Merritt Island FL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,323
Status:
Active
Beds:
n/a
Lot size:
0.38 Acres
Year built:
1957
Baths:
MLS#:
1006381
Subdivision:
Merritt Park Place

ADDITIONAL INFORMATION

Exciting Investment Opportunity! Formerly a triplex, this property has been converted into a duplex but can effortlessly revert to its original triplex configuration. In its triplex layout, it offers a variety of units: a spacious 2-bedroom, 1-bath unit, a cozy 1-bedroom, 1-bath unit, and a large 1-bedroom, 1-bath unit. Conveniently located less than two miles from all schools and just blocks away from Mila Elementary, it also boasts proximity to shopping and restaurants. Don't overlook this exceptional chance for income generation!

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Space Coast Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Space Coast Association of REALTORS®, Inc. logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Space Coast Association of REALTORS®, Inc. All rights reserved.




Merritt Island Real Estate

The median home value in Merritt Island, FL is $400,000. This is higher than the county median home value of $357,500. The national median home value is $338,100. The average price of homes sold in Merritt Island, FL is $400,000. Approximately 65.24% of Merritt Island homes are owned, compared to 15.19% rented, while 19.58% are vacant. Merritt Island real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Merritt Island real estate agent to arrange a tour today!

Merritt Island, Florida has a population of 34,013. Merritt Island is more family-centric than the surrounding county with 25.39% of the households containing married families with children. The county average for households married with children is 24.34%.

The median household income in Merritt Island, Florida is $78,022. The median household income for the surrounding county is $63,632 compared to the national median of $69,021. The median age of people living in Merritt Island is 50.1 years.

Merritt Island Weather

The average high temperature in July is 90.4 degrees, with an average low temperature in January of 49.4 degrees. The average rainfall is approximately 53.3 inches per year, with 0 inches of snow per year.

Merritt Island Real Estate Market Conditions

  • Median sales price

    $400,000
    26.8% change since last quarter
  • # Active listings

    330
    30-day change

Merritt Island Schools and Demographics

Education near Merritt Island, FL

Metric City County
High School Graduates 95.72 92.49
College Degree - 2 year 13.7 12.61
College Degree - 4 year 40.56 31.68
Graduate Degree 12.73 9.6
Expenditures per Student 10,715 10,715
Students per Teacher 16.4 16.4

Elementary Schools near Merritt Island, FL

School Grades Students P/T Ratio ZIP
Audubon Elementary School PK - 06 646 14.7 32952
Brevard Virtual Eschool KG - 08 54 18 32922
Brevard Virtual Instruction Program KG - 08 54 32922
Cambridge Elementary Magnet School PK - 06 637 12.5 32922
Emma Jewel Charter Academy KG - 08 300 20 32922
Endeavour Elementary Magnet PK - 06 808 13.3 32922
Freedom 7 Elementary School of International Studies KG - 06 407 15.1 32931
Golfview Elementary Magnet School PK - 06 675 13 32955
Hans Christian Andersen Elementary School PK - 06 715 14.9 32955
Lewis Carroll Elementary School PK - 06 620 14.4 32953
Mila Elementary School PK - 06 496 11.3 32953
Ocean Breeze Elementary School PK - 06 510 13.4 32937
Ralph M Williams Junior Elementary School PK - 06 539 13.5 32955
Robert L. Stevenson Elementary KG - 06 483 17.3 32952
Sea Park Elementary School PK - 06 343 11.8 32937
Spessard L. Holland Elementary School PK - 06 427 13.3 32937
Surfside Elementary School PK - 06 418 14.9 32937
Theodore Roosevelt Elementary School PK - 06 372 12.8 32931
Tropical Elementary School PK - 06 736 15.3 32952

Middle Schools near Merritt Island, FL

School Grades Students P/T Ratio ZIP
Clearlake Middle School 07 - 08 470 13.1 32922
Delaura Middle School 07 - 08 699 17.1 32937
Gardendale Elementary Magnet School PK - 06 491 14.4 32953
John F. Kennedy Middle School 07 - 08 606 15.5 32955
Ronald McNair Magnet Middle School 07 - 08 457 16.3 32955
Thomas Jefferson Middle School 07 - 08 650 16.7 32952

High Schools near Merritt Island, FL

School Grades Students P/T Ratio ZIP
Cocoa Beach Junior/Senior High School 07 - 12 1,126 18.2 32931
Edgewood Junior/Senior High School 07 - 12 941 18.1 32953
Merritt Island High School 09 - 12 1,594 19.4 32953
Rockledge Senior High School 09 - 12 1,375 20.2 32955
Satellite Senior High School 09 - 12 1,319 19.4 32937

Ungraded Schools near Merritt Island, FL

School Grades Students P/T Ratio ZIP
Brevard Achievement Center AE - AE 0 32955
Brevard Virtual Franchise 06 - 12 74 5.3 32922
Brevard Virtual Instruction (Course Offerings) 06 - 12 0 32922
Bridges BTC, Inc. AE - AE 0 32955
Cedar Academy(Center for Educational Development Achievement UG - UG 0 32955
Central Area Adult Education Day-Program AE - AE 0 32922
Central Area Adult Education-Night Program AE - AE 0 32922
North/Central Area Alternative Learning Center 06 - 12 68 11.3 32922

Demographics near Merritt Island, FL

Metric City County
Neighborhood Type Suburban
Population 34,013 601,573
Population Density 1,942 593
Median Age 50.1 47
People per Household 2.5 2.5
Median Household Income 78,022 63,632
Average Income per Capita 45,083 36,278