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1275 Island Dr, Merritt Island, FL, 32952

8beds
6baths
3,326sqft
$959,999
$289price/sqft
$7,476/moest. monthly cost
$299,040/yrincome needed

About This Home

EXCELLENT PRICE IMPROVEMENT!! Looking for that large multi-generational family home with all the bells and whistles? Look no further! This updated waterfront home centrally located in Merritt Island has eight bedrooms and six full bathrooms, including an ADU (in-law suite) w/ separate entrances. The ADU has two bedrooms each with its own bathroom, along with a kitchenette & its own laundry. This home has two primary bedrooms with en suites, one on the first and one on the second level. Updated kitchen with large island great for entertaining, screened heated pool & hot tub, summer kitchen, deck, dock w/slip, and storage space galore! Conveniently located - 10 minutes to the beach, to 528, & to the Port. Too many features to list here, this is a must see!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

8/10
Audubon Elementary SchoolGrades PK-61.0 mi
7/10
5/10
Merritt Island High SchoolGrades PK,9-121.9 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1967

Materials

  • Roof: Shingle
  • Construction materials: Block,Brick,Frame,Stucco,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Oven,Electric Range,Gas Water Heater,Ice Maker,Microwave,Refrigerator,Tankless Water Heater,Washer,Washer/Dryer Stacked
  • Laundry features: In Garage,Upper Level

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Breakfast Bar,Guest Suite,His and Hers Closets,Kitchen Island,Open Floorplan,Pantry,Primary Bathroom - Shower No Tub,Primary Downstairs,Smart Thermostat,Split Bedrooms
  • Flooring: Carpet,Tile

Heating & Cooling

  • Heating features: Central,Natural Gas,Zoned
  • Cooling features: Central Air,Multi Units,Zoned

Interior Area

  • Total structure area: 3,915
  • Total interior livable area: 3,326 sqft

Property

Details

  • Parcel number: 243730990000a.00018.00
  • Zoning description: Single Family
  • Special condition: Owner Licensed RE

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Gas Heat,Heated,In Ground,Salt Water,Screen Enclosure,Waterfall,Other
  • Patio & porch: Covered,Deck,Patio,Porch,Rear Porch,Screened
  • Exterior features: Boat Slip,Dock,Other
  • Has spa: Yes
  • Spa features: Heated,In Ground
  • Fencing: Back Yard,Wood
  • Has view: Yes
  • View description: Pool,River,Water
  • Has water view: Yes
  • Water view: River,Water
  • On waterfront: Yes
  • Waterfront features: Canal Front,Navigable Water,River Access
  • Waterbody name: Sykes Creek

Lot

  • Lot size: 8,276 sqft
  • Features: Cul-De-Sac

Parking

  • Total spaces: 2
  • Parking features: Garage,Garage Door Opener,Guest
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,854$58,248
Home Insurance *$1,129$13,548
Property Taxes $1,159$13,908
Electricity $334$4,016
Total$7,476$89,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$256,320/yr
40% on housing$224,280/yr
45% on housing$199,360/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$289This listing

vs Other Active Listings

Avg $/sqft

ZIP 32952$321
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32952$257
Brevard County$209

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-04Price change$939,999
2026-06-29Listed for sale$959,999
2000-08-07Sold$275,000

For Sale by Agent

AgentM. Cristina Gattorna
BrokerageAtlantic Group Real Estate

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