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Sold for $3,700,000
  • $3,700,000

    5655 S Tropical Trl, Merritt Island, FL 32952

    4beds
    3,671sqft
    Single Family Residence
    Built in 1956
    10.6 Acres Lot
    $4,003,100 Zestimate®
    $1,008/sqft
    $7,141 Estimated rent

    Home value

    $4,003,100

    $3.48M - $4.64M

    $7,141/mo

    Zestimate® history
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    What's special

    Welcome to Rivertime!!! An epic 10.6 acre riverfront equestrian estate w/ 525 ft of Riverfront. Drive down your private gated driveway under a canopy of oaks, palms, and towering pines, past the 1-mile of winding trails, through the 6 horse paddocks. This vast property has 2 deep wells & pumps to irrigate its acres of lawn. The horse barn is in fantastic condition, has 6 stalls, a feed room, tack room, wash & grooming areas. The barn roof is new & the solar panel on it are less than 2 years old. The property has a total of 60 solar panels reducing the previous $500+ power bill to $150. The main house also has a new roof, & the solar panels are less than a year old. Wherever you sit in the home, you can see the Indian River. Open the sliding glass doors & listen to the water gently lap up against the seawall. Enjoy coffee or some morning yoga on the composite deck while watching the dolphins swim by. The kitchen is stocked with stainless steel appliances, gas cook top, granite count, a Subzero fridge, and of course, an amazing view of the river. The split floor plan has 2 bedrooms on the ground floor & the 3rd upstairs with an attached office space. The 2nd structure has a studio apartment which could be used for guests or a groundskeeper; a 2-car garage, 2 workshops, & covered tractor parking. The raised concrete pool is deep, almost 20,000 gallons, & surrounded by lush tropical foliage giving lots of additional privacy to this already highly private and unique piece of the old Florida lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Leigh Hinton 321-536-4600,

    Blue Marlin Real Estate

    Bought with:

    Louie Polsinelli, 3030685

    D. Basile Real Estate, LLC

    Source: Space Coast AOR,MLS#: 1003986

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Other
    • Level: Main
    • Area: 0
    • Dimensions: 0.00 x 0.00
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Electric Oven, Electric Range, Gas Cooktop, Microwave, Refrigerator, Water Softener Owned
    • Laundry: Electric Dryer Hookup, Lower Level, Sink, Washer Hookup
    Features
    • Breakfast Bar, Built-in Features, Butler Pantry, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
    • Flooring: Carpet, Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,671 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Detached, Garage, Garage Door Opener, Gated
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Deck, Patio, Porch, Screened
    • Exterior features: Boat Slip, Dock, Outdoor Shower, Boat Lift, Boat Ramp - Private, Storm Shutters
    • Has private pool: Yes
    • Pool features: Fenced, Other
    • Fencing: Chain Link,Wood
    • Has view: Yes
    • View description: River, Trees/Woods, Water, Intracoastal
    • Has water view: Yes
    • Water view: River,Water,Intracoastal
    • Waterfront features: Navigable Water, River Access, River Front, Seawall, Intracoastal, No Fixed Bridges
    • Body of water: Indian River
    Lot
    • Size: 10.60 Acres
    • Features: Many Trees, Sprinklers In Front, Sprinklers In Rear, Wooded, Other
    Details
    • Additional structures: Barn(s), Boat House, Grain Storage, Guest House, Shed(s), Stable(s), Workshop
    • Additional parcels included: 2605700
    • Parcel number: 2637060000006.00000.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco, Wood Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public, Well
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Not Available, Water Connected, Propane

    Community & neighborhood

    Security
    • Security features: Security Gate, Smoke Detector(s)
    Location
    • Region: Merritt Island
    • Subdivision: None

    Other

    Other facts
    • Listing terms: Cash,Conventional,Owner May Carry
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/22/2024Sold$3,700,000-6.3%$1,008/sqft
    Source: Space Coast AOR #1003986 Report a problem
    7/1/2024Pending sale$3,950,000$1,076/sqft
    Source: Space Coast AOR #1003986 Report a problem
    4/29/2024Contingent$3,950,000$1,076/sqft
    Source: Space Coast AOR #1003986 Report a problem
    2/5/2024Listed for sale$3,950,000-12.2%$1,076/sqft
    Source: Space Coast AOR #1003986 Report a problem
    12/15/2023Listing removed$4,500,000$1,226/sqft
    Source: Space Coast AOR #957169 Report a problem
    2/17/2023Listed for sale$4,500,000+28.6%$1,226/sqft
    Source: Space Coast AOR #957169 Report a problem
    5/1/2019Listing removed$3,500,000$953/sqft
    Source: Coldwell Banker Residential Real Estate - Melbourne #828572 Report a problem
    11/1/2018Listed for sale$3,500,000+332.1%$953/sqft
    Source: Coldwell Banker Residential Real Estate - Melbourne #828572 Report a problem
    9/2/1998Sold$810,000$221/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$32,885 +115.3%$2,635,660 +113.6%
    2024$15,272 +0.2%$1,233,870 +2.8%
    2023$15,247 +5.9%$1,200,060 +2.6%
    2022$14,395 -5.7%$1,170,190 +3.2%
    2021$15,261 -0.5%$1,133,800 +1.2%
    2020$15,344 +0.7%$1,120,590 +3.2%
    2019$15,234 $1,085,420 +1.8%
    2018$15,234 -0.9%$1,065,850 +1.8%
    2017$15,366 -2.2%$1,046,770 +2%
    2016$15,708 -2.5%$1,026,380 -9.4%
    2015$16,103 -12.1%$1,132,250 +3.3%
    2014$18,314 $1,096,220 -5.4%
    2013-- $1,158,720 +1.3%
    2011$18,318 -31.6%$1,144,070 -43.7%
    2010$26,778 +7%$2,032,730 -20.5%
    2007$25,028 -9.8%$2,555,930 +15%
    2005$27,748 +2.1%$2,222,160 +39.1%
    2004$27,168 +48.3%$1,597,770 +53.3%
    2000$18,314 $1,042,270

    Find assessor info on the county website

    Neighborhood: 32952

    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
    $4,003,100
    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
    $4,003,100