Merritt Island · Selling
Selling and buying at the same time in Merritt Island
Sell first, buy first or together: a plan for your situation, with both closings lined up.
Free · Agents who know Merritt Island · Every step in one app
Merritt Island sits between the Indian River and the Banana River. It is a community, not a city, so county rules apply.
Selling one home and buying another at the same time is one of the most stressful moves there is. You are a seller and a buyer at once, with two sets of dates, two sets of paperwork and one big question: what if the timing does not line up? Many people lose sleep over the idea of owning two homes, or owning none.
Read the full guide: selling and buying at the same time, step by step →
What this means in Merritt Island
- The typical owner-occupied home in Merritt Island is worth about $402,900, 19% above the Brevard County typical value. At about 6–8% total selling costs, that is roughly $24,200–$32,200 on a typical sale here; your own number depends on your price and mortgage.
- About 59% of homes in Merritt Island were built before 1980. Older Florida homes often need a 4-point inspection (roof, electrical, plumbing, heating and cooling) before an insurer will cover them, so having one done early can stop surprises after you accept an offer.
- When you move in Merritt Island: power is usually from Florida Power & Light (FPL), and water from City of Cocoa Utilities. Set up service a week or two before Moving Day.
- The Brevard County Clerk has an office on Merritt Island at the Merritt Island Service Complex, 2575 North Courtenay Parkway, Room 129 (closed 11:30 AM to 1:30 PM).
What’s different for you
- Choose the order. Sell first, buy first, or together, from four questions about your situation.
- Link the closings. Your purchase can wait on your sale so you never own two homes by accident.
- One Moving Day. One plan, one countdown, one money number.
When you start in CloseHive from this page, your plan already includes these steps, along with the usual ones for selling in Merritt Island. You always see what to do next, and your agent handles the how.
Merritt Island in numbers
- The typical home here is valued at about $402,900, which is 19% higher than Brevard County as a whole ($339,600).
- About 59% of homes were built before 1980. Many insurance companies ask for a 4-point inspection (roof, electrical, plumbing, heating and air) on older homes, so plan for it early.
- 80% of homes are lived in by their owners, close to the county's 77%.
- Owners with a mortgage pay about $2,070 a month in housing costs, $629 more than typical rent ($1,441). Many of those owners bought years ago at lower prices, so today's buyers often pay more.
At a typical Merritt Island price of about $405,000, Florida's deed tax is $2,835 and the owner's title policy is about $2,100. Typical value here is 4.3 times the typical household income, compared with 4.3 for the county.
Questions people ask
What if my sale falls through?
Your plan can make the purchase depend on the sale; your agent explains how for your contract.