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Sold for $374,000
  • $374,000

    550 E Merrimac Dr, Merritt Island, FL 32952

    4beds
    1,349sqft
    Single Family Residence
    Built in 1977
    7,840 Square Feet Lot
    $366,600 Zestimate®
    $277/sqft
    $2,503 Estimated rent

    Home value

    $366,600

    $334,000 - $403,000

    $2,503/mo

    Zestimate® history
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    What's special

    Beautifully updated 4 bedroom two bath home with updated kitchen cabinets, granite counters and newer appliances and vinyl plank flooring throughout. 2024 Roof with attached hurricane tie downs, new A/C & Ductwork 2024, new electrical panel, plumbing, and water heater. Both garage doors are hurricane rated. Garage is 525 sq ft. Screen room overlooking canal and separate patio with above ground pool! White vinyl fenced yard. This home has been well cared for and it shows! Backyard overlooks a canal. A perfect spot to enjoy a wonderful Florida sunrise and rocket launches. Excellent location, minutes from beaches, close to jobs, shopping, restaurants, schools, & Kennedy Space Center and all the Spacecoast has to offer! Orlando airport is just 45 minutes away,

    Zillow last checked:

    Listing updated:

    Listed by:

    Anna-May Smith 321-446-3418,

    Florida East Coast Real Estate

    Bought with:

    Anna-May Smith, 3028282

    Florida East Coast Real Estate

    Source: Space Coast AOR,MLS#: 1045170

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater
    Features
    • Flooring: Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,349 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Rear Porch
    • Has private pool: Yes
    • Pool features: Above Ground
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front
    • Body of water: Canal Non-Navigation
    Lot
    • Size: 7,840 Square Feet
    • Features: Few Trees
    Details
    • Additional parcels included: 2439305
    • Parcel number: 243731760000e.00055.00
    • Zoning description: Residential
    • Special conditions: Assessment Seller Pay

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Gateway Unit 2 Revised
    HOA
    • Has HOA: No
    Location
    • Region: Merritt Island

    Financial & listing details

    • Price per square foot: $277/sqft
    • Tax assessed value: $304,340
    • Annual tax amount: $3,293
    • Date on market: 5/6/2025
    • Listing terms: Cash,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/18/2025Sold$374,000-6.3%$277/sqft
    Source: Space Coast AOR #1045170 Report a problem
    6/17/2025Pending sale$399,000$296/sqft
    Source: Space Coast AOR #1045170 Report a problem
    5/29/2025Contingent$399,000$296/sqft
    Source: Space Coast AOR #1045170 Report a problem
    5/6/2025Listed for sale$399,000+47.8%$296/sqft
    Source: Space Coast AOR #1045170 Report a problem
    10/20/2021Sold$270,000-1.8%$200/sqft
    Source: Space Coast AOR #915888 Report a problem
    10/17/2021Pending sale$275,000$204/sqft
    Source: Space Coast AOR #915888 Report a problem
    10/3/2021Contingent$275,000$204/sqft
    Source: Space Coast AOR #915888 Report a problem
    10/3/2021Pending sale$275,000$204/sqft
    Source: Space Coast AOR #915888 Report a problem
    10/1/2021Price change$275,000-8.3%$204/sqft
    Source: Space Coast AOR #915888 Report a problem
    9/16/2021Listed for sale$299,900$222/sqft
    Source: Space Coast AOR #915888 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,495 +6.1%$274,060 +2.9%
    2024$3,293 +1%$266,340 +3%
    2023$3,262 +0.4%$258,590 -3.6%
    2022$3,247 +53.8%$268,230 +66.4%
    2021$2,111 +1.8%$161,150 +1.4%
    2020$2,073 +2.7%$158,930 +2.3%
    2019$2,018 $155,360 +1.9%
    2018$2,018 0%$152,470 +115.7%
    2017$2,019 +126%$70,670 +2.1%
    2016$893 -1%$69,220 +0.7%
    2015$902 -1%$68,740 +0.8%
    2014$911 $68,200 -7.2%
    2013-- $73,470 +11.2%
    2012$565 -2.1%$66,080 -2.1%
    2011$577 -0.3%$67,490 -15.3%
    2010$579 +6.9%$79,710 -29.7%
    2009$542 +0.1%$113,360 -15.4%
    2008$541 -18.8%$134,000 -12.6%
    2007$667 -5.9%$153,300 +6%
    2005$709 +21.1%$144,650 +57.4%
    2004$585 -1.3%$91,900 +13.3%
    2003$593 -2.6%$81,100 +19.4%
    2002$609 -2.8%$67,940 +6%
    2001$626 +4.6%$64,070 +16.4%
    2000$599 $55,040
    Find assessor info on the county website

    Neighborhood: Angel City

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $366,600
    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
    $366,600