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For SaleSingle Family Home
$659K
205 Cadiz Court, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Villa De Palmas Unit 4
3
Bedrooms
2
Bathrooms
2,031
Sq Ft
1983
Year Built
$324 /sqft

About This Property

Description from listing agent

Experience Florida waterfront living in this Sykes Creek canal home situated on a large corner lot. The desirable split-bedroom floor plan and open-concept layout offer both privacy and functionality, with comfortable living and dining spaces ideal for everyday living and entertaining. Outdoor living shines with a large brick paver screened-in patio with a splash pool, plus additional pavered backyard space with mango and other fruit trees. A separate, under air room off the patio, adds a flex space perfect for an office or hobby room. Just completed improvements include a brand-new roof, freshly painted exterior, new soffits and fascia, pool re-grouted, and a new dock for enjoying the canal lifestyle. Inside, you'll find newer light fixtures and ceiling fans, and all newer doors and closet doors. The spacious lot, extra large garage, double pane privacy glass windows, updates, and prime canal-front setting make this home a standout opportunity with room to personalize and enjoy.

Space Coast Context

🚀 Launch Viewing — Great Views

13.4 mi from SLC-40

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

Aerospace Commute Guide
KSC8.7 mi~19 min
Boeing/KSC8.8 mi~20 min
SpaceX9.7 mi~22 min
Lockheed10.1 mi~23 min
Blue Origin11 mi~25 min
Northrop19.2 mi~43 min
L3Harris21 mi~47 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
  • 1/19/26
    Listed
    $659K
    $324/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
0.27 acres (11,761 sqft)
Full Baths
2
Garage
2 car (attached)
Fireplaces
1
Waterfront
Sykes Creek
Pool
Yes
Days on Market
164
MLS Area
251 - Central Merritt Island

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jan 23, 2026
Parcel #
24-36-14-03-0000g.0-0040.00
$659K

Listing Agent (for property info)

M
Michelle Ruether
Keller Williams Realty Brevard
321-432-0885
Call Listing Agent

Estimated Monthly Payment

$4,281/mo
Principal & interest
$3,472
Property taxes
$659
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $659K price — down payment shown: $131,800.

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# 1066850

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Equal Housing Opportunity

MLS# 1066850 · Listing Broker: Keller Williams Realty Brevard · 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.