1940 Gates Rd Merritt Island, FL 32952
Estimated payment $6,238/month
Highlights
- Docks
- Boat Lift
- Private Pool
- Home fronts navigable water
- Greenhouse
- River View
About This Home
Experience refined waterfront living in this beautifully updated 4 bedroom, 2.5 bath pool home situated in the prestigious Newfound Harbor area of Merritt Island. Set on a serene waterfront lot, this residence offers a spacious, flowing floor plan designed to highlight natural light, comfort, and style. The heart of the home is the newly renovated kitchen, thoughtfully appointed with modern finishes and generous workspace. Multiple living and dining areas provide an elegant yet comfortable setting for both everyday living and hosting. Outdoor living is elevated with a paved pool deck overlooking the water, creating a tranquil backdrop for relaxation and entertainment. A well maintained yard frames the property beautifully, while the updated dock provided seamless access for boating and waterfront enjoyment. Located close to fine dining, shopping, beaches, and top rated conveniences, this exceptional residence offers a rare opportunity to enjoy luxury waterfront living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,147
Year Built
- Built in 1986
Lot Details
- 0.36 Acre Lot
- Home fronts navigable water
- River Front
- Street terminates at a dead end
- East Facing Home
- Privacy Fence
- Vinyl Fence
Parking
- 2 Car Garage
Home Design
- Frame Construction
- Tile Roof
Interior Spaces
- 3,174 Sq Ft Home
- 1-Story Property
- Skylights
- Wood Burning Fireplace
- River Views
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
- Smart Thermostat
- Hurricane or Storm Shutters
Pool
- Private Pool
- Waterfall Pool Feature
- Outdoor Shower
Outdoor Features
- Boat Lift
- Docks
- Greenhouse
- Gazebo
- Shed
Schools
- Tropical Elementary School
- Jefferson Middle School
- Merritt Island High School
Utilities
- Central Heating and Cooling System
- Water Not Available
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 25-37-07-00-00768.0-0000.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,186 | $431,170 | -- | -- |
| 2024 | $5,147 | $419,020 | -- | -- |
| 2023 | $5,147 | $407,030 | $0 | $0 |
| 2022 | $4,868 | $395,180 | $0 | $0 |
| 2021 | $5,117 | $383,670 | $0 | $0 |
| 2020 | $5,081 | $378,380 | $0 | $0 |
| 2019 | $5,049 | $369,880 | $0 | $0 |
| 2018 | $5,074 | $362,990 | $0 | $0 |
| 2017 | $5,147 | $355,530 | $0 | $0 |
| 2016 | $5,252 | $348,220 | $228,000 | $120,220 |
| 2015 | $5,422 | $345,800 | $209,500 | $136,300 |
| 2014 | $5,467 | $343,060 | $209,500 | $133,560 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $1,100,000 | 0.0% | $347 / Sq Ft |
| 11/18/2024 11/18/24 | Rented | $3,500 | 0.0% | -- |
| 10/28/2024 10/28/24 | For Rent | $3,500 | 0.0% | -- |
| 10/25/2024 10/25/24 | Under Contract | -- | -- | -- |
| 10/04/2024 10/04/24 | For Rent | $3,500 | 0.0% | -- |
| 01/10/2024 01/10/24 | Rented | -- | -- | -- |
| 01/09/2024 01/09/24 | Under Contract | -- | -- | -- |
| 11/09/2023 11/09/23 | For Rent | $3,500 | 0.0% | -- |
| 09/26/2022 09/26/22 | Rented | $3,500 | 0.0% | -- |
| 09/23/2022 09/23/22 | Under Contract | -- | -- | -- |
| 08/31/2022 08/31/22 | Price Changed | $3,500 | -12.5% | $1 / Sq Ft |
| 07/28/2022 07/28/22 | For Rent | $4,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $463,000 | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1062653
APN: 25-37-07-00-00768.0-0000.00
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