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$1,500,000

Beds
5
Baths
3.5
sq ft
3,092

400 Rio Vista Ln, Merritt Island, FL 32952

400 Rio Vista Ln

Merritt Island, FL 32952

  • 128 days on market
    • Price drop $90,000↓
Nestled along 117 feet of Indian River waterfront in a sought-after South Merritt Island community known as ''Candy Cane Lane,'' this captivating tri-level home embodies the essence of coastal living. Offering sweeping panoramic views, indulge in a lifestyle filled with fishing, dolphin watching, paddle boarding, and leisurely boat rides. Recently upgraded with a sparkling saltwater pool and a custom dock featuring a 10,000-pound boat lift, outdoor enjoyment is at its peak. Inside, the kitchen and bathrooms have been tastefully remodeled, exuding modern comfort and coastal elegance. The lower level beckons relaxation with a flexible game room/living space, kitchenette, bedroom, and full bath ideal for hosting guests or extended family. Ascend to the upper level where the owner's suite awaits, boasting stunning river views and a private balcony to soak in spectacular sunsets. Whether seeking tranquility or entertainment, this riverfront haven offers an unparalleled opportunity to embrace the quintessential Florida lifestyle in both luxury and comfort.

Details

Property type

Single Family Residence

Est. home value

$1,004,377

Lot size

0.4 acres

Price per sq ft

$486

Year built

1973

Annual property taxes

$10,029.8

Price History

06/15/2024
BrevardMLS

BrevardMLS #1006344

Listed
$1,500,000
05/31/2024
BrevardMLS

BrevardMLS #1006344

Pending
$1,500,000
05/28/2024
BrevardMLS

BrevardMLS #1006344

Price change
$1,500,000
-5.66%

Schools & Community

Elementary school: 

Tropical

Middle school: 

Jefferson

High school: 

Merritt Island

Seller’s Loan History

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

Lender

Truist Bank

Loan start date

January 2022

Original loan amount

$93,500

Est. remaining balance

Not provided

Interest rate

2.45%

Loan type

Credit Line (Revolving)

Seller

Kevin Verpaele and Kathleen Verpaele

Lender

Hamilton Home Loans Inc

Loan start date

March 2021

Original loan amount

$545,000

Est. remaining balance

$505,110

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Kevin Verpaele and Kathleen Verpaele

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 9:00 PM

Listing updated: 06/15/2024 at 6:23 PM

Listed by: Tamara Crisafulli, Denovo Realty Phone #: (321) 237-1887

MLS: BrevardMLS #1006344

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