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For SaleSingle Family Home
$200K
512 Orange Avenue, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Merritt Ridge Sheet 2
3
Bedrooms
2
Bathrooms
1,604
Sq Ft
1957
Year Built
$125 /sqft

About This Property

Description from listing agent

Lowest priced home by nearly 100k!. Currently a 2/2 but can easily be converted back to a 3/2 as originally built. Property needs FULL rehab and trash out. No HOA!. New roof (2024), HVAC (2021), and new water and sewer lines (2025). It is located in a quiet neighborhood close to Cocoa Beach, with convenient access to main roads, shopping, and nearby amenities. Cash only. All inspections must be done prior to offering. Room measurements are approximate. Please verify if important.

Space Coast Context

🚀 Launch Viewing — Great Views

16.3 mi from SLC-40

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

Aerospace Commute Guide
Boeing/KSC12 mi~27 min
KSC12.1 mi~27 min
SpaceX12.1 mi~27 min
Lockheed12.5 mi~28 min
Blue Origin12.8 mi~29 min
Northrop15.9 mi~35 min
L3Harris17.7 mi~39 min

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

Date
Event
Price
  • 3/27/26
    Listed
    $200K
    $125/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.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.21 acres (9,148 sqft)
Full Baths
2
Total Rooms
3
Garage
1 car
Days on Market
90
MLS Area
253 - S Merritt Island

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Mar 27, 2026
Parcel #
24-36-35-77-0000b.0-0007.00
$200K

Listing Agent (for property info)

L
Lisa Kaye Braniff
Braniff Realty, LLC
985-445-7700
Call Listing Agent

Estimated Monthly Payment

$1,403/mo
Principal & interest
$1,053
Property taxes
$200
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $200K price — down payment shown: $39,980.

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# 1073123

Interested in this property?

Equal Housing Opportunity

MLS# 1073123 · Listing Broker: Braniff 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.