$449,500
$76K PRICE DROP

343 N Tropical Trail Unit 306 Merritt Island, FL 32953

Estimated payment $3,433/month

Total Views 5,004
2 Beds
2 Baths
1,423 Sq Ft
$316 Price per Sq Ft

Highlights

  • Boat Dock
  • River Front
  • Open Floorplan
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

Waterfront Luxury Living in Island Cove with Rare 2-Car Garage and Seller Financing Available

Enjoy resort-style living in the gated waterfront community of Island Cove in Merritt Island. This home features a spacious 2-car garage, an open-concept floor plan, and breathtaking views of the Indian River.

Community amenities include free cable and high-speed internet, a resort-style pool and spa, a fully equipped fitness center with sauna, a community clubhouse, and private dock access—perfect for boating, fishing, and sunset watching. Lawn care and exterior maintenance are included, along with gated entry and pet-friendly policies.

The attached 2-car garage offers valuable convenience and extra space for storage or a workshop.

Seller will consider financing options for qualified buyers, providing flexibility and opportunity in a highly desirable location.

Experience peaceful waterfront living with all the extras. Schedule your showing today.

Listing Agent

Andres Zapata

Watson Land And Homes LLC License #3412412 Listed on: 08/14/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 1990

Lot Details

  • River Front
  • West Facing Home

HOA Fees

  • $630 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,423 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furniture Can Be Negotiated
  • Ceiling Fan
  • Entrance Foyer
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-26-00-00511.W-0000.00

Community Details

Overview

  • Association fees include cable TV, internet, ground maintenance
  • Island Cove Condominium Association, Inc Association
  • Island Cove Condo Ph 1 Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Secure Lobby

Recreation

  • Boat Dock
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Dogs and Cats Allowed

Security

  • Secure Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,856

Year Built

Built in 1990

Lot Details

0

HOA Fees

$630 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security Gate, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Barbecue, Boat Dock, Clubhouse, Elevator(s), Fitness Center, Gated, Playground, Pool, Sauna, Spa/Hot Tub
  • Reso Association Fee Includes: Cable TV, Internet, Maintenance Grounds
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Cove Condo Ph 1
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Location Tax and Legal Parcel Number2: 24-36-26-00-00511.W-0000.00
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 3855.59
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1423.0
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Lot Size Square Feet2: 8276.0
  • 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 Microwave: Yes
  • 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
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 1
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Number Limit: Yes
  • General Property Information Stories Total: 4
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Pets Allowed Dogs OK: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • General Property Information:Pool Private YN: No
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Acres: 0.19
  • Pool Private: No
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, 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: 630.0
  • Association Fee Frequency: Monthly
  • Association Name: Island Cove Condominium Association, Inc
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Island Cove Condominium Association, Inc
  • General Property Information:Association Fee: 630.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Internet: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Gated2: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2441147
  • Parcel #: 24-36-26-00-00511.W-0000.00

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3855.59

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Map

Range of Values:

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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
2023 $3,856 $282,890 $0 $0
2022 $3,635 $296,760 $0 $0
2021 $3,329 $220,490 $0 $220,490
2020 $3,149 $205,760 $0 $205,760
2019 $2,828 $205,760 $0 $205,760
2018 $2,647 $184,280 $0 $184,280
2017 $2,666 $190,130 $0 $190,130
2016 $2,394 $149,740 $0 $0
2015 $2,293 $108,070 $0 $0
2014 $2,052 $98,250 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Off Market $2,400 -- --
06/09/2025 06/09/25 Price Changed $2,400 -17.2% $2 / Sq Ft
05/30/2025 05/30/25 For Rent $2,900 0.0% --
05/22/2025 05/22/25 Price Changed $449,500 -2.1% $316 / Sq Ft
02/14/2025 02/14/25 Price Changed $459,000 -4.2% $323 / Sq Ft
11/19/2024 11/19/24 Price Changed $479,000 -8.8% $337 / Sq Ft
08/14/2024 08/14/24 For Sale $525,000 -- $369 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Deed -- Attorney
Warranty Deed $125,000 Fidelity National Title Ins
Source: Public Records

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

MLS Number: 1022180

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-26-00-00511.W-0000.00