$1,735,000
SOLD APR 3, 2015

10200 S Tropical Trail Merritt Island, FL 32952

-- Bed
-- Bath
2,292 Sq Ft
3.35 Acres

Recently Sold

$757 Per Sq Ft

23% Below List Price

93 Days on Market

Highlights

  • 335 Feet of Waterfront
  • 3.35 Acre Lot
  • No HOA
  • Ocean Breeze Elementary School Rated A-
  • Farm
  • Agricultural

About This Home

As of March 2022

SERIOUS SELLER has authorized a fantastic 10% PRICE REDUCTION! Extremely rare 3.35 acre site located well SOUTH OF THE PINEDA CAUSEWAY with deep water on both the Indian River (Intracoastal Waterway) and the Banana River. The land is well over 400' deep, allowing a private homesite set back far from South Tropical Trail, for the ultimate in privacy. 335 feet on the Indian River and 294 feet on the Banana River. The parcel can accommodate three estate sized homesites, allowing your clients to build their own waterfront home and then providing investment return with the sale of two remaining river-to-river lots. It can also quite obviously provide an amazing setting for even the largest of private waterfront homes. The possibilities are numerous. TRUE OLD FLORIDA

Last Agent to Sell the Property

Julia Dreyer

Dreyer & Associates R.E. Grp. License #386132 Listed on: 11/18/2014

Dreyer & Associates R.E. Grp.

Last Buyer's Agent

Julia Dreyer

Dreyer & Associates R.E. Grp. License #386132 Listed on: 11/18/2014

Dreyer & Associates R.E. Grp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,424

Lot Details

  • 3.35 Acre Lot
  • 335 Feet of Waterfront
  • River Front
  • Dirt Road
  • Cleared Lot
  • Many Trees

Schools

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

Farming

  • Farm
  • Agricultural

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • J W Stewarts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-37-34-Dw-00000.0-0003.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,424

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Agricultural, Cleared, Farm, Few Trees, Many Trees, Other
  • Road Surface Type: Dirt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: J W Stewarts
  • Location Tax and Legal Parcel Number2: 26-37-34-Dw-00000.0-0003.01
  • 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: 2424.23
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Lot Size Acres: 3.35
  • General Property Information Lot Size Square Feet2: 160150.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Lot Size Dimensions: 295.0 ft x 125.0 ft
  • General Property Information Water Frontage Feet: 335
  • General Property Information Number Of Lots2: 1.0
  • Road Surface Type Dirt: Yes
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 3.35
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Agricultural: Yes
  • Lot Features:Farm: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: 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: 295.0 ft x 125.0 ft
  • Lot Size Sq Ft: 160150.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-34-Dw-00000.0-0003.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2424.23

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2022
Closed on
Mar 21, 2022
Sold by
Dunfee Brian L and Dunfee Lauren K
Bought by
10200 S Tropical Tr Llc
Seller's Agent
Bea Jaffe
The Jaffe Group
Buyer's Agent
Amanda Gonnella
RE/MAX Alternative Realty
List Price
$3,200,000
Sold Price
$2,850,000
Premium/Discount to List
-$350,000
-10.94%
Current Estimated Value
$2,317,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$532,768
Avg. Annual Appreciation
-6.26%
Original Mortgage
$1,400,000
Outstanding Balance
$588,580
Interest Rate
3.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,696,086

Purchase Details

Closed on
Apr 22, 2016
Sold by
South Tropical Paradise Inc
Bought by
Hirsch Clifford and Hirsch Lesa

Purchase Details

Listed on
Jul 31, 2015
Closed on
Jul 19, 2015
Sold by
Dichristopher Michael A
Bought by
Dunfee Brian L
Seller's Agent
Julia Dreyer
Dreyer & Associates R.E. Grp.
Buyer's Agent
Julia Dreyer
Dreyer & Associates R.E. Grp.
List Price
$1,599,000
Sold Price
$1,442,000
Premium/Discount to List
-$157,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$700,000
Interest Rate
4.04%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,850,000 None Listed On Document
Warranty Deed $835,000 Landmark Title Agency Inc
Warranty Deed $1,400,000 Landmark Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,400,000 Credit Line Revolving
Previous Owner $700,000 No Value Available
Previous Owner $700,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $2,850,000 -10.9% $1,243 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $3,200,000 +121.9% $1,396 / Sq Ft
07/31/2015 07/31/15 Sold $1,442,000 -9.8% $629 / Sq Ft
07/26/2015 07/26/15 Pending -- -- --
07/26/2015 07/26/15 For Sale $1,599,000 -7.8% $698 / Sq Ft
04/03/2015 04/03/15 Sold $1,735,000 -22.9% $757 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $2,250,000 -- $982 / Sq Ft
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
2023 $18,555 $1,533,250 $1,533,250 $0
2022 $16,096 $1,423,600 $0 $0
2021 $15,582 $1,222,580 $1,222,580 $0
2020 $15,206 $1,162,280 $1,162,280 $0
2019 $15,707 $1,162,280 $1,162,280 $0
2018 $16,166 $1,162,280 $1,162,280 $0
2017 $17,656 $1,211,850 $1,162,280 $49,570
2016 $16,496 $1,049,510 $1,002,340 $47,170
2015 $14,282 $864,360 $821,740 $42,620
2014 $2,420 $157,170 $1,280 $155,890
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 711441

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-34-DW-00000.0-0003.01