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For SaleCondominium
$429K
202 Ivory Coral Lane #403, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Cape Crossing
3
Bedrooms
2
Bathrooms
1,266
Sq Ft
2020
Year Built
$339 /sqft

About This Property

Description from listing agent

Welcome to luxury resort-style, waterfront living! This 3-bed, 2-bath fully furnished condo offers low-maintenance comfort in a prime location. The open layout features tile flooring throughout, a balcony for relaxing, and a spacious kitchen with ample storage, SS appliances, and quarts countertops. The primary suite includes a walk-in closet and private bathroom. There is a parking garage under the building and in unit laundry. Enjoy community amenities like a sparkling pool with a spa, fitness center, sauna, and on-site restaurant. Short-term rentals are allowed without restrictions, making this a perfect investment, vacation retreat, or full-time home. This waterfront community is situated on a marina and navigable canal to Indian River and Banana River with ocean access. Close to beaches, dining, shopping, Kennedy Space Center, and Port Canaveral!

Space Coast Context

🚀 Launch Viewing — Great Views

13.3 mi from SLC-40

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

Aerospace Commute Guide
KSC8.3 mi~18 min
Boeing/KSC8.5 mi~19 min
SpaceX9.9 mi~22 min
Lockheed10.4 mi~23 min
Blue Origin11.4 mi~25 min
Northrop19.9 mi~44 min
L3Harris21.7 mi~48 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
  • 9/19/25
    Listed
    $429K
    $339/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
0.01 acres (436 sqft)
Full Baths
2
Total Rooms
4
Garage
1 car (attached)
HOA Fee
$1170.38/mo
Waterfront
Canal Navigational to Indian River
Days on Market
295
MLS Area
250 - N Merritt Island

Community & HOA

HOA

  • Name: Cape Crossing
  • Fee: $1,170.38 / monthly

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Sep 19, 2025
Parcel #
24-36-11-00-05062.4-0000.00
$429K

Listing Agent (for property info)

T
Trisha Nickum
Coastal Life Properties LLC
321-522-6550
Call Listing Agent

Estimated Monthly Payment

$4,010/mo
Principal & interest
$2,260
Property taxes
$429
Insurance & HOA
$1,320

Based on a 6.90% rate, 30-year loan, and $429K price — down payment shown: $85,800.

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# 1057517

Interested in this property?

Equal Housing Opportunity

MLS# 1057517 · Listing Broker: Coastal Life Properties LLC · 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.