Merritt Island Overview

The city of Merritt Island is a census designated place in Brevard County, on the Atlantic coast of the U.S. state of Florida. Also known as Florida’s “Space Coast,” the city has miles of pristine white beaches and a wide array of activities to offer which includes surfing, water-skiing, parasailing, snorkeling, boating or sailing. Merritt Island National Wildlife Refuge and NASA's John F. Kennedy Space Center are located on the northern part of Merritt Island. The area is heavily residential, with centralized light commercial and light industrial areas. The city also offers non-beach activities which include golf, tennis, horseback riding, hiking and biking plus the whole area surrounding Merritt Island boasts one-of-a-kind shops where one will find art, pottery, crafts, unique jewelry, home accents and clothing.

Merritt Island Real Estate

Merritt Island currently stands at a population count of around 36,881 people. There has been a constant population growth of 2.30 percent since the year 2000. The city’s population density stands at around 2,092 people per square mile. Compared to the rest of the country the cost of living in Merritt Island is 5.32 percent higher than the U.S. average. For this very reason the median home cost in Merritt Island is $334,200 and moreover the home appreciation rate the last year has been 26.90 percent. Taking all that into picture the median age of real estate in Merritt Island is 34 years. Almost 71.36 percent of homes are owned by individuals, wherein rent dwellers make up almost 23.19 percent of the population of Merritt Island, almost 5.46 percent of the houses and apartments in Merritt Island remain vacant and unoccupied.

How to rent or buy in Merritt Island

Any individual relocating to Merritt Island will have a choice of either buying a proper house or for that matter taking it on rent. The easiest and the best way being, hiring an experienced real estate agent who knows in and out of the city Merritt Island. It would save you from all the hassles of negotiations and at the same time ensure that you get the best deals at the best price with no trouble at all.

Search Merritt Island Real Estate

Keywords: Merritt Island Apartments for Rent, Merritt Island Real Estate for Sale, Merritt Island Homes