1605 N Tropical Trail Merritt Island, FL 32953
Estimated payment $12,984/month
Total Views
2,565
6
Beds
3
Baths
2,648
Sq Ft
$850
Price per Sq Ft
Highlights
- 291 Feet of Waterfront
- River Access
- Home fronts a lagoon or estuary
- Guest House
- Intracoastal View
- 7.66 Acre Lot
About This Home
Once-in-a-Lifetime WATERFRONT Opportunity: 7.66 Acres with 291 Feet of Riverfront- with 2 existing homes.
ALL OFFERS ENCOURAGED!
Rarely does a property of this caliber come to market. This stunning 7.66-acre estate offers an extraordinary opportunity for those seeking unrivaled waterfront living, investment potential, or development possibilities. Boasting approximately 5.51 acres of direct riverfront with 291 feet of pristine water frontage, this is a true gem with limitless potential.
This property has the potential to be divided into three separate parcels—two prime waterfront properties, which include existing homes, and one additional vacant lot directly across the street, zoned for either single-family or multi-family with the ability to build up to 8 units. Whether you're looking to develop or create your own private oasis, the possibilities are endless.
There is space to expand, add a pool, create dedicated RV/boat storage, build sheds, and more. The waterfront views are nothing short of spectacular, with plenty of room to build a dock and enjoy boating, fishing, or simply relaxing by the river. The property includes a thriving palm tree nursery which allows for possible property tax exemptions.
The smaller of the two houses is move-in ready with some repairs needed. The main house, while in need of refurbishment, provides a blank canvas for a buyer to infuse their personal touch and elevate the property to its full potential. With the zoning allowing for one single-family home and an additional house on each of the waterfront properties, the buyer can easily envision a multi-generational compound or income-generating properties.
Located just minutes from the beaches of Cocoa Beach and Cape Canaveral, this prime estate is ideally positioned for both leisure and convenience. Explore the Space Center, Disney World, and enjoy easy access to Orlando and Melbourne International airports and more.
This is truly a once-in-a-lifetime opportunity to acquire a remarkable property that offers unparalleled space, waterfront access, and endless possibilities. Don't miss out! Schedule a private tour today and let your imagination run wild with the potential of this incredible estate.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,104
Year Built
- Built in 1901
Lot Details
- 7.66 Acre Lot
- Home fronts a lagoon or estuary
- 291 Feet of Waterfront
- Home fronts navigable water
- Property fronts an intracoastal waterway
- River Front
- South Facing Home
- Many Trees
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Parking
- 2 Car Garage
Property Views
- Intracoastal
- River
- Woods
Home Design
- Fixer Upper
- Frame Construction
- Shingle Roof
- Metal Roof
- Wood Siding
Interior Spaces
- 2,648 Sq Ft Home
- 2-Story Property
- Gas Range
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- River Access
- Balcony
- Wrap Around Porch
Additional Homes
- Guest House
Schools
- Mila Elementary School
- Jefferson Middle School
- Merritt Island High School
Utilities
- No Cooling
- No Heating
- Propane
- Well
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 24-36-22-00-00007.0-0000.00
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $5,072 | $407,680 | $0 | $0 |
| 2022 | $4,740 | $395,850 | $0 | $0 |
| 2021 | $5,014 | $385,210 | $0 | $0 |
| 2020 | $5,017 | $379,860 | $0 | $0 |
| 2019 | $5,248 | $389,980 | $0 | $0 |
| 2018 | $3,127 | $232,130 | $0 | $0 |
| 2017 | $3,148 | $225,060 | $0 | $0 |
| 2016 | $3,198 | $220,020 | $181,020 | $39,000 |
| 2015 | $2,920 | $217,980 | $5,010 | $212,970 |
| 2014 | $3,303 | $215,800 | $5,010 | $210,790 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2025 04/05/25 | Price Changed | $2,250,000 | -10.0% | $850 / Sq Ft |
| 03/22/2025 03/22/25 | For Sale | $2,500,000 | -- | $944 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $79,500 | None Listed On Document | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | No Value Available |
Source: Public Records
Similar Homes in Merritt Island, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1040888
APN: 24-36-22-00-00007.0-0000.00
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