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For SaleCondominium
$380K
200 S Sykes Creek Parkway #A410, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Merritt Towers Condo Ph I
3
Bedrooms
2
Bathrooms
1,764
Sq Ft
1985
Year Built
$215 /sqft

About This Property

Description from listing agent

Front-row rocket launches, dazzling sunsets, and waterfront living at its best! This upgraded 4th-floor corner unit at Merritt Towers overlooks Sykes Creek and Newfound Harbor, offering 3 bedrooms, 2 baths, and 1,764 sq. ft. of stylish living. The open kitchen features abundant counters, cabinets, a breakfast bar, and an adjacent laundry room with extra storage. The light and bright floor plan flows into an enclosed balcony, adding flexible living space—perfect as a den or porch with sliders open or closed. Recent updates include remodeled kitchen and baths, oak hardwood floors, fresh paint, and roll-down hurricane shutters. Merritt Towers delivers resort-style amenities: two pools (one heated), hot tub, sauna, tennis courts, dog park, car wash, shuffleboard, BBQ, boardwalk, and fishing pier. HOA covers cable, internet, water, trash, insurance, and grounds—only electric is separate. Minutes to Cocoa Beach, Cocoa Village, shopping, and dining!

Space Coast Context

🚀 Launch Viewing — Great Views

15.7 mi from SLC-40

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

Aerospace Commute Guide
SpaceX11.5 mi~26 min
Boeing/KSC11.5 mi~26 min
KSC11.7 mi~26 min
Lockheed11.8 mi~26 min
Blue Origin12 mi~27 min
Northrop16 mi~36 min
L3Harris17.9 mi~40 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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
  • 6/10/26
    Price change
    $380K -1.6%
    $215/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
11.6% below market
Median comparable close price: $430,000
Typical Offer Discount
100.0% of list price
At that rate, a competitive offer ≈ $380,000
Price Reductions
1 reduction
Originally listed at $380,000 · Cut $6,000 total
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
0.03 acres (1,307 sqft)
Full Baths
2
Total Rooms
10
HOA Fee
$635/mo
Waterfront
Banana River
Days on Market
372
MLS Area
253 - S Merritt Island

Community & HOA

HOA

  • Name: BP Davis Property Management
  • Fee: $635 / monthly

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Aug 22, 2025
Parcel #
24-36-36-00-00286.9-0000.00
$380K

Listing Agent (for property info)

N
Nick F Farinella Jr.
Coldwell Banker Realty
321-259-5280
Call Listing Agent

Estimated Monthly Payment

$3,167/mo
Principal & interest
$2,002
Property taxes
$380
Insurance & HOA
$785

Based on a 6.90% rate, 30-year loan, and $380K price — down payment shown: $76,000.

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# 1055194

What's Nearby

pharmacies
Walgreens
0.1 mi away
restaurants
0 Club
0.2 mi away
coffee shops
0 Club
0.2 mi away
restaurants
Steak 'n Shake
0.2 mi away
restaurants
Chick-fil-A
0.3 mi away
shopping
Merritt Square Mall
0.3 mi away
movie theaters
CMX Theatres
0.3 mi away
grocery
ALDI
0.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1055194 · Listing Broker: Coldwell Banker Realty · 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.