Merritt Island Homes For Sale Report for today. There are currently 353 active real estate listings in Merritt Island today. Out of that number, 91 are listed as short sales which eqates to 26%. On the other hand, there are only 20 bank owned properties listed in all of Merritt Island. There is no one neighborhood where the foreclosures are concentrated. Newfound Harbor has the most with 2, otherwise they are pretty spread out. Of the 20 foreclosed properties 17 are residential, 2 are townhomes and only 1 condo. 6 properties are waterfront but only one is on a navigable canal. the other 5 are on a lake or pond. These bank owned properties range in price from $38,900 to $369,900. Tony Giannotti is the broker/owner of Merritt Island based Exit Island & Beach Realty. ...
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