About This Property
Description from listing agentDiscover a rare opportunity to own 1.66 acres of waterfront living in Merritt Island at 365 Newfound Harbor. This unique property offers both land and water access, creating a lifestyle that is private, spacious, and deeply connected to Florida's natural beauty. The home has been thoughtfully updated with a new metal roof, a fully renovated kitchen with stainless steel appliances, luxury vinyl plank flooring, and updated bathrooms. Fresh paint, modern finishes, and a beautiful interior make it move-in ready, while the 336 sq ft Florida room with dual ACs and a newly screened patio provide spaces to enjoy the outdoors year-round. Step onto your rebuilt dock and spend the day fishing, kayaking, or taking a boat out to the main river. With room to add a pool, outdoor kitchen, or even a guest house, this property offers endless potential. Large waterfront lots of this scale are a rarity in Merritt Island, making this a truly special find.
Space Coast Context
🚀 Launch Viewing — Great Views
15.6 mi from SLC-40
15.6 miles from SLC-40 — clear launch views from your yard or roof on most days.
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
- 8/29/25Listed$499K$362/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.
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 (single family, condo, townhouse, etc.)
- ✓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)
- ✓Square footage within ±15%
- ✓Year built within ±15 years
We start with your neighborhood, then expand to 3 miles, then 5 miles until we have enough comps. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.
This is the same analysis a local agent performs by hand — done automatically on every listing.
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.
Location
Get DirectionsAdditional Details
Schools
Elementary
Tropical
Middle School
Jefferson
High School
Merritt Island
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $2,629
- Property taxes
- $499
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $499K price — down payment shown: $99,800.
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.
