1 / 25
For SaleSingle Family Home
$339K
1505 Cunningham Avenue, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Vetter Isles Ests Sec 2
4
Bedrooms
2
Bathrooms
1,452
Sq Ft
1961
Year Built
$233 /sqft

About This Property

Description from listing agent

LIVE IN ONE, RENT THE OTHER! This versatile Merritt Island property features a 3-bedroom, 1-bath main home plus a 1-bedroom, 1-bath suite with its own kitchen, offering exceptional flexibility for multigenerational living, guests, or rental potential. With two kitchens, the property provides convenient options for extended family, separate living arrangements, or an owner-occupant looking to generate additional income. Recent updates include a new roof, new water heater, and new fence. Both new kitchens feature white cabinetry, quartz countertops and ample storage, complemented by attractive wood-look tile flooring. Enjoy the large fenced backyard with a wide-access gate ideal for boat or RV parking. Conveniently located near the water, this property offers the best of flexible living and the Merritt Island lifestyle. A unique opportunity with two kitchens, two living spaces, and plenty of possibilities! Don't wait and schedule a showing. Buyers and buyer agents verify all room sizes

Space Coast Context

🚀 Launch Viewing — Great Views

14.6 mi from SLC-40

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

Aerospace Commute Guide
SpaceX10.3 mi~23 min
Boeing/KSC10.6 mi~24 min
Lockheed10.6 mi~24 min
KSC10.9 mi~24 min
Blue Origin10.9 mi~24 min
Northrop16.7 mi~37 min
L3Harris18.6 mi~41 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
  • 8/8/26
    Listed
    $339K
    $233/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
6.9% below market
Median comparable close price: $364,000
Typical Offer Discount
97.1% of list price
At that rate, a competitive offer ≈ $329,056
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
0.17 acres (7,405 sqft)
Full Baths
2
Total Rooms
10
Days on Market
19
MLS Area
251 - Central Merritt Island

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Aug 8, 2026
Parcel #
24-37-30-76-0000c.0-0027.00
$339K

Listing Agent (for property info)

Z
Zhenxing Tang
Engine Realty, Inc
407-801-8888
Call Listing Agent

Estimated Monthly Payment

$2,275/mo
Principal & interest
$1,786
Property taxes
$339
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $339K price — down payment shown: $67,800.

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# 1084527

What's Nearby

fire stations
North Banana River Fire / Rescue Station 42
0.3 mi away
shopping
Banana River Market
0.5 mi away
grocery
Walmart Supercenter
0.5 mi away
restaurants
Bagel World and Deli
0.6 mi away
schools
Audubon Elementary School
0.8 mi away
pharmacies
Walgreens
1.1 mi away
restaurants
Steak 'n Shake
1.1 mi away
grocery
ALDI
1.1 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084527 · Listing Broker: Engine Realty, Inc · 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.