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For SaleCondominium
$320K
821 Del Rio Way #502, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Harbor Del Rio Condo Ph I
3
Bedrooms
2
Bathrooms
1,852
Sq Ft
2003
Year Built
$173 /sqft

About This Property

Description from listing agent

Relaxation abounds with unobstructed panoramic views of water and wildlife preserve. This stunning penthouse has fresh paint creating a bright living space, and features ALL tile throughout, an open floor plan with extensive cabinetry and displays, Primary has private balcony access through a french door with plantation shutters, his/her closets & built ins, and a newly refinished shower. Guest rooms offer private balcony access too. Other features include 2022 HVAC, washer and dryer, in-unit laundry room and owners will have peace of mind with storm shutters, under-building parking and a secure lobby access. Residents will appreciate this well-maintained community and all the amenities of a beautiful clubhouse, fitness center, pool, spa, gazebo, BBQ, picnic area and benches for an active lifestyle while being only minutes to the soon to be finished hospital, shopping and dining while being a short drive to Port Canaveral, beaches and Orlando International airport.

Space Coast Context

🚀 Launch Viewing — Great Views

15.4 mi from SLC-40

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

Aerospace Commute Guide
Boeing/KSC11.1 mi~25 min
KSC11.2 mi~25 min
SpaceX11.3 mi~25 min
Lockheed11.6 mi~26 min
Blue Origin12 mi~27 min
Northrop16.7 mi~37 min
L3Harris18.5 mi~41 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
  • 7/15/26
    Listed
    $320K
    $173/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)

Price vs. Comparable Sales
At market value
Median comparable close price: $320,000
Typical Offer Discount
91.4% of list price
At that rate, a competitive offer ≈ $292,571
Price Reductions
No reductions
Listed price has not changed since hitting the market
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.

Additional Details

Lot Size
0.12 acres (5,227 sqft)
Full Baths
2
Total Rooms
8
Garage
1 car (attached)
HOA Fee
$792/mo
Days on Market
43
MLS Area
251 - Central Merritt Island

Community & HOA

HOA

  • Name: Harbor Del Rio/BP Davis, Management
  • Fee: $792 / monthly

Schools

Elementary

Mila

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jul 15, 2026
Parcel #
24-36-25-00-00501.H-0000.00
$320K

Listing Agent (for property info)

T
Theresa Friend
RE/MAX Elite
321-537-0777
Call Listing Agent

Estimated Monthly Payment

$2,948/mo
Principal & interest
$1,686
Property taxes
$320
Insurance & HOA
$942

Based on a 6.90% rate, 30-year loan, and $320K price — down payment shown: $64,000.

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# 1082607

What's Nearby

schools
Faith Lutheran Preschool and Kindergarten
0.3 mi away
restaurants
Tropical Smoothie Cafe
0.3 mi away
restaurants
Jersey Mike's Subs
0.3 mi away
restaurants
Five Guys
0.3 mi away
restaurants
Papa John's
0.4 mi away
grocery
ALDI
0.4 mi away
restaurants
Burger King
0.4 mi away
restaurants
Chipotle
0.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1082607 · Listing Broker: RE/MAX Elite · 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.