Merritt Island Homes under $400,000

Merritt Island Homes under $400,000

Welcome to Merritt Island, Florida—a hidden gem nestled in Brevard County, where the beauty of the Space Coast meets the charm of suburban living. Known for its lush landscapes and proximity to the stunning Indian River Lagoon, Merritt Island offers a unique blend of nature and community, making it an ideal place for families, retirees, and everyone in between.

Merritt Island is not only home to the Kennedy Space Center but also boasts a rich tapestry of parks, recreational areas, and scenic waterways. Enjoy weekends exploring the Merritt Island National Wildlife Refuge, where you can witness diverse wildlife and stunning natural vistas. With its convenient location, residents can easily access the pristine beaches of Cocoa Beach and the vibrant culture of nearby Melbourne.

If you're in the market for a home in Merritt Island, you'll be pleased to discover a variety of options available under $400,000. This price point opens the door to charming single-family homes, cozy townhouses, and even some delightful waterfront properties. Whether you’re looking for a starter home or a tranquil retreat, Merritt Island has something to suit every taste and budget.

With a strong sense of community and a welcoming atmosphere, Merritt Island is more than just a place to live; it’s a lifestyle. Experience the warmth of Florida living in a region that offers both adventure and tranquility. Explore your options today and see why Merritt Island is the perfect place to call home!

Newest Merritt Island Homes under $400,000

380 Hunt Drive, Merritt Island
$299,000
3 Beds ⋅ 2 Baths ⋅ S5158440 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
22 Ocean Street, Merritt Island
$349,900
3 Beds ⋅ 2 Baths ⋅ O6445697 MLS
Virtually Staged. Welcome to this beautifully renovated 3-bedroom, 2-bath pool home, extensively updated in 2026 with a fresh, modern interior and numerous improvements throughout. This concrete-block residence offers a functional floor plan, an attached 1-car garage, public water and sewer, and NO HOA. Step inside to find new luxury vinyl plank (LVP) flooring throughout the main living areas and bedrooms, fresh interior paint, new baseboards, new interior doors, and updated light fixtures. The renovated kitchen features new cabinetry, quartz countertops, tile backsplash, new sink and faucet, and new Samsung appliances, including refrigerator, range, dishwasher, and microwave with hood. Both bathrooms have been fully updated with new flooring, tile, quartz countertops, vanities, sinks, faucets, fixtures, toilets, lighting, and fresh paint. The primary bedroom features a private ensuite bathroom and closet. Outside, enjoy your own screened-in pool and private outdoor retreat. The pool was refreshed in 2026 with epoxy refinishing, a new pump, new filter, and new lighting, along with a replaced screen enclosure (only the screen was replaced, not the structure). Fresh exterior paint and updated landscaping further enhance the home’s curb appeal. Additional improvements include a NEW WATER HEATER (2026), a 2019 shingle roof, central A/C, gutters, and an updated exterior wood door. The property also features a separate laundry room located behind the garage. With 2026 renovations, this move-in-ready Florida home combines modern finishes with comfortable everyday living. Schedule your private showing today!

22 Ocean Street, Merritt Island
360 Fisher Lane, Merritt Island
$245,000
3 Beds ⋅ 2 Baths ⋅ S5158334 MLS
Auction Property. 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 ⋅ O6443880 MLS
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 ⋅ O6438429 MLS
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 ⋅ O6432574 MLS ⋅ 265 BLDG.
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
160 Carib Drive, Merritt Island
$306,000
3 Beds ⋅ 2 Baths ⋅ O6434025 MLS
160 Carib Dr is a one-story home on Merritt Island. New HVAC! The kitchen features stainless steel appliances, bright cabinetry, and light countertops with generous workspace for meal prep. An open living area connects to the rest of the layout. The primary bedroom is the largest of the bedrooms, with an attached bath and a tiled shower stall. Out back, a covered patio overlooks a fully fenced yard. An attached two-car garage adds parking and storage. Neutral interior finishes throughout. A 100-Day Home Warranty is included with buyer activation.

160 Carib Drive, Merritt Island
300 S Sykes Creek Parkway Unit 105, Merritt Island
$329,000
3 Beds ⋅ 2 Baths ⋅ S5155743 MLS ⋅ Merritt Towers BLDG.
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 ⋅ O6429293 MLS
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 ⋅ O6420851 MLS
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
$349,000
3 Beds ⋅ 2 Baths ⋅ O6418610 MLS
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
225 S Tropical Trail Unit 312, Merritt Island
$185,000
2 Beds ⋅ 2 Baths ⋅ S5151425 MLS ⋅ 225 BLDG.
Welcome to Sunset Bay, one of Merritt Island's most desirable gated waterfront communities. This beautifully maintained 2-bedroom, 2-bath condominium offers an open-concept floor plan, spacious living areas, and a large walk-in closet. The kitchen features stainless steel appliances, and the unit includes a full-size washer and dryer for added convenience. Enjoy resort-style amenities including an Olympic-size swimming pool, spa, fitness center, tennis courts, clubhouse, fishing pier, walking trails, watercraft storage, and lush tropical landscaping. Conveniently located just minutes from Cocoa Beach, Port Canaveral, shopping, dining, and the Kennedy Space Center, this property offers the perfect blend of comfort, convenience, and Florida coastal living. Pet-friendly community with ample resident and guest parking

225 S Tropical Trail Unit 312, Merritt Island
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