$424,900
$70K PRICE DROP

277 Mcleod St Merritt Island, FL 32953

Estimated payment $2,736/month

Total Views 11,105
2 Beds
3 Baths
1,348 Sq Ft
$315 Price per Sq Ft

Highlights

  • The property is located in a historic district
  • No HOA
  • East Facing Home
  • 1 Fireplace
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

Seize the chance to own a fully renovated bungalow in the heart of Merritt Island's historic Merritt Park Place, including charm and curb appeal! This 1,348 sq ft property has been updated from top to bottom, including new flooring and refreshed bathrooms (one full and two half baths). The current layout features two distinct office spaces, each with its own private, paved entrance—perfect for a professional seeking a dual-purpose space or rental income potential. Situated on a generous .29-acre lot, it offers ample parking and room to expand. The durable aluminum roof and landscaped backyard add even more appeal featuring 3 Tiki Huts. Let your imagine run wild with the possibilities including a third income stream from this area. Or converting it back into a residential home. Ideally located close to local shops, popular dining spots, and just a short drive to Merritt Island's scenic waterfront, this unique opportunity in a highly sought-after area.

Listing Agent

Keith Krodel

Reef Realty Florida LLC License #3423696

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,368

Year Built

  • Built in 1925

Lot Details

  • 0.29 Acre Lot
  • East Facing Home
  • Back Yard Fenced

Parking

  • Additional Parking

Home Design

  • Frame Construction
  • Metal Roof
  • Asphalt

Interior Spaces

  • 1,348 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • The property is located in a historic district

Schools

  • Mila Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Merritt Park Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-32-0000l.0-0011.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,368

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Historic Area
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Merritt Park Place
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Metal
  • Fencing: Back Yard
  • Acres: 0.29
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: East
  • Construction Materials:Frame: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2427112
  • Parcel #: 24-36-35-32-0000l.0-0011.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4368.04

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,456 $310,000 $87,500 $222,500
2022 $2,665 $171,530 $0 $0
2021 $2,915 $176,820 $87,500 $89,320
2020 $2,817 $171,630 $87,500 $84,130
2019 $2,958 $180,050 $87,500 $92,550
2018 $2,839 $170,760 $87,500 $83,260
2017 $2,630 $144,000 $0 $144,000
2016 $2,703 $142,000 $0 $0
2015 $1,853 $84,000 $62,500 $21,500
2014 $1,829 $81,000 $62,500 $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Price Changed $424,900 -5.5% $315 / Sq Ft
03/24/2025 03/24/25 Price Changed $449,500 -0.1% $333 / Sq Ft
03/11/2025 03/11/25 Price Changed $449,900 -9.1% $334 / Sq Ft
01/18/2025 01/18/25 For Sale $495,000 -- $367 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $185,000 Fidelity Natl Title Fl Inc
Warranty Deed -- None Available
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $114,328 Commercial
Previous Owner $125,000 No Value Available
Source: Public Records

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

MLS Number: 1034686

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-32-0000L.0-0011.00