20 days on rocket

560 E Merrimac Dr, Merritt Island, FL, 32952

$279,900

Home List Price

$3,324*

Closing Credit

3 Bedrooms
2 Full Baths
1,240 SqFt
$226/SqFt
House
Schools Nearby

Location

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560 E Merrimac Dr, Merritt Island$279,900

Buyer Closing Credits

$3,324*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage1 space
Year Built1968
HeatingCentral, Electric, Natural Gas
CoolingCentral Air, Electric
MLS #1010363
Lot Size0.22 Acres
StatusActive

About 560 E Merrimac Dr

Discover the potential of this charming 3-bedroom, 2-bathroom CBS home located on a tranquil street with its own dock and a fenced backyard. While it awaits your personal touch, this property offers a solid foundation for your dream home vision. Step into the spacious backyard, perfect for relaxing evenings by the water or hosting gatherings with friends and family. The serene setting sets the stage for endless possibilities. Inside, you'll find a home ready for transformation. With an older kitchen, dated bathrooms, and flooring, there's ample opportunity to infuse your style and creativity into every corner. Rest easy knowing that major components have been well-maintained, including a recent HVAC replacement in 2019 and a roof replacement in 2016. An inspection has confirmed the roof's excellent condition, with approximately 18 years of useful life remaining. Imagine the potential of this waterfront retreat once updated to reflect your unique taste and preferences.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1968
  • Stories: 1
  • Living Area: 1,240 SqFt

Listing Office:

  • Office Name: Palladium Investments, Inc
  • Office Phone: (561) 409-8597
  • Listing Agent: Adrian Rodriguez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Gas Range, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Boat Dock

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage

Virtual/3D Tour

  • Virtual Tour: 560 E Merrimac Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Merritt Island High School, Public District Grades PK-12
  • Thomas Jefferson Middle School, Public District Grades 7-8
  • Tropical Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: E Merritt Island Causeway to Newfound Harbor Dr and head south until you reach S Merrimac Dr and head East. House on right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,900
  • Price Per SqFt: $226/SqFt

Tax Information:

  • Annual Amount: $2,201
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Merritt Island, FL.

Med. Sold Price

$469.3K

Med. Price/SqFt

$248

Avg. Days On Market

62

# of Sold Homes

67

560 E Merrimac Dr vs Merritt Island

20 DAYS ON ROCKET

-42 Days

$279,900

-$189.4K Less

$226/SqFt

-$23 Less

KEY TAKEAWAY

This property is $189.4K less than the Median Sold Price and $23/SqFt less than other homes in Merritt Island, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1010363

Listing Office:

  • Office Name: Palladium Investments, Inc
  • Office Phone: (561) 409-8597
  • Listing Agent: Adrian Rodriguez

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 3:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 03, 2006Home Sold
$233,000
Feb 09, 2005Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,201$143,930
2019$2,010$107,470
2018$1,768$132,160
2017$1,768$97,250

History based on county public records data.

Payment Calculator

$1,464

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3194204
8
/10
  • Tropical Elementary School

  • 885 S Courtenay Pkwy

  • 2.03 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3194205
4
/10
  • Thomas Jefferson Middle School

  • 1275 S Courtenay Pkwy

  • 1.70 miles

  • Public District Grades 7-8

High School

school-card-donut-3194206
4
/10
  • Merritt Island High School

  • 100 Mustang Way

  • 2.95 miles

  • Public District Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,556. The most common annual income of people living in Merritt Island, FL is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 560 E Merrimac Dr

What is the listing price of this property?

The listing price of 560 E Merrimac Dr property is $279,900.

What type of property is this?

The property 560 E Merrimac Dr is a house located in Merritt Island, Florida, 32952.

Is this property for sale now?

Active Listing: 560 E Merrimac Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 560 E Merrimac Dr are:
Tropical Elementary School: GreatSchools Rating 8/10
Thomas Jefferson Middle School: GreatSchools Rating 4/10
Merritt Island High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,201 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 3, 2006 for $233,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 560 E Merrimac Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 560 E Merrimac Dr is 1,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 560 E Merrimac Dr is 1968.

Rocket HomesFloridaBrevard CountyMerritt Island32952560 E Merrimac Dr

This home is located at 560 E Merrimac Dr in Merritt Island, FL and zip code 32952 in the Gateway neighborhood. This 1,240 square foot home, which was built in 1968, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $279,900.

Merritt Island, FL housing market in March 2024 saw over 4 listings sold above listed price, more than 9 sold at listed price and over 54 sold below. The number of homes for sale in Merritt Island, FL increased by 10.2% between February 2024 and March 2024. In March 2024 median list price was $469,360 and the average listing age was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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