$470,000
Merritt Island, FL 32953
MLS# 1006381
2323 sqft
1 / 22
Property Description
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!
Details
Maps
Documents
Contract Information
Current Price: $470,000
Original List Price: 499000
List Price: $470,000
Status: Active
Listing Contract Date: 2024-02-29
Property Sub Type: Triplex
Location, Tax, and Legal
Street Number: 347
Street Direction Prefix: W
Street Name: Merritt
Street Suffix: Avenue
Tax Account: 2427084
Parcel Number: 24-36-35-32-0000j.0-0014.00
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 251 - Central Merritt Island
General County Location: Central
Subdivision Name: Merritt Park Place
Elementary School: Mila
Middle School: Jefferson
High School: Merritt Island
Tax Annual Amount: 3302.59
Tax Year: 2023
Tax Legal Description: MERRITT PARK PLACE LOTS 14,15 BLK J
Directions: Take Courtenay Parkway to Merritt Avenue, go West on Merritt Avenue to 345 & 347 W Merritt.
General Property Information
Number Of Buildings: 1
Number Of Units Total: 3
Living Area: 2243
Living Area Source: Public Records
Building Area Total: 2323
New Construction YN: No
Year Built: 1957
Garage YN: No
Carport YN: Yes
Carport Spaces: 1
Parking Total: 4
Lot Size Acres: 0.38
Lot Size Square Feet: 16553
Association YN: No
CDD Fee YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 1
Direction Faces: North
List Price/SqFt: 209.54
Remarks and Miscellaneous
Public Remarks: 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!
Status Change Information
Major Change Timestamp: 2024-04-12T19:17:45Z
Major Change Type: Price Reduced
Price Change Timestamp: 2024-04-12T19:17:45Z
Status Change Timestamp: 2024-02-29
Closing Company Details
Closing Company Name: Title Solutions - Leanne Shufelt
Closing Company Address: 190 S Cpourtenay Parkway
DPR Eligible
DPR Eligible: Yes
Unit 1 Details
Unit ID: 345 A
Actual Rent: 1100
Unit SqFt: 685
Beds Total: 1
Baths Total (Legacy): 1
Furnished: Unfurnished
Unit Remarks: Gas Stove, end unit, large yard
Unit 2 Details
Unit ID: 345B
Actual Rent: 1000
Unit SqFt: 744
Beds Total: 2
Baths Total (Legacy): 1
Furnished: Unfurnished
Unit Remarks: Large unit, extra storage, large yard.
Unit 3 Details
Unit ID: 347
Actual Rent: 650
Unit SqFt: 574
Beds Total: 1
Baths Total (Legacy): 1
Furnished: Unfurnished
Unit Remarks: End Unit, large fenced yard, extra storage room
Property Features
Appliances: Gas Oven; Gas Range; Refrigerator
Association Amenities: RV/Boat Storage
Construction Materials: Block
Cooling: Central Air; Electric; Varies by Unit; Wall/Window Unit(s)
Current Use: Multi-Family
Fencing: Back Yard; Chain Link; Privacy
Flooring: Carpet; Tile; Vinyl
Heating: Central; Varies by Unit
Listing Terms: Cash; Conventional
Lot Features: Many Trees
Parking Features: Additional Parking; Carport; Guest
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
View: Trees/Woods
Water Source: Public
Showing Requirements: Combination Lock Box; Showing Service
Seller's Real Property Information State 
Listing Office: Daignault Realty Inc
Last Updated: April - 17 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of Space Coast MLS as well as Florida Realtors® MLS Advantage Participants and Particpants in the Coast2Coast datashare.