Merritt Island Homes under $400,000

Merritt Island Homes under $400,000

Welcome to Merritt Island, Florida—a hidden gem nestled in the heart of Brevard County! Known for its stunning natural beauty and vibrant community, Merritt Island offers an exceptional lifestyle for families, retirees, and everyone in between. With its proximity to the breathtaking beaches of the Atlantic Ocean and the lush landscapes of the Merritt Island National Wildlife Refuge, outdoor enthusiasts will find plenty of opportunities for exploration and adventure right at their doorstep.

The charm of Merritt Island extends beyond its scenic views. The area boasts a rich history and a welcoming atmosphere, making it a perfect place to call home. Residents enjoy a variety of shopping and dining options, as well as excellent schools and recreational facilities. Whether you’re taking a leisurely stroll along the waterfront or enjoying a day of fishing and boating, Merritt Island offers a lifestyle that’s both relaxed and invigorating.

For those looking to invest in a home, Merritt Island has an array of options available under $400,000. This price point opens the door to a diverse selection of properties, including charming single-family homes, cozy townhouses, and spacious condos. Many of these residences come equipped with modern amenities and are situated in family-friendly neighborhoods, making them ideal for first-time homebuyers or those seeking a peaceful retreat.

With its perfect blend of nature, community, and affordability, Merritt Island invites you to discover the joys of living in this vibrant region. Explore your options today and let Merritt Island be the backdrop for your next chapter!

Newest Merritt Island Homes under $400,000

105 Carib Drive, Merritt Island
$335,000
3 Beds ⋅ 2 Baths ⋅ Belaire Unit 02 SubDv. ⋅ 32952 Zip Code
Welcome home to this beautifully maintained coastal retreat on South Merritt Island! Tucked away in the peaceful Belaire subdivision, this classic block-construction 3-bedroom, 2-bathroom home offers 1,529 square feet of comfortable, stress-free living. Enjoy ultimate peace of mind with big-ticket structural updates already completed, including a newer roof installed in 2022 and a brand-new A/C system replaced in 2025. Inside, the home boasts a spacious, inviting layout centered around a cozy fireplace—perfect for relaxing evenings. The functional living space flows effortlessly out to a generous 0.19-acre lot, complemented by a spacious attached 2-car garage with plenty of storage. Location is everything! This property places you minutes away from premier Brevard County shopping, local dining, and top-rated schools including Tropical Elementary and Merritt Island High. With the major mechanicals taken care of, this home is ready for you to move in and add your personal touches. Schedule your private tour today!

105 Carib Drive, Merritt Island
4381 Timothy Drive, Merritt Island
$298,000
3 Beds ⋅ 2 Baths ⋅ Bella Vita Pud SubDv. ⋅ 32953 Zip Code
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
380 Hunt Drive, Merritt Island
$299,000
3 Beds ⋅ 2 Baths ⋅ Buttonwood Manor Sub SubDv. ⋅ 32953 Zip Code
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
360 Fisher Lane, Merritt Island
$242,000
3 Beds ⋅ 2 Baths ⋅ Merritt Island Village SubDv. ⋅ 32953 Zip Code
Auction Property. *** OWNER MOTIVATED 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
1455 Quince Avenue, Merritt Island
$249,900
3 Beds ⋅ 2 Baths ⋅ Harbor Estates Sec 3 SubDv. ⋅ 32952 Zip Code
This nice single-family home in Merritt Island is perfect for families. It has three bedrooms and two bathrooms. The eat-in kitchen is great for meals, and sliding glass doors lead to a screened patio in the backyard. The fenced yard offers privacy, and there are two carports for parking. There is also enough space for parking an RV/camper. With solar panels and a roof that is less than two years old, the home is energy-efficient. Located on a quiet cul-de-sac near Sykes Creek, it's just minutes from Cocoa Beach.

1455 Quince Avenue, Merritt Island
1515 Cunningham Avenue, Merritt Island
$219,900
2 Beds ⋅ 2 Baths ⋅ Harbor Estates Sec 1 SubDv. ⋅ 32952 Zip Code
Charming 2-bedroom, 2-bathroom single-family home located in the desirable Merritt Island area. This one-story home offers approximately 875 square feet of living space and sits on a spacious 0.17-acre lot. Located in the Harbor Estates Sec 1 subdivision with NO HOA, providing flexibility and convenience for the new owner. Enjoy the Merritt Island lifestyle with convenient access to local shopping, dining, recreation, and area attractions. Don't miss the opportunity to make this home your own!

1515 Cunningham Avenue, Merritt Island
265 Spring Dr Unit 1, Merritt Island
$167,900
2 Beds ⋅ 2 Baths ⋅ Summer Place Condominiums SubDv. ⋅ 32953 Zip Code
Welcome to an inviting opportunity in Summer Place, Merritt Island! This charming 2-bedroom, 2-bath first-floor corner/end-unit condo offers a comfortable layout, added privacy, and a convenient location close to everything that makes Merritt Island such a great place to call home. With additional windows throughout, the corner-unit location brings in plenty of natural light and creates a welcoming feel as you enter. The spacious layout features a large family room, separate dining area, inside laundry, and tile flooring throughout for easy everyday living and maintenance. Step through the family room onto the enclosed patio, the perfect spot to enjoy your morning coffee, relax in the evening, or simply have a little extra space to unwind. As a first-floor end unit, you'll enjoy the convenience of no stairs and only one upstairs neighbor, along with a small private backyard area that provides an added sense of privacy. The reasonably low HOA fee makes this an especially appealing opportunity for buyers looking for an affordable path to homeownership. Summer Place is a well-cared-for community with a central pool, playground, basketball court, and attractive lake area, creating a pleasant setting to enjoy the Florida lifestyle. The location is hard to beat. Just minutes from SR 528, you'll have easy access to Merritt Island's restaurants, shopping, entertainment, and everyday conveniences. Port Canaveral and numerous beaches are within approximately 30 minutes, while Orlando International Airport (MCO) is less than an hour away, making travel, work, and weekend getaways convenient. Whether you're a first-time homebuyer, looking to downsize, or searching for an affordable Central Florida property, this condo offers plenty of opportunity in a great location. And there may be more ways to make this home yours than you think! Multiple financing and down payment assistance options may be available to qualified buyers. Call today to learn more about available programs and see if you may qualify. Don't miss this opportunity to make Merritt Island your home. Schedule your private showing today!

265 Spring Dr Unit 1, Merritt Island
300 S Sykes Creek Parkway Unit 105, Merritt Island
$329,000
3 Beds ⋅ 2 Baths ⋅ Merritt Towers SubDv. ⋅ 32952 Zip Code
Welcome to waterfront living at Merritt Towers! This beautifully maintained, furnished 3-bedroom, 2-bath residence offers the rare convenience of first-floor living with the feel of a single-family home and incredible views of Sykes Creek. Step through the sliders onto your expansive screened (and slider) lanai and enjoy a front-row seat to Florida wildlife—watch dolphins, manatees and boats pass by right from your backyard. Even better, walk directly from your back porch to the scenic waterfront boardwalk! Inside, the spacious floor plan is move-in ready and freshly painted, featuring plantation shutters, upgraded bathrooms, a wet bar perfect for entertaining and generous storage throughout. The residence is being offered furnished and includes a covered carport. Merritt Towers is a gated waterfront community offering two riverfront pools, hot tub, sauna, tennis and pickleball courts, shuffleboard, clubhouses, BBQ areas and a scenic waterfront boardwalk. Ideally located near shopping, restaurants, Merritt Square, Veterans Memorial Park and the new hospital, with Cocoa Beach, Port Canaveral and the best of Florida's Space Coast just a short drive away. Whether you're enjoying morning coffee on the lanai, watching dolphins play in Sykes Creek or catching a rocket launch from the waterfront, this is Florida living at its best. First-floor waterfront residences with this combination of space, views and direct outdoor access are a rare find—come see what makes Merritt Towers so special!

300 S Sykes Creek Parkway Unit 105, Merritt Island
3079 Sea Gate Circle, Merritt Island
$299,900
2 Beds ⋅ 2 Baths ⋅ Sea Gate SubDv. ⋅ 32953 Zip Code
Virtually Staged. A rare find in Sea Gate Circle! This well-maintained, 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
920 Garden Road, Merritt Island
$399,000
5 Beds ⋅ 2 Baths ⋅ Garden Park Rep SubDv. ⋅ 32952 Zip Code
Discover this beautifully updated 5-bedroom, 2-bath pool home with no HOA! Offering plenty of space for family and entertaining, this move-in ready home features a long list of major upgrades for added peace of mind. Enjoy a new roof (November 2025), HVAC (2022), complete home replumb (2022), full electrical rewire with new electrical panel (2022), and an epoxy-coated garage floor (2022). Step outside to your private backyard oasis where the pool and pool deck were resurfaced in 2023, creating the perfect space to relax or entertain year-round. With no HOA restrictions and so many big-ticket improvements already completed, this home is ready for its next owners to move in and enjoy!

920 Garden Road, Merritt Island
505 Belair Avenue, Merritt Island
$325,000
3 Beds ⋅ 2 Baths ⋅ Hampton Homes Unit 08 SubDv. ⋅ 32953 Zip Code
Welcome to 505 Belair Ave, Merritt Island, FL! This beautifully renovated 3-bedroom, 2-bathroom home offers the perfect combination of modern updates, functional living space, and an unbeatable location on Florida’s Space Coast. Recently remodeled from top to bottom, this move-in-ready property features a spacious open-concept floor plan, a large living area perfect for entertaining, and a stylish kitchen equipped with brand-new stainless-steel appliances. Downstairs, you’ll find a generously sized bonus room that provides endless possibilities for a home office, game room, fitness area, media room, or additional living space. The oversized two-car garage offers plenty of room for vehicles, storage, and hobbies. Situated on a large lot, the property boasts a spacious yard with ample room for outdoor entertaining, gardening, pets, or future additions. Conveniently located just minutes from the beaches, residents can enjoy quick access to the Atlantic Ocean, boating, fishing, and all the outdoor recreation the Space Coast is known for. This prime Merritt Island location also places you near shopping, dining, parks, highly rated schools, Port Canaveral, and the world-famous Kennedy Space Center. With easy access to major roadways, commuting to Cocoa Beach, Cape Canaveral, Melbourne, and Orlando is a breeze. Don’t miss this opportunity to own a fully renovated home in one of Merritt Island’s most desirable and convenient locations. Schedule your private showing today!

505 Belair Avenue, Merritt Island
48 Hepburn Place, Merritt Island
$253,000
2 Beds ⋅ 2 Baths ⋅ Townhomes & Villas Diana SubDv. ⋅ 32953 Zip Code
This beautifully-maintained 2-bedroom, 2-bath townhome is centrally-located in the sought-after Townhomes and Villas of Diana Shores of Merritt Island. Featuring an open floor plan, this home features tile flooring and newer carpet throughout. The bright kitchen features newer appliances, solid wood cabinetry and plenty of storage and counter space. The spacious and private fully-fenced backyard features a screened lanai, perfect for relaxing. An attached 1-car garage with washer & dryer hookups adds convenience. Residents of this pet friendly community enjoy a pool and lawncare included in the very low HOA fee. Perfectly located near the 528 Beachline and 520, minutes from Orlando airport, KSC, Port Canaveral shopping & dining, and the beaches. With a 3-month rental minimum, this home is ideal for a low-maintenance investment or everyday living. Schedule your showing today!

48 Hepburn Place, Merritt Island
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