About This Property
Description from listing agentYour home in Merritt Island awaits you! Welcome to 235 Spring Drive, Unit 5., a well maintained 2 bedroom/2 bath, 1037 SQ Ft unit on the ground floor. Enjoy private relaxation and entertaining on your screened porch with a large green space for playing or the pup in the back and no neighbors behind you. A sensible floorplan provides flow and function to meet your needs. Impact windows were recently installed for peace of mind, while the sliding door remains non-impact. 2017 Roof & newer water heater provide additional value. The galley kitchen and breakfast nook includes a large pantry space, breakfast bar, and ample cabinet storage. Spacious primary suite offers laminate floors, a walk-in closet, and an ensuite bathroom. Located in the well managed Summer Place Condominium with monthly condo fees of only $265.Amenities offer fun and recreation for the whole family, including a community pool, basketball court, playground, and more. Ten minutes away from KSC, the port & the Beaches.
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.
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
- 8/12/26Listed$169K$163/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.
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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: Summer Place Condominium
- Fee: $265 / monthly
Schools
Elementary
Carroll
Middle School
Jefferson
High School
Merritt Island
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $890
- Property taxes
- $169
- Insurance & HOA
- $415
Based on a 6.90% rate, 30-year loan, and $169K price — down payment shown: $33,800.
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.
