Indian Bay Merritt Island

Indian Bay is a community of single family homes in Merritt Island, Florida, with a range of options priced between $499,000 and $669,000. There are currently a total of 3 homes for sale in Indian Bay. The smallest Indian Bay home presently available is a three bedroom two bathroom residence that is 3,603 square feet (2,322SF Under Air living space).

Property management fees in Brevard County vary depending on the community and sometimes vary between homes in the community. The current HOA fees for homes in Indian Bay are $385. This fee includes common area maintenance, grounds maintenance, and real estate taxes for common areas. Please check the individual listing pages for the exact homeowners association fees for a particular Indian Bay home.

The Indian Bay HOA rules do allow homeowners to have pets. Dogs and cats are allowed.

There are four commercial airports that serve Indian Bay - Melbourne Orlando International (MLB), which is twenty four miles away; Orlando International (MCO), which is 36 miles away; Orlando Executive (ORL), which is 38 miles away, and Orlando Sanford International (SFB), which is 39 miles away from Indian Bay.

Indian Bay real estate activity on the Merritt Island MLS during the past year (as of November 2025) reflects four homes changing hands, with an average asking price of $627,475 and an average selling price of $618,875. This represents a healthy list-to-sell price ratio of 99% and $184 per square foot. During this period, Indian Bay homes for sale have taken an average of just 18 days to sell.

In addition, there are numerous other communities in Merritt Island to choose from, or you may browse all available Merritt Island Real Estate, including some new construction opportunities. Homes for sale in Indian Bay are selling quickly. Set up a new listing alert, and we will notify you immediately when a new home in Indian Bay hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your Space Coast real estate needs.

Indian Bay Homes For Sale

Reduced

$669,000

$699,900

MLS#1056708

4774 Navaho Trail
Merritt Island, FL 32953

3

3

2

3,603 SqFt

Pool

Water Front

0.53 Acres

56 Days

$569,000

MLS#1056784

4740 Seminole Trail
Merritt Island, FL 32953

4

2

2

2,390 SqFt

0.27 Acres

65 Days

Reduced

$539,000

$569,000

MLS#1060106

415 Indian Bay Blvd
Merritt Island, FL 32953

4

2

3

2,322 SqFt

0.35 Acres

22 Days

You may also be interested in Indian Bay in Vero Beach.

3 Active Listings in Indian Bay