NEW 21 HRS AGO

For sale

$167,900

Est. $1,432/mo —

•

1,037

sq ft

265 Spring Dr #1, Merritt Island, FL 32953

About this home

Welcome to Summer Place Condominiums! This charming 2-bedroom, 2-bathroom first-floor corner unit offers 1,037 square feet of comfortable living space with added privacy and an abundance of natural light. Enjoy the convenience of tile flooring throughout, a spacious living area, separate dining space, and indoor laundry hookups. The enclosed, screened patio provides the perfect place to relax and unwind, while the small backyard area adds an extra touch of privacy. With no stairs to climb and a desirable end-unit location, everyday living is a breeze! Summer Place offers wonderful community amenities, including a swimming pool, playground, basketball court, and scenic lake area. Conveniently located near shopping, dining, major roadways, Port Canaveral, and the beautiful Space Coast beaches. Whether you're searching for your first home, a seasonal getaway, or a place to downsize, this condo offers an excellent opportunity to enjoy the Florida lifestyle. Schedule your showing today!

CondoProperty Type

1988Year Built

3,485 sq ftLot Size

$162Price/Sq.Ft.

$265/moHOA Dues

Listed by Kim Wilson • Waterman Real Estate, Inc.

Listing updated: Nov 4, 2026 at 08:08am

Redfin checked: a minute ago

•Source:SCMLS #1091509

Payment calculator

$1,432 per month

Principal and interest$905

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 10AM TO 2PM3D WALKTHROUGH
$625,000
3 beds2.5 baths2,168 sq ft
221 Vía Havarre, Merritt Island, FL 32953
8,712 sq ft lot • 2 garage spots • Built 1968
OPEN SAT, 11AM TO 1PM
$325,000
3 beds2 baths1,468 sq ft
7180 Briggs Ave, Cocoa, FL 32927
0.23 acre lot • 2 garage spots • Built 1994
OPEN SAT, 11:30AM TO 1:30PM
$275,000
2 beds2 baths1,051 sq ft
1025 Rockledge Dr Unit 205a, Rockledge, FL 32955
$664 HOA • Parking • Community pool
OPEN SAT, 12PM TO 2PM
$649,900
3 beds2.5 baths1,834 sq ft
6605 Windover Way, Titusville, FL 32780
1.04 acre lot • 2 garage spots • Built 1985
OPEN SAT, 12PM TO 2PM
$530,000
4 beds3 baths2,271 sq ft
224 Sykes Loop Dr, Merritt Island, FL 32953
0.5 acre lot • 2 garage spots • Built 1992
OPEN SAT, 12PM TO 2PM
$330,000
3 beds2 baths1,464 sq ft
836 Levitt Pkwy, Rockledge, FL 32955
0.23 acre lot • 2 garage spots • Built 1985
OPEN SAT, 2PM TO 5PM
$2,920,000
4 beds4.5 baths3,500 sq ft
1863 Rockledge Dr, Rockledge, FL 32955
1.62 acre lot • 3 garage spots • Pool
OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$440,000
2 beds2 baths1,462 sq ft
2302 Addington Ct, Rockledge, FL 32955
7,841 sq ft lot • 2 garage spots • Community pool
OPEN SUN, 12PM TO 3PM3D WALKTHROUGH
$893,000
8 beds6 baths3,326 sq ft
1275 Island Dr, Merritt Island, FL 32952
8,276 sq ft lot • 2 garage spots • Pool
OPEN NOV 14, 12PM TO 3PM
$399,900
3 beds3 baths2,284 sq ft
962 Sycamore Dr, Rockledge, FL 32955
9,583 sq ft lot • 2 garage spots • Built 2003

Around this home

Schools

K - 12
Preschool & daycare

Lewis Carroll Elementary School

Public PreK-6 • Assigned • 0.7mi

8/10

Thomas Jefferson Middle School

Public 7-8 • Assigned • 4.8mi

7/10

Merritt Island High School

Public PreK-12 • Assigned • 1.5mi

5/10

Provided by GreatSchools

About

Indianola

Indianola, located between the Indian River Lagoon and Sykes Creek, is a waterfront and residential Merritt Island neighborhood with canal-front streets and broad lagoon views. Much of the area reads as classic Florida coastal living—single-story ranch homes, screened lanais, and docks tucked behind palms. The neighborhood’s character concentrates around the SR 520 causeway at the Indian River, where boat ramps, bait-and-tackle counters, and sunrise anglers set the daily rhythm. Local pillars include Island Time Marina & Restaurant for dockside tables, the Merritt Island Wildlife Association’s programs at the refuge gateway, and the Merritt Island Art Center for classes and exhibits. Kayaks and paddleboards slip into the mangroves, while evening drives track the waterline and wide skies.

Provided by Walk Score and Local Logic

Market insights

265 Spring Dr #1 · $167,900

DAYS ON MARKET

The average home goes pending in 89 days.

SALE-TO-LIST

Most homes are selling 4% below list price.

LIST PRICE

Median sale price in this area is $219,800. (31% higher than this home)

PRICE DROP

19% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Breakfast bar
Ceiling fans
Primary bathroom with tub and shower

Bedrooms
2 bedrooms

Bathrooms
2 full bathrooms

Kitchen
Dishwasher
Electric oven
Electric range
Refrigerator

Laundry & utility
In-unit laundry
Electric dryer hookup
Electric water heater

Flooring
Tile flooring

Heating & cooling
Central heating
Central air conditioning

Sale and tax history for 265 Spring Dr #1

Sale History
Tax History

Date

Event

Price

SCMLS #1091509

Nov 4, 2026

Listed

$167,900

$162/sq ft

Stellar MLS as Distributed by MLS Grid #O6432574

Oct 30, 2026

Listing Removed

—

SCMLS #1022418

Mar 7, 2025

Pending

—

Mar 7, 2025

Sold

$161,700

$156/sq ft

Feb 21, 2025

Contingent

—

Feb 1, 2025

Relisted

—

Jan 31, 2025

Listing Removed

—

Dec 2, 2024

Price Changed

$172,900

$167/sq ft

Aug 14, 2024

Listed

$179,900

$173/sq ft

+35

Welcome to this charming first floor condo in Merritt Island! This corner unit boasts plenty of natural light with additional windows, creating a bright and inviting atmosphere. With 2 bedrooms and 2 bathrooms, inside laundry area, spacious family room and separate dining room, this condo will make you feel at home as you walk in. It has an enclosed patio off the family room for that morning or evening relaxation and tile throughout the entire condo for easy cleaning. Condo is located at Summer Place in Merritt Island, very close to 528. Summer Place has a pool, playground and basketball court. Within half an hour of Port Canaveral and a number of beaches and minutes from all amenities that Merritt Island has to offer. Orlando airport is less than an hour away. The complex is also well cared for with an attractive small lake area and central pool. Don't miss out on this opportunity to make this lovely condo your new home and schedule your appointment today!

SCMLS #554175

Jan 28, 2020

Listing Removed

—

Nov 3, 2009

Listed

$56,500

$54/sq ft

SCMLS #769280

Feb 13, 2017

Sold

$67,500

$65/sq ft

Nov 18, 2016

Listed

$72,200

$70/sq ft

Stellar MLS as Distributed by MLS Grid #S4838918

Feb 13, 2017

Sold

$67,500

$65/sq ft

Nov 18, 2016

Listed

$72,200

$70/sq ft

SCMLS #740470

Jan 3, 2017

Listing Removed

—

Nov 20, 2015

Listed

$75,000

$72/sq ft

SCMLS #499002

Aug 16, 2016

Listing Removed

—

Feb 7, 2008

Listed

$129,000

$124/sq ft

SCMLS #499012

Aug 16, 2016

Listing Removed

—

Feb 7, 2008

Listed

$750

$1/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

1,037

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,037

Year built

1988

Style

Condo/Co-op

County

Brevard County

APN

24 3614-00-284.I

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 2, 2026.

RU-2-15

Medium-Density Multiple-Family Residential

The RU-2-15 medium-density multiple-family residential zoning classifications encompass lands devoted to medium-density multifamily residential purposes, together with such accessory uses as may be necessary or are normally compatible with residential surroundings.

Permitted uses

Include but are not limited to:

Community / recreation center
Housing-Single unit
Housing-Multiple units
Housing-Other
Golf related
Park & open space

Climate risks

3/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

10/10 Heat Factor

7 days above 105° expected this year, 23 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Merritt Island, FL • 32953

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Merritt Island. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.2 hrs

7.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 265 Spring Dr #1

$163,895

$4,005 under list price of $168K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $175K.

SOLD JUN 1, 2026
$130,000 Last sold price
2 beds2 baths1,037 sq ft
300 Spring Dr #4, Merritt Island, FL 32953
$37/sq ft
SOLD OCT 27, 2026
$175,000 Last sold price
2 beds2 baths1,067 sq ft
1950 Quail Ridge Ct #1001, Cocoa, FL 32926
$2/sq ft
larger lot
1 year newer
SOLD APR 30, 2026
$173,000 Last sold price
2 beds2 baths1,037 sq ft
275 Spring Dr #7, Merritt Island, FL 32953
$5/sq ft
SOLD MAR 27, 2026
$162,000 Last sold price
2 beds2 baths1,037 sq ft
101 Summer Pl #2, Merritt Island, FL 32953
$6/sq ft
smaller lot
SOLD SEP 2, 2026
$119,500 Last sold price
2 beds1.5 baths900 sq ft
50 Needle Blvd #6, Merritt Island, FL 32953
$29/sq ft
smaller lot
23 years older
SOLD OCT 19, 2026
$110,000 Last sold price
1 bed1 bath939 sq ft
2135 N Courtenay Pkwy #219, Merritt Island, FL 32953
$45/sq ft
smaller lot
14 years older

Rental earnings

Est. $2,104 per month, based on comparable rentals

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