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.
For sale
Price cut: $65K (12/11)
$1,035,000
1940 Gates Rd, Merritt Island, FL 32952
4beds
3,174sqft
Est.:
Single Family Residence
Built in 1986
0.36 Acres Lot
$970,100 Zestimate®
$326/sqft
$-- HOA
What's special
Serene waterfront lotModern finishesNewly renovated kitchenGenerous workspaceElegant yet comfortable settingSpacious flowing floor planWell maintained yard
- 48 days |
- 2,117 |
- 163 |
Zillow last checked: 8 hours ago
Listing updated: January 05, 2026 at 11:31am
Listed by:
Christian Dossett 352-445-1174,
Blue Marlin Real Estate,
Rachelle J. Schwartz 321-360-8206,
Blue Marlin Real Estate
Source: Space Coast AOR,MLS#: 1062653
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Features
- Breakfast Bar, Primary Bathroom -Tub with Separate Shower, Smart Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Skylight(s)
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 3,174 sqft
Property
Parking
- Total spaces: 2
- Parking features: Other
- Garage spaces: 2
Features
- Stories: 1
- Exterior features: Dock, Outdoor Shower, Other, Boat Lift, Storm Shutters
- Has private pool: Yes
- Pool features: Waterfall
- Fencing: Privacy,Vinyl
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: Navigable Water, River Front
- Body of water: Newfound Harbor
Lot
- Size: 0.36 Acres
- Features: Dead End Street, Other
Details
- Additional structures: Gazebo, Greenhouse, Shed(s)
- Additional parcels included: 2515134
- Parcel number: 2537070000768.00000.00
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Frame
- Roof: Tile
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: None
- Utilities for property: Other
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Merritt Island
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $909,140
- Annual tax amount: $5,147
- Date on market: 11/21/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$970,100
$922,000 - $1.02M
$3,838/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Price change | $1,035,000-5.9%$326/sqft |
Source: Space Coast AOR #1062653 Report a problem | ||
| 11/21/2025 | Listed for sale | $1,100,000-8.3%$347/sqft |
Source: Space Coast AOR #1062653 Report a problem | ||
| 9/10/2025 | Listing removed | $1,200,000$378/sqft |
Source: Space Coast AOR #1032483 Report a problem | ||
| 12/21/2024 | Listed for sale | $1,200,000+159.2%$378/sqft |
Source: Space Coast AOR #1032483 Report a problem | ||
| 1/9/2024 | Listing removed | -- |
Source: Space Coast AOR #980011 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,186 +0.8% | $419,020 +2.9% |
| 2023 | $5,147 +5.7% | $407,030 +3% |
| 2022 | $4,868 -4.9% | $395,180 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,566/mo
Principal & interest
$4936
Property taxes
$1268
Home insurance
$362
Climate risks
Neighborhood: Angel City
Nearby schools
GreatSchools rating
- 8/10Tropical Elementary SchoolGrades: PK-6Distance: 2.3 mi
- 7/10Thomas Jefferson Middle SchoolGrades: 7-8Distance: 1.5 mi
- 5/10Merritt Island High SchoolGrades: PK,9-12Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Tropical
- 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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