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$749,000

Beds
3
Baths
2.5
sq ft
1,780

765 Richland Ave, Merritt Island, FL 32953

765 Richland Ave

MERRITT ISLAND, FL 32953

  • 33 days on market
Welcome to your dream home in beautiful Merritt Island! This stunning 3-bedroom, 2.5-bath residence offers a perfect blend of modern upgrades and classic charm, making it an ideal retreat for families or investors looking for a short-term rental property. This home features three generous bedrooms, plus a versatile bonus room/office, perfect for remote work or a playroom. The heart of the home boasts a gourmet kitchen with stainless steel appliances, sleek granite countertops, and ample cabinet space, making meal preparation a delight. Step outside to your private outdoor oasis, where you can dive into the saltwater pool, illuminated by an LED smart control pool light (2023). The pool area overlooks a gorgeous canal, providing a serene backdrop for relaxation or entertaining. Recent upgrades include a new water heater (2024), a freshly painted pool deck (2024), new landscaping, an irrigation system, and a concrete driveway (2023). New gates and an irrigation pump were also installed in 2024, ensuring the property remains in top-notch condition. Situated with easy access to both highways 520 and 528, this home is just a short drive from local restaurants and shops. Additionally, it's only a brief canal ride to the inter-coastal waterways, putting this home in the perfect location for shopping, dining, and outdoor adventures! Short-term rentals are allowed, making this home a fantastic residence and a great investment opportunity. Guests will love the proximity to local attractions This exceptional home is located just minutes from Cocoa Beach, Central Florida's cruise ship terminals, and perfectly nestled between the Indian River Lagoon and The Banana River. This prime location is ideal for boating, jet skiing, and paddleboarding enthusiasts. Enjoy stunning sunsets overlooking the pool and river, where dolphins and manatees often play, creating a serene and picturesque setting. The tranquil backyard is the perfect spot to watch rocket launches in comfort, making this home a truly unique and captivating retreat. Don't miss the opportunity to experience this incredible lifestyle! This is a unique opportunity to enjoy a turnkey lifestyle in style and comfort. Don't miss out on this exceptional property in Merritt Island. Schedule a showing today and make this slice of paradise yours!

Details

Property type

Single Family Residence

Est. home value

$703,053

Lot size

8,712 sq ft

Price per sq ft

$421

Year built

1964

Annual property taxes

$611.9

HOA

Yes

Price History

06/03/2024
StellarMLS

StellarMLS #O6210283

Listed
$749,000
+8.55%
07/15/2022
StellarMLS

StellarMLS #S5067775

Sold
$690,000
+38%
09/29/2021
BrevardMLS

BrevardMLS #909340

Sold
$500,000

Schools & Community

Elementary school: 

Manatee Elementary School

Middle school: 

JOHN F. KENNEDY MIDDLE SCHOOL

High school: 

Viera High School

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

$60,478
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$628,602
Cash to seller
$60,478

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

Seller’s Loan History

Lender

Proper Rate Llc

Loan start date

July 2022

Original loan amount

$647,000

Est. remaining balance

$628,602

Interest rate

5.1%

Loan type

VA, 30 year

Seller

Joseph K Mcrorie and Regina T Mcrorie

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 9:30 PM

Listing updated: 06/29/2024 at 12:30 AM

Listed by: Dominick Florio, RE/MAX TOWN & COUNTRY REALTY Phone #: (407) 695-2066

MLS: StellarMLS #O6210283

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