NOT LISTED FOR SALE

4645 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $4,992,000 - $6,040,000

8 Beds
10 Baths
12,845 Sq Ft
$426/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $6,000,000 $467 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $33,480/month

214 Days on Market

Highlights

  • Boathouse
  • Dock Does Not Have A Water Supply
  • Media Room
  • 400 Feet of Waterfront
  • River Access
  • In Ground Pool

About This Home

As of August 2023

Exquisite riverfront estate, perfectly perched upon one of the highest points in Merritt Island. Located on almost 8 acres, this stunning residence is bordered on one side by Honeymoon Lake and the Indian River and on the other side by the Banana River offering amazing water views from practically every room in the house. As you enter through the private gates and begin the drive up the 300 ft. long travertine marble drive, your eyes are immediately greeted by the impeccable grounds and unparalleled architectural details. The home features whole-house automation with state-of-the-art technology from Crestron. Interior amenities include a modern chef's kitchen with European styling, a massive center island, top-of-the-line appliances, and striking exotic granite countertops. The expansive master suite features a seating area with a private fireplace, a huge outdoor balcony, and a one-of-a-kind spa bath for soaking away the stresses of a long day. There is also a separate guest suite, home theater, library, huge game room, and a fitness center. The exterior of the home is an entertainer's dream featuring an enormous covered lanai with a summer kitchen overlooking the resort-style infinity-edge pool and the private boat dock on the water. Positioned right in the middle of Florida's Space Coast and just 40 minutes from the international airport and all of Central Florida's attractions, the location is hard to beat.

Last Agent to Sell the Property

Christopher Christensen

COMPASS FLORIDA LLC License #3189396 Listed on: 10/24/2022

COMPASS FLORIDA LLC

Last Buyer's Agent

Christopher Christensen

COMPASS FLORIDA LLC License #3189396 Listed on: 10/24/2022

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,895

Year Built

  • Built in 1998

Lot Details

  • 7.98 Acre Lot
  • 400 Feet of Waterfront
  • 200 Feet of Lake Waterfront
  • 200 Feet of Riverfront
  • Lake Front
  • River Front
  • East Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned SEU

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • River
  • Lake

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 12,845 Sq Ft Home
  • 3-Story Property
  • Shelving
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Shades
  • Blinds
  • Drapes & Rods
  • French Doors
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Media Room
  • Den
  • Loft
  • Bonus Room
  • Storage Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Indoor Grill
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • River Access
  • Access To Lake
  • Water Skiing Allowed
  • Boathouse
  • Dock Does Not Have A Water Supply
  • Dock made with wood
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Power Generator
  • Propane
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,895

Year Built

Built in 1998

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 12845
  • Lot Size Acres: 7.98
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 20152
  • Lot Size Sq Ft: 347609
  • Number Of Lots: 1
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 1872.18
  • Escrow State: FL
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 467.11
  • Total Acreage: 5 to less than 10
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Gas, Master Bedroom
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Tile, Wood
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Interior Amenities: Crown Molding, Eat-in Kitchen, Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Dryer, Indoor Grill, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: Three Or More
  • Other Equipment: Generator
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds, Drapes, Shades, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Den/Library/Office,Formal Dining Room Separate,Loft,Media Room,Storage Rooms
  • Living Area Meters: 1193.34

Exterior Features

  • Direction Faces: East
  • Other Structures: Boat House, Outdoor Kitchen
  • Pool Features: Gunite, In Ground
  • Exterior Features: Balcony, French Doors, Outdoor Grill, Outdoor Kitchen, Sauna, Storage
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: BANANA RIVER; HONEYMOON LAKE
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt
  • Water Access: Lake,River
  • Water Extras: Dock - Wood,Dock w/o Water Supply,Skiing Allowed
  • Water View: Lake,River
  • Water View YN: 1
  • Waterfront Feet Total: 400
  • Water Frontage Feet Lake: 200
  • Water Frontage Feet River: 200

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Private, Propane, Public, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Canal/Lake For Irrigation, Public

Condo/Co-op/Association

  • Association: No
  • Security: Security Gate, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: SEU
  • Parcel Number: 25-37-30-00-00066.0-0000.00
  • Additional Parcels: No
  • Fencing: Fenced, Other
  • Lot Features: Oversized Lot, Paved
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 29894.78
  • Tax Block: 66
  • Tax Book Number: 0000
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Lake, River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Aug 28, 2023
Sold by
Deukmedjian Ara & Sun
Bought by
Varaklic Goran
Seller's Agent
Christopher Christensen
COMPASS FLORIDA LLC
Buyer's Agent
Christopher Christensen
COMPASS FLORIDA LLC
List Price
$6,750,000
Sold Price
$6,000,000
Premium/Discount to List
-$750,000
-11.11%
Views
291
Current Estimated Value
$5,465,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$534,345
Avg. Annual Appreciation
-4.08%

Purchase Details

Closed on
Oct 26, 2006
Sold by
Vennes Frank E and Vennes Kimberly M
Bought by
Deukmedjian Ara J and Deukmedjian Sun M

Purchase Details

Closed on
Nov 14, 2005
Sold by
Lue Chung Gary and Lue Chung Madlyn
Bought by
Vennes Frank E and Vennes Kimberly E

Purchase Details

Closed on
Feb 12, 2004
Sold by
Lombardo Anthony J and Lombardo Deana L
Bought by
Vennes Frank E and Vennes Kimberly M

Purchase Details

Closed on
May 7, 2002
Sold by
Bobinski Carol Jean and Starkey Carol Jean
Bought by
Lue Chung Gary and Lue Chung Madlyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Varaklic Goran $6,000,000 None Listed On Document
Deukmedjian Ara J $3,650,000 None Available
Vennes Frank E $700,000 Central Coast Title
Vennes Frank E $2,350,000 --
Lue Chung Gary $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lue Chung Gary $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $6,000,000 -11.1% $467 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
10/24/2022 10/24/22 For Sale $6,750,000 -- $525 / Sq Ft
Source: Stellar MLS

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
2025 $56,407 $4,405,460 -- --
2024 $33,241 $4,683,090 -- --
2023 $33,241 $2,690,210 $0 $0
2022 $31,140 $2,611,860 $0 $0
2021 $33,248 $2,535,790 $0 $0
2020 $33,562 $2,500,780 $0 $0
2019 $33,806 $2,444,560 $0 $0
2018 $34,119 $2,398,980 $0 $0
2017 $34,861 $2,349,640 $0 $0
2016 $35,766 $2,301,320 $551,410 $1,749,910
2015 $37,132 $2,285,330 $536,410 $1,748,920
2014 $37,518 $2,267,200 $516,410 $1,750,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6067974

Stellar MLS

APN: 25-37-30-00-00066.0-0000.00