390 URSA AVENUE, MERRITT ISLAND, FL, 32953
Active121 days on marketListed Jun 12, 2026MLS #O6416085
About this home
390 URSA AVENUE
Virtually Staged. Welcome to 390 Ursa Avenue, a beautifully renovated 3-bedroom, 2-bath waterfront home where substantial improvements have already been completed. Updated electrical, complete plumbing replacement, impact-rated windows, renovated kitchen and baths, and a new 45-foot seawall provide incredible value and allow the next owner to focus on making this home their own. Inside, enjoy bright, open living spaces and stylish finishes designed for easy Florida living. Outside is where the possibilities really come to life. With navigable canal frontage and a new seawall, imagine transforming the backyard into your own waterfront oasis **add a pool, create an outdoor entertaining space, or design a dock for your boat and enjoy direct access to the water. (AI rendering available to help showcase just one possibility for the space) The hard work has been done. Now come see it, imagine the lifestyle and what YOU could create here.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,501
Sqft
0.2 ac
Lot size
2
Garage
1967
Year built
One
Levels
$432
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,235 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,235/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+36.5%
$/sqft vs Merritt Island actives
$432 vs $253
Days on market
121 vs 65 typical
Where $432/sqft sits among the 33 Merritt Island actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Diana Shores
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Merritt Island. See the full Merritt Island guide →
Diana Shores — neighborhood snapshot
Population
1,339
Median age
58
Median income
$107,583
Median home value
$469,700
Avg household
2
Households w/ children
90%
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Merritt Island market
$430K → $445K
Merritt Island median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
14 of 33
Merritt Island actives have cut their price
Median sold price, Merritt Island, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 168% above the MERRITT ISLAND 32953 median. See the full Merritt Island market guide →
Paper trail
This home's history
Reality check
What actually sold near 390 URSA AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$579,000
455 SAN CRISTOBAL COURT
3 bd · 2 ba · 1,496 sqft · $387/sqft · 2 DOM
Sold · Mar ’26$420,000
2150 JASON STREET
3 bd · 2 ba · 1,485 sqft · $283/sqft · 13 DOM
Sold · Oct ’25$430,000
955 RICHLAND AVENUE
3 bd · 2 ba · 1,482 sqft · $290/sqft · 45 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kathy Miller
real estate agent · CENTURY 21 Edge
Tours, negotiation, and every question about 390 URSA AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 390 URSA AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kathy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
390 URSA AVENUE FAQs
What would the monthly payment be for 390 URSA AVENUE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,235/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 390 URSA AVENUE?+
The most recent tax bill on record (2025) was $3,950. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Merritt Island?+
At $649,000, this home is listed about 21% above the Merritt Island median of $534,950. The market section on this page shows how the area is trending.
Which schools are assigned to 390 URSA AVENUE?+
Merritt Island High School (high), Mila Elementary School (elementary), Thomas Jefferson Middle School (middle) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$649,000 runs 168% above the MERRITT ISLAND 32953 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Merritt Island High School, Mila Elementary School, Thomas Jefferson Middle School — Thomas Jefferson Middle School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $748,000, now $649,000 — a $99K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COASTAL LIFE PROPERTIES LLC · Jenn Clements. MLS #O6416085.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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