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$425,000

Beds
3
Baths
2.0
sq ft
1,522

540 E Gateway Ct, Merritt Island, FL 32952

540 E Gateway Ct

Merritt Island, FL 32952

  • 2 days on market
WELCOME HOME! Beautiful Merritt Island pool home in desirable Newfound Harbor neighborhood. This charming 3 bedroom, 2 bathroom home has been lovingly maintained. When you walk in the front door you are greeted with an open concept floor plan and attention to detail with gorgeous tongue and groove ceilings in the kitchen, stainless steel appliances, newer duct work, whole home generator and freshly painted throughout. Enjoy the enclosed Florida sunroom overlooking sparkling pool and tropical oasis landscaped backyard. Just minutes to Cocoa Beach, public boat ramps & kayak launches. Bike ride to Harbor Point Park's fishing pier on the Banana River. Centrally located with easy access to 520, 528, 95. Less than 30 minutes to Patrick Space Force Base, Kennedy Space Center, Space X & Blue Origin. Disney & Orlando Airport less than an hour away.

Details

Property type

Single Family Residence

Est. home value

$387,218

Lot size

8,712 sq ft

Price per sq ft

$280

Year built

1964

Annual property taxes

$1,289.21

Price History

01/03/2025
BrevardMLS

BrevardMLS #1033099

Listed
$425,000
+42.62%
02/22/2021
BrevardMLS

BrevardMLS #889437

Sold
$298,000

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

$109,465
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$281,535
Cash to seller
$109,465

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

Seller’s Loan History

Lender

Capital Partners Mortgage Llc

Loan start date

February 2021

Original loan amount

$308,728

Est. remaining balance

$281,535

Interest rate

2.65%

Loan type

VA, 30 year

Seller

Paul B Sutta and Martha L Sutta

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: 01/05/2025 at 4:30 AM

Listing updated: 01/03/2025 at 1:15 PM

Listed by: Jennifer M Penna, Blue Marlin Real Estate Phone #: (321) 877-2902

MLS: BrevardMLS #1033099

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