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Sold for $255,000
  • $255,000

    388 Hibiscus Ave, Merritt Island, FL 32953

    --beds
    --baths
    1,440sqft
    Duplex
    Built in 1962
    -- sqft lot
    $310,700 Zestimate®
    $177/sqft
    $1,716 Estimated rent

    Home value

    $310,700

    $277,000 - $345,000

    $1,716/mo

    Zestimate® history
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    $1,687/mo

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    What's special

    This duplex is a 1440 square foot, multi family home. 100% leased with month to month leases. Ideal for investors seeking real estate in a bustling neighborhood.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andres Zapata 954-663-9320,

    Watson Land And Homes LLC

    Bought with:

    Andres Zapata, 3412412

    Watson Land And Homes LLC

    Source: Space Coast AOR,MLS#: 1010806

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,440 sqft

    Property

    Lot
    • Size: 0.28 Acres
    Details
    • Additional parcels included: 2442573
    • Parcel number: 2436352500000.00007.01
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Sewer Connected

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Merritt Island

    Financial & listing details

    • Price per square foot: $177/sqft
    • Tax assessed value: $194,400
    • Annual tax amount: $2,686
    • Date on market: 4/13/2024

    Price history

    DateEventPrice
    6/4/2026Listing removed$1,650$1/sqft
    Source: Space Coast AOR #1077901 Report a problem
    5/21/2026Listed for rent$1,650+65%$1/sqft
    Source: Space Coast AOR #1077901 Report a problem
    5/9/2024Sold$255,000+2%$177/sqft
    Source: Space Coast AOR #1010806 Report a problem
    4/23/2024Pending sale$250,000$174/sqft
    Source: Space Coast AOR #1010806 Report a problem
    4/13/2024Listed for sale$250,000+400%$174/sqft
    Source: Space Coast AOR #1010806 Report a problem
    11/14/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/13/2023Listed for rent$1,000$1/sqft
    Source: Zillow Rentals Report a problem
    8/28/2015Sold$50,000-28.6%$35/sqft
    Source: Public Record Report a problem
    3/10/1994Sold$70,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,607 +18.5%$194,400 +12.5%
    2024$3,043 +2%$172,800
    2023$2,985 +11.1%$172,800 +11.2%
    2022$2,686 +7.2%$155,400 +33.6%
    2021$2,505 +7.7%$116,310 +8%
    2020$2,326 +4.9%$107,700 +2.8%
    2019$2,219 $104,780 +4.8%
    2018$2,219 +10.9%$100,000 +26.6%
    2015$2,000 +2.2%$79,000 +5.3%
    2014$1,957 $75,000 +7.1%
    2013-- $70,000 -26.6%
    2012$1,243 -8%$95,420 +5.4%
    2011$1,351 -13.9%$90,520 -24.7%
    2010$1,570 +1.9%$120,180 -11.8%
    2009$1,541 -13.9%$136,270 -12.8%
    2008$1,790 $156,300
    Find assessor info on the county website

    Neighborhood: 32953

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mila
    • 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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    Estimated market value
    $310,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $310,700