$190,000
SOLD NOV 1, 2024

225 S Tropical Trail Unit 107 Merritt Island, FL 32952

2 Beds
2 Baths
1,158 Sq Ft
$589/mo HOA Fee

Recently Sold

$164 Per Sq Ft

10% Below List Price

54 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Open Floorplan
  • Fitness Center
  • Gated Parking
  • Clubhouse

About This Home

As of November 2024

LOCATED ONLY 15 MINUTES TO COCOA BEACH, welcome to the RIVERFRONT, RESORT-STYLE, AND GATED COMMUNITY of Sunset Bay. This unit boasts the LARGEST FLOOR PLAN THAT THE COMMUNITY OFFERS and is ONE OF FEW THAT IS MOVE-IN READY. The seller has upgraded the unit, making it sleek, modern, clean, and well-maintained. With a BRAND NEW HVAC, WALK IN CLOSET, TASTEFULLY UPGRADED KITCHEN AND BATHROOMS and NEW APPLIANCES, this unit is a standout.
Community features include EXTRA STORAGE for kayaks, breathtaking views of the Indian River, a jacuzzi spa, and a community pool with RIVER WALK, boat dock, barbecue area, tennis courts, basketball courts, exercise room, and clubhouse. This GATED community offers spectacular views of the INDIAN RIVER that can be enjoyed from the community jacuzzi as well as the resort-style pool. Lush and tropical landscaping throughout the community makes you feel like you are on an extended vacation. This community offers it all, and this is the best unit on the market!

Last Agent to Sell the Property

Sarah Rekab

Blue Marlin Real Estate License #3476696 Listed on: 07/31/2024

Blue Marlin Real Estate

Last Buyer's Agent

Rachel Hydorn

EXP Realty LLC License #3334510

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,417

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • West Facing Home
  • Many Trees

HOA Fees

  • $589 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,158 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Vinyl Flooring
  • Security Gate

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Gated Parking
  • Guest Parking
  • Parking Lot

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Gazebo

Schools

  • Tropical Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-00-00503.G-0000.00

Community Details

Overview

  • Association fees include pest control, trash
  • Sunset Bay HOA
  • Sunset Bay A Condominium Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,417

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$589 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Many Trees
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Barbecue, Basketball Court, Boat Dock, Car Wash Area, Clubhouse, Fitness Center, Jogging Path, Maintenance Grounds, Management - Full Time, Spa/Hot Tub, Storage, Tennis Court(s), Water
  • Reso Association Fee Includes: Pest Control, Trash
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunset Bay A Condominium
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Gazebo, Tennis Court(s)
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • Location Tax and Legal Parcel Number2: 24-36-35-00-00503.G-0000.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 2416.64
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1158.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • General Property Information Stories Total: 2
  • Flooring Vinyl: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Other Structures Gazebo: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Spa Features Heated2: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Stories2: 1
  • Other Structures Tennis Court(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Walk-In Closet(s)
  • Flooring: Vinyl
  • Spa Features: Community, Heated, In Ground
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Laundry Features:In Unit: Yes
  • Spa Features:Community2: Yes

Exterior Features

  • Pool Features: In Ground
  • Roof: Shingle
  • Acres: 0.06
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: West
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Many Trees: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gated, Guest, Parking Lot
  • General Property Information:Garage YN: No
  • Parking Features:Guest: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Gated: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 589.0
  • Association Fee Frequency: Monthly
  • Association Name: SUNSET BAY HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: SUNSET BAY HOA
  • General Property Information:Association Fee: 589.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Storage: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential
  • Land Lease: No
  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2461217
  • Parcel #: 24-36-35-00-00503.G-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2416.64

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Nov 1, 2024
Sold by
Vegger Andrey and Vegger Viktoria
Bought by
Regenerative Biologics Usa Llc
Seller's Agent
Sarah Rekab
Blue Marlin Real Estate
Buyer's Agent
Rachel Hydorn
EXP Realty LLC
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$152,000
Outstanding Balance
$141,021
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Estimated Equity
$51,983

Purchase Details

Closed on
Aug 5, 2021
Sold by
Nuview Trust Co
Bought by
Vegger Andrey and Vegger Viktoria

Purchase Details

Closed on
May 20, 2019
Sold by
Hartzell Dale A
Bought by
Nuview Trust Company

Purchase Details

Closed on
Oct 26, 2012
Sold by
Sunset Bay Cocoa Llc
Bought by
Indian River Group Llc
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 $190,000 Mangrove Title
Warranty Deed $140,000 Dockside Title Llc
Warranty Deed $98,000 Island T&E Agcy Inc
Special Warranty Deed $520,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $2,100 -4.5% $2 / Sq Ft
05/31/2025 05/31/25 For Rent $2,200 0.0% --
11/01/2024 11/01/24 Sold $190,000 -9.5% $164 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $210,000 -- $181 / 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 $2,417 $161,880 $0 $161,880
2022 $2,165 $147,600 $0 $0
2021 $1,803 $107,070 $0 $107,070
2020 $1,667 $97,710 $0 $97,710
2019 $1,627 $94,870 $0 $94,870
2018 $1,396 $90,520 $0 $90,520
2017 $1,260 $71,410 $0 $71,410
2016 $1,179 $60,320 $0 $0
2015 $1,238 $48,860 $0 $0
2014 $1,034 $44,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1020991

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-00-00503.G-0000.00