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For SaleSingle Family Home
$896K
5250 Ambrosia Lane, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Heron Creek
4
Bedrooms
4
Bathrooms
3,336
Sq Ft
2020
Year Built
$269 /sqft

About This Property

Description from listing agent

Luxury meets waterfront living in this 2020-built home set within a private gated community in North Merritt Island. One of its standout features is an impressive 120 feet of lake frontage, creating breathtaking water views and a front-row seat to unforgettable rocket launches. Designed for both comfort and entertaining, the open floor plan flows seamlessly to a private heated saltwater pool and spa, added in 2021, while a dedicated office, whole-house water softener, reverse osmosis water system, security system, tile and carpet flooring, & low HOA fees add everyday convenience. The spacious primary suite offers custom his-and-hers walk-in closets and a spa-inspired ensuite bath with a soaking tub & walk-in shower. Outdoor living is enhanced by a combination of 6-ft PVC privacy fencing and 4-foot aluminum picket fencing. Just minutes from the Space Center, beaches, shopping, dining, & entertainment, this exceptional property delivers the perfect blend of luxury, privacy, & location.

Space Coast Context

🚀 Launch Viewing — Great Views

10.1 mi from SLC-40

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

Aerospace Commute Guide
KSC4.9 mi~11 min
Boeing/KSC5.1 mi~11 min
SpaceX7.3 mi~16 min
Lockheed7.9 mi~18 min
Blue Origin9.5 mi~21 min
Northrop22.9 mi~51 min
L3Harris24.8 mi~55 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.

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
0.81 acres (35,284 sqft)
Full Baths
3
Half Baths
1
Garage
3 car (attached)
HOA Fee
$146.21/mo
Waterfront
Yes
Pool
Yes
Days on Market
85
MLS Area
250 - N Merritt Island

Community & HOA

HOA

  • Name: Heron Creek HOA
  • Fee: $146.21 / monthly

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jun 5, 2026
Parcel #
23-36-25-52-0000a.0-0016.00
$896K

Listing Agent (for property info)

N
Nicole DeRoy
Compass Florida, LLC
321-501-3424
Call Listing Agent

Estimated Monthly Payment

$5,913/mo
Principal & interest
$4,721
Property taxes
$896
Insurance & HOA
$296

Based on a 6.90% rate, 30-year loan, and $896K price — down payment shown: $179,200.

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# 1079105

What's Nearby

fire stations
Courtenay Fire / Rescue Station 40
1.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1079105 · Listing Broker: Compass Florida, 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.