See Home Value
$555,000
● House - Off Market

222 Cove Loop Drive

Merritt Island, FL 32953
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,270 Ft²
$3,259
Est. Monthly
$46
HOA / Fees
4.68%
Cap Rate

About This Property

This Merritt Island pool home is ready for new owners! Spacious living areas, with 4 bedrooms, 2 bathrooms and loads of potential. Three of the 4 bedrooms boasts a water view, so no backyard neighbors except for the abundant wildlife sightings. Kitchen has granite countertops, SS appliances with an open concept that provides a great vantage point to the pool area and living room.  Vaulted ceilings give a grandiose feel to all of the living spaces, as well as the Primary Suite. Planation shutters throughout the home provide light and airy space, and privacy when needed. The primary bath has a spa tub, separate shower and separate vanities. Solar panels provide a very low monthly electric bill. The pool overlooks the pond and has plenty of covered place and beautiful views. Paver'd driveway! This location and neighborhood are highly desirable and close to Merritt Island's top-rated schools. Very close to Rt 528, I95, Rt 1, Port Canaveral, Kennedy Space Center and of course, the beaches!
Unit Size
2,270 Ft²
Days on Market
25 days
Land Size
0.21 acres
Price per sqft
$244
Property Type
House
Property Taxes
$488
HOA Dues
$46
Year Built
1990

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Space Coast MLS #1046891)

Price History

Date / Event Date Event Price
May 26, 2026 Sold
Sold
May 3, 2026 In contract -
In contract
Apr 19, 2026 Price Decreased $579,000
↓ $10K (1.7%)
Price Decreased
Apr 10, 2026 Listed by Gulfstream Realty Group $589,000
Listed by Gulfstream Realty Group
This beautifully updated 4-bedroom, 2-bath pool home is perfectly situated on a tranquil lake in the highly desirable Villa de Palms community. Offering a bright and open floor plan, the home is designed for both comfortable living and effortless entertaining.The interior features a brand-new kitchen with modern finishes, complemented by fully renovated bathrooms. Natural light fills the spacious living areas, creating a warm and inviting atmosphere.Step outside to your private backyard retreat, where a freshly resurfaced pool overlooks serene lake views-perfect for relaxing or hosting gatherings year-round.Major updates include a new roof (2025) and fully paid-off solar panels that significantly reduce energy costs, resulting in a minimal electric bill-providing both efficiency and long-term savings.Ideally located near major roadways, beautiful beaches, and top-rated schools, this home combines convenience with a peaceful setting. A true move-in-ready gem.
Jun 16, 2025 Sold
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 820
  • Total Building Area: 3,121
  • Gross Building Area: 3,121
  • Building Area: 2,270
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,270
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLA DE PALMAS SYKES COVE SEC 02
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: VILLA DE PALMAS SYKES COVE SEC 02 LOT 125

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 069801

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 146
  • Account Number: 2412093
  • Parcel: 24-36-14-OI-00000.0-0125.00
  • Lot: 125
  • Meridian: SEC 14 TWN 24S RNG 36E
  • Municipality: UNINCORP DISTRICT 2
  • Latitude: 28.3928
  • Longitude: -80.6972

    Address

  • Full Address: 222 Cove Loop Dr
  • Address - House Number: 222
  • Address - Street Name: Cove Loop
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Merritt Island
  • Carrier Code: C030
  • 4-Digit Zip Code: 3071
  • Zip Code: 32953

Valuation

    Tax

  • Total Area: 2,668
  • Tax Year: 2022
  • Tax Amount: $512,787
  • Tax Rate Code Area: 2200

    Appraisal Valuation

  • Standard Deviation: 0.2454
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 626,568
  • High Value: 780,376
  • Low Value: 472,759

    Market Valuation

  • Market Total Value: $397,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $397,710

    Sales

  • Current Sale Contract Date: Dec 03, 2012
  • Current Sale Recording Date: Dec 06, 2012
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012243268
  • Previous Sale Recording Date: Sep 23, 1996
  • Previous Sale Contract Date: Sep 17, 1996
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Villa De Palmas Sykes Cove


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 101 Summer Place, Merritt Island, FL, 32953

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,037 ft²
101 Summer Place #1, Merritt Island, FL, 32953 Listing by Kimberly McNear
Unit for rent at 86 Hurwood Avenue, Merritt Island, FL, 32953

$1,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,081 ft²
86 Hurwood Avenue, Merritt Island, FL, 32953 Listing by Colleen Mazzoni
Unit for rent at 210 Juniper Avenue, Merritt Island, FL, 32953

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,594 ft²
210 Juniper Avenue, Merritt Island, FL, 32953 Listing by Betsy Bateman


Frequently Asked Questions

When was property at 222 Cove Loop Drive built and last sold?
The property at 222 Cove Loop Drive was built in 1990 and last sold on Dec 3, 2012 for $242,000.
How much is this home worth?
The estimated value of the home located at 222 Cove Loop Drive is $601,886.
What are some comparable homes to 222 Cove Loop Drive?
There are currently no comparable homes to 222 Cove Loop Drive.