1 / 32
For SaleSingle Family Home
$310K
4301 Timothy Drive, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Osprey Village at Cedar Creek Ph II
3
Bedrooms
2
Bathrooms
1,638
Sq Ft
2004
Year Built
$189 /sqft

About This Property

Description from listing agent

Welcome to easy Florida living in this beautifully maintained home located in a desirable gated 55+ community in Merritt Island! This charming residence features a brand new 2026 central A/C system for year-round comfort and peace of mind. Enjoy a low-maintenance lifestyle with an association that covers roof replacement (replaced in 2020), cable & internet, exterior maintenance including painting, landscaping, and more. Residents also have access to fantastic community amenities including a heated pool and bocce court. Conveniently located near shopping, dining, beaches, and everything the Space Coast has to offer, this home is the perfect blend of comfort, convenience, and community living!

Space Coast Context

🚀 Launch Viewing — Great Views

11.5 mi from SLC-40

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

Aerospace Commute Guide
KSC6.4 mi~14 min
Boeing/KSC6.6 mi~15 min
SpaceX8.4 mi~19 min
Lockheed8.9 mi~20 min
Blue Origin10.2 mi~23 min
Northrop21.6 mi~48 min
L3Harris23.4 mi~52 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal 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

Date
Event
Price
  • 6/14/26
    Price change
    $310K -1.6%
    $189/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
At market value
Median comparable close price: $305,000
Typical Offer Discount
96.3% of list price
At that rate, a competitive offer ≈ $298,535
Price Reductions
1 reduction
Originally listed at $309,994 · Cut $5,000 total
See & adjust the 2 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
0.21 acres (9,148 sqft)
Full Baths
2
Total Rooms
9
Garage
2 car (attached)
HOA Fee
$610/mo
Senior Community
Yes
Days on Market
55
MLS Area
251 - Central Merritt Island

Community & HOA

HOA

  • Name: Osprey Village at Cedar Creek
  • Fee: $610 / monthly

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
May 22, 2026
Parcel #
24-36-02-Nj-0000i.0-0011.00
$310K

Listing Agent (for property info)

B
Brooke Bell
Denovo Realty
321-326-0186
Call Listing Agent

Estimated Monthly Payment

$2,703/mo
Principal & interest
$1,633
Property taxes
$310
Insurance & HOA
$760

Based on a 6.90% rate, 30-year loan, and $310K price — down payment shown: $61,999.

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# 1078004

Interested in this property?

Equal Housing Opportunity

MLS# 1078004 · Listing Broker: Denovo 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.