For sale

$1,400,000

11470 S Tropical Trl, Merritt Island, FL 32952

3beds

2,088sqft

$8,823/mo

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Single Family Residence

Built in 1949

0.35 Acres Lot

$1,315,700 Zestimate^®

$670/sqft

$-- HOA

What's special

In-ground pool

Opportunities like this rarely come available along the highly desirable S. Tropical Trail corridor. Located on the beautiful Merritt Island peninsula, this property offers the chance to own a truly special piece of waterfront-area real estate surrounded by the Banana River to the east and Indian River to the west. The existing home will require significant renovation or reconstruction, but the value here is in the homesite and its incredible potential. The current residence offers 2,088 heated square feet and 2,686 square feet of total building area, along with an in-ground pool and boat house in the backyard that will also need to be refurbished. For the right buyer, this is an opportunity to reimagine the property and create something bigger, better, and uniquely your own. Whether you're envisioning a custom coastal retreat, a modern estate, or a home designed for generations to come, this homesite provides a rare canvas to bring that vision to life.

2 days
677
41

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Level: Main
Area: 425.5
Dimensions: 23.00 x 18.50

Bedroom 2

Level: Main
Area: 224
Dimensions: 14.00 x 16.00

Bathroom 3

Level: Main
Area: 135
Dimensions: 13.50 x 10.00

Dining room

Level: Main
Area: 148.5
Dimensions: 13.50 x 11.00

Family room

Level: Main
Area: 148.5
Dimensions: 13.50 x 11.00

Kitchen

Level: Main
Area: 128.25
Dimensions: 13.50 x 9.50

Living room

Level: Main
Area: 218.75
Dimensions: 17.50 x 12.50

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Electric Oven, Electric Range, Solar Hot Water, Washer, Water Softener Owned, Other
Laundry: Electric Dryer Hookup, In Unit, Washer Hookup

Features

Ceiling Fan(s), Split Bedrooms
Flooring: Carpet, Tile
Has fireplace: No

Interior area

Total structure area: 2,686
Total interior livable area: 2,088 sqft

Property

Parking

Total spaces: 1
Parking features: Additional Parking, Circular Driveway, Garage
Garage spaces: 1

Features

Stories: 1
Has private pool: Yes
Pool features: In Ground
Has view: Yes
View description: River, Water
Has water view: Yes
Water view: River,Water
Waterfront features: River Front
Body of water: Banana River

Lot

Size: 0.35 Acres
Features: Many Trees

Details

Additional structures: Boat House
Additional parcels included: 2712548
Parcel number: 2737100200000.00008.00
Zoning description: Residential
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Block
Roof: Shingle

Condition

Fixer
New construction: No
Year built: 1949

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Cable Available, Electricity Connected, Water Connected, Other

Community & HOA

Community

Subdivision: Paradise Point No 4

HOA

Has HOA: No

Location

Region: Merritt Island

Financial & listing details

Price per square foot: $670/sqft
Tax assessed value: $1,657,250
Annual tax amount: $4,889
Date on market: 8/31/2026
Listing terms: Cash,Other
Road surface type: Paved

Estimated market value

$1,315,700

$1.25M - $1.38M

$3,172/mo

Price history

Date	Event	Price
8/31/2026	Listed for sale	$1,400,000+1628.4%$670/sqft
Source: Space Coast AOR #1086360 Report a problem
11/1/1978	Sold	$81,000$39/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,889 +6.1%	$386,880 +2.9%
2024	$4,609 +0.7%	$375,980 +3%
2023	$4,578 +7.2%	$365,030 +3%
2022	$4,270 -4.3%	$354,400 +3%
2021	$4,462 +0.5%	$344,080 +1.4%
2020	$4,438 +0.7%	$339,330 +2.3%
2019	$4,406	$331,710 +1.9%
2018	$4,406 -0.5%	$325,530 +2.1%
2017	$4,430 -1.5%	$318,840 -35.3%
2016	$4,500 -2%	$492,520 +10%
2015	$4,594 -4%	$447,750 +5.6%
2014	$4,784	$424,190 -9.5%
2013	--	$468,600 +3.1%
2012	$4,520 +3.4%	$454,360 -8.3%
2011	$4,373 +10.5%	$495,470 -19.5%
2010	$3,958 +9.2%	$615,440 -16.6%
2009	$3,625 0%	$737,570 -13.8%
2008	$3,626 -0.8%	$856,000 -1.9%
2007	$3,653 -8.1%	$873,000 +7%
2005	$3,977 -2.3%	$815,540 +26.2%
2004	$4,070 -2%	$646,290 +0.6%
2003	$4,153 +1.6%	$642,520 +78.8%
2002	$4,089 +2.4%	$359,310 +5.9%
2001	$3,994 +7.3%	$339,170 +2.1%
2000	$3,721	$332,180

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 32952

Getting around

24 / 100

Car-Dependent

35 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

9/10
Ocean Breeze Elementary School
Grades: PK-6Distance: 0.9 mi
7/10
Delaura Middle School
Grades: 7-8Distance: 2.5 mi
8/10
Satellite Senior High School
Grades: 9-12Distance: 2.5 mi

Schools provided by the listing agent

Elementary: Ocean Breeze
Middle: DeLaura
High: Satellite

Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.