1 / 47
For SaleSingle Family Home
$675K
624 Millwheel Drive, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Watermill
4
Bedrooms
3
Bathrooms
2,199
Sq Ft
1989
Year Built
$307 /sqft

About This Property

Description from listing agent

Welcome to this spacious 4-bedroom, 3-bathroom pool home with dedicated den/office space in the desirable Watermill subdivision of South Merritt Island! This charming home blends tasteful updates with distinctive rustic character, creating a warm and inviting space ready for its next owners. This home has been updated from top to bottom-inside and out! Major updates include-newer roof, AC, septic system, fence, flooring, updated kitchen and bathrooms! Adding a truly unique touch, this home features a striking accent wall crafted from reclaimed wood sourced from a 100-year-old tobacco barn in Tennessee, with matching barn wood accents throughout that give the home its signature rustic charm. With its inviting pool, picturesque lakeside setting, and extensive upgrades, this exceptional property offers the perfect combination of character, comfort, and modern convenience. Don't miss your opportunity to make this South Merritt Island beauty your own!

Space Coast Context

🚀 Launch Viewing — Great Views

18.4 mi from SLC-40

18.4 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
Northrop13.3 mi~30 min
SpaceX13.9 mi~31 min
Blue Origin14.1 mi~31 min
Lockheed14.2 mi~32 min
Boeing/KSC14.4 mi~32 min
KSC14.6 mi~33 min
L3Harris15.1 mi~34 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 10/8/26
    Listed
    $675K
    $307/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • ✓Same property type, always (single family, condo, townhouse, etc.)
  • ✓Single-story homes compared only to single-story (and multi to multi)
  • ✓Exact bedroom count
  • ✓Bathrooms within ±0.5
  • ✓Garage spaces within ±1
  • ✓Pool status must match
  • ✓Waterfront status must match
  • ✓HOA must match (HOA community vs. no HOA)
  • ✓Price within ±5–20% of list price (tightest in early tiers)
  • ✓Square footage within ±10–25% (tighter in early tiers)
  • ✓Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.35 acres (15,246 sqft)
Full Baths
3
Garage
2 car
Fireplaces
1
HOA Fee
$270/mo
Waterfront
Yes
Pool
Yes
Days on Market
1
MLS Area
253 - S Merritt Island

Community & HOA

HOA

  • Name: Watermill
  • Fee: $270 / annually

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Oct 13, 2026
Parcel #
25-36-13-27-00000.0-0035.00
$675K

Listing Agent (for property info)

C
Christine George
Blue Marlin Real Estate
407-494-9144
Call Listing Agent

Estimated Monthly Payment

$4,651/mo
Principal & interest
$3,556
Property taxes
$675
Insurance & HOA
$420

Based on a 6.90% rate, 30-year loan, and $675K price — down payment shown: $135,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1089540

What's Nearby

schools
Thomas Jefferson Junior High School
1.5 mi away
schools
New World Learning Center
1.6 mi away
fire stations
Merritt Island Airport Fire / Rescue Station 43
1.9 mi away
schools
Tropical Elementary School
2.1 mi away
government
Rockledge Post Office
2.4 mi away
shopping
Speedway
2.4 mi away
fire stations
Rockledge Fire Department Station 3
2.5 mi away
restaurants
McDonald's
2.5 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1089540 · Listing Broker: Blue Marlin Real Estate · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.