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For SaleLand / Lot
$899K
1324 Panther Lane, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: None
0
Bathrooms

About This Property

Description from listing agent

Discover the perfect blend of productivity, privacy, and possibility on this beautifully improved 10-acre property. Fully fenced, this exceptional parcel is ready for your vision--whether that's a private country estate, working farm, or equestrian retreat. At the heart of the property stands a brand-new 6,000 sq. ft. pole barn complete with water and electrical connections. Agricultural zoning opens the door to farming, equestrian activities, livestock, and other agricultural ventures--while still allowing you to create a private residential homestead. The land boasts excellent soil quality, with Phase I and Phase II reports and includes a deep-water well for abundant and reliable access. A newly dredged and deepened pond enhances the landscape, adding natural beauty and improved drainage. This can be your dream home surrounded by open skies, a sustainable homestead, a farm, investment or more. Opportunity. Infrastructure. Flexibility. Your next chapter starts here.

Space Coast Context

🚀 Launch Viewing — Great Views

9.2 mi from SLC-40

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

Aerospace Commute Guide
KSC3.6 mi~8 min
Boeing/KSC3.9 mi~9 min
SpaceX6.9 mi~15 min
Lockheed7.5 mi~17 min
Blue Origin9.3 mi~21 min
Northrop24.1 mi~54 min
L3Harris26 mi~58 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

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
10 acres (435,600 sqft)
Days on Market
51
MLS Area
250 - N Merritt Island

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jul 9, 2026
Parcel #
23-36-24-00-00256.0-0000.00
$899K

Listing Agent (for property info)

M
Marcus Truett
MBT Homes
407-569-5884
Call Listing Agent

Estimated Monthly Payment

$5,786/mo
Principal & interest
$4,737
Property taxes
$899
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $899K price — down payment shown: $179,800.

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.

MLS# 1051131

What's Nearby

fire stations
Courtenay Fire / Rescue Station 40
1.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1051131 · Listing Broker: MBT Homes · 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.