About This Property
Description from listing agentWelcome to a once-in-a-lifetime opportunity to own a spectacular waterfront property located South of Pineda Causeway on beautiful Merritt Island. This prime .83-acre lot boasts 150 feet of direct waterfront, offering breathtaking views of the tranquil waters - the perfect setting to build your dream luxury home. With ample space and an enviable location, this property offers the ultimate canvas for your custom-built residence. Whether you desire a modern masterpiece, a coastal retreat, or a classic estate, this lot provides everything you need to bring your vision to life. The current home on the property can be cleared to make way for a brand-new, luxurious waterfront home designed to take full advantage of the serene spectacular setting. For those seeking even more space, the adjacent property to the South may also be available, offering a combined total of 1.66 acres. Don't miss your chance ask for more details to secure this exclusive property! Fine Florida Living Starts Here!!
Space Coast Context
🚀 Launch Viewing — Good Views
25.2 mi from SLC-40
25.2 miles from SLC-40 — visible on clear days, especially at night.
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
- 4/7/25Listed$895K$705/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.
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
Schools
Elementary
Ocean Breeze
Middle School
DeLaura
High School
Satellite
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $4,716
- Property taxes
- $895
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $895K price — down payment shown: $179,000.
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.
