Come see this beautifully updated home in Merritt Island featuring a spacious backyard overlooking a peaceful non-navigable canal filled with wildlife. Inside, you'll find an updated kitchen with stainless steel appliances, tile flooring throughout, and major system updates including a 2022 roof, 2022 Trane A/C, and 2022 hot water heater. The home is absolutely turn key, with all furniture included if buyer would like. Located in a great neighborhood, this centrally located home is just minutes from shopping, dining, and everyday conveniences. Would make a great Airbnb, vacation home, or forever home!
For sale
Price cut: $5K (6/23)
$370,000
1240 Colby Ln, Merritt Island, FL 32952
4beds
1,562sqft
Single Family Residence
Built in 1967
8,712 Square Feet Lot
$-- Zestimate®
$237/sqft
$-- HOA
What's special
Tile flooring throughout
- 51 days |
- 1,198 |
- 91 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Brandon Phillips 321-543-1374,
Blue Marlin Real Estate
Source: Space Coast AOR,MLS#: 1077460
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
- Laundry: In Unit
Features
- Ceiling Fan(s), Open Floorplan
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 1,562
- Total interior livable area: 1,562 sqft
Video & virtual tour
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Fire Pit
- Has view: Yes
- View description: Canal, Trees/Woods, Water
- Has water view: Yes
- Water view: Canal,Water
Lot
- Size: 8,712 Square Feet
- Features: Cleared
Details
- Additional parcels included: 2514955
- Parcel number: 2537065000004.00019.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Harborview Cove
HOA
- Has HOA: No
Location
- Region: Merritt Island
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $208,280
- Annual tax amount: $3,152
- Date on market: 5/15/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $370,000-1.3%$237/sqft |
Source: Space Coast AOR #1077460 Report a problem | ||
| 5/15/2026 | Price change | $375,000+4.5%$240/sqft |
Source: Space Coast AOR #1077460 Report a problem | ||
| 5/20/2025 | Pending sale | $359,000-0.3%$230/sqft |
Source: Space Coast AOR #1043269 Report a problem | ||
| 5/19/2025 | Sold | $360,000+0.3%$230/sqft |
Source: Space Coast AOR #1043269 Report a problem | ||
| 4/22/2025 | Contingent | $359,000$230/sqft |
Source: Space Coast AOR #1043269 Report a problem | ||
| 4/18/2025 | Listed for sale | $359,000+19.7%$230/sqft |
Source: Space Coast AOR #1043269 Report a problem | ||
| 2/2/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 1/16/2022 | Price change | $299,900+3.4%$192/sqft |
Source: Space Coast AOR #921439 Report a problem | ||
| 11/26/2021 | Listed for sale | $289,900$186/sqft |
Source: Space Coast AOR #921439 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,152 0% | $208,280 -4.4% |
| 2024 | $3,153 -10.6% | $217,760 -10.6% |
| 2023 | $3,528 +31.1% | $243,460 +33.3% |
| 2022 | $2,691 +209.2% | $182,700 +235.5% |
| 2021 | $870 +5.5% | $54,460 +1.4% |
| 2020 | $825 +6.9% | $53,710 +2.3% |
| 2019 | $772 | $52,510 +1.9% |
| 2018 | $772 +0.2% | $51,540 +2.1% |
| 2017 | $770 +0.3% | $50,480 +2.1% |
| 2016 | $768 0% | $49,450 +0.7% |
| 2015 | $768 -0.1% | $49,110 +0.8% |
| 2014 | $769 | $48,720 -12.3% |
| 2013 | -- | $55,570 +17.7% |
| 2012 | $394 -12.6% | $47,200 -7.1% |
| 2011 | $451 -9% | $50,810 -25.3% |
| 2010 | $496 +13.7% | $68,010 -32.3% |
| 2009 | $436 0% | $100,460 -19% |
| 2008 | $436 -77.8% | $124,000 -4.1% |
| 2007 | $1,967 -6.1% | $129,300 +33.2% |
| 2005 | $2,095 +23% | $97,040 +22.9% |
| 2004 | $1,703 +12.3% | $78,950 +14% |
| 2003 | $1,516 +8.3% | $69,250 +15.7% |
| 2002 | $1,400 +22.6% | $59,860 +8.5% |
| 2001 | $1,142 +9.5% | $55,160 +8.2% |
| 2000 | $1,043 | $50,960 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Angel City
Nearby schools
GreatSchools rating
- 8/10Tropical Elementary SchoolGrades: PK-6Distance: 2.1 mi
- 7/10Thomas Jefferson Middle SchoolGrades: 7-8Distance: 1.4 mi
- 5/10Merritt Island High SchoolGrades: PK,9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Tropical
- Middle: Jefferson
- High: Merritt Island
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Brevard County
- Merritt Island
- 32952
- Angel City
- 1240 Colby Ln
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Merritt Island Topics
