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$325,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 565 Kings Way
General
- Price: $325,000
- Taxes: $2,043 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1088406
- Updated: 9/24/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Open Floorplan
- Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Covered, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Parking Features: Attached
Location
- Area: 250 - N Merritt Island
- County: Brevard
- Subdivision: None
- Driving Directions: From SR-520, head north on N Courtenay Pkwy (SR-3). Continue north across the Barge Canal, then turn right onto Kings Way just past Chase Hammock Rd. Continue on Kings Way to 565 Kings Way. Property will be on the right.
- Direction Faces: North
School Information
- Elementary School: Carroll
- Middle School: Jefferson
- High School: Merritt Island
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Water Connected
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,482
- Living Area: 1,482 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1971
- Property Condition: Fixer
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 1.08
- Lot Size (Sq. Ft.): 47,045
- Street/Road Desc.: Asphalt
- Lot Features: Other
Financial Considerations
- Price Per Sq. Ft.: $219.3
- Tax Amount: $2,043.22
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 23-36-26-00-00515.0-0000.00
Listed by Homevest Realty
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Schools
Schools serving 565 Kings Way
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Lewis Carroll Elementary School 1 Skyline Boulevard, Merritt Island, FL 32953 | K-6 | 4.3 mi |
Merritt Island High School 100 Mustang Way, Merritt Island, FL 32953 | 9-12 | 5.3 mi |
Thomas Jefferson Middle School, Merritt Island, FL 1275 South Courtenay Parkway, Merritt Island, FL 32952 | 7-8 | 8.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 565 Kings Way
Date
Details
Price
Change
Source
9/24/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 565 Kings Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,043
76%
$162,080
3%
2025
$1,162
-38%
$157,820
3%
2024
$1,868
2%
$153,380
3%
2023
$1,828
6%
$148,920
6%
2021
$1,718
2%
$140,380
-3%
2022
$1,683
-2%
$144,590
4%
2021
$1,718
8%
$138,450
2%
2019
$1,593
1%
$135,340
2%
2018
$1,584
—
$132,820
2%
2017
$1,578
-13%
$130,090
2%
2016
$1,805
-2%
$127,420
1%
2015
$1,843
—
$126,540
1%
2014
$1,852
—
$125,540
1%
2013
$1,847
—
$123,690
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 565 Kings Way
565 Kings Way, Merritt Island, FL 32953 (MLS# 1088406) is a Single Family property with 3 bedrooms and 1 full bathroom. 565 Kings Way is currently listed for $325,000 and was received on September 24, 2026. Want to learn more about 565 Kings Way? Do you have questions about finding other Single Family real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.

