$2,495,000
$200K PRICE DROP

10060* S Tropical Way Merritt Island, FL 32952

Estimated payment $15,077/month

Total Views 4,517
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 185 Feet of Waterfront
  • River View
  • No HOA
  • Guest House
  • 2.24 Acre Lot

About This Home

Welcome to South Tropical Trail on the southern tip of Merritt Island where lush vegetation meets the beautiful Banana River. Ready to build your dream home on this 2.24 acres?...And want a place to stay to watch the build?...Perfect, because there's a guest-garage-apartment already in-place. Dream waterfront views - house location is cleared - gentle slope to the river - ability to a dock on Indian River and Banana River - garage apartment in place. Come live on a waterfront estate lot where nature becomes your new normal and the night sky puts you to bed...except the nights you stay up for the amazing night space launches.

Listing Agent

Gibbs Baum

One Sotheby's International License #3247254

One Sotheby's International

Co-Listing Agent

Gregory Zimmerman

One Sotheby's International License #3364053

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,824

Lot Details

  • 2.24 Acre Lot
  • Lot Dimensions are 480x185
  • 185 Feet of Waterfront
  • Home fronts navigable water
  • River Front
  • Property fronts a state road
  • Flag Lot
  • Cleared Lot
  • Few Trees

Home Design

  • Asphalt

Schools

  • Ocean Breeze Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Septic Tank
  • Cable TV Available

Additional Features

  • River Views
  • Water Access
  • Guest House

Community Details

  • No Home Owners Association
  • Stewarts Homestead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-37-33-Dw-*-7
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,824

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Few Trees, Flag Lot
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt, Paved
  • Reso View: River, Water
  • Water Body Name: Banana River
  • Co List Office Mls Id: spc.ozosi
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Stewarts Homestead
  • Reso Other Structures: Guest House
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 2.24
  • Waterfront Features: Navigable Water, River Front
  • Waterfront: Yes
  • Lot Features:Few Trees: Yes
  • View:River: Yes
  • Lot Features:Flag Lot: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:River Front: Yes
  • Waterfront Features:Navigable Water: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Dimensions: 480x185
  • Lot Size Sq Ft: 97574.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-33-Dw-*-7
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13824.27

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Price Changed $2,495,000 -7.4% --
01/02/2025 01/02/25 For Sale $2,695,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Similar Home in Merritt Island, FL

  • 10060 S Tropical Trail, Merritt Island, FL 32952

    $2,495,000

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • 10060 S Tropical Trail
    • Merritt Island, FL

    Welcome to South Tropical Trail on the southern tip of Merritt Island where lush vegetation meets the beautiful Banana River. Ready to build your dream home on this 2.24 acres?...And want a place to stay to watch the build?...Perfect, because there's a guest-garage-apartment already in-place. Dream waterfront views - house location is cleared - gentle slope to the river - ability to a dock on

    Gibbs Baum One Sotheby's International

    Section Image
See All Homes in Merritt Island

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1032987

Space Coast MLS (Space Coast Association of REALTORS®)

Florida Brevard County Merritt Island 32952

10060* S Tropical Way, Merritt Island, FL

Homes for Sale in Merritt Island, FL

This home is located at 10060* S Tropical Way, Merritt Island, FL 32952 and is currently priced at $2,495,000. 10060* S Tropical Way is a home located in Brevard County with nearby schools including Tropical Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Gibbs Baum
Listing Agent
Gibbs Baum
Section Image
One Sotheby's International
(321) 291-2553