Living in Florida's Space Coast
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Every waterfront listing in South Merritt Island, updated daily from the MLS. South Merritt Island is MLS Area 253, with the Indian River on the west and the Banana River on the east. Along the narrow southern stretch some lots run from one river to the other.
On November 14, 2026 this search had 20 active listings, priced from $135,000 to $16,000,000. Counts change daily, and the listings below are always current. Check whether a dock was permitted and trace the bridge route from that dock to open water before you pay for boating access.
See the full South Merritt Island guide, or compare South Merritt Island luxury homes and Central Merritt Island waterfront homes. My partner Nichole and I got your back. Call or text (321) 212-7676.
South Merritt Island Waterfront Homes for Sale
~ 16+ BOTANICAL ACRES BETWEEN TWO RIVERS ~ A private landscape estate framed by the Indian River and Banana River! Majestic canopy oaks, elevated terrain, and carefully s...
- 4 Beds
- 7 Baths
- 1091007 MLS
Set high above the water on approximately 4.5 buildable acres (8.6 - total acres), 4747 S. Tropical Trail is a rare estate where privacy, scale, and an extraordinary rive...
- 6 Beds
- 7 Baths
- 1087304 MLS
Once in a lifetime opportunity to own an estate lot on S Tropical Trail, offering 353+/- feet of combined riverfront with 185+/- feet on the Banana River and 168 +/- feet...
- 1060014 MLS
With 150 feet of direct river frontage and set on 1.15 high elevation acres, this custom concrete block estate commands its position along the protected waters of Honeymo...
- 5 Beds
- 6 Baths
- 1070480 MLS
Introducing one of the most culturally significant and visually commanding waterfront offerings in all of Florida, the iconic Dragon Point. This .86-acre, fully buildable...
- 1065038 MLS
An amazing opportunity to build your brand new, custom home on this shovel ready, 2 acre, Riverfront home site in a quiet Merritt Island neighborhood. A complete set of ...
- 5 Beds
- 8 Baths
- 1064389 MLS
An extraordinary Space Coast luxury estate, completely reimagined in 2023 with lavish modern upgrades, offering the perfect blend of sophistication and coastal living. Se...
- 5 Beds
- 6 Baths
- 1072105 MLS
Modern Waterfront Masterpiece on Merritt Island with 142 feet of direct Indian River frontage. This 2024-built two-story home features full concrete block construction, a...
- 5 Beds
- 4 Baths
- 1073502 MLS
Nestled along the iconic South Tropical Trail, this extraordinary 2.73 acre waterfront estate offers a rare opportunity to own one of the Space Coast's most captivating r...
- 3 Beds
- 3 Baths
- 1081604 MLS
Residence 908 sits at the prow of River Fly-In on the 9th floor, looking across the runway, Sykes Creek and conservation land. Known in the building as "The Rolls Royce,"...
- 3 Beds
- 4 Baths
- 1085306 MLS
Experience waterfront living on the Space Coast in this stunning 5BR/3.5BA riverfront estate on the Indian River. A welcoming foyer sets the tone, leading to a private of...
- 5 Beds
- 4 Baths
- 1075792 MLS
Extraordinary opportunity to build your dream home directly on the Indian River in South Merritt Island. This 1.6 acre, partially cleared lot with current survey, sits ju...
- 1082501 MLS
Completely renovated in 2026! Set on 1.45 acres with direct Banana River frontage, this South Merritt Island estate has been transformed into a stunning coastal retreat. ...
- 5 Beds
- 4 Baths
- 1092175 MLS
Build Your House on the Hill! Discover one of the few remaining undeveloped parcels in Honeymoon Lake Estates, located in one of the most desirable and sought-after areas...
- 1087274 MLS
Amazing, Riverfront estate property in highly desirable, quiet Merritt Island neighborhood. Wind your way through beautiful Live Oaks to the already cleared area ready ...
- 1063399 MLS
Welcome to one of South Merritt Island's sought-after communities. Sitting on a lakefront lot, this spacious six-bedroom home offers a floor plan with incredible flexibil...
- 6 Beds
- 5 Baths
- 1087439 MLS
Beautiful one acre waterfront lot corner lot available in Hacienda Del Sol Estates on the Banana River with house pad in place, HOA approved 236 ft dock variance. Watch ...
- 934471 MLS
6.31 VACANT BANANA RIVERFRONT IN SOUTH MERRITT ISLAND Once upon a time, nestled on the picturesque South Merritt Island, there was a vacant piece of land that beckoned dr...
- 1063673 MLS
New Flooring, Fresh Interior Paint, Air Ducts Cleaned, New AC. Waterfront living in the heart of Merritt Island! Welcome to Sunset Bay, a gated waterfront community alon...
- 2 Beds
- 1 Baths
- 1086075 MLS
A perfect place with LOW HOA fees in the highly sought after Sunset Bay Condo nestled around large shaded oak trees on Tropical Trail In Merritt Island. This spacious and...
- 1 Beds
- 1 Baths
- 1077592 MLS
