NOT LISTED FOR SALE

260 E Merritt Island Causeway Merritt Island, FL 32952

Estimated Value: $6,867,367

-- Bed
-- Bath
301,870 Sq Ft
$23/Sq Ft Est. Value

About This Home

This home is located at 260 E Merritt Island Causeway, Merritt Island, FL 32952 and is currently estimated at $6,867,367, approximately $22 per square foot. 260 E Merritt Island Causeway is a home located in Brevard County with nearby schools including Mila Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2019
Sold by
Americaan Hotel Group Llc
Bought by
Jay Sriambe Llc
Current Estimated Value
$6,867,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,850,000
Outstanding Balance
$3,227,318
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$3,640,049

Purchase Details

Closed on
Nov 16, 2004
Sold by
Raj & Raj Partnership
Bought by
American Hotel Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,040,000
Interest Rate
5.66%
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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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
Jay Sriambe Llc $4,500,000 Attorney
American Hotel Group Llc $3,800,000 American Pioneer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jay Sriambe Llc $3,850,000
Previous Owner American Hotel Group Llc $200,000
Previous Owner American Hotel Group Llc $1,200,000
Previous Owner American Hotel Group Llc $3,040,000
Previous Owner Raj & Raj Ptnr L L P $2,200,000
Source: Public Records

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 $62,008 $4,512,750 -- --
2023 $62,008 $3,884,670 $1,147,390 $2,737,280
2022 $57,062 $3,645,750 $0 $0
2021 $57,645 $3,389,670 $1,147,390 $2,242,280
2020 $62,631 $3,766,300 $1,147,390 $2,618,910
2019 $58,389 $3,596,790 $1,147,390 $2,449,400
2018 $53,672 $3,006,500 $1,147,390 $1,859,110
2017 $50,469 $2,600,000 $0 $2,600,000
2016 $49,227 $2,400,000 $0 $0
2015 $48,240 $2,280,000 $832,400 $1,447,600
2014 $46,134 $2,111,000 $832,400 $1,278,600
Source: Public Records

Map

Florida Brevard County Merritt Island 32952

260 E Merritt Island Causeway, Merritt Island, FL

This home is located at 260 E Merritt Island Causeway, Merritt Island, FL 32952 and is currently estimated at $6,867,367, approximately $22 per square foot. 260 E Merritt Island Causeway is a home located in Brevard County with nearby schools including Mila Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

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