347 W Merritt Avenue, Merritt Island, FL 32953
Merritt Park Place · Brevard County
Key Facts
Description
Exciting Investment Opportunity! Formerly a triplex, this property has been converted into a duplex but can effortlessly revert to its original triplex configuration. In its triplex layout, it offers a variety of units: a spacious 2-bedroom, 1-bath unit, a cozy 1-bedroom, 1-bath unit, and a large 1-bedroom, 1-bath unit. Conveniently located less than two miles from all schools and just blocks away from Mila Elementary, it also boasts proximity to shopping and restaurants. Don't overlook this exceptional chance for income generation!
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1957
Stories
1
Living Area
2,323 sq ft
Lot Size
0.38 acres
Parking Spaces
4
MLS® Listing#
1006381
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Fencing
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Mila
- Middle:
- Jefferson
- High:
- Merritt Island
Financial Details
HOA
None
Annual Taxes
$3,303
Tax year 2023
Parcel Number
24-36-35-32-0000j.0-0014.00
Affordability Calculator
$77,800
Estimated monthly payment
$2,070/mo
Principal $311,200 · Est. interest $434,152 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Merritt Island, FL
- $693,237
- Median Listing Price
- 97
- Median Days on Market
- 1,704
- Median Sq Ft
- $472
- Median Price / Sq Ft
- 1,289
- Active Listings
- This home’s price is 44% below the area median.
- Its price per sq ft is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Merritt Island, FL.
Location
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Points of Interest in Merritt Island, FL
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Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 230 Willow Avenue, Merritt Island, FL | $274,999 | 3 | 1 | 1,172 |
| 514 PALM AVENUE, MERRITT ISLAND, FL | $275,000 | 4 | 2 | 1,156 |
| 4235 N Highway A1a 14, Hutchinson Island, FL | $275,000 | 2 | 2 | 1,234 |
| 373 S Tropical Trail, Merritt Island, FL | $275,000 | — | — | — |
| 115 Carib Drive, Merritt Island, FL | $275,000 | 3 | 2 | 1,548 |
| 514 Palm Avenue, Merritt Island, FL | $275,000 | 4 | 2 | 1,156 |
Moving Cost Estimate
EXIT Agents in Merritt Island
Listing Courtesy: Daignault Realty Inc - 3214532151