Marina Village Condominium
Marina Village Condominium — intercoastal / waterway condo on the Space Coast, $555K median sale, ~$934/mo HOA.
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$555K
Median Price
$555K – $555K
0
Homes
$934–$934
Monthly HOA
2005
Established
Brevard Public Schools (verify zoning by address)
School Zone
Marina Village Condominium — Market Pulse
Active listings + recent-sold aggregates from the Stellar MLS, 32952 area · about $256/sq ft · aggregate statistics only, no addresses or individual listings published.
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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
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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 families typically zone to mainland or beachside cluster schools. Verify with BPS School Locator. Intercoastal condo demographics skew seasonal / 55+ / second-home, so school zoning is informational for most buyers.
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.
Active MLS Inventory
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Homes available in Marina Village Condominium
12 homes currently listed in Marina Village Condominium.
$790,000
685 Carambola Drive, Merritt Island, Fl 32952
Merritt Island, FL 32952
4 bd · 3 ba · 2,775 sqft
None
MLS ID #1083388, Continental Home Sales, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$560,000
1655 S Shelter Trail, Merritt Island, Fl 32952
Merritt Island, FL 32952
3 bd · 2 ba · 1,630 sqft
Riviera Isles Unit 1 Replat
MLS ID #1084546, Real Broker, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$325,000
435 Gails Way, Merritt Island, Fl 32953
Merritt Island, FL 32953
1.52 acres
None
MLS ID #1084571, StarFish Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$2,900 /mo
1251 S Banana River Drive, Merritt Island, Fl 32952
Merritt Island, FL 32952
3 bd · 2 ba · 1,840 sqft
Banana River Drive Subd
MLS ID #1079476, C. Apollo Realty Inc.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$685,000
195 Loymer Circle, Merritt Island, Fl 32953
Merritt Island, FL 32953
4 bd · 3 ba · 2,435 sqft
Savannah Landings
MLS ID #1081675, EXP Realty, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$1,500 /mo
250 N Banana River Drive N B-15, Merritt Island, Fl 32952
Merritt Island, FL 32952
2 bd · 1 ba · 912 sqft
Treasure Coast Harbour Villas Condo
This property is under contract. Contact us for backup offer opportunities.
MLS ID #1074682, Southern Tropics R.E. LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
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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 August 10, 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