1 / 29
For SaleSingle Family Home
$349K
485 Hibiscus Boulevard, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Island Beach Sheet 1 Resubd of
3
Bedrooms
2
Bathrooms
1,208
Sq Ft
1992
Year Built
$289 /sqft

About This Property

Description from listing agent

Welcome to coastal living in the heart of Merritt Island. This beautifully renovated 3-bedroom, 2-bath home is perfectly situated on a spacious corner easement lot just one block from the river. Step inside to a bright, open floor plan, featuring vaulted ceilings, a recently remodeled kitchen that is designed for both everyday living and entertaining, along with an over sized back patio, creating an ideal space for enjoying the Florida lifestyle. The large lot offers plenty of space for your boat, toys, pets, or future outdoor projects - with no HOA to limit your possibilities. You will enjoy easy access to waterways, the beaches, shopping, dining, Port Canaveral, and all that the Space Coast has to offer. Whether you're looking for a move-in-ready primary residence, a Florida getaway, or the perfect investment opportunity, this beautifully updated home is what you have been waiting for!

Space Coast Context

🚀 Launch Viewing — Great Views

17 mi from SLC-40

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

Aerospace Commute Guide
SpaceX12.8 mi~29 min
Boeing/KSC12.9 mi~29 min
KSC13 mi~29 min
Lockheed13.1 mi~29 min
Blue Origin13.2 mi~29 min
Northrop15 mi~33 min
L3Harris16.7 mi~37 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
  • 9/3/26
    Listed
    $349K
    $289/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $350,000
Typical Offer Discount
98.2% of list price
At that rate, a competitive offer ≈ $342,741
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
0.3 acres (13,068 sqft)
Full Baths
2
Garage
2 car
Days on Market
1
MLS Area
253 - S Merritt Island

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Sep 4, 2026
Parcel #
25-36-01-02-00000.0-0007.00
$349K

Listing Agent (for property info)

R
Rebecca Kathleen Kehoe
Your Go 2 Realty, LLC
321-362-0472
Call Listing Agent

Estimated Monthly Payment

$2,338/mo
Principal & interest
$1,839
Property taxes
$349
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $349K price — down payment shown: $69,800.

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# 1086777

What's Nearby

schools
Thomas Jefferson Junior High School
0.2 mi away
fire stations
Merritt Island Airport Fire / Rescue Station 43
0.3 mi away
schools
Tropical Elementary School
0.4 mi away
movie theaters
CMX Theatres
1.2 mi away
shopping
Merritt Square Mall
1.2 mi away
restaurants
0 Club
1.3 mi away
coffee shops
0 Club
1.3 mi away
shopping
Wawa
1.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086777 · Listing Broker: Your Go 2 Realty, 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.