347 W Merritt Avenue, Merritt Island, FL 32953

$389,000
Property Type: Residential Income Square Footage: 2,323 Lot Size (sq. ft.): 16,553 Status: Active
Current Price: $389,000 List Date: 7/01/2026 Last Modified: 7/01/2026

Overview

Description

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!

Listing Details MLS# 1006381

General Property Information

Number Of Buildings
Yes
Number Of Units Total
3
Living Area
2243
Living Area Source
Public Records
Building Area Total
2323
New Construction YN
No
Year Built
1957
Garage YN
No
Carport YN
Yes
Carport Spaces
Yes
Parking Total
4
Lot Size Acres
0.38
Lot Size Square Feet
16553
Association YN
No
CDD Fee YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories
Yes
Direction Faces
North
Pool Private YN
No
List Price/SqFt
173.43

Property Features

Appliances: Gas Oven; Gas Range; Refrigerator Association Amenities: RV/Boat Storage Construction Materials: Block Cooling: Central Air; Electric; Varies by Unit; Wall/Window Unit(s) Current Use: Multi-Family Fencing: Back Yard; Chain Link; Privacy Flooring: Carpet; Tile; Vinyl Heating: Central; Varies by Unit Listing Terms: Cash; Conventional Lot Features: Many Trees Parking Features: Additional Parking; Carport; Guest Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Trees/Woods Water Source: Public Showing Requirements: Combination Lock Box; Showing Service

Contract Information

Original List Price
499000
Listing Contract Date
2024-02-29
Property Sub Type
Triplex

Location Tax and Legal

Street Number
347
Street Direction Prefix
W
Street Name
Merritt
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32953
MLS Area Major
251 - Central Merritt Island
Subdivision Name
Merritt Park Place

Remarks and Miscellaneous

Public Remarks
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!

Status Change Information

Major Change Timestamp
2026-07-01T20:09:16Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-07-01T20:09:16Z
Status Change Timestamp
2026-07-01

More Information

Closing Company Details

Closing Company Name
Title Solutions - Leanne Shufelt
Closing Company Address
190 S Cpourtenay Parkway

DPR Eligible

DPR Eligible
Yes

Unit 1 Details

Unit ID
345 A
Actual Rent
1100
Unit SqFt
685
Baths Total (Legacy)
Yes
Furnished
Unfurnished
Unit Remarks
Gas Stove, end unit, large yard

Unit 2 Details

Unit ID
345B
Actual Rent
1000
Unit SqFt
744
Baths Total (Legacy)
Yes
Furnished
Unfurnished
Unit Remarks
Large unit, extra storage, large yard.

Unit 3 Details

Unit ID
347
Actual Rent
650
Unit SqFt
574
Baths Total (Legacy)
Yes
Furnished
Unfurnished
Unit Remarks
End Unit, large fenced yard, extra storage room

Location, Tax, and Legal

Tax Account
2427084
Parcel Number
24-36-35-32-0000j.0-0014.00
General County Location
Central
Elementary School
Mila
Middle School
Jefferson
High School
Merritt Island
Tax Annual Amount
3302.59
Tax Year
2023
Tax Legal Description
MERRITT PARK PLACE LOTS 14,15 BLK J
Directions
Take Courtenay Parkway to Merritt Avenue, go West on Merritt Avenue to 345 & 347 W Merritt.

Appliances

Gas Oven
Yes
Gas Range
Yes
Refrigerator
Yes

Association Amenities

RV/Boat Storage
Yes

Construction Materials

Block
Yes

Cooling

Central Air
Yes
Electric
Yes
Varies by Unit
Yes
Wall/Window Unit(s)
Yes

Current Use

Multi-Family
Yes

Fencing

Back Yard
Yes
Chain Link
Yes
Privacy
Yes

Flooring

Carpet
Yes
Tile
Yes
Vinyl
Yes

Heating

Central
Yes
Varies by Unit
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Many Trees
Yes

Parking Features

Additional Parking
Yes
Carport
Yes
Guest
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

Trees/Woods
Yes

Water Source

Public
Yes

Showing Requirements

Combination Lock Box
Yes
Showing Service
Yes
Listing Office: Daignault Realty Inc
Last Updated: July - 01 - 2026
Information is deemed to be reliable, but is not guaranteed.