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$2,225,000

Beds
5
Baths
6.0
sq ft
5,822

7647 S Tropical Trl, Merritt Island, FL 32952

7647 S Tropical Trl

Merritt Island, FL 32952

  • 176 days on market
    • Price drop $325,000↓
Riverfront oasis! Nestled on over 2 acres, this multi-generational home boasts 5822 sq ft. The first floor has the main living space with oversized kitchen, formal dining room, additional eating area, living room and office space. There is a wing that has a large game room/living area (30x20 )with wet bar. There are stairs that go to a large bedroom and bath (24 x 23). The house design has a 2 car garage on each side of the house with one side being oversized. Above the South garage features a in-law suite with kitchen Enjoy river views from throughout the home, with a covered boat dock featuring a lift for vessels up to 25k lbs. The property features 5 bedrooms, 6 baths. Screen enclosed patio with pool and spa. Indulge in the tranquility of riverfront living Welcome to your waterfront paradise! There are 2 tax IDs with the house on an acre and a lot in front which is 1.29. You can split the lot or build another home. Solid home, poured concrete block on both levels.

Details

Property type

Single Family Residence

Est. home value

$2,274,094

Lot size

2.29 acres

Price per sq ft

$383

Year built

1997

Price History

03/06/2024
BrevardMLS

BrevardMLS #1001924

Price change
$2,225,000
-12.75%
01/12/2024
BrevardMLS

BrevardMLS #1001924

Listed
$2,550,000

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

Truist Bank

Loan start date

September 2022

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

5.22%

Loan type

Stand Alone Second, 25 year

Seller

Audrius J Bredikis and Egle Bredikis

Lender

Wells Fargo Bank Na

Loan start date

August 2015

Original loan amount

$627,000

Est. remaining balance

$294,610

Interest rate

3.21%

Loan type

New Conventional, 15 year

Seller

Audrius J Bredikis and Egle Bredikis

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 9:55 PM

Listing updated: 06/03/2024 at 9:53 AM

Listed by: Tina M Murphy, One Sotheby's International Phone #: (321) 984-3135

MLS: BrevardMLS #1001924

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