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For SaleSingle Family Home
$298K
4381 Timothy Drive, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Osprey Village at Cedar Creek Ph II
3
Bedrooms
2
Bathrooms
1,732
Sq Ft
2003
Year Built
$172 /sqft

About This Property

Description from listing agent

Located in Osprey Village, a gated 55+ community in North Merritt Island, this 3-bed, 2-bath home offers serene wetland and Sykes Creek views from its private screened lanai. The lanai is the centerpiece of the outdoor space, featuring stone flooring and a full outdoor kitchen. Inside, tall ceilings and wide sliding doors provide abundant natural light, with tile flooring flowing through the main living areas. The kitchen has solid wood cabinets, a breakfast bar, and a spacious pantry. The primary has sliders to the lanai, two walk-in closets, and an en suite with a double vanity, walk-in shower, and a soaking tub. All bedrooms are carpeted for comfort. The attached 2-car garage and laundry with included washer/dryer add convenience. Residents enjoy a pool, bocce ball court, and being minutes to the beaches with a great view of rocket launches. The HOA covers cable, internet, lawn care, exterior maintenance and roof replacement -- completed in 2020. Low-maintenance living awaits!

Space Coast Context

🚀 Launch Viewing — Great Views

11.5 mi from SLC-40

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

Aerospace Commute Guide
KSC6.4 mi~14 min
Boeing/KSC6.6 mi~15 min
SpaceX8.4 mi~19 min
Lockheed8.9 mi~20 min
Blue Origin10.2 mi~23 min
Northrop21.6 mi~48 min
L3Harris23.4 mi~52 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
  • 10/2/26
    Listed
    $298K
    $172/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
0.2 acres (8,712 sqft)
Full Baths
2
Total Rooms
10
Garage
2 car (attached)
HOA Fee
$560/mo
Waterfront
Sykes Creek
Senior Community
Yes
Days on Market
9
MLS Area
250 - N Merritt Island

Community & HOA

HOA

  • Name: Osprey Village COA/Rocket Assoc Mgmt
  • Fee: $560 / monthly

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Oct 2, 2026
Parcel #
24-36-02-nj-0000i.0-0003.00
$298K

Listing Agent (for property info)

K
Kelly Hamilton
Florida Lifestyle Realty LLC
321-863-4915
Call Listing Agent

Estimated Monthly Payment

$2,578/mo
Principal & interest
$1,570
Property taxes
$298
Insurance & HOA
$710

Based on a 6.90% rate, 30-year loan, and $298K price — down payment shown: $59,600.

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# 1089116

What's Nearby

gas stations
Shell
1.5 mi away
restaurants
Red Wagon BBQ
2.2 mi away
restaurants
Dunkin' Donuts
2.3 mi away
restaurants
Starbucks
2.5 mi away
coffee shops
Starbucks
2.5 mi away
restaurants
Sonic
2.7 mi away
schools
Lewis Carroll Elementary School
2.7 mi away
fire stations
Courtenay Fire / Rescue Station 40
2.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1089116 · Listing Broker: Florida Lifestyle Realty LLC · 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.