347 W Merritt Avenue Merritt Island, FL $ 470,000
347 W Merritt Avenue
$ 470,000
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347 W Merritt Avenue

Merritt Island, FL, 32953
$ 470,000
Baths0.0 Sq 2,243

Monthly Estimate*

$ 3,124

347 W Merritt Avenue, Merritt Island, FL 32953 - Image 1
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Studio

Multi-Family Home for sale in Merritt Island, FL

for $470,000. This 2,243 square foot home was built in 1957 on a lot size of 0.38.

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!

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Multi-Family Active

Price

$ 470,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,302

Style

Triplex

Lot Size

0.38

Year Built

1957

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1006381

Features
General
Sewer Public Sewer
Heating Central Varies by Unit
Cooling Central Air Electric Varies by Unit Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Gas Oven Gas Range Refrigerator
Construction Materials Block
Year Built 1957
View Trees/Woods
Stories 1
Property SubType Triplex
Tax Year 2023
Current Use Multi-Family
Additional Parcels Description 2427084
County Brevard
New Construction N
Property Type Residential Income
Association Amenities RV/Boat Storage
HOA / Comm Assn N
Attached Garage N
Subdivision Name Merritt Park Place
Facing Direction North
Garage Y/N N
Status Active
Directions Take Courtenay Parkway to Merritt Avenue go West on Merritt Avenue to 345 & 347 W Merritt.
High School Merritt Island
City Merritt Island
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 3
MLS Area 251 - Central Merritt Island
Lot Size Units Acres
Lot Size Square Feet 16553.0
Waterfront Y/N N
Carport Spaces 1.0
Carport Y/N Y
Street Name Merritt
Elementary School Mila
Tax Annual Amount 3302.59
Home Warranty Y/N N
Middle/Junior High School Jefferson
Lease Renewal Y/N N
MLS Area Minor 251 - Central Merritt Island
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1006381
Standard Status Active
Legal Description MERRITT PARK PLACE LOTS 14 15 BLK J
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Interior
Flooring Carpet Tile Vinyl
Furnished Y/N Unfurnished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing Back Yard Chain Link Privacy
Parking Features Additional Parking Carport Guest
Lot Features Many Trees
Water Source Public
Total Parking 4.0
Lot Size Area 0.38
Number of Buildings 1
Spa N
Building Area Total 2323.0
Lot Size Acres 0.38
Road Surface Type Asphalt
Road Frontage Type City Street
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 347
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* Excluded Features
List By
Daignault Realty Inc

Broker

leonmcdaniel@hotmail.com

Email

Affordability Calculator

$3,399
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,124
Monthly Property Taxes
$275
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1362986 Elementary School
1362970 Middle School
Merritt Island High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$470,000 -5.81% Price Down
2/29/2024$499,000 Listed Price

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347 W Merritt Avenue, Merritt Island, FL, 32953 is a Multi-Family Home for sale at $470,000 with 2,243 sqft and a lot size of 0.38. 347 W Merritt Avenue is a studio with 0.0 baths and was built in 1957. The property's zip code is 32953 which is in Merritt Island, FL