3 Days Ago
Highlights
- New appliances
- Granite counters
- 2-car garage
- Waterfront
- No smoking
- Large open pool
Location
540 Elliot Dr, Merritt Island, FL 32952, USA|South Merritt Estates Plantation
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Amenities for 540 Elliot Dr, South Merritt Estates Plantation
Apartment Amenities
| Central Air | Electric Heating |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Garage Parking | Outdoor Space |
| Swimming Pool |
Other
| Architecture Style: Ranch | Eight Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 540 Elliot Dr
Property Status: Active Waterfront POOL home also offers neighborhood access to Indian River with boat ramp and dock. Located in desirable South Merritt Estates Plantation, this beautifully updated property features new appliances, plank tile throughout, granite counters and wood cabinets in bathrooms and kitchen, with a 2-car garage, large open pool and a fenced yard sitting on .64 acres and a canal front. Lawn and pool care provided, NO PETS. NO SMOKING Office Phone: (321) 752-5858 Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 540 Elliot Dr compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 360 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from high schools
- The nearest high school is farther than 3 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 2 miles away
Address details
| Neighborhood | South Merritt Estates Plantation |
|---|---|
| Zip code | 32952 |
| Type | House for rent |
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Rent trends in South Merritt Estates Plantation
3-bedroom apartments at 540 Elliot Dr cost about 36% more than the average rent price for 3-bedroom apartments in Merritt Island.
Median rents as of Jan 31 2026.
Merritt Island
| Month | Median Rent |
|---|---|
| February 2024 | $2,437 |
| March 2024 | $2,539 |
| April 2024 | $2,685 |
| May 2024 | $2,575 |
| June 2024 | $2,575 |
| July 2024 | $2,456 |
| August 2024 | $2,445 |
| September 2024 | $2,438 |
| October 2024 | $2,487 |
| November 2024 | $2,550 |
| December 2024 | $2,400 |
| January 2025 | $2,500 |
| February 2025 | $2,600 |
| March 2025 | $2,745 |
| April 2025 | $2,858 |
| May 2025 | $2,797 |
| June 2025 | $2,799 |
| July 2025 | $2,756 |
| August 2025 | $2,437 |
| September 2025 | $2,614 |
| October 2025 | $2,586 |
| November 2025 | $2,645 |
| December 2025 | $2,595 |
| January 2026 | $2,547 |
Affordability calculator
Can I afford to live at 540 Elliot Dr?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$140,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $140,000 annually to afford this 3-bedrooms monthly rent price of $3,500.
For more information on rent affordability, visit our rent calculator.
Schools near 540 Elliot Dr
Tropical Elementary School
885 s courtenay pkwy
merritt island, FL, 32952
PK, K-6Public
B+
Merritt Island High School
100 mustang way
merritt island, FL, 32953
PK, 9-12Public
B+
Freedom 7 Elementary School of International Studies
400 s 4th st
cocoa beach, FL, 32931
K-6Public
A-
Robert L. Stevenson Elementary School
1450 martin blvd
merritt island, FL, 32952
K-6Public
A-
Brevard Virtual School
1225 clearlake rd
cocoa, FL, 32922
K-12Public
A-
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Internet available near 540 Elliot Dr
Neighborhood
South Merritt Estates Plantation | Merritt Island, FL
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Merritt Island near 540 Elliot Dr
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 540 Elliot Dr, Merritt Island
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Nightlife
0/10
Few or no bars within walking distance
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Check availability
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