tomo logo

$2,595,000

Beds
5
Baths
3.5
sq ft
5,415

7575 S Tropical Trl, Merritt Island, FL 32952

7575 S Tropical Trl

Merritt Island, FL 32952

  • 2 days on market
RIVERFRONT, Large Lot! Experience luxury waterfront living at its finest! This 5,400+square foot estate on 3+ acres is located at one of the premiere locations with over 230 ft. water frontage with breathtaking views of the Indian River. This exquisite two-story custom home was built in 1990 by a custom home builder This spectacular estate nestled amidst mature landscaping, a private gate opens to the unsurpassed quality and craftsmanship throughout; features include 3 car side garage, 5 bedrooms, 3 full bathrooms, 1 half bath, Media Room, gym, office, coral fireplace, 3 sets of stairs leading to 2nd floor and grand entry. The kitchen overlooks the river features quartz countertops, center island with stovetop, stainless steel appliances and a lovely breakfast nook area.. with stunning water views. Windows and doors in every room give the interior a bright & airy feel. The first floor showcases a spacious free-flowing layout with dramatic water views & 20+ft ceiling

Details

Property type

Single Family Residence

Est. home value

$3,141,742

Property condition

Updated/Remodeled

Lot size

3.0 acres

Price per sq ft

$480

Year built

1990

Annual property taxes

$11,746.88

Price History

12/20/2024
BrevardMLS

BrevardMLS #1032456

Listed
$2,595,000
-5.64%
10/24/2024
BrevardMLS

BrevardMLS #968042

Removed
$2,750,000
08/07/2024
BrevardMLS

BrevardMLS #968042

Price change
$2,750,000
-7.56%

Schools & Community

Elementary school: 

Ocean Breeze

Middle school: 

DeLaura

High school: 

Satellite

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

Wells Fargo Bank Na

Loan start date

October 2018

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

3.82%

Loan type

Credit Line (Revolving), 30 year

Seller

Jeffrey S Araj and Christina Lynn Araj

Lender

Wells Fargo Bank Na

Loan start date

October 2018

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

3.82%

Loan type

Credit Line (Revolving), 30 year

Seller

Jeffrey S Araj and Christina Lynn Araj

Lender

Cardinal Financial Company Lp

Loan start date

August 2014

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Jeffrey S Araj

Lender

Cardinal Financial Company Lp

Loan start date

August 2014

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Jeffrey S Araj

Lender

First Union National Bank

Loan start date

April 2002

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.86%

Loan type

New Conventional

Seller

Jeffrey S Araj

Lender

First Union National Bank

Loan start date

April 2002

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.86%

Loan type

New Conventional

Seller

Jeffrey S Araj

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?

Status: Active

Tomo last checked: 12/21/2024 at 8:45 PM

Listing updated: 12/21/2024 at 7:05 AM

Listed by: Gregory Ellingson, Ellingson Properties Phone #: (321) 750-7050

MLS: BrevardMLS #1032456

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