Check Availability
$1,695,000
House - In Contract

1970 Gates Road

Merritt Island, FL 32952
bedrooms
5 Beds
bathrooms
4 Baths
$9,347
Estimated Monthly
$0
HOA / Fees
1.61%
Cap Rate

About This Property

Nestled along the serene shore of Merritt Island awaits a waterfront oasis like no other. A quintessential Key West-style home, boasting luxury and charm with 5 beds/4 baths, this residence offers a blend of coastal elegance and modern comfort. It's an ultimate outdoor paradise, featuring a custom beach-entry pool with a rock bridge, palm island, and an elevated spa. Relax in the shady tiki hut patio or enjoy sunsets from your riverside dock with a covered boat lift. Inside the home features a natural rock fireplace, huge windows, and hardwood floors creating comfort with high-end style. Dual master suites, multiple living areas, a dedicated office space, and a fully outfitted kitchen provide you with the perfect space to call home. The metal-hip style roof will ease your mind as you relax on the covered front porch. In a prime location, this home offers the perfect blend of comfort, style, and convenience. Let this be your dream home!
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,023
HOA Dues
-
Year Built
1989

Listed By

Mary Thorne
Dale Sorensen Real Estate Inc.
Dawn Garrison
Dale Sorensen Real Estate Inc.
Last updated: 15 days ago (Space Coast MLS #1011338)

Price History

Date / Event Date Event Price
May 6, 2024 In contract -
In contract
Apr 18, 2024 Listed by Dale Sorensen Real Estate $1,695,000
Listed by Dale Sorensen Real Estate
Nestled along the serene shore of Merritt Island awaits a waterfront oasis like no other. A quintessential Key West-style home, boasting luxury and charm with 5 beds/4 baths, this residence offers a blend of coastal elegance and modern comfort. It's an ultimate outdoor paradise, featuring a custom beach-entry pool with a rock bridge, palm island, and an elevated spa. Relax in the shady tiki hut patio or enjoy sunsets from your riverside dock with a covered boat lift. Inside the home…
Oct 6, 2021 No longer available -
No longer available
Mar 17, 2021 Sold to Loretta D Sartin, Timothy J... $1,150,000
Sold to Loretta D Sartin, Timothy J...
Dec 1, 2020 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Parking Features: Attached, Garage Door Opener
Garage Spaces: 2
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 4

Interior Information

Interior Features: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances: Dishwasher, Double Oven, Electric Cooktop, Electric Water Heater, Microwave
Flooring Type: Tile, Wood
Living Area Square Feet Source: Public Records

Fireplace Information

Has Fireplace
Wood Burning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 647
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 900
  • Total Building Area: 5,315
  • Gross Building Area: 5,315
  • Building Area: 4,252
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,252
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: ACREAGE & UNREC
  • Land Acres: 0.33
  • Legal Description 1: PART OF N 1/2 OF GOVT LOT 3 LYING WEST OF NEWFOUND HARBOR DRIVE AS DESC IN ORB 2875 PG 109

Ownership

  • Current Owner : GOODWIN TIMOTHY J
  • Current Owner 2: SARTIN LORETTA D
  • Previous Owner : ARMSTRONG RANDOLPH
  • Previous Owner 2: ARMSTRONG CHERYL
  • Owner Before Previous Owner: BANKUNITED NA
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 069300

Zoning

  • Zoning: RU111

Geography

  • Assessors Map Reference: 201
  • Account Number: 2515138
  • Parcel: 25-37-07-00-00772.0-0000.00
  • Block: 772
  • Lot: 3
  • Meridian: SEC 07 TWN 25S RNG 37E
  • Municipality: UNINCORP DISTRICT 2
  • Latitude: 28.3238
  • Longitude: -80.6625

    Address

  • Full Address: 1970 Gates Rd
  • Address - House Number: 1970
  • Address - Street Name: Gates
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Merritt Island
  • Carrier Code: C012
  • 4-Digit Zip Code: 2905
  • Zip Code: 32952

Valuation

    Tax

  • Total Area: 3,421
  • Tax Year: 2022
  • Tax Amount: $11,502
  • Tax Rate Code Area: 2200

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 1,417,932
  • High Value: 1,661,730
  • Low Value: 1,174,134

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $920,000
  • First Open Lien Mortgage Lender: THE MORTGAGE FIRM INC
  • First Open Lien Mortgage Recording Date: Mar 17, 2021
  • First Open Lien Mortgage Loan Amount: $920,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $1,007,980

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $946,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 17, 2021
  • Current Sale Transaction ID: 11826222222
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2021068013
  • Previous Sale Recording Date: Feb 13, 2014
  • Previous Sale Contract Date: Dec 04, 2013
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: THE MORTGAGE FIRM INC
  • First Mortgage Transaction Date: Mar 17, 2021
  • First Mortgage Loan Amount: $920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK MORTGAGE CO
  • Previous Mortgage Transaction Date: Feb 13, 2014
  • Previous Mortgage Loan Amount: $396,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2044

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
-
$1,400,000 Nov 27, 2021
$1,400,000 Apr 21, 2022
$573/mo
House
4 Beds
4 Baths
-
$1,400,000 Jun 27, 2022
$1,400,000 Oct 28, 2022
$468/mo
House
4 Beds
4 Baths
-
$1,500,000 Feb 22, 2024
-
$445/mo

About Merritt Island


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Unit for sale at 1999 South Misty Harbor Place, Merritt Island, FL 32952

$1,500,000

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1999 South Misty Harbor Place, Merritt Island, FL 32952 Listing by John Lukas

Nearby Rentals



Frequently Asked Questions

When was property at 1970 Gates Road built and last sold?
The property at 1970 Gates Road was built in 1989 and last sold on Mar 12, 2021 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 1970 Gates Road is $1,711,950.
What are some comparable homes to 1970 Gates Road?
Homes that are comparable to 1970 Gates Road include a house property at 1999 South Misty Harbor Place, 2005 South Misty Harbor Place, which are both great to check out.

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