Indian Bay Merritt Island

In This Community
5 homes for sale
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Indian Bay is a community of single family homes in Merritt Island, Florida, with a range of options priced between $499,000 and $1,200,000. There are currently a total of 5 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 (2,046SF Under Air living space), and the largest of the Indian Bay homes currently on the market has four beds and three baths and is a 3,997 square foot (2,871SF Under Air) residence.

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 range from $320 to $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.

There is also a fishing pier.

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 September 2025) reflects six homes changing hands, with an average asking price of $718,283 and an average selling price of $704,250. This represents a healthy list-to-sell price ratio of 98% and $186 per square foot. During this period, Indian Bay homes for sale have taken an average of just 28 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

465 River Moorings Drive, Merritt Island
Reduced
$750,000
$999,900

MLS#1038988

465 River Moorings Drive
Merritt Island, FL 32953

4

3

2

3,997 SqFt

Pool

Water Front

0.36 Acres

210 Days

465 River Moorings Dr, MERRITT ISLAND
Reduced
$750,000
$999,900

MLS#MFRO6289213

465 River Moorings Dr
Merritt Island, FL 32953

4

3

2

3,997 SqFt

Pool

Water Front

0.36 Acres

202 Days

4774 Navaho Trail, Merritt Island
$699,900

MLS#1056708

4774 Navaho Trail
Merritt Island, FL 32953

3

3

2

3,603 SqFt

Pool

Water Front

0.53 Acres

11 Days

4740 Seminole Trail, Merritt Island
$569,000

MLS#1056784

4740 Seminole Trail
Merritt Island, FL 32953

4

2

2

2,390 SqFt

0.27 Acres

20 Days

4650 Comanche Trail, Merritt Island
Reduced
$499,000
$520,000

MLS#1052959

4650 Comanche Trail
Merritt Island, FL 32953

4

3

3

2,046 SqFt

0.35 Acres

46 Days

You may also be interested in Indian Bay in Vero Beach.
Recent home sales in Indian Bay

What schools are Indian Bay homes zoned for?

Where you live in Merritt Island determines which public schools your children may attend, which directly influences home values. Homes in Indian Bay are zoned for the following Brevard County school districts, making school zone boundaries a key factor in property desirability and market demand.

Elementary

Carroll Elementary School

Middle

Jefferson Middle School

High School

Merritt Island High School

Merritt Island Communities

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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