4381 TIMOTHY DRIVE, MERRITT ISLAND, FL, 32953
Active6 days on marketListed Oct 5, 2026MLS #O6447388
About this home
4381 TIMOTHY DRIVE
Located in Osprey Village, a gated 55+ community in North Merritt Island, this 3-bed, 2-bath home offers serene wetland and Sykes Creek views from its private screened lanai. The lanai is the centerpiece of the outdoor space, featuring stone flooring and a full outdoor kitchen. Inside, tall ceilings and wide sliding doors provide abundant natural light, with tile flooring flowing through the main living areas. The kitchen has solid wood cabinets, a breakfast bar, and a spacious pantry. The primary has sliders to the lanai, two walk-in closets, and an en suite with a double vanity, walk-in shower, and a soaking tub. All bedrooms are carpeted for comfort. The attached 2-car garage and laundry with included washer/dryer add convenience. Residents enjoy a pool, bocce ball court, and being minutes to the beaches with a great view of rocket launches. The HOA covers cable, internet, lawn care, exterior maintenance and roof replacement -- completed in 2020. Low-maintenance living awaits!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,732
Sqft
0.2 ac
Lot size
2
Garage
2003
Year built
One
Levels
$172
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 and the real association fee — not generic estimates.
$2,801 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$2,801/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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
−27.4%
$/sqft vs Merritt Island actives
$172 vs $262
Days on market
6 vs 65 typical
Where $172/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 Merritt Island
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Merritt Island. See the full Merritt Island guide →
MERRITT ISLAND 32953 — neighborhood snapshot
Population
24,834
Median age
48.2
Median income
$84,248
Median home value
$394,300
Avg household
2.54
Households w/ children
2,533
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 23% 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 4381 TIMOTHY DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$375,000
3816 SUNBEAM COURT
3 bd · 2 ba · 1,797 sqft · $209/sqft · 6 DOM
Sold · Jun ’26$420,000
3812 SUNBEAM COURT
3 bd · 2 ba · 1,656 sqft · $254/sqft · 0 DOM
Sold · Dec ’25$445,500
255 ANNALISA PLACE
3 bd · 2 ba · 1,860 sqft · $240/sqft · 52 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
Angela Rodriguez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 4381 TIMOTHY DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4381 TIMOTHY DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Angela's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4381 TIMOTHY DRIVE FAQs
What would the monthly payment be for 4381 TIMOTHY DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,801/mo — principal and interest, the actual property-tax bill, the $560/mo association fee 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.
How much are the HOA fees at 4381 TIMOTHY DRIVE?+
The association fee works out to $560 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 4381 TIMOTHY DRIVE?+
The most recent tax bill on record (2025) was $2,338. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 4381 TIMOTHY DRIVE?+
The listing reports pets: Cats OK, Dogs OK, Number Limit, Size Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Merritt Island?+
At $298,000, this home is listed about 44% below the Merritt Island median of $534,950. The market section on this page shows how the area is trending.
Which schools are assigned to 4381 TIMOTHY DRIVE?+
Lewis Carroll Elementary School (elementary), Merritt Island High School (high), Thomas Jefferson Middle School (middle) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$298,000 runs 23% above the MERRITT ISLAND 32953 median.
02Trees/Woods & Water views
The trees/woods and water view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $560/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Fresh on the market
Only 6 days on market in a Merritt Island market that averages 65 — if it fits, move quickly.
05Strong assigned schools
Lewis Carroll Elementary School, Merritt Island High School, Thomas Jefferson Middle School — Lewis Carroll Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of FLORIDA LIFESTYLE REALTY LLC · Jacqueline Griffin. MLS #O6447388.
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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