9400 S Tropical Trail, Merritt Island, FL 32952
Sanders Subd · Brevard County
Key Facts
Description
Discover unparalleled potential in one of the last remaining large river-to-river estate properties on South Merritt Island. Spanning 1.5 acres, this remarkable lot offers full frontage on both the serene Indian River and the picturesque Banana River, providing breathtaking water views from every angle. The existing home, rebuilt in 2000's, includes a 30+ year metal roof, original terrazzo floors throughout and hurricane high impact windows. For those with a vision for expansion or development, the unique possibility of division into two separate lots, but Buyer must do their due diligence to determine options. Embrace the rare chance to own a piece of Merritt Island's legacy, where the value truly lies in the expansive, versatile land. Whether you envision a private retreat, a family compound, or an investment in prime real estate, this estate presents endless possibilities.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1962
Living Area
2,609 sq ft
Lot Size
1.50 acres
MLS® Listing#
1082787
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Pool
Parking
Patio
Fencing
Lot Features
Construction
Roof
Security
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Ocean Breeze
- Middle:
- DeLaura
- High:
- Satellite
Financial Details
HOA
None
Annual Taxes
$10,480
Tax year 2022
Parcel Number
26-37-28-01-00000.0-0002.00
Affordability Calculator
$378,000
Estimated monthly payment
$10,059/mo
Principal $1,512,000 · Est. interest $2,109,375 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Merritt Island, FL
- $696,209
- Median Listing Price
- 99
- Median Days on Market
- 1,708
- Median Sq Ft
- $467
- Median Price / Sq Ft
- 1,315
- Active Listings
- This home’s price is 171% above the area median.
- Its price per sq ft is 55% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Merritt Island, FL.
Location
Points of Interest in Merritt Island, FL
Showing the Merritt Island area map.
Nearby Schools
Coastal Community School
School · 1.4 mi away
Spessard L. Holland Elementary School
Elementary · 1.6 mi away
Sea Park Elementary School
Elementary · 1.8 mi away
Satellite High School
Secondary · 2.0 mi away
Delaura Middle School
Secondary · 2.0 mi away
Surfside Elementary School
Elementary · 2.0 mi away
Sherwood Elementary School
Elementary · 2.5 mi away
Ascension Catholic Church
School · 2.5 mi away
Holy Trinity Episcopal Academy
School · 2.6 mi away
Junior Bears Childcare
Elementary · 2.6 mi away
Suntree Montessori
Elementary · 2.6 mi away
Wade Christian Academy
School · 2.8 mi away
Longleaf Elementary School
Elementary · 2.8 mi away
Keystone Academy
School · 3.0 mi away
Indian Harbour Montessori School
Secondary · 3.1 mi away
Dr WJ Creel Elementary School
Elementary · 3.4 mi away
Suntree Elementary School
Elementary · 3.5 mi away
Ocean Breeze Elementary School
Elementary · 3.5 mi away
Johnson Middle School
Secondary · 3.5 mi away
The Verdi Ecoschool
School · 3.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 280 S Collier Boulevard 1101, Marco Island, FL | $1,325,000 | 2 | 2 | 1,733 |
| 10103 TARPON DRIVE, TREASURE ISLAND, FL | $1,334,000 | 3 | 2 | 2,210 |
| 390 WAINAI Drive, Merritt Island, FL | $1,349,000 | 4 | 2 | 2,660 |
| 1211 Bimini Lane, Singer Island, FL | $1,350,000 | 4 | 3 | 2,252 |
| 980 Cape Marco Drive 1602, Marco Island, FL | $1,350,000 | 3 | 2 | 1,820 |
| 4100 N Ocean Drive 1704, Singer Island, FL | $1,350,000 | 2 | 4 | 2,011 |
Moving Cost Estimate
EXIT Agents in Merritt Island
Listing Courtesy: Real Broker, LLC - 8554500442