Merritt Island

Marina Village Condominium

Marina Village Condominium — intercoastal / waterway condo on the Space Coast, $555K median sale, ~$934/mo HOA.

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Live the MaxLife.

$555K

Median Price

$555K – $555K

$934–$934

Monthly HOA

2005

Established

Brevard Public Schools (verify zoning by address)

School Zone

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Stellar MLS · 2026-04-26 · 1 closed sale

Recent market data

Median sold

$555,000

$555K – $555K

$/sqft

$244

Median DOM

67

days on market

HOA

$934/mo

Median sqft: 2,279Median year built: 2005

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Background

A brief history

Marina Village Condominium sits on the intercoastal / lagoon waterway in Merritt Island. Built 2005. Direct waterway frontage with the amenity package below, which is the structural reason an intercoastal condo carries the HOA fee it does — the building is paying for shared dock / seawall / pool / fitness infrastructure that a single-family river-front lot would have to underwrite individually.

The feel

What it's like to live here

Waterway-front condo lifestyle in Merritt Island — direct sunset views over the Indian River Lagoon / waterway, beach / pool amenity, and the natural quiet that distinguishes the lagoon side from the noisier oceanfront.

The details

What to expect

Association amenities

20 listed amenities per MLS: Boat Dock, Cable TV, Car Wash Area, Elevator(s), Fitness Center, Gated, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Management - Off Site, Marina, Pool, Sauna, Security, Sewer, Spa/Hot Tub, Trash.

What the HOA fee covers

Per recent MLS: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Water. Intercoastal condos typically bundle exterior maintenance, master insurance, and dock/seawall maintenance — verify reserve study before closing.

Views

Listings report views of: Marina, River.

Waterfront features

Per MLS: Navigable Water, River Access, River Front.

Why intercoastal vs oceanfront

Intercoastal-side condos in this segment trade at a meaningful discount to direct-oceanfront product — typically 30–50% lower per square foot for similar age/sqft. The trade-off is no immediate beach access (a 5–15 minute walk or short drive to the closest crossing). What you get in exchange: dramatic sunset exposure, boat-water access if the building has dockage, a more sheltered insurance posture, and substantially lower HOA assessments because the building isn't underwriting full direct-Atlantic exposure.

Schools

Brevard Public Schools — feeder pattern depends on the specific address. Merritt Island-area addresses typically zone to mainland or beachside cluster schools. Assignment follows the street address, so check each unit's address in Brevard Public Schools' school locator before you write an offer.

Insurance posture

Lagoon-side condos carry materially lower wind+flood exposure than direct-oceanfront. Master HOA policy typically covers building exterior; unit owner needs HO-6 (interior + contents). Verify the master policy details, deductibles, recent special assessments, and reserve study — these three numbers separate a healthy intercoastal association from a problem one.

Community

Amenities

  • Boat Dock
  • Cable TV
  • Car Wash Area
  • Elevator(s)
  • Fitness Center
  • Gated
  • Insurance
  • Internet
  • Maintenance Grounds
  • Maintenance Structure
  • Management - Off Site
  • Marina
  • Pool
  • Sauna
  • Security
  • Sewer
  • Spa/Hot Tub
  • Trash
  • Water
  • Water Association Fee Includes: Cable TV

Know Before You Buy

HOA rules worth knowing

  • HOA ~$934/month
  • Master insurance covers building exterior; unit owner needs HO-6 for interior + contents
  • Verify reserve study + recent special assessments before closing
  • Most Brevard intercoastal condos prohibit short-term (<30 day) rentals; some allow 7/14 day minimums — confirm with each association
  • Pet policies vary widely between buildings — verify weight/breed limits per association

Education

School assignments

  • Brevard Public Schools (verify zoning by address)

School zone assignments change. Verify with Orange County Public Schools before purchase.

Market Commentary

What the market is doing

Recent close: $555,000 (1 sale in last 60 days). Median $555,000 at $244/sqft. HOA ~$934/month. Intercoastal-side pricing in this segment runs roughly 30–50% under comparable direct-oceanfront product — the trade is no immediate beach access in exchange for boat-water, sunset exposure, and a meaningfully lower insurance + HOA carrying cost.

— Ryan Solberg, Broker · MaxLife Realty · License #BK3354351

Active MLS Inventory

Homes available in Marina Village Condominium

12 homes currently listed in Marina Village Condominium.

808 7th Street, Merritt Island, Fl 32953, FL808 7th Street, Merritt Island, Fl 32953, FL
Under ContractSingle Family Residence

$305,000

808 7th Street, Merritt Island, Fl 32953

Merritt Island, FL 32953

4 bd · 3 ba · 1,639 sqft

Hampton Homes Unit 6

This property is under contract. Contact us for backup offer opportunities.

MLS ID #1078211, Britton Group, Inc..

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

513 Falmouth Avenue, Merritt Island, Fl 32952, FL513 Falmouth Avenue, Merritt Island, Fl 32952, FL
ActiveSingle Family Residence360°

$235,000

513 Falmouth Avenue, Merritt Island, Fl 32952

Merritt Island, FL 32952

4 bd · 1 ba · 1,145 sqft

Merritt Ridge Sheet 2

MLS ID #1086845, Florida East Coast Real Estate.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

2595 Sykes Creek Drive, Merritt Island, Fl 32953, FL2595 Sykes Creek Drive, Merritt Island, Fl 32953, FL
ActiveTownhouse

$400,000

2595 Sykes Creek Drive, Merritt Island, Fl 32953

Merritt Island, FL 32953

3 bd · 3 ba · 2,529 sqft

Costa Norte

MLS ID #1089589, RE/MAX Aerospace Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

905 Richland Avenue, Merritt Island, Fl 32953, FL905 Richland Avenue, Merritt Island, Fl 32953, FL
ActiveSingle Family Residence360°

$395,000

905 Richland Avenue, Merritt Island, Fl 32953

Merritt Island, FL 32953

3 bd · 2 ba · 1,188 sqft

Catalina Isle Estates Unit 2a

MLS ID #1089572, Blue Marlin Real Estate.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

3726 Sunward Drive, Merritt Island, Fl 32953, FL3726 Sunward Drive, Merritt Island, Fl 32953, FL
ActiveSingle Family Residence360°

$699,999

3726 Sunward Drive, Merritt Island, Fl 32953

Merritt Island, FL 32953

5 bd · 4 ba · 2,930 sqft

Sunset Lakes Phase Iv-B

MLS ID #1089558, Daignault Realty Inc.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

525 Hidden Creek Drive, Merritt Island, Fl 32952, FL525 Hidden Creek Drive, Merritt Island, Fl 32952, FL
ActiveSingle Family Residence

$600,000

525 Hidden Creek Drive, Merritt Island, Fl 32952

Merritt Island, FL 32952

4 bd · 3 ba · 2,723 sqft

Hidden Creek

MLS ID #1089579, Daignault Realty Inc.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of October 9, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA