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For SaleSingle Family Home
$435K
1451 Grand Cayman Drive, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Island Crossings Phase 3
3
Bedrooms
2
Bathrooms
2,046
Sq Ft
1997
Year Built
$213 /sqft

About This Property

Description from listing agent

Motivated Seller! What a wonderful opportunity to own a beautiful home in a highly sought after neighborhood of Island Crossings! This home features an open concept floor plan with vaulted ceilings, nicely sized bedrooms and bathrooms, huge covered screen porch with large sliding glass doors. The home backs up to a nature preserve and pond so no neighborhoods behind you creating a peaceful setting and views. HVAC and HW heater 2020, roof 2018. The lot size of .3 acres is larger than most lots in the community so the possibilities are endless for outdoor activities, boat/camper storage, pool addition, garden, etc. Super convenient location within easy driving distance of schools, shopping, restaurants and major roads. Less than 15 minutes to the beaches and Port Canaveral, 40 mins to Orlando Int'l airport and about an hour to Central Florida attractions. Kelly Park is less than a mile away where you will find public boat launch and Banana access, soccer fields, jogging trails and

Space Coast Context

🚀 Launch Viewing — Great Views

12.4 mi from SLC-40

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

Aerospace Commute Guide
Boeing/KSC8.2 mi~18 min
KSC8.4 mi~19 min
SpaceX8.4 mi~19 min
Lockheed8.8 mi~20 min
Blue Origin9.5 mi~21 min
Northrop19.2 mi~43 min
L3Harris21.1 mi~47 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
  • 11/8/25
    Listed
    $435K
    $213/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
At market value
Median comparable close price: $430,000
Typical Offer Discount
97.3% of list price
At that rate, a competitive offer ≈ $423,374
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
0.3 acres (13,068 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$96/mo
Days on Market
224
MLS Area
252 - N Banana River Dr.

Community & HOA

HOA

  • Name: LeLand Property Management
  • Fee: $96 / quarterly

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Nov 12, 2025
Parcel #
24-37-18-30-0000e.0-0006.00
$435K

Listing Agent (for property info)

E
Eric Krall
Blue Marlin Real Estate
321-704-3395
Call Listing Agent

Estimated Monthly Payment

$2,973/mo
Principal & interest
$2,292
Property taxes
$435
Insurance & HOA
$246

Based on a 6.90% rate, 30-year loan, and $435K price — down payment shown: $87,000.

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# 1061893

Interested in this property?

Equal Housing Opportunity

MLS# 1061893 · 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.