1 / 3
For SaleLand / Lot
$180K
828 Newfound Harbor Drive, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: None
0
Bathrooms

About This Property

Description from listing agent

FISH FOR FUN RIGHT IN YOUR OWN BACKYARD ON THIS BEAUTIFUL .95-ACRE CITY WATER LOT NESTLED AT THE END OF A QUIET DEAD-END ROAD IN DESIRABLE MERRITT ISLAND. SHADED BY MAJESTIC OAK TREES, THE PROPERTY OFFERS A PEACEFUL SETTING WITH A CANAL ALONG THE REAR, PROVIDING ADDED PRIVACY AND A SCENIC NATURAL BACKDROP. A BRAND-NEW AEROBIC TREATMENT UNIT INSTALLED IN 2026 IS READY FOR HOOKUP AND, PER THE OWNER, IS SUITABLE FOR A HOME UP TO APPROXIMATELY 2,250 SQUARE FEET. A 12' X 20' SHED IS ALSO LOCATED ON THE PROPERTY FOR ADDITIONAL STORAGE. THE EXISTING STRUCTURE WILL NEED TO BE REMOVED, CREATING A BLANK CANVAS FOR YOUR FUTURE PLANS. BUYERS SHOULD VERIFY DEVELOPMENT OPTIONS WITH THE APPROPRIATE MUNICIPAL AUTHORITIES. ENJOY THE RARE OPPORTUNITY TO OWN NEARLY AN ACRE OF LAND WITH CONVENIENT ACCESS TO SHOPPING, DINING, BANKING, THE INDIAN RIVER, AND THE BEAUTIFUL ATLANTIC OCEAN BEACHES. DON'T MISS THIS EXCEPTIONAL OPPORTUNITY!

Space Coast Context

🚀 Launch Viewing — Great Views

16 mi from SLC-40

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

Aerospace Commute Guide
SpaceX11.5 mi~26 min
Blue Origin11.8 mi~26 min
Lockheed11.8 mi~26 min
Boeing/KSC12.2 mi~27 min
KSC12.6 mi~28 min
Northrop15 mi~33 min
L3Harris16.9 mi~38 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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
  • 8/21/26
    Price change
    $180K -5.3%
  • 7/26/26
    Price change
    $190K -5.0%

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
2 reductions
Originally listed at $189,900 · Cut $20,000 total
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
0.95 acres (41,382 sqft)
Days on Market
133
MLS Area
254 - Newfound Harbor

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jun 4, 2026
Parcel #
25-37-06-00-00023.4-0000.00
$180K

Listing Agent (for property info)

C
Cheryl L Smith
Cheryl Smith Realty, Inc
321-544-8449
Call Listing Agent

Estimated Monthly Payment

$1,278/mo
Principal & interest
$948
Property taxes
$180
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $180K price — down payment shown: $35,980.

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# 1079095

What's Nearby

restaurants
Bagel World and Deli
1.1 mi away
grocery
Walmart Supercenter
1.2 mi away
shopping
Banana River Market
1.2 mi away
pharmacies
Walgreens
1.5 mi away
fire stations
Merritt Island Airport Fire / Rescue Station 43
1.6 mi away
schools
Thomas Jefferson Junior High School
1.6 mi away
restaurants
0 Club
1.6 mi away
coffee shops
0 Club
1.6 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1079095 · Listing Broker: Cheryl Smith Realty, Inc · 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.