140 Minna Lane 218, Merritt Island, FL 32953

$102,500
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 775 Lot Size (sq. ft.): 1,307 Status: Closed
Current Price: $102,500 List Date: 7/01/2024 Last Modified: 5/22/2026

Overview

Description

Seize the opportunity to own this 2/1 second floor end unit with an abundance of natural light. With a low monthly maintenance fee of just $250, this is a great opportunity for both investors and owner occupants. Situated in the heart of central Merritt Island, this property is in close proximity to top-rated schools and you'll also find shopping, dining, entertainment, healthcare providers, and public transportation just moments away. Please note there is no seller disclosure as the seller has never lived in the property. The HVAC system was replaced in 2022. The current tenant is month-to-month for $1300/month and has expressed a desire to stay.

Listing Details MLS# 1017172

General Property Information

Bedrooms Total
2
Bathrooms Total
Yes
Bathrooms Full
Yes
Living Area
775
Living Area Source
Public Records
Accessibility Features YN
No
New Construction YN
No
Year Built
1964
Garage YN
No
Carport YN
No
Lot Size Acres
0.03
Lot Size Square Feet
1306.8
Association YN
Yes
Association Fee
250
Association Fee Frequency
Monthly
Association Name
Showcase Property Management
Association Phone
321-783-5000
CDD Fee YN
No
Community Fee(s) YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories
2
Stories Total
2
Entry Level
2
Direction Faces
East
Senior Community YN
No
List Price/SqFt
135.48
Sold Price/SqFt
132.26
Bathrooms Half
0

Property Features

Appliances: Electric Range; Electric Water Heater; Refrigerator Association Amenities: Pool Association Fee Includes: Trash; Water Construction Materials: Block; Stucco Cooling: Central Air; Electric Current Use: Investment; Residential Flooring: Laminate; Tile Heating: Central; Electric Interior Features: Eat-in Kitchen Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Parking Lot; Unassigned Pets Allowed: Size Limit; Yes Pool Features: In Ground Possession: Close Of Escrow; Subject To Tenant Rights Road Surface Type: Asphalt Sewer: Public Sewer Showing Requirements: Appointment Only; Showing Service Special Listing Conditions: Standard Utilities: Cable Connected; Electricity Connected; Water Connected Water Source: Public Showing Considerations: Occupied

Contract Information

Original List Price
115000
Listing Contract Date
2024-06-17
Start Showing Date
2024-07-01
Property Sub Type
Condominium

Location Tax and Legal

Street Number
140
Street Name
Minna
Street Suffix
Lane
County
Brevard
State
FL
Postal Code
32953
MLS Area Major
251 - Central Merritt Island
Subdivision Name
Colonial Arms Condo

Remarks and Miscellaneous

Public Remarks
Seize the opportunity to own this 2/1 second floor end unit with an abundance of natural light. With a low monthly maintenance fee of just $250, this is a great opportunity for both investors and owner occupants. Situated in the heart of central Merritt Island, this property is in close proximity to top-rated schools and you'll also find shopping, dining, entertainment, healthcare providers, and public transportation just moments away. Please note there is no seller disclosure as the seller has never lived in the property. The HVAC system was replaced in 2022. The current tenant is month-to-month for $1300/month and has expressed a desire to stay.

Status Change Information

Major Change Timestamp
2024-10-01T13:03:35Z
Major Change Type
Status Change
Price Change Timestamp
2024-08-19T14:22:00Z
Status Change Timestamp
2024-10-01
Purchase Contract Date
2024-09-11
Close Date
2024-09-30
Close Price
102500

More Information

DPR Eligible

DPR Eligible
Yes

Legal Details

Permission Granted to Advertise
Yes

Location, Tax, and Legal

Unit Number
218
Tax Account
2420436
Parcel Number
24-36-26-58-00000.0-0004.36
General County Location
Central
Elementary School
Mila
Middle School
Jefferson
High School
Merritt Island
Tax Annual Amount
1089.92
Tax Year
2023
Tax Legal Description
COLONIAL ARMS CONDO UNIT 218 COLONIAL ARMS CONDO AS DESC IN ORB 2356 PG 2182 AND ALL AMENDMENTS THERETO.
Directions
From SR520, head north on Courtenay Pkwy (SR3). Make U-turn in front of Shore Lanes bowling alley then take 1st right onto Minna Lane. Unit is in 1st bldg on right at the top of the left staircase.

Appliances

Electric Range
Yes
Electric Water Heater
Yes
Refrigerator
Yes

Association Amenities

Pool
Yes

Association Fee Includes

Sewer
Yes
Trash
Yes
Water
Yes

Construction Materials

Block
Yes
Stucco
Yes

Cooling

Central Air
Yes
Electric
Yes

Current Use

Investment
Yes
Residential
Yes

Flooring

Laminate
Yes
Tile
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Eat-in Kitchen
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Other
Yes

Parking Features

Parking Lot
Yes
Unassigned
Yes

Pets Allowed

Size Limit
Yes
Yes
Yes

Pool Features

In Ground
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Road Surface Type

Asphalt
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Showing Service
Yes

Showing Considerations

Occupied
Yes

Documents

Listing Office: Lokation Real Estate
Last Updated: May - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.
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