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For SaleCondominium
$175K
101 Summer Place #2, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Summer Place Condominium
2
Bedrooms
2
Bathrooms
1,037
Sq Ft
1988
Year Built
$169 /sqft

About This Property

Description from listing agent

Well-kept ground-floor 2 bed, 2 bath condo in the heart of Merritt Island! This light and bright home was originally the model unit, featuring elevated finishes throughout. The open floor plan showcases a mirrored accent wall and dining room off the kitchen. Newer carpet (May 2025), tile flooring, and ceiling fans enhance the space. The modern kitchen boasts stainless steel appliances, pantry, breakfast bar, and granite countertops. Through French doors, your private screened patio with tile flooring awaits—perfect for relaxing and enjoying the Florida breeze. Recent upgrades include a brand new AC condenser and blower (2025), 2023 dishwasher, 2022 impact windows and water heater, and 2016 air handler. A stackable washer/dryer is included for convenience. The pet-friendly community offers a sparkling pool, playground, racquetball court, and basketball court. Summer Place is centrally located minutes from beaches, Port Canaveral, and Historic Cocoa Village. Schedule your showing today!

Space Coast Context

🚀 Launch Viewing — Great Views

13.7 mi from SLC-40

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

Aerospace Commute Guide
KSC8.7 mi~19 min
Boeing/KSC8.9 mi~20 min
SpaceX10.1 mi~23 min
Lockheed10.6 mi~24 min
Blue Origin11.5 mi~26 min
Northrop19.5 mi~43 min
L3Harris21.3 mi~47 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
  • 2/2/26
    Listed
    $175K
    $169/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $173,000
Typical Offer Discount
95.7% of list price
At that rate, a competitive offer ≈ $167,421
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
0.07 acres (3,049 sqft)
Full Baths
2
Total Rooms
8
HOA Fee
$265/mo
Days on Market
143
MLS Area
251 - Central Merritt Island

Community & HOA

HOA

  • Name: Summer Place
  • Fee: $265 / monthly

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Feb 2, 2026
Parcel #
24-36-14-00-00280.J-0000.00
$175K

Listing Agent (for property info)

B
Brandon Thompson
Florida Lifestyle Realty LLC
321-210-5319
Call Listing Agent

Estimated Monthly Payment

$1,512/mo
Principal & interest
$922
Property taxes
$175
Insurance & HOA
$415

Based on a 6.90% rate, 30-year loan, and $175K price — down payment shown: $35,000.

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# 1068262

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Equal Housing Opportunity

MLS# 1068262 · Listing Broker: Florida Lifestyle 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.