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For SaleSingle Family Home
$586K
234 Cove Loop Drive, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Villa De Palmas Sykes Cove
3
Bedrooms
2
Bathrooms
2,000
Sq Ft
1996
Year Built
$293 /sqft

About This Property

Description from listing agent

Welcome to 234 Cove Loop Dr, located in the sought after Sykes Cove neighborhood of Merritt Island! This vibrant community offers the perfect blend of comfort, convenience, and lifestyle with a playground, fishing pier, and community elementary school just steps away. From the moment you enter, you'll love the bright, open feel created by tile flooring throughout and a functional layout designed for both everyday living and entertaining. This 3 bedroom, 2 bathroom home also includes a dedicated laundry room, making daily life effortless. Step outside and prepare to be wowed! Your private enclosed pool is the star of the show, featuring a solar pool heating system so you can enjoy a swim any time of year. The covered back patio is fully equipped with hurricane roll down screens, giving you peace of mind. The big ticket items are already done. Roof 2016, Water Heater 2020, and HVAC 2022. You're just minutes from SR-528, and only a 40 minute drive to Orlando Airport MC0.

Space Coast Context

🚀 Launch Viewing — Great Views

13.8 mi from SLC-40

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

Aerospace Commute Guide
KSC9.1 mi~20 min
Boeing/KSC9.2 mi~21 min
SpaceX10 mi~22 min
Lockheed10.4 mi~23 min
Blue Origin11.2 mi~25 min
Northrop18.8 mi~42 min
L3Harris20.6 mi~46 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
  • 1/14/26
    Listed
    $586K
    $293/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 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
14.7% above median
Median comparable close: $510,920 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.2% of list price
At that rate, a competitive offer ≈ $581,351
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 5 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
0.21 acres (9,148 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$525/mo
Pool
Yes
Days on Market
161
MLS Area
251 - Central Merritt Island

Community & HOA

HOA

  • Name: Sykes Cove Community Association
  • Fee: $525 / annually

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jan 14, 2026
Parcel #
24-36-14-Oi-00000.0-0127.00
$586K

Listing Agent (for property info)

C
Caleb Jose Gomez
Blue Marlin Real Estate
321-294-8873
Call Listing Agent

Estimated Monthly Payment

$4,349/mo
Principal & interest
$3,088
Property taxes
$586
Insurance & HOA
$675

Based on a 6.90% rate, 30-year loan, and $586K price — down payment shown: $117,200.

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# 1066487

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Equal Housing Opportunity

MLS# 1066487 · 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.