Merritt Island, FL
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    Property Types
    1
    • Retail
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    • Residential Income
    • Restaurants
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    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
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    Price
    Price
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    $

    Operating Costs & Financing

    Merritt Island property taxes are below the county average by 0.32 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $25.97 per sq ft
    Tax Rate (average for all types) 1.03%
    Tax Rate vs County Average 0.32 pp below county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Merritt Island.

    Leading Commercial Asset Segments

    Motels 1

    Merritt Island Demographics Overview

    Population 46K
    Population Growth (5Y) +2.9%
    Median Household Income $90,907
    College Educated 56.5%

    Top Neighborhoods for Investment

    Discover the areas of Merritt Island with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    32953 $150K - 3.7M $1.9M
    32952 $799K - 10M $5.4M

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