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Brevard County Real Estate - Merritt Island

Merritt Island is a census-designated place located on the East Coast of Brevard County, Florida. Although technically a peninsula, Merritt Island is considered a barrier island and is located between the Indian River and the Banana River. The area was visited by Spanish explorers in the early 17th century and the town's roots lie in the mid-19th century agriculture of the area. The majority of the land that makes up the town was covered in citrus groves and cattle ranches until the population began to grow rapidly in the 1950s and 60s with the expansion of NASA.

Merritt Island is located within two zip codes. North of SR520 is 32953 and south of the road is 32952. There are also two separate peninsulas that make the island. The main peninsula is located between the Indian River and Sykes Creek. The southern part of this peninsula is known for high end riverfront properties. Honeymoon Hill is regarded as the most expensive neighborhood on south tropical trail. Courtenay Parkway runs north/south through the center of this part of the island and is primarily business north of SR520 and south of SR528. The northern part of the island is rural and less developed, especially north of the barge canal; where quite a few of the cattle ranches that established the area still exist. The islands other peninsula is known as Newfound Harbor. Newfound Harbor is a strange mix of high-end houses and low-end houses; it is not unusual to see million dollar homes neighbored by trailer parks. Newfound Harbor is bordered by Sykes Creek to the west and the Banana River to the east.

Merritt Island links:

• Kennedy Space Center
• National Wildlife Refuge
• Wikipedia

Links

• Merritt Island Real Estate Market Data
• Brevard County Real Estate Market Data
• Walkscore for Zipcode 32952
• Merritt Island, FL Property Values on Trulia

Brevard County

Brevard County is located in the East Central Florida region, along with Orange, Volusia, Sumter, Seminole, Lake, and Osceola counties. There are many incorporated municipalities in Brevard. Cities include Cape Canaveral, Cocoa, Cocoa Beach, Indian Harbour Beach, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, and West Melbourne. The towns in Brevard are Grant-Valkaria, Indiatlantic, Malabar, Melbourne Beach, Melbourne Village, and Palm Shores. Brevard?s population is well over half a million.

Top industries for Brevard County include technology, tourism, agriculture, and other service businesses. Top public sector employers for Brevard County are the Brevard County School Board, Brevard County Board of County Commissioners, NASA, and US Department of Defense. Private sector employers include Harris Corporation, Health First, Inc., United Space Alliance, Wuesthoff Health System, and Northrop Grumman Corporation.

Kennedy Space Center is located on Merritt Island in Brevard County and provides many jobs for the area, as well as acting as a popular tourist destination. It is from this activity that Brevard takes its nickname, the Space Coast. Nicknamed "Space City USA", the city of Titusville is across the water from KSC. The city?s population is highly-educated. The city is a popular destination for visitors wishing to see spacecraft launches.

Other tourist attractions in Brevard County include Port Canaveral, one of the busiest cruise ports in the world, the Merritt Island National Wildlife Refuge, and Cocoa Beach. Port Canaveral is serviced by Disney Cruise Lines, Carnival, and Royal Caribbean. Not just a tourist destination, the port is within a foreign trade zone.

In 2010 and 2011, the Brookings Institution reported that Brevard ranked in the bottom fifth of the nation's top metro areas, based on unemployment, gross metropolitan product, housing prices and foreclosed properties. In 2011, the county was rated the 6th worst in the nation for foreclosures. RealtyTrac rated Brevard as the best county in the United States for buyers in 2013 because of the low prices.

Neighboring Properties

Address	Type	Sq Ft	Class
1505 South Oaks Dr	Single Family	3,895	A
1500 South Oaks Dr	Single Family	2,485	B
1515 South Oaks Dr	Single Family	3,910	A
1495 South Oaks Dr	Single Family	2,934	B
1490 South Oaks Dr	Single Family	2,564	B
1510 South Oaks Dr	Single Family	2,420	B
4230 Blossom Cir	Single Family	2,374	B
1525 South Oaks Dr	Single Family	3,210	B
1485 South Oaks Dr	Vacant Residential	0	L
1480 South Oaks Dr	Single Family	2,572	B
4190 Richwood Ct	Single Family	3,779	A
4225 Overhill Dr	Single Family	2,897	B
4195 Richwood Ct	Single Family	3,030	A
4225 Blossom Cir	Single Family	1,941	B
135 Alameda Dr	Single Family	3,045	A
1520 South Oaks Dr	Single Family	3,071	A
125 Alameda Dr	Single Family	2,518	A
1535 South Oaks Dr	Single Family	3,049	A
4240 Blossom Cir	Single Family	2,224	B
1475 South Oaks Dr	Single Family	2,648	A
4185 Richwood Ct	Single Family	3,311	A
1470 South Oaks Dr	Single Family	2,542	B
4245 Overhill Dr	Single Family	2,082	B
4230 Overhill Dr	Single Family	2,956	B
155 Alameda Dr	Single Family	2,963	A
115 Alameda Dr	Single Family	2,205	A
4245 Blossom Cir	Single Family	3,883	B
4290 Crooked Mile Rd	Single Family	2,020	B
4190 Laurel Oak Ln	Vacant Residential	0	L
1540 South Oaks Dr	Single Family	2,516	B
1545 South Oaks Dr	Single Family	3,062	A
4175 Richwood Ct	Single Family	3,874	A
130 Alameda Dr	Single Family	2,536	A

Nearest MLS Listings

Nearest properties for sale within 3 miles of this location

Address	Miles	Sq Ft	Price
110 River Woods Dr	1.27	2,941	$785,000
5655 Tropical Trl S	1.69	3,671	$4,500,000
6005 Highway 1 S	2.34	2,138	$701,000
1394 Alto Vista Dr	2.35	0	$895,000
1790 Independence Ave	2.64	0	$85,000
6335 Tropical Trl S	2.67	1,940	$3,700,000
3863 San Miguel Ln	2.79	1,848	$420,000
1980 Harbor Point Dr	2.91	2,240	$945,000
523 Bosun Ct	2.95	0	$249,000
513 Topsail Dr	2.98	0	$994,900