$1,400,000
Merritt Island, FL 32952
MLS# 1086360
3 beds | 3 baths | 2686 sqft

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Property Description
Opportunities like this rarely come available along the highly desirable S. Tropical Trail corridor. Located on the beautiful Merritt Island peninsula, this property offers the chance to own a truly special piece of waterfront-area real estate surrounded by the Banana River to the east and Indian River to the west. The existing home will require significant renovation or reconstruction, but the value here is in the homesite and its incredible potential. The current residence offers 2,088 heated square feet and 2,686 square feet of total building area, along with an in-ground pool and boat house in the backyard that will also need to be refurbished. For the right buyer, this is an opportunity to reimagine the property and create something bigger, better, and uniquely your own. Whether you're envisioning a custom coastal retreat, a modern estate, or a home designed for generations to come, this homesite provides a rare canvas to bring that vision to life.
Details
Maps
Contract Information
Start Showing Date: 2026-08-31
Comp Sale YN: No
Current Price: $1,400,000
Original List Price: 1400000
List Price: $1,400,000
Status: Active
Listing Contract Date: 2026-08-31
Property Sub Type: Single Family Residence
Currently Not Used
Homestead YN: Yes
Location, Tax, and Legal
Tax Account: 2712548
Parcel Number: 27-37-10-02-00000.0-0008.00
General County Location: South
Elementary School: Ocean Breeze
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 4889.28
Tax Year: 2025
Tax Legal Description: PARADISE POINT NO 4 LOT 8 EX DB 336 PG 11
Zoning Description: Residential
Directions: From Banana River Dr, go over Mathers bridge, veer right, and the house is the first one on the right
General Property Information
Bathrooms Half: 1
Living Area: 2088
Living Area Source: Owner
Building Area Total: 2686
Lot Size Acres: 0.35
Lot Size Square Feet: 15246
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Waterfront YN: Yes
Water Body Name: Banana River
Water Frontage Feet: 124
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Furnished: Unfurnished
Stories: 1
Direction Faces: Southwest
Pool Private YN: Yes
List Price/SqFt: 670.5
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 2
Year Built: 1949
Remarks and Miscellaneous
Public Remarks: Opportunities like this rarely come available along the highly desirable S. Tropical Trail corridor. Located on the beautiful Merritt Island peninsula, this property offers the chance to own a truly special piece of waterfront-area real estate surrounded by the Banana River to the east and Indian River to the west.
The existing home will require significant renovation or reconstruction, but the value here is in the homesite and its incredible potential. The current residence offers 2,088 heated square feet and 2,686 square feet of total building area, along with an in-ground pool and boat house in the backyard that will also need to be refurbished.
For the right buyer, this is an opportunity to reimagine the property and create something bigger, better, and uniquely your own. Whether you're envisioning a custom coastal retreat, a modern estate, or a home designed for generations to come, this homesite provides a rare canvas to bring that vision to life.
Appliances
Dryer: 1
Electric Oven: 1
Electric Range: 1
Solar Hot Water: 1
Washer: 1
Water Softener Owned: 1
Other: 1
Architectural Style
Ranch: 1
Construction Materials
Block: 1
Cooling
Central Air: 1
Current Use
Residential: 1
DPR Eligible
DPR Eligible: No
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Interior Features
Ceiling Fan(s): 1
Split Bedrooms: 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Washer Hookup: 1
Legal Details
Permission Granted to Advertise: Yes
Listing Terms
Cash: 1
Other: 1
Lot Features
Many Trees: 1
Other Structures
Boat House: 1
Parking Features
Additional Parking: 1
Circular Driveway: 1
Garage: 1
Pets Allowed
Yes: 1
Pool Features
In Ground: 1
Possession
Close Of Escrow: 1
Water Body Access Type
Owned: 1
Road Frontage Type
County Road: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Water Connected: 1
Other: 1
View
River: 1
Water: 1
Water Source
Public: 1
Waterfront Features
River Front: 1
Showing Requirements
Appointment Only: 1
Lockbox: 1
Property Condition
Fixer: 1
Room Types
Bathroom 3: 1
Bathroom 3 Level: Main
Bedroom 2: 1
Bedroom 2 Level: Main
Dining Room: 1
Dining Room Level: Main
Family Room: 1
Family Room Level: Main
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Primary Bedroom: 1
Primary Bedroom Level: Main
Location Tax and Legal
Street Number: 11470
Street Direction Prefix: S
Street Name: Tropical
Street Suffix: Trail
County: Brevard
State: FL
Postal Code: 32952
MLS Area Major: 253 - S Merritt Island
Subdivision Name: Paradise Point No 4
Status Change Information
Major Change Timestamp: 2026-08-31T17:22:09Z
Major Change Type: New Listing
Status Change Timestamp: 2026-08-31
Property Features
Appliances: Dryer; Electric Oven; Electric Range; Solar Hot Water; Washer; Water Softener Owned; Other
Architectural Style: Ranch
Construction Materials: Block
Cooling: Central Air
Current Use: Residential
Flooring: Carpet; Tile
Heating: Central
Interior Features: Ceiling Fan(s); Split Bedrooms
Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup
Listing Terms: Cash; Other
Lot Features: Many Trees
Other Structures: Boat House
Parking Features: Additional Parking; Circular Driveway; Garage
Pets Allowed: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Water Body Access Type: Owned
Property Condition: Fixer
Road Frontage Type: County Road
Road Surface Type: Paved
Roof: Shingle
Sewer: Septic Tank
Showing Requirements: Appointment Only; Lockbox
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Water Connected; Other
View: River; Water
Water Source: Public
Waterfront Features: River Front
Room Types: Bathroom 3; Bedroom 2; Dining Room; Family Room; Kitchen; Living Room; Primary Bedroom
Room Information
| Room Name | Level | Length | Width |
| Living Room | Main | 17.50 | 12.50 |
| Dining Room | Main | 13.50 | 11.00 |
| Family Room | Main | 13.50 | 11.00 |
| Primary Bedroom | Main | 23.00 | 18.50 |
| Bedroom 2 | Main | 14.00 | 16.00 |
| Bathroom 3 | Main | 13.50 | 10.00 |
| Kitchen | Main | 13.50 | 9.50 |
Listing Office: Keller Williams St Pete
Last Updated: September - 01 - 2026
Information is deemed to be reliable, but is not guaranteed.
