13 days on rocket

1970 Gates Rd, Merritt Island, FL, 32952

$1,695,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
4,451 SqFt
$381/SqFt
House
Schools Nearby

Location

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1970 Gates Rd, Merritt Island$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage Door Opener
Attached Garage2 spaces
Year Built1989
HeatingCentral, Heat Pump
CoolingCentral Air, Electric
WaterfrontRiver Front
FireplaceWood Burning
ViewWater, Other
MLS #1011338
Lot Size0.33 Acres
StatusActive

About 1970 Gates Rd

Nestled along the serene shore of Merritt Island awaits a waterfront oasis like no other. A quintessential Key West-style home, boasting luxury and charm with 5 beds/4 baths, this residence offers a blend of coastal elegance and modern comfort. It's an ultimate outdoor paradise, featuring a custom beach-entry pool with a rock bridge, palm island, and an elevated spa. Relax in the shady tiki hut patio or enjoy sunsets from your riverside dock with a covered boat lift. Inside the home features a natural rock fireplace, huge windows, and hardwood floors creating comfort with high-end style. Dual master suites, multiple living areas, a dedicated office space, and a fully outfitted kitchen provide you with the perfect space to call home. The metal-hip style roof will ease your mind as you relax on the covered front porch. In a prime location, this home offers the perfect blend of comfort, style, and convenience. Let this be your dream home!

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 2
  • Living Area: 4,451 SqFt

Listing Office:

  • Office Name: Dale Sorensen Real Estate Inc.
  • Office Phone: (321) 723-9990
  • Listing Agent: Dawn Rebecca Garrison, Mary Thorne

Interior Features

Interior Information:

  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Electric Water Heater, Microwave
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: Water, Other
  • Exterior: Boat Dock, Fire Pit, Storm Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 1970 Gates Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Merritt Island High School, Public District Grades PK-12
  • Thomas Jefferson Middle School, Public District Grades 7-8
  • Tropical Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From 510 south on Newfound Harbor Drive, Follow down right on Gates Road, home on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
  • Price Per SqFt: $381/SqFt

Tax Information:

  • Annual Amount: $7,121
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Merritt Island, FL.

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Merritt Island, FL

City

Med. Sold Price

$469.3K

Med. Price/SqFt

$248

Avg. Days On Market

62

# of Sold Homes

67

1970 Gates Rd vs Merritt Island

13 DAYS ON ROCKET

-49 Days

$1,695,000

+$1.2M More

$381/SqFt

+$132 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $132/SqFt more than other homes in Merritt Island, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1011338

Listing Office:

  • Office Name: Dale Sorensen Real Estate Inc.
  • Office Phone: (321) 723-9990
  • Listing Agent: Dawn Rebecca Garrison, Mary Thorne

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 6:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 17, 2021Home Sold
$1,150,000
Feb 13, 2014Home Sold
$495,000
Jan 26, 2004Home Sold
$514,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,121$522,380
2019$7,155$510,640
2018$7,273$501,120
2017$7,273$490,820

History based on county public records data.

Payment Calculator

$8,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4313673
8
/10

  • Tropical Elementary School

  • 885 S Courtenay Pkwy

  • 2.32 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4313674
4
/10

  • Thomas Jefferson Middle School

  • 1275 S Courtenay Pkwy

  • 1.59 miles

  • Public District Grades 7-8

High School

school-card-donut-4313675
4
/10

  • Merritt Island High School

  • 100 Mustang Way

  • 4.24 miles

  • Public District Grades PK-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,212. Residents of Merritt Island, FL typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1970 Gates Rd

What is the listing price of this property?

The listing price of 1970 Gates Rd property is $1,695,000.

What type of property is this?

The property 1970 Gates Rd is a house located in Merritt Island, Florida, 32952.

Is this property for sale now?

Active Listing: 1970 Gates Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1970 Gates Rd are:
Tropical Elementary School: GreatSchools Rating 8/10
Thomas Jefferson Middle School: GreatSchools Rating 4/10
Merritt Island High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,121 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 17, 2021 for $1,150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1970 Gates Rd has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1970 Gates Rd is 4,451 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1970 Gates Rd is 1989.

Rocket Homes›Florida›Brevard County›Merritt Island›32952›1970 Gates Rd

This home is located at 1970 Gates Rd in Merritt Island, FL and zip code 32952. This 4,451 square foot home, which was built in 1989, sits on a 0.33 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $1,695,000.

While more than 4 listings in Merritt Island, FL in March 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 54 were sold below. The number of homes for sale in Merritt Island, FL increased by 10.2% between February 2024 and March 2024. The median list price of listings available in March 2024 was $469,360, while the average time on the real estate market was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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