NOT LISTED FOR SALE

10060 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $2,238,000 - $2,487,000

3 Beds
2 Baths
-- Sq Ft
2.24 Acres

Last Sold November 05, 2021

Last sale price $1,200,000

Est. 98% increase in value since last sale

Current estimated payment $13,817/month

Highlights

  • 200 Feet of Waterfront
  • 2.24 Acre Lot
  • Many Trees
  • Ocean Breeze Elementary School Rated A-
  • No HOA

About This Home

As of November 2021

Perfect opportunity to have a 2.24 acre estate size lot on South Tropical Trail in Merritt Island. The property is cleared and ready for build with a gentle slope to the guest quarters and dock already in place. The shoreline meanders with approx 300 feet of shore. To be clear, the lot has a width of approx 200 feet but the shoreline drifts in and out adding 100 feet of shore. A peaceful life on the river awaits. Life is short, build the river house!

Last Agent to Sell the Property

Gibbs Baum

One Sotheby's International License #3247254 Listed on: 10/06/2021

One Sotheby's International

Last Buyer's Agent

Gibbs Baum

One Sotheby's International License #3247254 Listed on: 10/06/2021

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,399

Lot Details

  • 2.24 Acre Lot
  • 200 Feet of Waterfront
  • River Front
  • Flag Lot
  • Cleared Lot
  • Many Trees

Schools

  • Ocean Breeze Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Stewarts Homestead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-37-33-Dw-00000.0-0007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,399

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Few Trees, Flag Lot, Many Trees
  • Road Surface Type: Paved
  • Co List Office Mls Id: spc.ozosi
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Stewarts Homestead
  • Location Tax and Legal Parcel Number2: 26-37-33-Dw-00000.0-0007.00
  • Location Tax and Legal Elementary School: Ocean Breeze
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 9398.76
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 2.24
  • General Property Information Lot Size Square Feet2: 97574.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Lot Size Dimensions: flag lot
  • General Property Information Water Frontage Feet: 200
  • General Property Information Number Of Lots2: 1.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 2.24
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Flag Lot: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: flag lot
  • Lot Size Sq Ft: 97574.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-33-Dw-00000.0-0007.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9398.76

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 5, 2021
Sold by
Reliable Realestate Investments
Bought by
Boozer Otto S and Otto S Boozer Revocable Trust
Seller's Agent
Gibbs Baum
One Sotheby's International
Buyer's Agent
Gibbs Baum
One Sotheby's International
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Current Estimated Value
$2,377,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,177,165
Avg. Annual Appreciation
20.05%

Purchase Details

Closed on
Nov 16, 2018
Sold by
Hynes Properties Llc
Bought by
Reliable Realestate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 18, 2000
Sold by
Dodson Venous E and Dodson Paula J
Bought by
Hynes Prop L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.96%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boozer Otto S $1,200,000 State Title Partners Llp
Reliable Realestate Investments Llc $850,000 Attorney
Hynes Prop L L C $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reliable Realestate Investments Llc $900,000
Previous Owner Hynes Prop L L C $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $1,200,000 -14.3% --
10/06/2021 10/06/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $1,400,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

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
2024 $13,824 $1,215,490 -- --
2023 $13,824 $1,119,130 $953,250 $165,880
2022 $12,032 $1,001,500 $0 $0
2021 $9,949 $752,470 $711,670 $40,800
2020 $9,399 $692,340 $651,170 $41,170
2019 $9,996 $693,630 $651,170 $42,460
2018 $11,011 $802,100 $651,170 $150,930
2017 $10,789 $776,150 $646,150 $130,000
2016 $10,944 $796,160 $686,980 $109,180
2015 $8,108 $508,640 $408,650 $99,990
2014 $8,097 $498,490 $408,650 $89,840
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 917592

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-33-DW-00000.0-0007.00