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For SaleSingle Family Home
$489K
565 Heron Drive, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: S Merritt Estates 1st Grove Sec
3
Bedrooms
2
Bathrooms
1,494
Sq Ft
1964
Year Built
$327 /sqft

About This Property

Description from listing agent

Welcome to your private oasis in South Merritt Estates! This beautifully maintained 3 bedroom, 2 bath home sits on a spacious half-acre lot with a fully-fenced backyard. The interior features both a formal living room and a family room, providing plenty of space for entertaining or relaxing. Step outside to your own backyard paradise, featuring a heated screened-in pool and hot tub, the ideal spot for year-round outdoor living. As part of this great community, you'll also enjoy access to a dock and boat ramp on the Indian River, the perfect spot to enjoy the beautiful sunsets. Major upgrades including a new roof (2021) and a new AC with all-new air ducts (2022).

Space Coast Context

🚀 Launch Viewing — Great Views

18.2 mi from SLC-40

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

Aerospace Commute Guide
Northrop13.6 mi~30 min
SpaceX13.8 mi~31 min
Blue Origin14.1 mi~31 min
Lockheed14.1 mi~31 min
Boeing/KSC14.2 mi~32 min
KSC14.3 mi~32 min
L3Harris15.4 mi~34 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 4/3/26
    Listed
    $489K
    $327/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

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
0.5 acres (21,780 sqft)
Full Baths
2
Garage
2 car
Fireplaces
1
HOA Fee
$125/mo
Pool
Yes
Days on Market
105
MLS Area
253 - S Merritt Island

Community & HOA

HOA

  • Name: South Merritt Estates HOA
  • Fee: $125 / voluntary

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Apr 3, 2026
Parcel #
25-36-13-Ht-00000.0-0063.00
$489K

Listing Agent (for property info)

J
Julie Steele
Blue Marlin Real Estate
321-302-2897
Call Listing Agent

Estimated Monthly Payment

$3,340/mo
Principal & interest
$2,576
Property taxes
$489
Insurance & HOA
$275

Based on a 6.90% rate, 30-year loan, and $489K price — down payment shown: $97,800.

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# 1073669

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Equal Housing Opportunity

MLS# 1073669 · 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.