$433,000
$66K PRICE DROP

347 W Merritt Ave Merritt Island, FL 32953

Estimated payment $2,688/month

Total Views 1,412
-- Bed
-- Bath
2,243 Sq Ft
$193 Price per Sq Ft

Highlights

  • RV or Boat Storage in Community
  • No HOA
  • Tile Flooring
  • View of Trees or Woods
  • Cooling System Mounted To A Wall/Window
  • Guest Parking

About This Home

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!

Listing Agent

Leon McDaniel

Daignault Realty Inc License #320846

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,303

Year Built

  • Built in 1957

Lot Details

  • 0.38 Acre Lot
  • North Facing Home
  • Privacy Fence
  • Back Yard Fenced
  • Chain Link Fence
  • Many Trees

Home Design

  • Triplex
  • Shingle Roof
  • Block Exterior
  • Asphalt

Interior Spaces

  • 2,243 Sq Ft Home
  • 1-Story Property
  • Views of Woods

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 1 Carport Space
  • Guest Parking
  • Additional Parking

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-32-0000j.0-0014.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Merritt Park Place Subdivision

Recreation

  • RV or Boat Storage in Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,303

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Many Trees
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • Reso Association Amenities: RV/Boat Storage
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Merritt Park Place
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Gas Range: Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link, Privacy
  • Acres: 0.38
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Lot Features:Many Trees: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Carport, Guest
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Guest: Yes
  • General Property Information:Parking Total: 4.0

Utilities

  • Cooling: Central Air, Electric, Varies by Unit, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Varies by Unit
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Varies by Unit2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:RVBoat Storage: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 16553.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2427084
  • Parcel #: 24-36-35-32-0000j.0-0014.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3302.59

Multi Family

  • Number Of Units Total: 3

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

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $433,000 -1.1% $193 / Sq Ft
04/01/2025 04/01/25 For Sale $438,000 0.0% $195 / Sq Ft
03/31/2025 03/31/25 Off Market $438,000 -- --
02/07/2025 02/07/25 Price Changed $438,000 -2.7% $195 / Sq Ft
09/10/2024 09/10/24 Price Changed $450,000 -4.3% $201 / Sq Ft
04/12/2024 04/12/24 Price Changed $470,000 -5.8% $210 / Sq Ft
02/29/2024 02/29/24 For Sale $499,000 -- $222 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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

MLS Number: 1006381

Space Coast MLS (Space Coast Association of REALTORS®)