About This Property
Description from listing agentWaterfront living at its best! This 7th-floor condo at Merritt Towers offers beautiful views of Sykes Creek and a private tiled balcony where you can relax and watch rocket launches. The updated kitchen features soft-close cabinets, quartz countertops, and a tiled backsplash, while the bathrooms have also been remodeled. Enjoy added peace of mind with hurricane shutters on all windows and the balcony, plus tinted windows and glass doors. Merritt Towers is a gated waterfront community with two pools, including a heated pool, a hot tub, tennis courts, clubhouse, and a lighted waterfront walking pier along Sykes Creek. An assigned covered carport is included, and the building offers two elevators. Conveniently located near Merritt Island Mall, shopping, restaurants, hospitals, Port Canaveral, beautiful beaches, Veterans Park & Museum, and more. Come enjoy the Florida waterfront lifestyle in a desirable Merritt Island location!
Space Coast Context
🚀 Launch Viewing — Great Views
15.8 mi from SLC-40
15.8 miles from SLC-40 — clear launch views from your yard or roof on most days.
Estimates only — verify with Google Maps.
Flood 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
- 8/21/26Listed$315K$248/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)
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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: BP Davis Property Management
- Fee: $635 / monthly
Schools
Elementary
Tropical
Middle School
Jefferson
High School
Merritt Island
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $1,660
- Property taxes
- $315
- Insurance & HOA
- $785
Based on a 6.90% rate, 30-year loan, and $315K price — down payment shown: $63,000.
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.
