1 / 42
For SaleSingle Family Home
$600K
1623 E Central Avenue, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Canaveral Subd
4
Bedrooms
2
Bathrooms
1,656
Sq Ft
1963
Year Built
$362 /sqft

About This Property

Description from listing agent

Boater's paradise found on this .24-acre waterfront retreat with direct Banana River access and no bridges to navigate. Positioned on a deep water canal with a 12,000 lb boatlift and a recent 113' vinyl seawall, this home is built for the coastal lifestyle. Inside, enjoy a thoughtfully updated kitchen, bathrooms, and living areas with bright, open spaces including an enclosed dining room with impact-rated windows and slider. Step outside to the newer saltwater pool, perfect for floating, fun, or post-boat relaxation, and entertain with ease on the expanded patio. The fenced backyard includes a shed, landscaping, and space for pets or outdoor games. Key upgrades include a 2023 metal roof, newer A/C, city sewer (no septic), and no HOA. With 4 bedrooms, 2 bathrooms, and seamless indoor-outdoor flow, this home offers effortless waterway living just a short 10-minute boat ride to the Canaveral Locks. A rare gem for boating, fishing, entertaining, and Florida sun lovers. See it today!

Space Coast Context

🚀 Launch Viewing — Great Views

13.4 mi from SLC-40

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

Aerospace Commute Guide
SpaceX9.2 mi~21 min
Boeing/KSC9.3 mi~21 min
Lockheed9.5 mi~21 min
KSC9.6 mi~21 min
Blue Origin10 mi~22 min
Northrop18 mi~40 min
L3Harris19.9 mi~44 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
  • 11/20/25
    Listed
    $600K
    $362/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
18.3% above median
Median comparable close: $507,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
101.4% of list price
At that rate, a competitive offer ≈ $608,299
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.24 acres (10,454 sqft)
Full Baths
2
Waterfront
Canal Navigational to Banana River
Pool
Yes
Days on Market
44
MLS Area
252 - N Banana River Dr.

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jun 3, 2026
Parcel #
24-37-19-01-00004.0-0002.00
$600K

Listing Agent (for property info)

A
Andrew Barclay
Compass Florida, LLC
321-514-9862
Call Listing Agent

Estimated Monthly Payment

$3,911/mo
Principal & interest
$3,161
Property taxes
$600
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $600K price — down payment shown: $119,980.

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# 1062568

Interested in this property?

Equal Housing Opportunity

MLS# 1062568 · Listing Broker: Compass Florida, 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.