$51,000
Merritt Island, FL 32953
MLS# 896717
Status: Closed
2 beds | 1 baths | 775 sqft
1 / 5
Property Description
Central Merritt Island, 2 Bedroom, 1 Bath Condo on the first floor, END UNIT. This is a great investment. All tile floors throughout the condo for easy maintenance. Condo Association fee is only $174/month which includes water/sewer, insurance on the exterior of the building, roof and pool maintenance. Tenant pays their own utilities. Turn key investment. Cash only sale. Close to Schools, Shopping and just a 10 to 15 minute drive to the beach from this condo. Rents for $800 to $900.
Details
Maps
Location, Tax, and Legal
Unit Number: 318
Tax Account: 2420453
Parcel Number: 24-36-26-58-00000.0-0004.53
General County Location: Central
Elementary School: Mila
Middle School: Jefferson
High School: Merritt Island
Tax Annual Amount: 800.21
Tax Year: 2020
Tax Legal Description: COLONIAL ARMS CONDO UNIT 318 COLONIAL ARMS CONDO AS DESC IN ORB 2356 PG 2182 AND ALL AMENDMENTS THERETO.
Directions: From SR520 and Courtenay Pkwy in Merritt Isl. head north on Courtenay and make a u-turn at the bike shop. Right on Minna ln. Condos on right after curve.
General Property Information
Stories Total: 2
Bathrooms Half: 0
Living Area: 775
Living Area Source: Public Records
Building Area Total: 775
Lot Size Acres: 0.03
Lot Size Square Feet: 1307
Association YN: Yes
Association Fee: 174
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: COLONIAL ARMS CONDO
Garage YN: No
Property Use: 04 / CONDOMINIUM UNIT
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Senior Community YN: No
Water Body Access YN: No
Furnished: Unfurnished
Entry Level: 1
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 63.23
Sold Price/SqFt: 65.81
Bedrooms Total: 2
Bathrooms Total: 1
Bathrooms Full: 1
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: Central Merritt Island, 2 Bedroom, 1 Bath Condo on the first floor, END UNIT. This is a great investment. All tile floors throughout the condo for easy maintenance. Condo Association fee is only $174/month which includes water/sewer, insurance on the exterior of the building, roof and pool maintenance. Tenant pays their own utilities. Turn key investment. Cash only sale. Close to Schools, Shopping and just a 10 to 15 minute drive to the beach from this condo. Rents for $800 to $900.
Appliances
Electric Range: 1
Electric Water Heater: 1
Refrigerator: 1
Association Amenities
Management - Full Time: 1
Association Fee Includes
Insurance: 1
Sewer: 1
Water: 1
Closing Company Details
Closing Company Name: A1A Beachside Title Stephanie (321) 868-1554 a1abeachsidetitle@gmail.com
Closing Company Address: 1980 N Atlantic Ave STE 305, Cocoa Beach, FL 32931
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Air: 1
Flooring
Tile: 1
Heating
Central: 1
Levels
Two: 1
Listing Terms
Cash: 1
Pets Allowed
Yes: 1
Pool Features
None: 1
Road Surface Type
Asphalt: 1
Roof
Membrane: 1
Other: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Showing Requirements
Lockbox: 1
No Sign: 1
Showing Service: 1
Property Condition
Fixer: 1
Rental Restrictions
No Minimum: 1
Contract Information
Current Price: $51,000
Original List Price: 49000
Sold Price: $51,000
Status: Closed
Listing Contract Date: 2021-02-10
Property Sub Type: Condominium
Location Tax and Legal
Street Number: 180
Street Name: Minna
Street Suffix: Lane
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 251 - Central Merritt Island
Subdivision Name: Merritt Apartment Sites
Status Change Information
Major Change Timestamp: 2021-03-01T14:57:18Z
Major Change Type: Status Change
Status Change Timestamp: 2021-03-01
Purchase Contract Date: 2021-02-10
Close Date: 2021-02-26
Close Price: 51000
Property Features
Appliances: Electric Range; Electric Water Heater; Refrigerator
Association Amenities: Management - Full Time
Association Fee Includes: Insurance; Water
Construction Materials: Block; Concrete
Cooling: Central Air
Flooring: Tile
Heating: Central
Levels: Two
Listing Terms: Cash
Pets Allowed: Yes
Pool Features: None
Property Condition: Fixer
Rental Restrictions: No Minimum
Road Surface Type: Asphalt
Roof: Membrane; Other
Sewer: Public Sewer
Showing Requirements: Lockbox; No Sign; Showing Service
Special Listing Conditions: Standard
Water Source: Public
Listing Office: RE/MAX Aerospace Realty
Last Updated: June - 17 - 2026
Information is deemed to be reliable, but is not guaranteed.