tomo logo

$1,450,000

Beds
4
Baths
2.0
sq ft
2,080

2898 Newfound Harbor Dr, Merritt Island, FL 32952

2898 Newfound Harbor Dr

Merritt Island, FL 32952

  • 55 days on market
Back on the Market! Unfortunately, the previous buyers got cold feet, but their loss could be your gain! Welcome to HORTI POINT, a direct Banana Riverfront retreat offering nearly an acre of serene, resort-style living. This stunning pool home is a private oasis, featuring a fully covered summer kitchen with a massive island, granite countertops, abundant seating, and tons of storage. A custom outdoor wet bar and grill area is ready for entertaining, with available wiring for a future jacuzzi. Step outside to your own private beach, a wood-burning fire pit, and the shade of majestic oak trees, all overlooking breathtaking river views. Boating enthusiasts will love the jet ski lift and covered boat dock with a 9,000lb lift. Inside, this concrete block home combines timeless design with modern upgrades. Offering 4 bedrooms, 2 bathrooms, and 2,080 sq ft of open-concept living, the home features waterproof luxury vinyl flooring throughout. The brand-new gourmet kitchen is a chef's dream, boasting soft-close cabinets and drawers, quartz countertops, a waterfall island, and a stunning quartz backsplash. New stainless-steel appliances, a custom bar with a beverage fridge and quartz finishes, and a spacious walk-in pantry with abundant storage make this space perfect for entertaining.Impact-rated windows provide enhanced safety, energy efficiency, and storm protection. This home is equipped with a 2023 septic system and drain field, a 2017 roof, a 2019 air handler and 2017 AC, and a 2017 water heater, ensuring peace of mind for years to come. Relax in the backyard and enjoy daily sightings of playful dolphins, gentle manatees, and vibrant bird species, immersing you in the beauty of nature. Don't miss the opportunity to own this spectacular Banana Riverfront home, where elegance, modern comfort, and natural beauty come together to create the perfect lifestyle.

Details

Property type

Single Family Residence

Est. home value

$1,145,649

Property condition

Updated/Remodeled

Lot size

0.93 acres

Price per sq ft

$698

Year built

1967

Price History

01/27/2025
BrevardMLS

BrevardMLS #1031880

Listed
$1,450,000
01/24/2025
BrevardMLS

BrevardMLS #1031880

Pending
$1,450,000
12/12/2024
BrevardMLS

BrevardMLS #1031880

Listed
$1,450,000
+28.89%

Schools & Community

Neighborhood: 

Angel City

Elementary school: 

Tropical

Middle school: 

Jefferson

High school: 

Merritt Island

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$536,207
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$797,793
Cash to seller
$536,207

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

City National Bank Of Florida

Loan start date

March 2022

Original loan amount

$843,750

Est. remaining balance

$797,793

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

David Cooley and Barbara Cooley

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
BrevardMLS
$1,275,000
4 bd
|
2 ba
|
2,262 sq ft
|
House

931 S 4th St, Cocoa Beach, FL 32931

BrevardMLS
$1,595,000
4 bd
|
3 ba
|
2,650 sq ft
|
House

905 Trinidad Rd, Cocoa Beach, FL 32931

Price drop
BrevardMLS
$1,499,000
4 bd
|
2.5 ba
|
3,145 sq ft
|
House

401 Swann Grove Ln, Merritt Island, FL 32952

Status: Active

Tomo last checked: 02/05/2025 at 5:55 PM

Listing updated: 02/02/2025 at 3:05 AM

Listed by: Natalie Kae Decker, Keller Williams Realty Brevard Phone #: (321) 259-1170

MLS: BrevardMLS #1031880

BrevardMLS logo

Recently listed in Merritt Island