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For SaleSingle Family Home
$689K
158 Via De La Reina, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Villa De Palmas Unit 1
4
Bedrooms
2
Bathrooms
1,826
Sq Ft
1967
Year Built
$377 /sqft

About This Property

Description from listing agent

We are back! Buyers' financing fell through! Live minutes from Sykes Creek and some of the Space Coast's best boating in this 4-bedroom, 2-bath canal-front pool home in Villa De Palmas. Major updates take the guesswork out of ownership: all-new plumbing (NO CAST IRON HERE!), a resurfaced pool, new HVAC system and ductwork, and an 80-gallon EcoSmart water heater. The primary bath was fully remodeled with a show-stopping oversized walk-in shower you have to see to believe. Outside, a covered boat lift puts you on the water in minutes for a day of boating, fishing, or sunset cruising, then it's home to cool off in your own private pool. Just a short commute to Kennedy Space Center, Blue Origin, and SpaceX, this waterfront gem delivers the updates, location, and lifestyle that make Space Coast living so special.

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
KSC8.6 mi~19 min
Boeing/KSC8.7 mi~19 min
SpaceX9.7 mi~22 min
Lockheed10.2 mi~23 min
Blue Origin11.1 mi~25 min
Northrop19.4 mi~43 min
L3Harris21.3 mi~47 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / 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
  • 9/4/26
    Price change
    $689K -1.4%
    $377/sqft
  • 7/24/26
    Listed
    $699K
    $383/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
13.0% above median
Median comparable close: $610,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.5% of list price
At that rate, a competitive offer ≈ $678,594
Price Reductions
1 reduction
Originally listed at $699,000 · Cut $10,000 total
See & adjust the 2 comparable sales 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
0.19 acres (8,276 sqft)
Full Baths
2
Garage
2 car (attached)
Waterfront
Sykes Creek
Pool
Yes
Days on Market
37
MLS Area
251 - Central Merritt Island

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Aug 4, 2026
Parcel #
24-36-14-25-0000c.0-0044.00
$689K

Listing Agent (for property info)

A
Amy Moreau
Florida East Coast Real Estate
321-537-2996
Call Listing Agent

Estimated Monthly Payment

$4,469/mo
Principal & interest
$3,630
Property taxes
$689
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $689K price — down payment shown: $137,800.

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# 1083262

What's Nearby

restaurants
Red Wagon BBQ
0.4 mi away
restaurants
Dunkin' Donuts
0.4 mi away
restaurants
Starbucks
0.4 mi away
coffee shops
Starbucks
0.4 mi away
schools
Lewis Carroll Elementary School
0.5 mi away
restaurants
Sonic
0.5 mi away
schools
Divine Mercy Catholic School
0.7 mi away
grocery
Publix
0.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1083262 · Listing Broker: Florida East Coast 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.