For SaleLand / Lot
$325K
435 Gails Way, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: None
0
Bathrooms

About This Property

Description from listing agent

Own a slice of Florida Heaven with this 1.5 acre wooded lot that is situated in a quiet neighborhood just off Tropical Trail. Park your boat in your backyard and venture to the Indian River or further.

Space Coast Context

🚀 Launch Viewing — Great Views

12.3 mi from SLC-40

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

Aerospace Commute Guide
KSC6.6 mi~15 min
Boeing/KSC7.2 mi~16 min
SpaceX9.5 mi~21 min
Lockheed10.1 mi~23 min
Blue Origin11.5 mi~26 min
Northrop22 mi~49 min
L3Harris23.8 mi~53 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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
  • 8/9/26
    Listed
    $325K

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
8.3% above median
Median comparable close: $300,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
88.2% of list price
At that rate, a competitive offer ≈ $286,765
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
1.52 acres (66,211 sqft)
Waterfront
Canal Navigational to Indian River
Days on Market
18
MLS Area
250 - N Merritt Island

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Aug 9, 2026
Parcel #
23-36-34-00-00520.0-0000.00
$325K

Listing Agent (for property info)

M
Missy Barley
StarFish Realty
386-262-2728
Call Listing Agent

Estimated Monthly Payment

$2,187/mo
Principal & interest
$1,712
Property taxes
$325
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $325K price — down payment shown: $65,000.

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# 1084571

What's Nearby

gas stations
Shell
1.7 mi away
restaurants
Red Wagon BBQ
2.4 mi away
gas stations
Marathon
2.4 mi away
shopping
Marathon
2.4 mi away
shopping
Marathon
2.4 mi away
restaurants
Dunkin' Donuts
2.5 mi away
fire stations
Courtenay Fire / Rescue Station 40
2.7 mi away
restaurants
Starbucks
2.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084571 · Listing Broker: StarFish Realty · 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.