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$350,000

Beds
3
Baths
2.0
sq ft
1,176

220 N Tropical Trl, Merritt Island, FL 32953

220 N Tropical Trl

Merritt Island, FL 32953

  • 47 days on market
Welcome to your new home on N Tropical Trail in beautiful Merritt Island! Zoned BU-1! Nestled on an oversized lot, this property offers ample space for all your parking needs, whether it's cars, boats, or RVs. Step inside to discover a simple yet pristine interior featuring three cozy bedrooms and two bathrooms. The heart of this home is its expansive kitchen, complete with a large island that's perfect for meal prep and casual dining. An indoor laundry room adds convenience to your daily routine. Enjoy outdoor living at its finest with a spacious patio, perfect for entertaining or relaxing by the fire pit. A large shed/workshop provides additional storage and workspace, ideal for hobbyists or those needing extra room for projects. This property is a rare find with its generous lot size and versatile outdoor space. Don't miss out on this opportunity to own a piece of paradise in Merritt Island! Also for lease as well.

Details

Property type

Single Family Residence

Est. home value

$280,815

Lot size

0.36 acres

Price per sq ft

$298

Year built

1951

Annual property taxes

$2,494.54

Price History

05/20/2024
BrevardMLS

BrevardMLS #1014450

Listed
$350,000

Schools & Community

Elementary school: 

Mila

Middle school: 

Jefferson

High school: 

Merritt Island

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$102,087
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$219,913
Cash to seller
$102,087

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

November 2021

Original loan amount

$232,750

Est. remaining balance

$219,913

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Mary Polk and Matthew Polk

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/05/2024 at 10:00 PM

Listing updated: 05/21/2024 at 7:01 AM

Listed by: Jenn Clements, Coastal Life Properties LLC Phone #: (321) 633-2313

MLS: BrevardMLS #1014450

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