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
- 96 days |
- 878 |
- 82 |
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
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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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A local agent can set up tours, give advice and negotiate with sellers.
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