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For SaleSingle Family Home
$329K
125 Wales Avenue, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Rose Hill Estates Unit 1 3rd Sec
3
Bedrooms
2
Bathrooms
1,490
Sq Ft
1964
Year Built
$221 /sqft

About This Property

Description from listing agent

Located in the highly desirable area of central Merritt Island. This property offers the Florida lifestyle, balancing local convenience with unparalleled regional connectivity. Commuters and adventure-seekers alike will love the immediate proximity to the Beachline Expressway (SR 528). This key highway provides a straight drive west into Orlando for world-class theme parks, premium shopping, and airport access. Heading east, you are just minutes away from the famous Space Coast beaches and the historic Port Canaveral. Closer to home, everyday living is incredibly convenient. Merritt Island is a booming economic center, offering robust employment opportunities in the aerospace, defense, and technology sectors. This home perfectly positions you to work, play, and relax in one of Florida's most dynamic coastal communities.

Space Coast Context

🚀 Launch Viewing — Great Views

15.2 mi from SLC-40

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

Aerospace Commute Guide
KSC10.6 mi~24 min
Boeing/KSC10.6 mi~24 min
SpaceX11.2 mi~25 min
Lockheed11.7 mi~26 min
Blue Origin12.3 mi~27 min
Northrop17.5 mi~39 min
L3Harris19.3 mi~43 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
  • 8/3/26
    Listed
    $329K
    $221/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 9 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
4.4% above median
Median comparable close: $315,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.6% of list price
At that rate, a competitive offer ≈ $317,837
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 9 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
0.2 acres (8,712 sqft)
Full Baths
2
Garage
1 car
Days on Market
25
MLS Area
251 - Central Merritt Island

Schools

Elementary

Mila

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Aug 3, 2026
Parcel #
24-36-26-27-0000a.0-0017.00
$329K

Listing Agent (for property info)

E
Elisabeth Logan
Arium Real Estate, LLC
321-341-3340
Call Listing Agent

Estimated Monthly Payment

$2,212/mo
Principal & interest
$1,733
Property taxes
$329
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $329K price — down payment shown: $65,800.

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# 1084071

What's Nearby

restaurants
Domino's
0.1 mi away
restaurants
Arby's
0.2 mi away
restaurants
McDonald's
0.2 mi away
shopping
7-Eleven
0.3 mi away
schools
Merritt Island High School
0.4 mi away
pharmacies
CVS Pharmacy
0.5 mi away
restaurants
The Donut Shop
0.6 mi away
coffee shops
The Donut Shop
0.6 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084071 · Listing Broker: Arium Real Estate, 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.