Merritt Island Homes under $200,000

Merritt Island Homes under $200,000

Welcome to Merritt Island, Florida, a hidden gem nestled in Brevard County, known for its stunning natural beauty and vibrant community spirit. This charming island is perfectly positioned between the Indian River and the Atlantic Ocean, offering residents a unique blend of serene waterfront living and easy access to the bustling attractions of nearby Cocoa Beach and Cape Canaveral. With its lush landscapes, abundant wildlife, and proximity to the Cape Canaveral National Seashore, Merritt Island is a paradise for nature lovers and outdoor enthusiasts alike.

For those seeking affordable housing options, Merritt Island has a variety of homes available for under $200,000. This makes it an ideal location for first-time homebuyers, retirees, or anyone looking to invest in a tranquil lifestyle without breaking the bank. You can find charming single-family homes, cozy townhouses, and even some delightful condos that perfectly fit your budget. Many of these properties boast beautiful views, spacious yards, and easy access to local parks and recreational areas.

The community here is warm and welcoming, with a range of amenities including shopping centers, dining options, and excellent schools. Plus, the rich cultural heritage and community events throughout the year create a lively atmosphere that makes Merritt Island feel like home. Whether you’re looking to settle down or find a vacation retreat, Merritt Island offers an unparalleled quality of life at an affordable price. Come explore the possibilities and discover your dream home in this beautiful Florida paradise!

Newest Merritt Island Homes under $200,000

2097 Hidden Grove Lane Unit 209, Merritt Island
$185,000
3 Beds ⋅ 2 Baths ⋅ 1089238 MLS
Looking for a little more room in Merritt Island? This fantastic condo offers just over 1,500 sq ft, 3 large bedrooms, 2 full baths, and a detached garage! Located in a small community on a quiet dead-end street, this second-floor home features high ceilings and architectural details that give the space plenty of character. There's lots of room to spread out in the open living layout. Spend the evening on the covered patio or enjoy the community pool. The Hidden Glenn community is close to Courtenay Parkway and SR 528, with easy access to the beaches, Kennedy Space Center, and I-95. A great combination of space, convenience, and value in this Merritt Island condo!

2097 Hidden Grove Lane Unit 209, Merritt Island
120 Mutiny Lane, Merritt Island
$74,500
1 Beds ⋅ 1 Baths ⋅ 1089200 MLS
Hidden Gem Nestled Perfectly In The Heart Of The Banana River, Cocoa Beach and Port Canaveral. Tucked away nicely in a peaceful, serene living with the amenities of the city and beaches at your doorstep. Coveted first floor unit. A Truly Maintenance Free Living with several full time maintenance men on staff daily in a beautifully cared for community. Resort style pool is heated year round and serviced daily. Matching tile throughout main living areas, super spacious walk in closet, windows galore with beautiful green space and mature tree views, deeded carport. Community gazebo for gatherings, covered playground, barbecue, pickle and basketball court. 5 convenient laundries are secured and equipped with smart washer/ dryers. Boat parking available first come for a low fee. Easy access to Orlando via 528 Beachline. Fishing, dining, shopping, golf, music, bus line. No Rental or AirBnB. Cash Only. Buyer must submit Co-op application, credit check & board approval. Hallways are being remodeled.

120 Mutiny Lane, Merritt Island
240 Spring Drive Unit 2, Merritt Island
$168,900
2 Beds ⋅ 2 Baths ⋅ 1088933 MLS
Welcome to this newly updated 2-bedroom, 2-bath first-floor condo offering comfort, style, and a peaceful pond view right outside your back door. Step inside to find luxury vinyl plank (LVP) flooring throughout, fresh interior paint, newly updated ceilings with the popcorn texture removed, and a brand-new HVAC system. The fully remodeled kitchen features brand-new cabinetry, sleek countertops, all new stainless-steel appliances, and convenient in-kitchen laundry, perfect for both everyday living and entertaining. Both bathrooms have also been refreshed with updated vanities, adding to the home's clean, modern feel. Enjoy the convenience of 1st floor living with no stairs and a layout that flows effortlessly from the kitchen into the living space. Relax with your morning coffee or unwind in the evening while taking in the tranquil pond views. Ideally located on Florida's Space Coast, you're just minutes from Kennedy Space Center, Blue Origin, SpaceX, Port Canaveral, & the beaches

240 Spring Drive Unit 2, Merritt Island
200 Bounty Street, Merritt Island
$175,000
3 Beds ⋅ 2 Baths ⋅ 1088509 MLS
TURNKEY LUXURY...Fully Furnished To A High Standard. A much coveted 3 Bed, 2 Bath First Floor End Unit. Bring Your Boat...ONLY 4 MILES TO THE BEACH SURROUNDED BY RIVERS! Near SpaceX, the Port, Beaches, Dining with easy access to Orlando. Primary with walk in closet and private bathroom remodeled with designer quartz tops. The immaculately kept terrazzo is a beautiful light color, runs throughout and is in pristine condition=No Grout Joints To Scrub! Upgraded 6 panel doors and baseboards. Endless windows for natural lighting galore. Deeded carport close to entrance with room for a shed. A Truly Maintenance Free Living in a beautifully kept community with full time maintenance. Monthly fee covers maintaining/replacing co-op issued A/C unit & water heater, water/sewer, trash and property taxes. Cash only, Owner Occupants Only. No Rentals, No Air BnB. Buyer must submit Co-op application, credit check & board approval.

200 Bounty Street, Merritt Island
420 Catamaran Drive Unit 99, Merritt Island
$149,500
2 Beds ⋅ 2 Baths ⋅ 1088443 MLS
Highly desirable FIRST floor CORNER unit! Just steps away from the pool! Walk out your screened porch and RELAX in the lovely pool area! Enjoy water views from your rear patio! Centrally located on Merritt Island - close to shopping, restaurants and parks. Bring your own personal touch to this adorable two bed two bath. Perfect for an investor or handyman special!

420 Catamaran Drive Unit 99, Merritt Island
250 N Banana River Drive, Merritt Island
$149,000
2 Beds ⋅ 1 Baths ⋅ 1088402 MLS
OWNER FINANCING AVAILABLE! Don't miss an opportunity to own a TWO BEDROOM unit on the FIRST FLOOR. Unit features tile throughout and some updates to the kitchen and bathroom. The sliders have a view of the courtyard. It's tenant occupied through 8/31/2027 at $1,500/mo. The tenant is wonderful and pays on time. And the HOA covers the water, sewer, trash, ground and exterior building maintenance. And the 2026 taxes are reduced, making this an investor friendly property. Carport 99 is assigned to this unit. The community offers laundry facilities, onsite management, a heated pool, a tiki hut and access to the canal. Live in a perfect location! You're minutes to Cocoa Beach, Ron Jons, Port Canaveral and restaurants and shops in Merritt Island. Rt 528 is convenient to get to the beaches and to Orlando.

250 N Banana River Drive, Merritt Island
225 S Tropical Trail Unit 616, Merritt Island
$197,000
2 Beds ⋅ 1 Baths ⋅ 1086679 MLS
Coming Soon to Sunset Bay! Welcome home to this tranquil, riverfront community nestled in a park-like setting. This beautifully updated, ground-floor corner unit features a bright, cheery, and modern atmosphere. Highlights include a chic open floor plan, stainless steel appliances, an updated bathroom, abundant closet and storage space, full-size washer/dryer hookups, and a private enclosed patio. Enjoy resort-style living in a gated community offering top-tier amenities: pool, spa, clubhouse, BBQ area, fire pit, scenic walking paths, tennis courts, and a fitness center. Take in peaceful views of local wildlife, dolphins, and breathtaking sunsets right from the grounds. Ideally located just 10 minutes to the beaches, 45 minutes to Orlando International Airport, and 1 hour to theme parks.

225 S Tropical Trail Unit 616, Merritt Island
225 S Tropical Trail Unit 617, Merritt Island
$180,000
2 Beds ⋅ 2 Baths ⋅ 1088078 MLS
This 2/2 condo offers 1,010 square feet of comfortable living in a desirable Merritt Island waterfront community. Enjoy a convenient central location along the Indian River with access to community amenities and the relaxed Florida lifestyle. Enjoy a nearly-new a/c unit and a brand new washing machine in this unit!

225 S Tropical Trail Unit 617, Merritt Island
101 Summer Place Unit 1, Merritt Island
$168,000
2 Beds ⋅ 2 Baths ⋅ 1087806 MLS
Summer Place in Central Merritt Island! Updated two bedroom two bath corner unit! Steps away from community pool and playground! Luxury vinyl plank and tile floors. Full size washer and dryer in closet in kitchen. Master bedroom with walk-in closet and bathroom. Screened porch overlooking common area, pool and playground. Walk out your porch right to the pool or the playground!

101 Summer Place Unit 1, Merritt Island
195 Treasure Street, Merritt Island
$115,000
2 Beds ⋅ 1 Baths ⋅ 1086742 MLS
Bring Your Boat! A Secret Gem Only 4 Miles To The Beach In the heart of the Banana River, Cocoa Beach and Port Canaveral. Tucked away nicely in a peaceful area but with the amenities of the city and beaches within your reach. A truly maintenance free living in a beautifully kept community with full time maintenance on staff. A carrying charge covers the repair/replacement of co-op issued A/C unit & water heater, water/sewer, trash and property taxes. Endless windows for natural lighting and green space views. Newer baseboard and 6 panel doors. Large walk in closet. Deeded carport with room for a shed. Resort style pool is heated year round and maintained daily. Community gazebo, playground, barbecue, pickleball, basketball. 5 convenient laundries are secured and equipped with smart washer/ dryers. Boat parking is first come for a fee. Easy access to Orlando, SpaceX via 528 Beachline. Groceries, dining, shopping, fishing, bus line. Cash only. Owner occupants only, noccupants only, no

195 Treasure Street, Merritt Island
195 Treasure Street, Merritt Island
$169,999
3 Beds ⋅ 2 Baths ⋅ 1086685 MLS
Resort style living under 200k with this 3 bedroom 2 bathroom co-op. Block unit is a rare one, first floor end unit. Pool views out of every window. Newly tiled floors, large walk in closet/ unit comes with its assigned carport & newer shed for all your beach items. Beach is five miles away. Full time management & maintenance crew make this property a top notch retirement, starter, or vacation home. The carrying fee of $690 per month covers water, sewer, property taxes, insurance, & exterior work on building including A/C. Hugh beautiful heated renovated pool area to enjoy. Electricity, internet, & cable are owner responsibility. Buyer must submit to a co-op application, credit check, & board application. May only be used as a primary home or secondary residence. CANNOT BE RENTED OR USED AS AN AIRBNB. CASH ONLY Private Remarks: This is a CASH ONLY listing, no investors. No rentals only a primary & secondary home. For more information about CO-OP visit michafl.org easy to show

195 Treasure Street, Merritt Island
225 S Tropical Trail Unit 801, Merritt Island
$199,000
3 Beds ⋅ 2 Baths ⋅ 1085721 MLS
Experience the ultimate riverfront lifestyle in the highly desirable Sunset Bay community! This rare, ground-floor end unit offers the perfect blend of privacy and convenience. Inside, you will find a spacious, light-filled 3-bedroom, 2-bathroom open layout complete with modern vinyl flooring and a cozy wood-burning fireplace. Unwind on your private porch surrounded by peaceful, wooded views. This gated oasis features resort-style amenities: a riverfront pool, boat dock, tennis courts, and a fitness center. Located just minutes from the 520 causeway for effortless commuting to the mainland or local beaches.

225 S Tropical Trail Unit 801, Merritt Island
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