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Luxury Homes for Sale in Merritt Island, FL

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Map of Merritt Island Luxury Homes for Sale

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Merritt Island, FL Housing Market Trends

What is the housing market like in Merritt Island today? In May 2024, Merritt Island home prices were down 18.6% compared to last year, selling for a median price of $395K. On average, homes in Merritt Island sell after 42 days on the market compared to 61 days last year. There were 71 homes sold in May this year, up from 65 last year.

$395,000

Median Sale Price

71

# of Homes Sold

42

Median Days on Market

Merritt Island Luxury Lifestyle

Your Guide To The

Merritt Island Luxury Lifestyle

By Stephanie Moss Dandridge

Merritt Island, FL, situated along Florida's stunning Space Coast, is a premier destination for luxury living. Known for its breathtaking waterfront properties and close proximity to the Kennedy Space Center, Merritt Island offers a unique blend of serene natural beauty and cutting-edge innovation. Luxury homes in Merritt Island range from expansive estates with private docks to sophisticated modern residences boasting panoramic views of the Indian River and Banana River. The area is renowned for its lush landscapes, scenic waterways, and easy access to pristine beaches, making it a haven for those seeking an upscale lifestyle in a tranquil setting. With its diverse array of high-end properties, Merritt Island provides an exceptional living experience for discerning buyers looking for the perfect balance of luxury and comfort.

Living in Merritt Island means embracing a lifestyle of elegance and convenience. The island’s luxury properties are often designed to maximize outdoor living, featuring expansive terraces, resort-style pools, and lush gardens that create a private oasis for residents. The community is vibrant and welcoming, with a rich array of amenities that cater to both relaxation and recreation. From world-class golf courses and marinas to boutique shopping and fine dining, Merritt Island offers everything you need to enjoy a refined and fulfilling lifestyle. For those seeking a luxurious and peaceful retreat with easy access to both natural beauty and metropolitan conveniences, Merritt Island stands out as an unparalleled choice.

Merritt Island Housing & Community FAQs

Merritt Island, FL, offers a range of luxury properties including waterfront estates, custom-built homes, sprawling single-family residences, and high-end condos. Many of these properties feature private docks, expansive views of the Indian River or the Banana River, and lush tropical landscaping.

The price range for luxury properties in Merritt Island typically starts around $1 million and can exceed $5 million or more, depending on the location, size, and amenities. Waterfront properties and homes with direct river or ocean access generally command higher prices.

Luxury homes in Merritt Island often include high-end finishes, gourmet kitchens with premium appliances, spacious master suites with spa-like bathrooms, and extensive outdoor living areas with pools and entertainment spaces. Many properties also offer private docks, boat lifts, and panoramic water views.

Merritt Island is desirable for its beautiful waterfront locations, proximity to Cocoa Beach and the Kennedy Space Center, and a blend of serene residential areas with convenient access to urban amenities. The area offers a relaxed coastal lifestyle with abundant recreational opportunities.

Potential buyers can find luxury properties for sale in Merritt Island by searching online real estate listings, consulting with local real estate agents like Stephanie Dandridge, who specializes in luxury homes, and visiting the area to tour available properties.

 

Buyers should consider the property’s waterfront location, proximity to amenities like marinas and shopping centers, the quality and style of construction, and the potential for property value appreciation. It’s also important to evaluate flood insurance requirements and any homeowner association (HOA) regulations.

 

Yes, Merritt Island offers many waterfront luxury properties along the Indian River, Banana River, and various canals. These homes provide direct water access, stunning views, and are ideal for boating enthusiasts and those seeking a serene waterfront lifestyle.

Notable neighborhoods in Merritt Island for luxury properties include South Tropical Trail, Honeymoon Hill, and Harbor Point. These areas are renowned for their exclusive residences, large lots, and prime waterfront locations, offering a high standard of living and privacy.

Residents of luxury homes in Merritt Island enjoy access to upscale amenities such as private marinas, golf courses, fine dining, boutique shopping, and cultural venues. The area also offers easy access to outdoor activities like boating, fishing, and kayaking, enhancing the coastal living experience.

Merritt Island’s coastal location significantly enhances the value of luxury properties due to the desirable waterfront settings, scenic beauty, and access to the Atlantic Ocean and intercoastal waterways. The area’s popularity for both primary residences and vacation homes drives strong demand and contributes to property value appreciation.

Merritt Island Area Overview

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STEPHANIE DANDRIDGE

Fluent in five languages and with a background in Contracts and Law, a BS in Marketing, an MBA, and a MIM in International Marketing and Diplomatic Relations, Stephanie has elevated her business to an elite class of Real Estate professionals.

Counting among her clients numerous distinguished business and community leaders. Specializing in luxury oceanfront, waterfront, Intracoastal, and golf communities, she is trusted with the most exclusive properties in Brevard County due to her deep connections with the area.

License #3273655

LUXURY REAL ESTATE EXPERT

(321) 243-1218

[email protected]

WHAT HER CLIENTS SAY

Stephanie & Scott provided for a top-notch experience. The process was simple, easy, and enjoyable. I would highly recommend them on the listing or purchasing side, and would love to work with them again!

— Corey Runte

WHAT HER CLIENTS SAY

Stephanie helped us sell our home during a particularly hard time in our lives. Stephanie's sympathetic approach in handling our needs, along with her attention to detail was impressive as much as it was appreciated. Our home was listed/priced with the most current market conditions in mind, and Stephanie made sure to display it beautifully throughout multiple listing sites. Stephanie also made sure to k...

— Bill P.

WHAT HER CLIENTS SAY

Stephanie and her team went above and beyond to make this deal happen for us. We found Stephanie after we found the house. As we live in another state, she took us on a Facetime tour of the house and gave us the information we needed to decide whether or not to pursue this property. We had a great deal of difficulty with the seller representative, but Stephanie researched and found the right people to ta...

— Jim & Gail J.

Work With Stephanie

Stephanie's extensive knowledge and connections in the Melbourne area have resulted in record-breaking sales year after year. Whether you are buying or selling, Stephanie provides the highest level of service possible and will help you get top value.

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