Beds ⋅ 2 Baths ⋅ 1083073 MLS
A rare find in Sea Gate Circle! This well-maintained Duplex, 1586 square-foot home features 2 bedrooms, 2 bathrooms, and a 2 car garage. Enjoy peace of mind with major recent updates, including a new roof (2021), a new A/C system November 2022) and a new septic system (June 2023). Relax on your spacious screened-in back porch, perfect for entertaining or enjoying Florida's beautiful weather. A large shed for storage. Ideally located near the Space Center, area beaches, Port Canaveral cruise terminals, shopping, dining and with convenient access to the Beachline(SR 528), this home offers both comfort and convenience. Don't miss this exceptional opportunity to own a move-in-ready home in a highly desirable location!

3079 Sea Gate Circle, Merritt Island
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