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, where the beauty of nature meets the vibrancy of community living. This charming island is bordered by the Indian River and the Atlantic Ocean, offering residents a unique blend of coastal lifestyle and suburban comfort. With its lush landscapes, abundant wildlife, and proximity to the Kennedy Space Center, Merritt Island is not just a place to live; it’s a lifestyle to embrace.

For those seeking affordable housing options, Merritt Island has a variety of homes available for under $400,000. This makes it an ideal choice for first-time homebuyers, families, and retirees alike. You’ll find delightful single-family homes, cozy townhouses, and spacious condos that perfectly fit your budget and lifestyle needs. Many properties boast beautiful outdoor spaces, perfect for enjoying the Florida sunshine, and some are even just a short drive from the stunning beaches that the Space Coast is famous for.

Living in Merritt Island means you’ll have access to excellent schools, parks, and recreational facilities. Explore the nearby Merritt Island National Wildlife Refuge, where you can hike, birdwatch, or simply take in the breathtaking scenery. With a friendly atmosphere, vibrant local shops, and a strong sense of community, Merritt Island truly feels like home.

Whether you’re looking for a peaceful retreat or an active lifestyle, Merritt Island offers it all—without breaking the bank. Discover your dream home here today and experience the charm of this beautiful Florida island!

Newest Merritt Island Homes under $400,000

225 S Tropical Trail Unit 302, Merritt Island
$189,000
2 Beds ⋅ 2 Baths ⋅ 1090305 MLS
Enjoy the Florida waterfront lifestyle! Nestled in a lushly landscaped, gated Intracoastal community, this inviting 2-bedroom, 2-bath condo features wood laminate flooring throughout, a beautifully remodeled kitchen with white cabinetry and stainless steel appliances, and updated bathroom vanities and hardware. Resort-style amenities include a community pool, hot tub, fitness center, tennis courts, fishing dock, and paddlecraft launch. Boat and trailer storage available when space permits. Conveniently located near beautiful beaches, shopping, dining, and quick access to Orlando and Cape Canaveral's cruise terminals. Your Florida coastal lifestyle awaits!

225 S Tropical Trail Unit 302, Merritt Island
105 Carib Drive, Merritt Island
$335,000
3 Beds ⋅ 2 Baths ⋅ 1090296 MLS
Welcome to this inviting house located at 105 Carib Dr in Merritt Island, FL. This spacious home boasts 2,262 square feet of living area, providing ample room for comfortable living. With three bedrooms, the property accords a versatile layout to suit various needs. Situated on a 0.19-acre lot, the outdoor space presents opportunities for gardening, relaxation, and entertainment. The home's interior is designed to accommodate your lifestyle, generous space for dining and living. The property's location in Merritt Island provides easy access to local amenities and the natural beauty of the area. Whether you're relaxing indoors or enjoying the outdoor space, this house is ready to welcome you home with its blend of comfort and convenience.

105 Carib Drive, Merritt Island
135 S Kenneth Court, Merritt Island
$259,900
2 Beds ⋅ 2 Baths ⋅ 1090254 MLS
Welcome to this 2 bedroom 1.5 bath home 1 car garage . The functional floor plan features a spacious living room, separate dining area and bright kitchen with white cabinetry, a center island and breakfast-bar seating. Wood-look flooring flows throughout the main living areas and bedrooms for easy maintenance. Conveniently located near shopping, dining, schools, major roadways and the recreational attractions of Florida's Space Coast. Whether you are searching for a primary residence, seasonal retreat or investment opportunity, this Merritt Island home offers affordability and plenty of potential.

135 S Kenneth Court, Merritt Island
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
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
481 Orange Avenue, Merritt Island
$295,000
3 Beds ⋅ 2 Baths ⋅ 1089940 MLS
South Merritt Island 3 bedroom 2 bath home. This property features a screened porch, versatile bonus room (not included in the square footage), & an enclosed storage area with washer and dryer included. This home is conveniently located in a desirable location that combines easy access to the beaches, dining, schools and more. Located in a quiet neighborhood, with convenient access to main roads, shopping, and nearby amenities. Newer roof, plumbing and AC. South Merritt Island 3 bedroom 2 bath home. This property features a screened porch, versatile bonus room (not included in the square footage), & an enclosed storage area with washer and dryer included. This home is conveniently located in a desirable location that combines easy access to the beaches, dining, schools and more. Located in a quiet neighborhood, with convenient access to main roads, shopping, and nearby amenities. Newer roof, plumbing and AC.

481 Orange Avenue, 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
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
225 S Tropical Trail Unit 610, Merritt Island
$170,000
2 Beds ⋅ 1 Baths ⋅ 1089683 MLS
Welcome to waterfront living at Sunset Bay! This 2-bedroom, 1-bath condo offers beautiful views of the Indian River! Featuring vaulted ceilings and laminate flooring throughout, creating a fresh and open feel. Enjoy a relaxed resort-style lifestyle in this gated Merritt Island community with a sparkling pool and spa, fitness center, clubhouse, tennis and basketball courts, walking paths, BBQ areas, riverfront dock, kayak/canoe storage and convenient car wash area. Spend your days relaxing by the water, enjoying the community amenities or watching stunning sunsets over the Indian River. Ideally located just minutes from Cocoa Village, Cocoa Beach, shopping, dining and major roadways, this condo is perfect as a full-time residence, coastal getaway or investment opportunity. Don't miss your chance to enjoy the best of the Florida coastal lifestyle in a desirable waterfront community! Updates: Electrical Panel (2020), bathroom (2018/2024), kitchen (2018), A/C: 2020, W/H 2026

225 S Tropical Trail Unit 610, 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
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