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$719,500

Beds
3
Baths
3.0
sq ft
1,955

5120 Mallard Lakes Ct, Merritt Island, FL 32953

5120 Mallard Lakes Ct

Merritt Island, FL 32953

  • 4 days on market
Welcome to 5120, where space, privacy, and no HOA meet! Nestled on 1+ acre in a peaceful neighborhood, this meticulously maintained home features a brand-new roof, mature oak trees, and a generous driveway leading to a 3-car garage with rear access—perfect for kayaks & lawn equipment. Inside, vaulted ceilings, new tile, and fresh paint create a warm ambiance, while backyard views from nearly every room showcase stunning sunrises and poolside serenity. Step outside to enjoy a brand-new screen-enclosed, heated pool and patio with a private pool bath, all overlooking the community lake. The open kitchen with granite countertops, stainless appliances, and a breakfast bar,connects to two living areas—one with a wood-burning fireplace—and a formal dining space. The primary suite offers vaulted ceilings, his-and-her closets, double sinks, a spa-inspired walk-in shower, and a private toilet closet. Two additional bedrooms share a second bath. Move-in ready and truly one of a kind!

Details

Property type

Single Family Residence

Est. home value

$544,558

Property condition

Updated/Remodeled

Lot size

1.14 acres

Price per sq ft

$369

Year built

1993

Annual property taxes

$6,339

Price History

03/31/2025
BrevardMLS

BrevardMLS #1041679

Listed
$719,500
+34.49%
07/01/2022
BrevardMLS

BrevardMLS #934912

Sold
$535,000
+46.58%
09/25/2020
BrevardMLS

BrevardMLS #882117

Sold
$365,000
+2.82%

Schools & Community

Elementary school: 

Carroll

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

$199,833
Asking price
$719,500
Closing costs (~8% of asking)
-$57,560
Est. remaining loan balance
-$462,107
Cash to seller
$199,833

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2022

Original loan amount

$481,500

Est. remaining balance

$462,107

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Michael David Fritz and Jerel Margorie Honer

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?

Status: Active

Tomo last checked: 04/03/2025 at 10:50 PM

Listing updated: 04/02/2025 at 9:10 AM

Listed by: Marc-Andre Lalonde, Vylla Home Phone #: (813) 965-0505

MLS: BrevardMLS #1041679

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