Where can you buy new construction in Merritt Island, FL?

Almost all new construction in Merritt Island sits on the north island off Courtenay Parkway. Egret's Reserve, Island Forest Preserve and Egrets Landing are still delivering. Armen Groves, Savannah Landings and Heron Creek are finished.

Turn off North Courtenay Parkway onto Cornwall Drive and you find the only real construction traffic left on this island: dump trucks, a slab being poured, a finished house two lots over with sod already down. That short stretch of road is where most of Merritt Island's new inventory is going up.

The island is essentially built out. No master plan is coming and no new corridor is opening. What exists is infill on small parcels between North Courtenay Parkway and the preserve land, plus two projects in the south end. This is the entire list.

Still selling

Egret's Reserve

Egret's Reserve is the newest address on the island, built by Maronda Homes on Cornwall Drive with 2025 and 2026 completions. Values center near $734,450 on 0.38 acre lots, houses 2,286 to 3,579 square feet, four and five bedrooms, three car garages, about $240 a square foot. Four in ten homesites back to water, though that water is a non navigable retention feature, not something you launch into. Public sewer, dues around $856 a year.

Island Forest Preserve

Island Forest Preserve is the other active Maronda community and the volume leader, with completions from 2023 through 2026 on Moonrise Drive, Andromeda Avenue, Cygnus Place and Omega Lane. It is also gated. Values center near $591,000 and the floor plans are the largest here, about 3,029 square feet typical and topping 4,000, on 0.26 acre lots. At roughly $202 a square foot it is the cheapest new construction per foot on the island. Public sewer, dues about $955 a year.

Egrets Landing

Egrets Landing has run the longest, with homes dating from 2017 to 2026 across Hebron Drive, Shannock Avenue, Danbury Lane and Norwich Street, also Maronda. Values center near $664,900 on 0.23 acre lots, houses typically 2,692 square feet, and nearly half have a pool because owners have had time to add them. Dues $441 semi annually, public sewer. It is nearly finished, so most of what you see here now is resale.

River Fly-In

River Fly-In needs a correction up front, because it gets described wrong constantly. It is a condominium on Pilot Lane in South Merritt Island, built 2024 and 2025 on a 13 acre site next to Merritt Island Airport. It is not a residential airpark. No taxiway behind the buildings, no hangar attached to a unit, no rolling an aircraft from your door to the runway. The association runs a golf cart shuttle to the field, a convenience, not taxiway access.

Taken for what it is, it is a well equipped waterfront condominium. Units run 1,334 to 2,178 square feet, values near $690,000, and at $377 a square foot it is the priciest per foot here. Eight in ten units face water on Sykes Creek toward the Banana River. Amenities include a clubhouse, pool, fitness center, sauna, elevators and a jogging path, dues around $828 a month. Part of the site carries an AE flood designation, so check Brevard County flood zones and price insurance early.

Finished and sold out

Armen Groves

Armen Groves is a K. Hovnanian community on Armen Drive, completed entirely in 2024, and it is sold out. Values sit near $659,900 on 0.34 acre lots, houses around 2,577 square feet, dues about $144 a month, public sewer. It finished so recently and completely that resale here is rare and moves fast.

Savannah Landings

Savannah Landings was built by Surrey Homes on Loymer Circle between 2021 and 2023 and is fully built out. Values center near $669,000 on 0.27 acre lots, houses around 2,435 square feet, two thirds of the homesites on water. Dues $325 quarterly, public sewer. Do not confuse it with The Savannahs, an older and larger golf course community up the road.

Heron Creek

Heron Creek is a Vintage Estate Homes community on Ambrosia Lane, built 2020 and 2021, gated and finished. This is the acreage entry, lots from 0.81 acre to over three, values near $886,000, dues around $1,600 a year. It is on septic, which matters, and I will get to why.

Preserve Pointe

Preserve Pointe is acre lots on Preserve Pointe Drive, completions from 2019 to 2024, behind a security gate. Values near $732,500, houses 2,584 to 3,047 square feet, every home with a pool. Dues $240 quarterly. Septic.

Georgiana Reserve

Georgiana Reserve is the south end entry, a short gated run on Aranceto Circle built in 2021 and 2022. Values near $838,000 on 0.36 acre lots, houses around 2,821 square feet, dues around $1,660 a year, mostly septic. Neighboring New Georgiana Settlement is the resale alternative.

Public sewer versus septic, and why it matters here

Look at the pattern. The communities strung along North Courtenay Parkway, Egret's Reserve, Island Forest Preserve, Egrets Landing, Armen Groves and Savannah Landings, are on public sewer. The ones on bigger, more remote parcels, Heron Creek, Preserve Pointe and Georgiana Reserve, are on septic. That is a service area boundary, not a quality difference, and it maps onto lot size.

Why it matters here is elevation and soil. This is a low, flat island with sandy ground and a seasonally high water table. A drainfield has to sit a required distance above that water table, which is why septic homes here often sit on a raised mound and why the lot has to hold both the system and a replacement area. That is why the acre lots at Preserve Pointe and Heron Creek are on septic while quarter acre production lots are not.

Three things follow. A septic system has a service life, needs pumping on a schedule and eventually needs a drainfield, which is not a repair you defer. Permits and inspections run through the Florida Department of Health in Brevard County, with enforcement handled by the state environmental agency since July 2021, so a paper trail exists. And the drainfield constrains where a future pool or addition can go.

Merritt Island new construction at a glance

Neighborhood Zone Builder Build years Typical value Wastewater Status
Egret's Reserve North Maronda Homes 2025 to 2026 $734,450 Public sewer Selling
Island Forest Preserve North Maronda Homes 2023 to 2026 $591,000 Public sewer Selling, gated
Egrets Landing North Maronda Homes 2017 to 2026 $664,900 Public sewer Nearly finished
River Fly-In South Not verified 2024 to 2025 $690,000 Public sewer Selling, condominium
Armen Groves North K. Hovnanian 2024 $659,900 Public sewer Sold out
Savannah Landings North Surrey Homes 2021 to 2023 $669,000 Public sewer Built out
Heron Creek North Vintage Estate Homes 2020 to 2021 $886,000 Septic Built out, gated
Preserve Pointe North Not verified 2019 to 2024 $732,500 Septic Built out, gated
Georgiana Reserve South Not verified 2021 to 2022 $838,000 Septic Built out, gated

Frequently Asked Questions

Which Merritt Island new construction communities are still selling?

Egret's Reserve and Island Forest Preserve, both Maronda, are actively delivering single family homes, with Egrets Landing finishing out. River Fly-In still has condominium inventory. Everything else is resale only.

Is River Fly-In an airpark with runway access?

No. It is a condominium community adjacent to Merritt Island Airport with a golf cart shuttle to the field. There is no taxiway access from the units and no attached hangars. Pilots like the proximity, but aircraft and residence stay apart.

How much new construction is left on Merritt Island?

Very little, concentrated in two Maronda communities on the north island. If a new build is non negotiable, plan on the north end and on moving quickly. If a 2017 to 2024 house that is functionally new works, the list opens up, and my page on North Merritt Island covers it. Aerospace transferees should read the aerospace relocation guide too.

Related on the Space Coast

Building or buying new on Merritt Island?

Here is what people learn the hard way. The agent in the model home works for the builder, not for you. Bring me to the first appointment, it costs you nothing and it changes who reads your contract. For the wider picture, start with buying a home in Merritt Island or moving to Brevard County, and know that my partner Nichole and I got your back. (321) 212-7676.

If you are weighing a Space Coast move and want help running the actual numbers on a specific city, neighborhood, or price point in Brevard County, I can put together a side-by-side comparison for you. My partner Nichole and I got your back. Reach out anytime at (321) 212-7676 or www.livingspacecoast.com.

Rachel Langley and Nichole Barna, REALTORS at Blue Marlin Real Estate

Merritt Island move?

Rachel and Nichole know Merritt Island.

Nichole is our Merritt Island specialist. She lives here, works here, and knows which streets flood, which docks reach open water, and which neighborhoods actually match your life. Rachel relocated to the Space Coast in 2022 and pairs Nichole's ground knowledge with everything relocating buyers need to weigh.

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Beware

Call us BEFORE you walk into a model home or open house.

The sales rep works for the builder, not for you. Builders let you have your own agent, but you HAVE to name us on your first visit. Walk in without us and you can lose the right to bring us in on that purchase.

Text us at 321-212-7676 first. We meet you there. You still get the new construction. You also get two REALTORS who negotiate pricing, contract terms, inspections, and repairs every week.

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