Merritt Island Real Estate Search

Merritt Island Properties between $1,000,000 and $1,500,000 for Sale

Our website features the best real estate search for between $1,000,000 and $1,500,000 properties available in Merritt Island and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Merritt Island real estate market? Sign up for a  Merritt Island Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Merritt Island Properties between $1,000,000 and $1,500,000 for Sale

3000 Yount Drive, Merritt Island
$1,299,000
1090365 MLS
An extraordinary opportunity to acquire approximately 2.08 acres of premier waterfront property, featuring over 200 feet of direct Banana river frontage complemented by navigable canal access. This estate-sized parcel offers unparalleled potential for a custom luxury residence, showcasing sweeping water views and a highly desirable orientation. Positioned perfectly facing northeast, the property captures sweeping panoramic water views that stretch across to world-famous Cape Canaveral and Cocoa Beach. Design and build your dream estate in this rare setting.

3000 Yount Drive, Merritt Island
2437 Yount Drive, Merritt Island
$1,299,000
1090363 MLS
An extraordinary opportunity to acquire approximately 2.05 acres of premier waterfront property, featuring over 200 feet of direct Banana River frontage complemented by navigable canal access. This estate-sized parcel offers unparalleled potential for a custom luxury residence, showcasing sweeping water views and a highly desirable orientation. The property will be connected to City sanitary sewer, providing superior utility infrastructure and further enhancing long-term value and convenience. A rare combination of size, frontage, and locationâ€"ideal for discerning buyers or investors seeking one of the Space Coast's finest waterfront offerings.

2437 Yount Drive, Merritt Island
345 Florida Boulevard, Merritt Island
$1,200,000
4 Beds ⋅ 5 Baths ⋅ 1089854 MLS
Experience exceptional waterfront living in the heart of Merritt Island! Meticulously maintained and showcasing true pride of ownership, this impressive 4-bedroom, 3 full and 2 half-bath home offers approximately 4,000 square feet of living space, beautiful water views and an outstanding combination of quality construction, thoughtful upgrades, and resort-style amenities. Inside, the thoughtfully designed open floor plan offers a gourmet kitchen opening to a spacious family room with fireplace, formal living and dining areas, and a generous primary suite complete with dual walk-in closets and water view. A versatile loft area on the second floor includes a recreation area, office space and a rooftop deck overlooking the canal providing exceptional opportunities for entertaining and relaxation. Quality construction sets this home apart. The distinctive SmartBlock system features insulated concrete walls reinforced with steel on the lower level, while the upper portions incorporate 2x6 framing with brick and Hardie board exterior finishes, offering excellent insulation and durability. A boater's paradise awaits with a covered dock, 6+ foot water depth, an 8,000-lb boat lift, and a 1,500-lb dual jet ski lift. Easy access to Sykes creek and the open ocean. The outdoor living space is equally impressive, featuring a heated saltwater pool and spa, beautiful travertine pavers, dedicated pool bath, outdoor shower and sink, and LED lighting along the screened pool enclosure. Whether enjoying a peaceful morning overlooking the water or entertaining family and friends, this property captures the best of Florida waterfront living. Additional highlights include an oversized three-car garage with 8-foot doors and built-in storage, abundant storage throughout, natural gas serving the cooktop, dryer, water heater, fireplace, outdoor grill, and pool heater, a security alarm system, nine exterior security cameras, and an epoxy-coated driveway. NO HOA! Ideally situated in Merritt Island's thriving Space Coast community, the property offers convenient access to Kennedy Space Center, Cape Canaveral Space Force Station, and major aerospace and defense employers including SpaceX, Blue Origin, NASA, United Launch Alliance, Lockheed Martin, Boeing, and Northrop Grumman. The broader employment corridor also includes L3Harris and Collins Aerospace. Enjoy convenient access to shopping, dining, beaches, and recreational opportunities while returning home to your own private waterfront retreat. Beautifully maintained, exceptionally equipped, and designed to embrace the Florida lifestyle, this remarkable property offers an outstanding opportunity to enjoy waterfront living on the Space Coast.

345 Florida Boulevard, Merritt Island
0000 S Tropical Trail, Merritt Island
$1,250,000
1087274 MLS
Build Your House on the Hill! Discover one of the few remaining undeveloped parcels in Honeymoon Lake Estates, located in one of the most desirable and sought-after areas of S. Tropical Trail. This exceptional 1.9-acre property features more than 123 feet of Banana River frontage and sits across from the Bird Islands, offering a beautiful natural backdrop and a rare waterfront setting. The property rises to more than 25 feet above sea level, creating an elevated homesite with incredible potential. Build your dream home and enjoy the space, privacy, elevation, and beauty of Banana River living.

0000 S Tropical Trail, Merritt Island
4170 S Tropical Trail, Merritt Island
$1,375,000
5 Beds ⋅ 4 Baths ⋅ 1087195 MLS
Completely renovated in 2026! Set on 1.45 acres with direct Banana River frontage, this South Merritt Island estate has been transformed into a stunning coastal retreat. The 5-bedroom, 3.5-bath residence showcases imported designer tile, wide-plank wood flooring, warm wood accents, statement lighting and elevated finishes throughout. The custom Southampton-style kitchen steals the show with cabinetry, quartz countertops, an oversized island and integrated display cabinetry. Each bathroom has been thoughtfully redesigned, while the spa-like primary bath features a freestanding soaking tub, oversized glass shower and dual vanity. The primary suite also offers a fireplace and private balcony. Multiple living areas and a second fireplace create inviting spaces to gather. Outside, enjoy a screened pool and spa, expansive grounds and a private dock on the Banana River. A rare opportunity to enjoy a renovated luxury waterfront estate in one of South Merritt Island's most desirable locations.

4170 S Tropical Trail, Merritt Island
810 S Banana River Drive, Merritt Island
$1,300,000
4 Beds ⋅ 3 Baths ⋅ 1086229 MLS
OVER HALF AN ACRE OF DIRECT BANANA RIVERFRONT LIVING w/sweeping water views, a 150' rebuilt dock & an incredible backyard built for the Florida lifestyle! Beyond the electric gate, a circle drive & extra-deep 2-car garage lead to a showstopping interior w/grand wood-beamed vaulted ceilings, wood-look tile throughout & a wide-open great room framed by a wall of impact windows showcasing the river. An impressive, earthy stone fireplace & glass French doors add character, while the spacious kitchen features granite counters, rich soft-close wood cabinetry, an island w/gas cooktop, KitchenAid SS appliances, double wall ovens & breakfast bar. The water-view primary offers an attached flex space with windows framing the river vistas, double cedar-lined closets & a shower ensuite w/dual stone sinks. 3 additional bedrooms include a Jack 'n Jill bath & an oversized 4th bedroom that's also ideal as an extra living room, rec space, or supersized guest suite. Outside celebrates an expansive.... brick-paver patio, a screened hot tub porch with space for shady lounging, a dock with a kayak lift & tandem storage rack & grassy areas for gardening and play. Major improvements include a 2017 stone-coated metal tile roof, 2022 rear flat roof, 34 impact windows & doors, hurricane-rated garage door, updated electric & plumbing, replaced septic & a 2020 Generac natural gas generator.

810 S Banana River Drive, Merritt Island
526 Elliot Drive, Merritt Island
$1,500,000
5 Beds ⋅ 3 Baths ⋅ 1086140 MLS
Rare 4,719 SF SINGLE-STORY home on .62 acres in South Merritt Island offering 5 bedrooms, 3 baths, a resort-style screened saltwater pool & spa, and extensive 2024 renovations. Designed for exceptional flexibility, this home features a stunning kitchen with solid-wood cabinetry, oversized island, abundant storage, stainless appliances, double ovens & coffee bar. The expansive primary retreat includes a spa-inspired bath, kitchenette, private laundry & office/flex space. Separate guest quarters offer 2 bedrooms, full kitchen, bath, laundry & large game room--ideal for flexible or multigenerational living. Highlights include impact windows/doors, 3 tankless water heaters, energy-efficient upgrades, 3 laundry areas & a 2-car garage with mini-split A/C. Just blocks from the community dock, this unique Merritt Island property delivers space, privacy, indoor/outdoor living & remarkable versatility--all on one level.

526 Elliot Drive, Merritt Island
11470 S Tropical Trail, Merritt Island
$1,200,000
3 Beds ⋅ 3 Baths ⋅ 1086360 MLS
Opportunities like this rarely come available along the highly desirable S. Tropical Trail corridor. Located on the beautiful Merritt Island peninsula, this property offers the chance to own a truly special piece of waterfront-area real estate surrounded by the Banana River to the east and Indian River to the west. The existing home will require significant renovation or reconstruction, but the value here is in the homesite and its incredible potential. The current residence offers 2,088 heated square feet and 2,686 square feet of total building area, along with an in-ground pool and boat house in the backyard that will also need to be refurbished. For the right buyer, this is an opportunity to reimagine the property and create something bigger, better, and uniquely your own. Whether you're envisioning a custom coastal retreat, a modern estate, or a home designed for generations to come, this homesite provides a rare canvas to bring that vision to life.

11470 S Tropical Trail, Merritt Island
2940 Maritime Lane, Merritt Island
$1,500,000
1085957 MLS
Tranquil private setting on the Indian River! This gorgeous vacant lot is beautifully situated on the Indian River, close to the Banana River & the locks leading to the Atlantic Ocean. Build a sprawling single family waterfront estate, or a multi-family/group home (3 units allowed per acre). A palm tree-lined & pavered driveway takes you to this gorgeous property where you can build your custom boat dock, and celebrate stunning sunsets!

2940 Maritime Lane, Merritt Island
5137 Royal Paddock Way, Merritt Island
$1,425,000
6 Beds ⋅ 4 Baths ⋅ 1084939 MLS
An exceptional opportunity to own a custom-built estate crafted by one of the region's most respected luxury builders, originally constructed as a personal residence and perfectly situated on a full acre of beautifully landscaped grounds. Ideally located just minutes from Cocoa Beach, the world-famous shoreline, Port Canaveral, premier shopping, and renowned restaurants--yet privately tucked away within its own peaceful sanctuary. From the elegant old-world textured exterior to the travertine flooring throughout, every detail reflects timeless craftsmanship and refined design. Recent upgrades include a brand-new roof, Viking refrigerator with premium Viking appliances, new water heater, custom front entry door, and new washer. At the heart of the home is a chef's island kitchen featuring rich cherry cabinetry with chocolate glaze, granite countertops, and high-end finishes.

5137 Royal Paddock Way, Merritt Island
5405 Freedom Lane, Merritt Island
$1,500,000
1082501 MLS
Extraordinary opportunity to build your dream home directly on the Indian River in South Merritt Island. This 1.6 acre, partially cleared lot with current survey, sits just off historic South Tropical Trail, on a private road. Offering over 160 feet of Indian River frontage, privacy and a boat ramp, the opportunities are endless. Positioned between 520 and the Pineda Causeway, this lot provides easy access heading north or south, the beaches, Port Canaveral, NASA and I-95. This property is truly the epitome of what South Merritt Island is known for - a taste of Old Florida. Stocked with endless palms, oak trees and towering bamboo, and complete with nightly, lavish sunsets, this is truly Intracoastal paradise. Do not miss the chance to call this riverfront hideaway, your home!

5405 Freedom Lane, Merritt Island
255 Utopia Circle, Merritt Island
$1,025,000
5 Beds ⋅ 4 Baths ⋅ 1081622 MLS
Boat dock, pool, 1 acre and a South Tropical Trail address. This Egret's Cove property is giving island dream home in all the right ways. Designed for the buyer who wants space, style and a lifestyle that feels anything but basic, it offers private marina access with a deeded deep water boat slip on the Indian River, a sparkling pool for weekends at home, a shaded lanai for breezy evenings and a tropical backyard with room to breathe. Inside, a large gourmet kitchen anchors generous living spaces, while the huge family room with wet bar and fireplace is made for game day, holiday gatherings or a quiet night in style. Recent updates include a 2021 roof, upstairs hurricane rated windows, flooring, pool surface, paver deck, exterior paint, newer ACs, water heaters, EV charging and more. Close to the Space Center, Melbourne, Viera, beaches, shopping, schools and I-95, this is island living with convenience, comfort and a little bragging rights built in.

255 Utopia Circle, Merritt Island
890 N Courtenay Parkway, Merritt Island
$1,395,000
1081220 MLS
890 N. Courtenay Pkwy offers exceptional visibility and access at a **signalized intersection** in the heart of Merritt Island. This high-traffic location provides prime exposure for retail, professional, or service-based businesses. The property delivers strong frontage along a major corridor, ensuring consistent customer flow and easy ingress/egress. Surrounded by established commercial activity and dense residential neighborhoods, it's perfectly positioned for growth. A rare opportunity to secure a standout commercial site in one of Merritt Island's most active business districts. Join McDonalds, Arby's, Dominos, Ace Hardware, Tire Kingdom, Pep Boys, Pinch-a-Penny, Quest Diagnostics, and others close by. The property is currently leased, and no interior access is available for viewing. Ride by only. Specific documents upon request.

890 N Courtenay Parkway, Merritt Island
2955 N Tropical Trail, Merritt Island
$1,470,000
5 Beds ⋅ 5 Baths ⋅ 1076900 MLS
Whether you're a nature lover, entertainer at heart or hard-working Space professional needing a relaxing retreat situated close to the Space Center, this stunning 5 bedroom, 4.5 bath home w/room for everyone offers a gorgeous blend of luxury, self-sufficiency & tranquility on a sprawling 1.6-acre lot. The heart of the home opens up to a massive, screened lanai w/sparkling pool, dramatic rock waterfall, fully equipped summer kitchen, w/plenty of space for entertaining & dining al fresco poolside w/full & half baths nearby. Two main level primary suites-one is truly palatial, an unmatched private retreat offering a footprint larger than some entire homes w/luxury finishes, huge walk-in closet, uber spacious shower, jetted tub, huge sitting area & 2-sided gas fireplace overlooking lanai. Upstairs game room, 2 laundry hookups, on-site generator, plus detached oversized 2 car AC garage, work out room, storage & 2 upstairs rooms easily converted to additional living space. No HOA. This oversized garage and additional living and working space has easy covered access to the main house. This is multi-generational home living just waiting for you to call it home. The electrical and structural set up of this additional space is ready for a seamless transformation into a 2 bed 1 bath suite with kitchenette and cozy living area requiring only an additional water line for bath and kitchen. This square footage is not included in the listed living area square footage. The living space goes on and on. This home is truly one of a kind that has to be seen if you want room and luxury and a touch of Old Florida too! Privacy from the moment you turn onto the drive and into the gate and circle drive. Additional workshop, storage, party space overlooking the spring fed pond stocked and ready for fishing. And did we mention the sunset views from the upstairs porch above the lanai. For the horse enthusiast, there is a small stable out back as this property is zoned for horses also. No HOA. Easy access to 528 Beachline to beaches, Port Canaveral, Patrick Space Force Base, and a quick 45-minute drive to Orlando airport and attractions. It is a pleasure to offer this gorgeous home for your viewing because I know you are not going to believe till you see it and once you see it, you are going to love it!

2955 N Tropical Trail, Merritt Island
420 Milford Point Drive, Merritt Island
$1,349,000
3 Beds ⋅ 4 Baths ⋅ 1073507 MLS
If Florida had a home, this would be it. Completely renovated, this elevated stilt home sits directly on the Banana River with wide open water views and direct access to Port Canaveral. Enjoy everything the Space Coast has to offer, from dolphins and manatees in your backyard to rocket launches overhead. A private dock with boat lift makes getting out on the water a breeze. Inside, the home offers 3 bedrooms, 2 full baths, and 2 half baths with an open layout centered around a chef's kitchen featuring quartz countertops and stainless steel appliances, flowing into the main living and dining areas with the river views front and center. The primary suite includes a private balcony overlooking the water. Outside, enjoy a pool, stone fireplace, and a paver driveway set within a well maintained yard. A detached air conditioned flex space with river views offers options for an office, studio, or additional living area. Well updated and positioned for true waterfront living.

420 Milford Point Drive, Merritt Island
95 S Plumosa Street, Merritt Island
$1,100,000
4 Baths ⋅ 1069580 MLS
Prime Merritt Island commercial opportunity with exceptional visibility directly off highly traveled Highway 520! This solid metal-frame and concrete block building offers two separate units with the flexibility to combine into one larger business space. Property features multiple roll-up garage doors, circular driveway for easy customer access, fenced rear yard, and upstairs loft storage. One unit has been fully remodeled, allowing immediate occupancy while the other offers value-add potential. Zoned BU-2 Retail Store - Multiple Units, making it ideal for retail, service, automotive, contractor trades, or mixed-use operations. Surrounded by established high-traffic businesses for maximum exposure and customer flow. Excellent opportunity for owner-users or investors seeking a versatile commercial asset in a high-demand corridor.

95 S Plumosa Street, Merritt Island
Tbd Crooked Mile Road, Merritt Island
$1,175,000
1063399 MLS
Amazing, Riverfront estate property in highly desirable, quiet Merritt Island neighborhood. Wind your way through beautiful Live Oaks to the already cleared area ready for your brand new custom home! No mangroves to obstruct your view, just open water, nature and dramatic sky shows daily. Permit already approved for a private boat dock and plans available for a magnificent 6,500 sq ft home. A new coquina seawall from 2024 and power run to the rear of the property have you two steps closer to being ready to enjoy this very special Riverfront estate property. Seller will consider owner financing. To be built package also available with a great local builder ( mls#1064389).

Tbd Crooked Mile Road, Merritt Island
1175 N Courtenay Parkway, Merritt Island
$1,249,000
8 Baths ⋅ 1046593 MLS
Prime investment opportunity for a renovated 8,053 SF retail/office center in Merritt Island. Strategically located on high-traffic N Courtenay Pkwy, directly across from Merritt Island High School and adjacent to the public library. Features 8 units with updated interiors, ample parking, and strong tenant mix. Ideal for 1031 exchange or portfolio addition.

1175 N Courtenay Parkway, Merritt Island
440 W Merritt Island Causeway, Merritt Island
$1,100,000
1 Baths ⋅ 934479 MLS
Retail site with existing 1050 s.f building. Multiple parcels with SR 520 Frontage totaling .79 ac. Two curb cuts in place, high traffic counts. Located just West of Courtenay Pkwy and the Tropical Trail traffic lights. This parcel is ideal for any retail or fast food with drive thru.

440 W Merritt Island Causeway, Merritt Island
Start Your Search

How much is your home worth?

Get instant property value now!