About This Property
Description from listing agentExperience Florida living at its finest in this stunning waterfront pool home located in the gated community of Sunset Lakes in Merritt Island. This spacious two-story home offers 5 bedrooms, 4 full bathrooms, a 3-car garage, and a light-filled open floor plan designed for both everyday living and entertaining. The primary suite is conveniently located on the first floor, while upstairs features a versatile loft area, dedicated media room, and additional bedroom/office space perfect for work or play. Enjoy relaxing in the private screened pool and patio overlooking serene water views. A paver driveway and inviting curb appeal complete the exterior. Important update: seller will replace the roof prior to closing. Sunset Lakes offers resort-style amenities with low HOA fees including a private waterfront park, fishing pier on the scenic Indian River, walking trails, tennis, pickleball, basketball, volleyball courts, and a community playground. HVAC 2022
Space Coast Context
🚀 Launch Viewing — Great Views
12.8 mi from SLC-40
12.8 miles from SLC-40 — clear launch views from your yard or roof on most days.
Estimates only — verify with Google Maps.
Flood 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
- 6/11/26Price change$605K -0.9%$180/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
Price history and market context for this listing.
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.
Location
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Community & HOA
HOA
- Name: Sunset Lakes https://slhoa.com/
- Fee: $1,150 / annually
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $3,185
- Property taxes
- $605
- Insurance & HOA
- $1,300
Based on a 6.90% rate, 30-year loan, and $605K price — down payment shown: $120,900.
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.
