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For SaleSingle Family Home
$850K
1095 Newfound Harbor Drive, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Banana River Drive Subd
2
Bedrooms
1
Bathrooms
840
Sq Ft
1962
Year Built
$1,012 /sqft

About This Property

Description from listing agent

Must see to appreciate and understand the value of this home and property. . Riverfront home has an expansive yard with view for waterfront living. Plenty of room to expand current home, build brand new, or just fix up and make it your own. Add a pool, organic garden, or simply enjoy the view. '' NEW ROOF The options are endless. Take the time to see this property and you will fall in love.

Space Coast Context

🚀 Launch Viewing — Great Views

16.4 mi from SLC-40

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

Aerospace Commute Guide
SpaceX11.9 mi~27 min
Blue Origin12.1 mi~27 min
Lockheed12.2 mi~27 min
Boeing/KSC12.6 mi~28 min
KSC12.9 mi~29 min
Northrop14.7 mi~33 min
L3Harris16.6 mi~37 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.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.45 acres (19,602 sqft)
Full Baths
1
Garage
1 car (attached)
Waterfront
Newfound Harbor
Days on Market
848
MLS Area
254 - Newfound Harbor

Community & HOA

HOA

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Mar 26, 2024
Parcel #
25-37-06-Cx-00000.0-0009.06
$850K

Listing Agent (for property info)

J
Joan K Stoll
Blue Marlin Real Estate
321-543-0798
Call Listing Agent

Estimated Monthly Payment

$5,478/mo
Principal & interest
$4,478
Property taxes
$850
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $850K price — down payment shown: $170,000.

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.

MLS# 885572

Interested in this property?

Equal Housing Opportunity

MLS# 885572 · Listing Broker: Blue Marlin Real Estate · 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.