475 PINE ISLAND ROAD, MERRITT ISLAND, FL, 32953
Active294 days on marketListed Oct 20, 2025MLS #O6353503
About this home
475 PINE ISLAND ROAD
Discover Nearly 5 Acres of Untouched Potential in North Merritt Island! Experience the peace and privacy of this beautifully wooded property, an ideal setting to build your custom dream home, barn, gardens, or retreat. Approximately 1.36 acres consist of uplands, offering a solid foundation surrounded by mature trees and lush native vegetation. Across the road, a canal provides convenient waterfront access, ideal for small boats or kayaks. Just minutes away, explore Pine Island Conservation Area with kayak launches, an observation deck, and over 7 miles of scenic hiking trails. This prime location is only 8 minutes from Kennedy Space Center, 24 minutes to Cocoa Beach, and about an hour to Orlando attractions. Explore local history at Sam's House historic site, or visit SpaceX, Blue Origin, and Port Canaveral. Survey and Environmental Study available. Don't miss this rare opportunity to own a slice of natural Florida with endless possibilities!
Facts & features
The home at a glance
4.89 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,081 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,081/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Merritt Island
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Merritt Island. See the full Merritt Island guide →
MERRITT ISLAND 32953 — neighborhood snapshot
Population
24,834
Median age
48.2
Median income
$84,248
Median home value
$394,300
Avg household
2.54
Households w/ children
2,533
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Merritt Island market
$430K → $607K
Merritt Island median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
Median sold price, Merritt Island, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 65% below the MERRITT ISLAND 32953 median. See the full Merritt Island market guide →
Paper trail
This home's history
Reality check
What actually sold near 475 PINE ISLAND ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$99,000
340 CREOLE DRIVE
3 bd · 3 ba · 1,152 sqft · $86/sqft · 63 DOM
Sold · Feb ’26$485,000
470 E CRISAFULLI ROAD
3 bd · 2 ba · 1,720 sqft · $282/sqft · 60 DOM
Sold · Jan ’26$670,000
5900 COCHRAN LANE
3 bd · 2.5 ba · 2,449 sqft · $274/sqft · 66 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 475 PINE ISLAND ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 475 PINE ISLAND ROAD — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
475 PINE ISLAND ROAD FAQs
What would the monthly payment be for 475 PINE ISLAND ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,081/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 475 PINE ISLAND ROAD?+
The most recent tax bill on record (2024) was $796. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Merritt Island?+
At $135,000, this home is listed about 77% below the Merritt Island median of $574,900. The market section on this page shows how the area is trending.
Which schools are assigned to 475 PINE ISLAND ROAD?+
Merritt Island High School (high), Mila Elementary School (elementary), Thomas Jefferson Middle School (middle) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the MERRITT ISLAND 32953 market on paper
$135,000 is 65% below the MERRITT ISLAND 32953 median of $389,898.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
294 days on market against a Merritt Island median of 55 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Merritt Island High School, Mila Elementary School, Thomas Jefferson Middle School — Thomas Jefferson Middle School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $169,000, now $135,000 — a $34K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of FLORIDA LIFESTYLE REALTY LLC · Jacqueline Griffin. MLS #O6353503.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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