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For SaleSingle Family Home
$325K
1340 Lester Court, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Caribbean Isles Unit 1
3
Bedrooms
2
Bathrooms
1,496
Sq Ft
1964
Year Built
$217 /sqft

About This Property

Description from listing agent

No electric bill with paid-off solar panels (2023). This fully renovated, beautiful home is move-in ready and filled with natural light throughout. The modern kitchen features brand-new stainless steel appliances and white shaker cabinets, opening to a bright and inviting living space. Offering 3 bedrooms + a large bonus room; ideal for a home office, playroom, gym, or additional living space. The primary suite features sliding glass doors to the backyard, creating a seamless indoor-outdoor living experience. Both bathrooms have been tastefully remodeled with a clean, modern design. 2022 roof, 2023 A/C, and 2021 water heater. Large, fully fenced backyard with a side gate for a small boat, trailer, or outdoor toy parking. No HOA. Centrally located, minutes to shopping, river access and boat launches, Cocoa Beach, Port Canaveral, and Kennedy Space Center.

Space Coast Context

🚀 Launch Viewing — Great Views

14.3 mi from SLC-40

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

Aerospace Commute Guide
SpaceX10 mi~22 min
Boeing/KSC10.2 mi~23 min
Lockheed10.4 mi~23 min
KSC10.5 mi~23 min
Blue Origin10.7 mi~24 min
Northrop17.2 mi~38 min
L3Harris19 mi~42 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

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

Price History

Date
Event
Price
  • 3/26/26
    Listed
    $325K
    $217/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

Based on 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
3.2% above median
Median comparable close: $315,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.9% of list price
At that rate, a competitive offer ≈ $318,139
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 6 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

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
0.17 acres (7,405 sqft)
Full Baths
2
Garage
2 car
Days on Market
95
MLS Area
253 - S Merritt Island

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Mar 26, 2026
Parcel #
24-37-30-27-0000e.0-0005.00
$325K

Listing Agent (for property info)

M
Muriel Kimball
One Sotheby's International
321-368-0610
Call Listing Agent

Estimated Monthly Payment

$2,187/mo
Principal & interest
$1,712
Property taxes
$325
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $325K price — down payment shown: $65,000.

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# 1072960

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Equal Housing Opportunity

MLS# 1072960 · Listing Broker: One Sotheby's International · 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.