$179,900

225 S Tropical Trail Unit 423 Merritt Island, FL 32952

Estimated payment $1,477/month

Total Views 592
1 Bed
1 Bath
708 Sq Ft
$254 Price per Sq Ft

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Fishing
  • Tropical Elementary School Rated 9+
  • In Ground Spa
  • Gated Community

About This Home

Owner Financing Available!! Save on mortgage rate & closing costs!! 10% down. 6% interest. Term of loan negotiable! RENOVATED!! New luxury vinyl plank floors! Fresh interior paint! Updated kitchen with new cabinets, new kitchen appliances, new counter tops! Gated South Merritt Island Sunset Bay condo complex! Third floor one bedroom one bath. Open floor plan - living room/dining room area, balcony-sunroom, kitchen, inside laundry room with full size washer and dryer, full bathroom, bedroom and walk-in closet. River views from living room, sunroom area and bedroom! Community amenities include fabulous pool area overlooking the Indian River. Amenities include spa/hot tub, gym, riverwalk, dock, carwash area, tennis courts, and clubhouse! Unit is also listed for rent. MLS# 1056718

Listing Agent

Kim McNear

Tropical Realty & Inv. of Brev License #640940 Listed on: 09/09/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,997

Year Built

  • Built in 1986

Lot Details

  • Property fronts an intracoastal waterway
  • West Facing Home
  • Wooded Lot
  • Many Trees

HOA Fees

  • $361 Monthly HOA Fees

Property Views

  • Intracoastal
  • River
  • Woods

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt

Interior Spaces

  • 708 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Security Gate

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • In Ground Spa
  • Balcony
  • Enclosed Glass Porch

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 24-36-35-00-00506.N-0000.00

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, trash
  • Sunset Bay * Sharon Freeman Association, Phone Number (321) 298-1181
  • Sunset Bay A Condominium Subdivision
  • Maintained Community
  • Car Wash Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • 2 Pets Allowed
  • Dogs and Cats Allowed

Additional Features

  • Community Barbecue Grill
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,997

Year Built

Built in 1986

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Washer Hookup
  • ResoLotFeatures: Many Trees, Wooded
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: River, Trees/Woods, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Barbecue, Basketball Court, Car Wash Area, Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Management - Part Time, Pool, Spa/Hot Tub, Tennis Court(s), Trash, Management - On Site
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Trash
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunset Bay A Condominium
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Location Tax and Legal Parcel Number2: 24-36-35-00-00506.N-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: 1997.09
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 708.0
  • 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: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 3
  • General Property Information Association Phone: 321-298-1181
  • Utilities Sewer Available: Yes
  • View TreesWoods: Yes
  • Flooring Vinyl: Yes
  • Pets Allowed Dogs OK: Yes
  • View Intracoastal: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Architectural Style Contemporary: Yes
  • Waterfront Features Intracoastal2: Yes
  • General Property Information:Pool Private YN: No
  • Community Features Gated4: Yes
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Carpet, Vinyl
  • Spa Features: Community, In Ground
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 3
  • 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
  • Community Features:Street Lights: Yes
  • Community Features:Fishing: Yes
  • Community Features:Sidewalks: Yes

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Acres: 0.06
  • Pool Private: No
  • Waterfront Features: Intracoastal
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: West
  • Patio And Porch Features: Glass Enclosed, Porch, Rear Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Balcony: Yes
  • View:River: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Glass Enclosed: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 361.01
  • Association Fee Frequency: Monthly
  • Association Name: Sunset Bay * Sharon Freeman
  • Phone: 321-298-1181
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Sunset Bay * Sharon Freeman
  • General Property Information:Association Fee: 361.01
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Amenities:Gated2: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: 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: 2461305
  • Parcel #: 24-36-35-00-00506.N-0000.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1997.09

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,997 $153,740 -- --
2023 $1,997 $163,630 $0 $0
2022 $1,738 $147,090 $0 $0
2021 $1,541 $103,450 $0 $103,450
2020 $1,304 $73,820 $0 $73,820
2019 $1,264 $71,670 $0 $71,670
2018 $1,378 $89,900 $0 $89,900
2017 $1,217 $66,950 $0 $66,950
2016 $1,138 $56,550 $0 $0
2015 $1,115 $52,880 $0 $0
2014 $793 $31,050 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $179,900 0.0% $254 / Sq Ft
09/09/2025 09/09/25 For Rent $1,425 +11.8% --
06/18/2024 06/18/24 Rented $1,275 0.0% --
06/14/2024 06/14/24 Under Contract -- -- --
06/11/2024 06/11/24 For Rent $1,275 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Special Warranty Deed $58,000 Premium Title Services Inc
Trustee Deed -- None Available
Special Warranty Deed $227,900 Gateway Title Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $205,100 Purchase Money Mortgage
Source: Public Records

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

MLS Number: 1056722

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-00-00506.N-0000.00