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For SaleSingle Family Home
$518K
1500 S Harbor Drive, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Surfside Estates Unit 3
3
Bedrooms
2
Bathrooms
1,768
Sq Ft
1966
Year Built
$293 /sqft

About This Property

Description from listing agent

Welcome to 1500 S Harbor Drive, a beautifully remodeled canal-front home in the desirable Surfside Estates community of Merritt Island. Situated on a spacious corner lot, this 3-bedroom, 2-bath residence offers the perfect blend of modern updates, waterfront living, and Florida lifestyle. The open-concept floor plan features updated finishes throughout, creating a bright and inviting atmosphere ideal for both everyday living and entertaining. Major improvements provide peace of mind, including PVC sewer lines, PEX water supply lines, new AC ductwork, hurricane shutters on all windows and sliders, and a 2017 roof and AC system. Step outside to enjoy new pavers, a relaxing hot tub, and plenty of outdoor space overlooking the canal. Boating enthusiasts will appreciate the approved dock expansion options and direct canal access, making it easy to enjoy the waterways right from your backyard. 15 min drive to NASA SpaceX and Blue Origin, 1 mile from Kelly Park boat launch and 7 min to beach!

Space Coast Context

🚀 Launch Viewing — Great Views

13.6 mi from SLC-40

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

Aerospace Commute Guide
SpaceX9.4 mi~21 min
Boeing/KSC9.4 mi~21 min
KSC9.7 mi~22 min
Lockheed9.8 mi~22 min
Blue Origin10.2 mi~23 min
Northrop17.9 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
  • 7/1/26
    Price change
    $518K -0.1%
    $293/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
5.6% above median
Median comparable close: $490,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.5% of list price
At that rate, a competitive offer ≈ $514,886
Price Reductions
1 reduction
Originally listed at $517,500 · Cut $500 total
See & adjust the 2 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
0.18 acres (7,841 sqft)
Full Baths
2
Garage
2 car (attached)
Waterfront
Banana River
Days on Market
37
MLS Area
252 - N Banana River Dr.

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jun 5, 2026
Parcel #
24-37-19-25-00007.0-0009.00
$518K

Listing Agent (for property info)

J
Jill Pavalock
EXP Realty, LLC
321-514-5700
Call Listing Agent

Estimated Monthly Payment

$3,394/mo
Principal & interest
$2,727
Property taxes
$518
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $518K price — down payment shown: $103,500.

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# 1078801

Interested in this property?

Equal Housing Opportunity

MLS# 1078801 · Listing Broker: EXP Realty, 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.