$1,200,000
SOLD OCT 24, 2023

3775 S Tropical Trail Merritt Island, FL 32952

5 Beds
4 Baths
5,611 Sq Ft
0.94 Acres

Recently Sold

$214 Per Sq Ft

23% Below List Price

30 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • In Ground Pool
  • Tropical Elementary School Rated 9+
  • Intracoastal View
  • The property is located in a historic district

About This Home

As of October 2023

Prepare to be captivated by this South Merritt Island property featuring 172' frontage on the Indian River. This riverfront estate offers more than just a breathtaking view; it includes a 20'x40' pool and grants you access to deep water on the Intracoastal, and a dock with a depth of 3-4'. With a reinforced shoreline and a new 180' dock added in 2019, there is ample space for a boat of up to 33'+. Let your imagination soar as you embark on a journey of transformation that reflects your unique style on this rare 0.94-acre lot. This estate possesses 5,611 sq. ft. of living space, solid wood doors and trim, the grandeur of a large staircase, and two wood-burning fireplaces. Nestled along the exclusive S. Tropical Trail, this haven is a rare gem, surrounded by the beauty of the Indian River.

Last Agent to Sell the Property

Stephanie Dandridge

One Sotheby's International License #3273655 Listed on: 08/31/2023

One Sotheby's International

Last Buyer's Agent

Eric Bress, Jr

Eric Bress Real Estate LLC License #3371042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,230

Year Built

  • Built in 1925

Lot Details

  • 0.94 Acre Lot
  • Home fronts a seawall
  • River Front
  • East Facing Home

Parking

  • RV Access or Parking

Property Views

  • Intracoastal
  • River
  • Pool

Home Design

  • Fixer Upper
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 5,611 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Home Office
  • Library
  • Bonus Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Spa Bath

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Deck
  • Shed
  • Wrap Around Porch

Schools

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

Additional Features

  • The property is located in a historic district
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 25-36-24-00-00034.0-0000.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,230

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Historic Area
  • Road Surface Type: Asphalt
  • Reso View: Pool, River, Water, Intracoastal
  • Water Body Name: Indian River
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 25-36-24-00-00034.0-0000.00
  • 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: 10230.0
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 5611.0
  • General Property Information Building Area Total3: 5851.0
  • General Property Information Lot Size Acres: 0.94
  • General Property Information Lot Size Square Feet2: 40946.0
  • 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: East
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type Asphalt: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Room Types Family Room: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Interior Features Guest Suite: Yes
  • Pool Features Salt Water: Yes
  • Room Types Bonus Room: Yes
  • Lot Features Historic Area: Yes
  • Interior Features Jack and Jill Bath: Yes
  • View Intracoastal: Yes
  • Property Condition Fixer: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Guest Suite, Jack and Jill Bath, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Bath
  • Appliances: None
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:None: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: In Ground, Salt Water
  • Roof: Metal, Other
  • Acres: 0.94
  • Pool Private: Yes
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Deck, Porch, Side Porch, Wrap Around
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Waterfront Features:Seawall: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking, Other
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes
  • Parking Features:RV AccessParking: 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
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 40946.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2511454
  • Parcel #: 25-36-24-00-00034.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10230.0

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 24, 2023
Sold by
Kosick Donald K and Kosick Maria K
Bought by
Bress Eric and Wrench Regina
Seller's Agent
Stephanie Dandridge
One Sotheby's International
Buyer's Agent
Eric Bress, Jr
Eric Bress Real Estate LLC
List Price
$1,550,000
Sold Price
$1,200,000
Premium/Discount to List
-$350,000
-22.58%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.15%
Original Mortgage
$1,000,000
Outstanding Balance
$132,968
Interest Rate
7.18%
Mortgage Type
Seller Take Back
Estimated Equity
$3,289,727

Purchase Details

Closed on
Jan 17, 2017
Sold by
Wojeik James T and The Wojeik Family Trust
Bought by
Drury Robert C and Drury Carolyn J

Purchase Details

Closed on
Jan 9, 2017
Sold by
Buchanan Gail D
Bought by
Buchanan Gail D and The Gail D Buchanan Trust

Purchase Details

Closed on
Jan 1, 2017
Bought by
Gail D Buchanan Trust
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 $1,200,000 State Title Partners
Warranty Deed $154,000 Attorney
Warranty Deed -- Attorney
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $3,495,000 +191.3% $623 / Sq Ft
10/24/2023 10/24/23 Sold $1,200,000 -7.3% $214 / Sq Ft
09/30/2023 09/30/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $1,295,000 -16.5% $231 / Sq Ft
08/31/2023 08/31/23 For Sale $1,550,000 +55.0% $276 / Sq Ft
08/22/2022 08/22/22 Sold $1,000,000 -33.1% $178 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/22/2022 07/22/22 Price Changed $1,494,000 -0.1% $266 / Sq Ft
06/30/2022 06/30/22 Price Changed $1,495,000 -14.6% $266 / Sq Ft
06/01/2022 06/01/22 For Sale $1,749,999 -- $312 / 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
2024 $11,057 $1,094,830 -- --
2023 $11,057 $838,130 $562,030 $276,100
2022 $10,230 $834,050 $0 $0
2021 $9,885 $701,080 $470,850 $230,230
2020 $9,826 $685,910 $451,110 $234,800
2019 $6,836 $491,320 $0 $0
2018 $6,879 $482,160 $0 $0
2017 $6,998 $472,250 $0 $0
2016 $7,153 $462,540 $372,960 $89,580
2015 $7,396 $459,330 $372,960 $86,370
2014 $7,463 $455,690 $372,960 $82,730
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 973909

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-24-00-00034.0-0000.00