If you've been waiting for a property where the numbers make sense because you're willing to do the work, here it is. Sitting on over an acre in Merritt Island, this 3-bedroom home is ready for someone with a plan and a willingness to see past what's here today. The house needs renovation, but there's plenty to work with, including a fireplace, attached garage, a 2,000+ sq. ft. permitted shop that could easily be used for a living space or an 8 car garage for your toys, and a large lot with room to spread out. No HOA means fewer rules getting in the way of what comes next. Whether you're an investor looking for your next project or a buyer who would rather create what they want than pay for someone else's renovation, the opportunity is here. Bring your contractor, bring your ideas, and come see what 1.08 acres in Merritt Island can become.
For sale
$325,000
565 Kings Way, Merritt Island, FL 32953
3beds
1,482sqft
Single Family Residence
Built in 1971
1.08 Acres Lot
$-- Zestimate®
$219/sqft
$-- HOA
What's special
Attached garage
- 10 days
- 1,103
- 100
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Bradley Young 407-454-2529,
Homevest Realty
Source: Space Coast AOR,MLS#: 1088406
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Oven, Microwave, Refrigerator
Features
- Open Floorplan
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 4,321
- Total interior livable area: 1,482 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Rear Porch, Screened
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.08 Acres
- Features: Other
Details
- Additional structures: Workshop
- Additional parcels included: 2316843
- Parcel number: 2336260000515.00000.00
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Merritt Island
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $321,480
- Annual tax amount: $2,043
- Date on market: 9/24/2026
- Listing terms: Cash
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $325,000$219/sqft |
Source: Space Coast AOR #1088406 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,043 +9.4% | $157,820 +2.9% |
| 2024 | $1,868 +2.2% | $153,380 +3% |
| 2023 | $1,828 +8.6% | $148,920 +3% |
| 2022 | $1,683 -2% | $144,590 +3% |
| 2021 | $1,718 +3.6% | $140,380 +1.4% |
| 2020 | $1,658 +4.1% | $138,450 +2.3% |
| 2019 | $1,593 | $135,340 +1.9% |
| 2018 | $1,593 +0.6% | $132,820 +2.1% |
| 2017 | $1,584 +0.3% | $130,090 +2.1% |
| 2016 | $1,578 -12.5% | $127,420 +0.7% |
| 2015 | $1,805 -2.5% | $126,540 +0.8% |
| 2014 | $1,852 | $125,540 -9.9% |
| 2013 | -- | $139,410 +14.6% |
| 2012 | $1,475 -5.4% | $121,630 -3.7% |
| 2011 | $1,559 -0.4% | $126,270 -22.7% |
| 2010 | $1,565 +8.8% | $163,370 -13.7% |
| 2009 | $1,438 +0.1% | $189,290 -20.4% |
| 2008 | $1,437 -7.5% | $237,800 -4.4% |
| 2007 | $1,554 -7.7% | $248,800 +6.4% |
| 2005 | $1,684 +5.1% | $233,730 +30.6% |
| 2004 | $1,601 -2.9% | $178,940 +6.8% |
| 2003 | $1,649 +2% | $167,570 +17.4% |
| 2002 | $1,616 +2.6% | $142,740 +9.3% |
| 2001 | $1,576 +9% | $130,620 +9.4% |
| 2000 | $1,446 | $119,360 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Merritt Island
Nearby schools
Schools provided by the listing agent
- Elementary: Carroll
- Middle: Jefferson
- High: Merritt Island
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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