Merritt Island, FL - Merritt Park Place, Merritt Island, FL

Merritt Island, FL - Merritt Park Place — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Merritt Island, FL - Merritt Park Place, Merritt Island, Florida. Explore the cited sources and local facts below while agent underwriting continues.

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Merritt Island, FL - Merritt Park Place Neighborhood Overview

Merritt Park Place is a residential neighborhood located on the northern end of Merritt Island, Florida. This community offers a classic suburban lifestyle with convenient access to the area's natural waterways and major thoroughfares. Its central location provides residents with a quiet retreat that is still close to essential amenities and coastal attractions.

Lifestyle & Amenities

Residents enjoy a relaxed, family-friendly atmosphere with proximity to the Indian River Lagoon and the Atlantic Ocean. The neighborhood is situated near shopping centers, local restaurants, and recreational parks. Outdoor enthusiasts appreciate easy access to boating, fishing, and wildlife viewing in the surrounding natural preserves.

Real Estate Market

The real estate market in Merritt Park Place is active and desirable, with a high homeownership rate of 86%. The median home value is $376,300, and properties move quickly, averaging just 9 days on the market. Rental options are available, with a median monthly rent of $1,221.

Schools & Education

Families in Merritt Park Place are served by the Brevard Public Schools district. The neighborhood is zoned for several public schools at the elementary, middle, and high school levels. The area's median household income of $87,148 reflects a community that values and supports educational opportunities.

Transportation & Connectivity

The neighborhood is well-connected by major roads like Courtenay Parkway and State Road 528 (the Beachline Expressway), providing quick routes to the mainland and Cocoa Beach. While primarily car-dependent, the area offers straightforward commutes to the Kennedy Space Center, Melbourne, and the Orlando metro area via SR 528.

Why Choose Merritt Island, FL - Merritt Park Place

Merritt Park Place is an excellent choice for those seeking a stable, owner-occupied community with a strong sense of neighborhood. Its combination of affordable Florida living, swift market activity, and prime location between the river and the coast provides a high quality of life. The area offers a balanced lifestyle ideal for families, professionals, and retirees alike.

Merritt Island, FL - Merritt Park Place Market Data

MetricValue
Median Home Price$376K
Median Gross Rent$1K/mo
Median Household Income$87K
Homeownership Rate85.5%
Renter-Occupied14.5%
Rental Vacancy Rate16.5%
Market TypeBuyer's
Market TierUpper-Mid
Primary ZIP Code32952

Top Real Estate Agents in Merritt Island, FL - Merritt Park Place, Merritt Island

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