280 Bahama Drive, Merritt Island, FL 32952
$320,000
Property Type:
Residential Income
Square Footage:
2,077
Lot Size (sq. ft.):
7,841
Status:
Closed
Current Price:
$320,000
List Date:
2/29/2020
Last Modified:
6/25/2026
Overview
Description
Great opportunity to own this established Assisted Living Facility in Merritt Island close to shops and the beach. This facility is licensed for 6 residents. Currently has 5 residents. Net income for 2019 was 60k. Private backyard. Come take a look! Seller will consider holding 2nd note
Listing Details MLS# 869455
General Property Information
- Number Of Units Total
- Yes
- Living Area
- 2045
- Living Area Source
- Public Records
- Building Area Total
- 2077
- Year Built
- 1963
- Garage YN
- No
- Carport YN
- Yes
- Carport Spaces
- Yes
- Open Parking Spaces
- 4
- Parking Total
- 4
- Lot Size Acres
- 0.18
- Lot Size Square Feet
- 7841
- Association YN
- No
- Property Use
- 01
- Use Code
- 01 / SINGLE FAMILY R
- Water Body Access YN
- No
- Waterfront YN
- No
- Pool Private YN
- No
- List Price/SqFt
- 168.61
- Sold Price/SqFt
- 156.48
- Garage Spaces
- 0
- Water Frontage Feet
- 0
Property Features
Appliances:
Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Construction Materials:
Block; Brick; Concrete
Cooling:
Central Air; Electric
Flooring:
Laminate; Tile
Levels:
One
Listing Terms:
Cash; Conventional; Lease Option; Lease Purchase
Owner Pays:
Cable TV; Electricity; Other
Parking Features:
Carport
Pool Features:
None
Road Surface Type:
Paved
Roof:
Shingle
Special Listing Conditions:
Standard
Utilities:
Cable Available
Showing Requirements:
Appointment Only
Contract Information
- Original List Price
- 348800
- Listing Contract Date
- 2020-02-27
- Property Sub Type
- Multi Family
Location Tax and Legal
- Street Number
- 280
- Street Name
- Bahama
- Street Suffix
- Drive
- County
- Brevard
- State
- FL
- Postal Code
- 32952
- MLS Area Major
- 253 - S Merritt Island
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- Great opportunity to own this established Assisted Living Facility in Merritt Island close to shops and the beach. This facility is licensed for 6 residents. Currently has 5 residents. Net income for 2019 was 60k. Private backyard. Come take a look! Seller will consider holding 2nd note
Status Change Information
- Major Change Timestamp
- 2023-11-11T03:45:22Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2020-05-21T16:30:13Z
- Status Change Timestamp
- 2020-11-17
- Purchase Contract Date
- 2020-06-06
- Close Date
- 2020-10-02
- Close Price
- 320000
More Information
Closing Company Details
- Closing Company Name
- Title Solutions of Florida LLC
- Closing Company Address
- 2235 N Courtenay Parkway, Merritt Island FL 32953
Income and Expenses
- Gross Scheduled Income
- 246000
- Net Operating Income
- 60000
- Operating Expense
- 130000
- Gross Income
- 0
Historical Information
- Public Historical Remarks 3
- Number of Buildings: 1 Building
Location, Tax, and Legal
- Tax Account
- 2427358
- Parcel Number
- 24-36-35-75-0000c.0-0006.00
- General County Location
- Central
- Elementary School
- Tropical
- Middle School
- Jefferson
- High School
- Merritt Island
- Tax Annual Amount
- 2629.09
- Tax Year
- 2019
- Tax Legal Description
- BELAIRE SUBD LOT 6 BLK C
- Directions
- Just south of 520 make left on Carib then Left on Bahama.
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Construction Materials
- Block
- Yes
- Brick
- Yes
- Concrete
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Flooring
- Laminate
- Yes
- Tile
- Yes
Levels
- One
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Lease Option
- Yes
- Lease Purchase
- Yes
Parking Features
- Carport
- Yes
Pool Features
- None
- Yes
Owner Pays
- Cable TV
- Yes
- Electricity
- Yes
- Other
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Shingle
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Cable Available
- Yes
Showing Requirements
- Appointment Only
- Yes
Listing Office:
Florida Homes Rlty. & Mtg. LLC
Last Updated: June - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.