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For SaleSingle Family Home
$545K
1545 W Coral Court, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Surfside Estates Unit 3
3
Bedrooms
2
Bathrooms
1,352
Sq Ft
1965
Year Built
$403 /sqft

About This Property

Description from listing agent

Bring your boat and your swimsuit - everything else is already done. This renovated 3-bedroom, 2-bath waterfront home offers the Florida lifestyle you've been dreaming of, complete with a private dock, boat lift, seawall, and sparkling screened saltwater pool. Inside, the thoughtfully redesigned kitchen features a custom island, updated finishes, and opens to the main living space, making it perfect for everyday living and entertaining. Luxury vinyl plank flooring, remodeled bathroom, fresh interior and exterior paint, and countless upgrades throughout mean there's nothing left to do but move in. Major improvements include a newer A/C, brand-new tankless water heater, upgraded 200-amp electrical service, and 650 SF air-conditioned garage that's ideal for hobbies, a workshop, or extra entertaining space. Spend your mornings on the water, your afternoons by the pool, and your evenings watching dolphins and manatees from the new waterfront deck. This is more than a home, it's a lifestyle!

Space Coast Context

🚀 Launch Viewing — Great Views

13.5 mi from SLC-40

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

Aerospace Commute Guide
SpaceX9.3 mi~21 min
Boeing/KSC9.4 mi~21 min
KSC9.7 mi~22 min
Lockheed9.7 mi~22 min
Blue Origin10.1 mi~23 min
Northrop18 mi~40 min
L3Harris19.8 mi~44 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 8/17/26
    Price change
    $545K -2.7%
    $403/sqft
  • 8/3/26
    Listed
    $560K
    $414/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 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
3.8% above median
Median comparable close: $525,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
94.3% of list price
At that rate, a competitive offer ≈ $513,664
Price Reductions
1 reduction
Originally listed at $560,000 · Cut $15,000 total
See & adjust the 4 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
0.17 acres (7,405 sqft)
Full Baths
2
Garage
2 car (attached)
Waterfront
Canal Navigational to Banana River
Pool
Yes
Days on Market
24
MLS Area
252 - N Banana River Dr.

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Aug 3, 2026
Parcel #
24-37-19-25-00007.0-0014.00
$545K

Listing Agent (for property info)

M
Macie Ann Pasquarelli
Coastal Life Properties LLC
321-514-3014
Call Listing Agent

Estimated Monthly Payment

$3,566/mo
Principal & interest
$2,871
Property taxes
$545
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $545K price — down payment shown: $109,000.

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# 1084000

What's Nearby

schools
Audubon Elementary School
0.4 mi away
fire stations
North Banana River Fire / Rescue Station 42
0.9 mi away
schools
Robert Louis Stevenson Elementary School of the Arts
1.0 mi away
shopping
Banana River Market
1.7 mi away
grocery
Walmart Supercenter
1.7 mi away
restaurants
Bagel World and Deli
1.8 mi away
schools
Merritt Island High School
1.9 mi away
schools
Lewis Carroll Elementary School
1.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084000 · Listing Broker: Coastal Life Properties 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.