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!
The median home value in Merritt Island, FL is $445,000. 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 $445,000. 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.
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.