About This Property
Description from listing agentWelcome to South Merritt Estates, one of Merritt Island's most desirable communities. This 3-bedroom, 2-bath pool home sits on a quiet cul-de-sac on an oversized 0.45-acre lot, offering a great opportunity to create your dream home. Located between the Indian and Banana Rivers, the neighborhood features a voluntary HOA with a private dock on the Indian River, perfect for fishing, kayaking, paddleboarding, and enjoying sunsets. Inside, the spacious floor plan offers solid bones and is ready for your personal updates. Outside, enjoy a screened pool resurfaced in 2023 and a large yard with mango, lychee, and many fruiting pineapple plants. Additional features include a 22kW whole-house generator with a 500-gallon propane tank, a utility garage, and hurricane shutters. A rare chance to own in one of South Merritt Island's most sought-after neighborhoods.
Space Coast Context
🚀 Launch Viewing — Great Views
18.2 mi from SLC-40
18.2 miles from SLC-40 — clear launch views from your yard or roof on most days.
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
- 7/9/26Listed$485K$218/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)
See & adjust the 1 comparable sale 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.
Location
Get DirectionsAdditional Details
Schools
Elementary
Tropical
Middle School
Jefferson
High School
Merritt Island
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $2,555
- Property taxes
- $485
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $485K price — down payment shown: $97,000.
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.
