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For SaleSingle Family Home
$75K
225 Buccaneer Avenue #C2-102, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Merritt Island Co-Op Apts Inc
1
Bedrooms
1
Bathrooms
550
Sq Ft
1964
Year Built
$136 /sqft

About This Property

Description from listing agent

Great opportunity to live in the heart of Merritt Island for an affordable price! This FIRST FLOOR unit is light and bright with a triple bank of windows pouring into the spacious living area! White kitchen with newer lower cabinets! Laminate flooring throughout the living area. Bedroom has terrazo floors plus a huge walk-in closet! Full bathroom with a tub/shower combo. Covered carport plus you can add a storage shed! Boat parking is limited and there's a fee. Sparkling community pool and gazebo area! Laundry on site. Close to shopping and a quick ride to the beach! Cash only and buyer must submit a co-op application, credit check and board approval. No rentals or Air BNBs are allowed.

Space Coast Context

🚀 Launch Viewing — Great Views

15 mi from SLC-40

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

Aerospace Commute Guide
SpaceX10.6 mi~24 min
Lockheed10.9 mi~24 min
Boeing/KSC11.1 mi~25 min
Blue Origin11.1 mi~25 min
KSC11.4 mi~25 min
Northrop16.2 mi~36 min
L3Harris18.1 mi~40 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.

Price History

Date
Event
Price
  • 8/14/26
    Listed
    $75K
    $136/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
6.4% below market
Median comparable close price: $80,000
Typical Offer Discount
94.1% of list price
At that rate, a competitive offer ≈ $70,495
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.05 acres (2,178 sqft)
Full Baths
1
Total Rooms
3
HOA Fee
$422/mo
Days on Market
12
MLS Area
252 - N Banana River Dr.

Community & HOA

HOA

  • Name: Merritt Island Cooperative Housing Assoc
  • Fee: $422 / monthly

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Aug 14, 2026
Parcel #
24-37-31-00-00044.K-0000.00
$75K

Listing Agent (for property info)

M
Michelle Daignault-Ives
Daignault Realty Inc
321-591-8493
Call Listing Agent

Estimated Monthly Payment

$1,042/mo
Principal & interest
$395
Property taxes
$75
Insurance & HOA
$572

Based on a 6.90% rate, 30-year loan, and $75K price — down payment shown: $14,980.

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# 1085031

What's Nearby

restaurants
Bagel World and Deli
0.1 mi away
shopping
Banana River Market
0.1 mi away
grocery
Walmart Supercenter
0.1 mi away
fire stations
North Banana River Fire / Rescue Station 42
0.8 mi away
pharmacies
Walgreens
1.0 mi away
restaurants
Steak 'n Shake
1.1 mi away
grocery
ALDI
1.2 mi away
restaurants
Chick-fil-A
1.2 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085031 · Listing Broker: Daignault Realty Inc · 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.