$9,439 Closing Credit¹
#1040300, Joel Ludlow, Listing Office: Denovo Realty
$1,200,000 List price
1940 Gates Rd Merritt Island, FL 32952
$10,000
Closing credit¹
4 beds
4 full, 1 partial
3,174 sqft
0.4 acres
$378 / sqft
House
Property details
About 1940 Gates Rd
**SELLER MOTIVATED** Discover the epitome of Floridian living in this exquisite single-family residence, designed with families in mind. With 4 generously-sized bedrooms and 2.5 bathrooms, this home promises comfort for all. Nestled on a spacious .36-acre lot, it offers an abundance of outdoor space complemented by an oversized Florida room, perfect for soaking in the serene waterfront views. The sprawling floorplan invites you in, leading to a large master suite that serves as a tranquil retreat. Step outside to experience the allure of the lagoon-style pool with paver pool deck, where endless days of relaxation and family fun await. This property is thoughtfully equipped with ample parking space, including provisions for RV or boat parking, ensuring all your lifestyle needs are met. Embrace the charm and ease of this waterfront sanctuary, where every day feels like a vacation. Welcome to your new home, where memories await to be made.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,174 sqft
Lot size0.36 Acres
Year built1986
ParkingGarage
MLS #1032483
Garage2 spaces
WaterfrontLagoon, Navigable Water
ViewRiver
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Flooring Type: Carpet,Tile,Wood
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Garage
- Waterfront: Lagoon, Navigable Water
- View: River
- Heating: Central
- Cooling: Central Air
- List Price: $1,200,000
- Price/SqFt: $378
- Annual Tax Amount: $5,147
- Tax Year: 2023
- Lot: Dead End Street
- Directions: Newfound Harbor south to Gates Rd, turn right onto Gates. Home is on the left after the curve in road.
- Year Built: 1986
- Stories: 1
- Living Area: 3,174 SqFt
- Lot Size: 0.36 Acres
- MLS Number: 1032483
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: Anchor R.E. & Prop. Mgt LLC
- Office Phone: (321) 877-2457
- Office Email: bbbateman75@gmail.com
- Listing Agent: Jeffrey Lee Bateman
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 6:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
1940 Gates Rd
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $407,030 | $5,147 |
| 2022 | $395,180 | $4,867 |
| 2021 | $383,670 | $4,867 |
| 2020 | $378,380 | $5,080 |
| 2019 | $369,880 | $5,074 |
| 2018 | $362,990 | $5,146 |
| 2017 | $355,530 | $5,146 |
History based on county public records data.
Nearby schools
9
Theodore Roosevelt Elementary School
Public District KG-6
2.2 mi
•1400 Minutemen Cswy
8
Tropical Elementary School
Public District KG-6
2.3 mi
•885 S Courtenay Pkwy
10
Freedom 7 Elementary School of International Studies
Public District KG-6
3.2 mi
•400 S 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,212. Typical income of Merritt Island, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
31%
<35k
39%
35k-100k
18%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
6%
Single, with Kids
37%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
52%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Figure Skating
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Bob Evans
What do the neighbors drive?
Mazda
Lincoln
Oldsmobile
What do the neighbors listen to?
Rock
Classical
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1940 Gates Rd
The listing price of 1940 Gates Rd property is $1,200,000.
The property 1940 Gates Rd is a house located in Merritt Island, Florida, 32952.
Active Listing: 1940 Gates Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1940 Gates Rd are: Theodore Roosevelt Elementary School (GreatSchools Rating 9/10), Tropical Elementary School (GreatSchools Rating 8/10), Freedom 7 Elementary School of International Studies (GreatSchools Rating 10/10), Jefferson Middle School (GreatSchools Rating 5/10), John F. Kennedy Middle School (GreatSchools Rating 5/10), Ronald McNair Magnet School (GreatSchools Rating 3/10), Cocoa Beach Junior/Senior High School (GreatSchools Rating 6/10), Edgewood Jr/Sr High School (GreatSchools Rating 10/10), Rockledge High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $5,147 (source: MLS/based on county public records data).
The property at 1940 Gates Rd has 4 bedrooms and 4 full and 1 half bathrooms.
The property 1940 Gates Rd is 3,174 SqFt (source: MLS/tax record).
The year of construction for 1940 Gates Rd is 1986.
This home is located at 1940 Gates Rd in Merritt Island, FL and zip code 32952. This 3,174 square foot home, which was built in 1986, sits on a 0.36 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $1,200,000.
In April 2025, from all listings sold in Merritt Island, FL there were more than 5 sold above asking price, over 54 sold below and more than 11 were sold right at the asked price. The inventory of homes for sale in Merritt Island, FL between March and April 2025 increased by 12.2%. In April 2025 median list price was $471,727 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.