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For sale
  • $490,000

    225 Richland Ave, Merritt Island, FL 32953

    4beds
    1,900sqft
    : 
    $3,119/mo
    Get pre-qualified
    Single Family Residence
    Built in 1964
    7,841 Square Feet Lot
    $478,000 Zestimate®
    $258/sqft
    $-- HOA

    What's special

    Waterfront lotModern finishesBeautifully updated gourmet kitchenPrivate outdoor spaceInviting waterfront accessSleek cabinetryDirect water access
    Stunning waterfront sanctuary on Merritt Island —whether you’re seeking an ideal forever home, a smart investment, or a short-term rental machine, this property checks every box. Beautifully renovated and offering approximately 2,100 sq ft of living space, this 4-bed, 2-bath home features modern finishes and a thoughtfully designed layout perfect for entertaining and everyday living. Brand new cabinets and counters, brand new tankless water heater (2025) updated vinyl waterproof flooring, fresh interior paint, Step inside to an open-plan family room and living zone where natural light floods the space and draws your attention to a beautifully updated gourmet kitchen—featuring sleek cabinetry, high-end appliances, and ample workspace for culinary creativity. Large windows and sliding glass doors frame the serene canal views, inviting the sunshine and tranquil water vistas into your home. In the private outdoor space—your very own waterfront lot—you’ll find a lushly landscaped setting built for both relaxing and recreation. The pool deck and covered patio overlook the tranquil canal with direct water access: ideal for boating, kayaking, fishing, or simply welcoming the Florida sun and coastal breezes. Whether you're unwinding with family or hosting friends, this home offers the kind of lifestyle many only dream about. Located in the heart of the Catalina Isle Estates Unit 2 neighborhood, you’re just minutes away from Merritt Island’s waterfront, beaches, nature preserves, and the vibrant amenities of Florida’s Space Coast. This is a destination address—close to Cocoa Beach, Port Canaveral, and the iconic Kennedy Space Center. The location not only provides outstanding living, but also tremendous investment potential. From an income standpoint: the short-term rental market in Merritt Island is strong. With 4 bedrooms, inviting waterfront access, and superb location, this home is not just a living space—it’s a ready-made revenue-generator. If you’ve been looking for a home that offers luxury, flexibility, and an unbeatable location, 225 Richland Ave is the one. Reach out today to schedule your private showing—there are homes like this, and then there are homes like THIS. Listing Agent Is Owner.
    137 days
    |
    1,702
    |
    150
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sam Rivera 321-261-9343,

    LPT REALTY, LLC 877-366-2213

    Source: Stellar MLS,MLS#: O6346730MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Coat Closet
      • Level: First
      Bedroom 2
      • Features: Coat Closet
      • Level: First
      Bedroom 3
      • Features: Coat Closet
      • Level: First
      Bathroom 1
      • Level: First
      Bathroom 4
      • Level: First
      Bathroom 4
      • Level: First
      Kitchen
      • Level: First
      Kitchen
      • Level: First
      Laundry
      • Level: First
      Living room
      • Level: First
      Heating
      • Natural Gas
      Cooling
      • Central Air, Ductless
      Appliances
      • Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
      • Laundry: Common Area, Corridor Access, Gas Dryer Hookup, Washer Hookup
      Features
      • Kitchen/Family Room Combo
      • Flooring: Ceramic Tile, Vinyl
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 2,100
      • Total interior livable area: 1,900 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Private Mailbox, Sidewalk, Storage
      • Has private pool: Yes
      • Pool features: Other
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Front, Brackish Canal Access, Lift
      Lot
      • Size: 7,841 Square Feet
      Details
      • Parcel number: 24 36260384
      • Zoning: 0110
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Propane, Public, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: CATALINA ISLE ESTATES UNIT 2
      HOA
      • Has HOA: No
      Location
      • Region: Merritt Island

      Financial & listing details

      • Price per square foot: $258/sqft
      • Tax assessed value: $344,410
      • Annual tax amount: $4,633
      • Date on market: 9/25/2025
      • Cumulative days on market: 285 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $478,000

        $454,000 - $502,000

        $3,411/mo

        Price history

        DateEventPrice
        3/22/2026Price change$490,000-7.5%$258/sqft
        Source: Stellar MLS #O6346730 Report a problem
        3/8/2026Listed for sale$530,000$279/sqft
        Source: Stellar MLS #O6346730 Report a problem
        2/20/2026Listing removed$530,000$279/sqft
        Source: Stellar MLS #O6346730 Report a problem
        2/17/2026Price change$530,000-1.7%$279/sqft
        Source: Stellar MLS #O6346730 Report a problem
        1/13/2026Price change$539,000-0.9%$284/sqft
        Source: Stellar MLS #O6346730 Report a problem
        11/10/2025Price change$544,000-0.9%$286/sqft
        Source: Stellar MLS #O6346730 Report a problem
        9/25/2025Listed for sale$549,000+25.1%$289/sqft
        Source: Stellar MLS #O6346730 Report a problem
        8/25/2023Sold$439,000$231/sqft
        Source: Space Coast AOR #968198 Report a problem
        7/16/2023Contingent$439,000$231/sqft
        Source: Space Coast AOR #968198 Report a problem
        7/11/2023Price change$439,000-4.4%$231/sqft
        Source: Space Coast AOR #968198 Report a problem
        6/24/2023Listed for sale$459,000+15%$242/sqft
        Source: Space Coast AOR #968198 Report a problem
        5/24/2023Listing removed--
        Source: Space Coast AOR #947679 Report a problem
        3/26/2023Contingent$399,000$210/sqft
        Source: Space Coast AOR #947679 Report a problem
        3/24/2023Listed for sale$399,000$210/sqft
        Source: Space Coast AOR #947679 Report a problem
        3/16/2023Contingent$399,000$210/sqft
        Source: Space Coast AOR #947679 Report a problem
        3/13/2023Price change$399,000-10.7%$210/sqft
        Source: Space Coast AOR #947679 Report a problem
        2/15/2023Price change$447,000-3.9%$235/sqft
        Source: Space Coast AOR #947679 Report a problem
        1/3/2023Listed for sale$465,000$245/sqft
        Source: Space Coast AOR #947679 Report a problem
        12/2/2022Listing removed--
        Source: Space Coast AOR #947679 Report a problem
        10/7/2022Listed for sale$465,000+75.5%$245/sqft
        Source: Space Coast AOR #947679 Report a problem
        5/1/2019Sold$265,000-10.2%$139/sqft
        Source: Space Coast AOR #831395 Report a problem
        3/25/2019Pending sale$295,000$155/sqft
        Source: Seaside Realty of Brevard #831395 Report a problem
        2/14/2019Price change$295,000-1.6%$155/sqft
        Source: Seaside Realty of Brevard #831395 Report a problem
        1/10/2019Price change$299,900-7.4%$158/sqft
        Source: Seaside Realty of Brevard #831395 Report a problem
        12/6/2018Price change$324,000+9.8%$171/sqft
        Source: Seaside Realty of Brevard #831395 Report a problem
        4/17/2013Listed for sale$295,000+247.1%$155/sqft
        Source: Prudential Star Real Estate #665603 Report a problem
        7/21/1993Sold$85,000$45/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,782 -0.9%$344,410 -4%
        2024$4,826 +67.6%$358,800 +57.9%
        2023$2,879 +7.2%$227,270 +3%
        2022$2,686 -4.1%$220,660 +3%
        2021$2,802 +1%$214,240 +1.4%
        2020$2,773 -16.3%$211,290 -2.7%
        2019$3,312 $217,160 +16.2%
        2018$3,312 +8.5%$186,850 +7.5%
        2017$3,054 +4.1%$173,770 +12.7%
        2016$2,935 +5.4%$154,180 +10.3%
        2015$2,783 +2.9%$139,780 +10%
        2014$2,706 $127,080 +6.3%
        2013-- $119,590 +13.9%
        2012$1,866 +50.5%$105,030 -3%
        2011$1,240 +7.8%$108,330 -15.4%
        2010$1,150 +9.4%$128,050 -11.6%
        2009$1,052 +0.1%$144,800 -24.9%
        2008$1,051 -11.2%$192,900 -24.4%
        2007$1,184 -5.8%$255,000 +27.2%
        2005$1,256 -0.2%$200,480 +31.2%
        2004$1,258 -2.8%$152,850 +25.3%
        2003$1,294 +2.2%$122,020 +11.8%
        2002$1,266 +2.7%$109,180 +16.4%
        2001$1,232 +9.3%$93,820 +9.8%
        2000$1,128 $85,440
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 32953

        Getting around

        45 / 100
        Car-Dependent
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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