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Overview

5 bd3 ba3,100 sqft2 car garageSingle Family
TypeSingle Family
HOA$17/mo
Built1991
Lot14,810 sqft
Living area3,100 sqft
Price / sqft$206
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Eat-in KitchenHigh CeilingsKitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSplit Bedroom

2520 Millrace Way is a 1991-built home in Watermill, Merritt Island. Inside you'll find 5 bedrooms, 3 bathrooms, and 3,100 square feet of living space. Listed at $639,000 (about $206/sqft), 35 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $17 monthly.

From the listing

Welcome to this beautifully renovated 5-bedroom, 3-bathroom home featuring a huge garage and extensive updates throughout. From the moment you step inside, you'll appreciate the modern finishes and attention to detail that give this home a fresh, move-in-ready feel. The home features fresh interior and exterior paint, new luxury vinyl plank flooring throughout the main living areas, new carpet upstairs, new baseboards, and all-new light fixtures, ceiling fans, switches, hinges, and door hardware. The spacious floor plan offers plenty of flexibility, including a bedroom and full bathroom conveniently located downstairs. The beautifully redesigned kitchen features new 42-inch cabinets with crown molding, full quartz countertops and backsplash, and new stainless steel appliances, including a slide-in range and counter-depth refrigerator. The kitchen provides a stylish and functional space ideal for everyday living and entertaining. The primary suite features a beautifully renovated bathroom with custom tile work, double sinks, two walk-in closets, a relaxing garden tub, and a frameless glass shower with a rainfall showerhead. The additional bathrooms have been refreshed with new vanities and modern finishes. Major systems include a 2013 roof and two 2018 AC systems, both professionally cleaned and serviced in August 2026, providing added peace of mind. For added peace of mind, a four-point inspection and wind mitigation report are available for review and may help with insurance discounts. Located in desirable Merritt Island and conveniently situated near the ocean, this move-in-ready home offers extensive renovations, modern finishes, generous living space, and a huge garage. This is an excellent opportunity to own a beautifully updated home in a sought-after Merritt Island area.

The essentials

Built
1991
Price / sqft
$206
On market
43 days
Annual tax
$3,330
HOA
$17/mo
Flood zone
X · Low risk
Lot
14,810 sqft
Type
Single Family Residence

At a glance

Single family
Built 1991
2 car garage
0.34 acres
Lot size
3,100 sqft
Living area

Payment

Est. monthly payment
$3,947/mo
Down payment (20%)
$127,800
Property taxes
$277/mo
HOA
$17/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1991
Lot
14,810 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
43
Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Split Bedroom
Walk-in Closet(s)
Hurricane Shutters
Lighting
Private Entrance
Private Mailbox
Sidewalk
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Homestead exemption on file Flood Zone X
Annual Tax (2025)
$3,330
Parcel #
25 3613-27-*-1

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Watermill
County
Brevard
MLS Area
32952 - Merritt Island
Lot Size
14,810 sqft
HOA
$17/mo
Bob

Price history

Date
Event
Price
10/1/2026
Price change
Source: Stellar MLS #O6436939
$639,000-1.7%
$206/sqft
8/27/2026
Listed for sale
Source: Stellar MLS #O6436939
$650,000
$210/sqft

Neighborhood

2520 Millrace Way
Merritt Island, FL, 32952 · 32952 - Merritt Island

Market insights

Offer Insights

Choose an offer strength

List price: $639,000
$625,000 – $639,000
98% – 100% of listTops out right at the list price
80% of listList price
12 of the last 23 home closings in 32952 landed at this number or higher (52%). The median one sat 36 days before it went under contract, and this one is on day 43 after a $11,000 cut.

Sample: 23 closed home sales in 32952 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,947/mo
Principal & interest$3,333
Property taxes$277
Insurance$320
HOA$17
Down payment20% · $127,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$639,000

$206 per sq ft

Beds and baths

5 beds, 3 baths

Size

3,100 sq ft

Time on market

43 days

Year built

1991

Monthly payment

About $3,947/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,330 annual tax bill, insurance, and the $17/mo HOA fee.

HOA fee

$17/mo

Managed by Bob.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byNEXTDWELLListing agent: Austin CummingsListing data from Stellar MLS, MLS# O6436939.

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