READY TO BUILD YOUR WATERFRONT DREAM HOME along the Space Coast of FLORIDA? Let's begin construction for your custom residence on this DEEP WATER canal lot featuring .23 acres with DIRECT ACCESS to the Banana River. This vacant land has been cleared and is ready for a brand new abode! Once you have moved and settled into the sunny Florida lifestyle, you will enjoy having front row seats to traveling cruise ships, Manatees, Dolphins and those spectacular rocket launches!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,688
Per Month
Principal & Interest
$2,621
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,640
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Audubon Elementary School
1201 N Banana River Dr
Distance between this listing and this school0.54 miles
Public District Grades PK-6
10
/10
Robert L. Stevenson Elementary School
1450 Martin Blvd
Distance between this listing and this school1.02 miles
Public District Grades KG-6
8
/10
Lewis Carroll Elementary School
1 Skyline Blvd
Distance between this listing and this school2.16 miles
Public District Grades KG-6
Nearby Schools
4
/10
Jefferson Middle School
1275 S Courtenay Pkwy
Distance between this listing and this school3.71 miles
Public District Grades 7-8
4
/10
Ronald McNair Magnet School
1 Challenger Dr
Distance between this listing and this school5.04 miles
Public Magnet Grades 7-8
3
/10
Emma Jewel Charter Academy
705 Blake Ave
Distance between this listing and this school5.07 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Merritt Island High School
100 Mustang Way
Distance between this listing and this school2.15 miles
Public District Grades 9-12
10
/10
Edgewood Jr/Sr High School
180 E Merritt Ave
Distance between this listing and this school2.41 miles
Public District Grades 7-12
1
/10
North/Central Area Alternative Learning Center
301 Grove Blvd
Distance between this listing and this school2.59 miles
The neighbors living near this home have an average income of $87,500. The majority of Merritt Island, FL residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1740 Wavecrest St
What is the listing price of this property?
The listing price of 1740 Wavecrest St property is $525,000.
What type of property is this?
The property 1740 Wavecrest St is land located in Merritt Island, Florida, 32952.
Is this property for sale now?
Active Listing: 1740 Wavecrest St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,317 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1740 Wavecrest St in Merritt Island, FL and zip code 32952 in the Canaveral neighborhood. This home sits on a 0.23 acre lot. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $525,000.
In November 2024, from all listings sold in Merritt Island, FL there were more than 0 sold above asking price, over 28 sold below and more than 7 were sold right at the asked price. Between October 2024 and November 2024, Merritt Island, FL real estate market has seen increase in the number of listings by 1.9%. Listings spent 72 days on the market in November 2024, and had a median list price of $475,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Hiking/backpacking
Hiking/backpacking
PGA/LPGA
Symphony or Opera
Nordstrom Rack
Stein Mart
Chico's
Chipotle
Bonefish Grill
Boston Market
Mazda
Lincoln
Volvo
Rock
Classical
Talk/Personality