For SaleNeutral Deal15 days on market
4170 S Tropical Trl
4170 S Tropical Trl, Merritt Island, FL 32952, Merritt Island, FL 32952
$1,599,000
Listing Price
4170 S Tropical Trl, Merritt Island, FL 32952
Loc: Merritt Island, FL
Days Listed
15
Tax Assessed
$874k
Lot Size
1.45 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Tropical Elementary School
PK-6
4.3 mi away
7
Thomas Jefferson Middle School
7-8
3.7 mi away
5
Merritt Island High School
PK,9-12
6.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonial revivalstucco exteriortwo-storysymmetrical facadearched entrywaythree-car garagecircular drivewayfountain featureluxury homecurb appeallandscaped gardenshingle roofelegant
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.26%
Total ROI
94.8%
Cash Flow
$39/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $39/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Merritt Island
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-10 | Listed for sale | $1,599,000 | $560 |
| 2026-02-23 | Sold | $772,400 | $271 |
| 2026-02-20 | Pending sale | $850,000 | $298 |
| 2026-01-15 | Contingent | $850,000 | $298 |
| 2026-01-05 | Listed for sale | $850,000 | $298 |
| 2020-02-04 | Listing removed | $0 | – |
| 2020-01-14 | Listed for sale | $0 | – |
| 2000-11-17 | Sold | $45,000 | $16 |
| 1999-04-16 | Sold | $50,000 | $18 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,803.78 | $519,630 |
| 2024 | $6,394.2 | $504,990 |
| 2023 | $6,354.38 | $490,290 |
| 2022 | $5,951.06 | $476,010 |
| 2021 | $6,272.74 | $462,150 |
| 2020 | $6,231 | $455,770 |
| 2019 | $6,210.81 | $445,530 |
| 2018 | $6,210.81 | $437,230 |
| 2017 | $6,247.35 | $428,240 |
| 2016 | $6,344.49 | $419,440 |
| 2015 | $6,482.1 | $416,530 |
| 2014 | $6,699.24 | $413,230 |
| 2013 | $0 | $424,620 |
| 2012 | $6,425.25 | $400,330 |
| 2011 | $6,634.11 | $411,740 |
| 2010 | $7,099.2 | $472,370 |
| 2009 | $7,707.8 | $537,800 |
| 2008 | $9,156.8 | $631,000 |
| 2007 | $9,820.56 | $669,000 |
| 2005 | $9,854.47 | $616,810 |
| 2004 | $7,850.92 | $499,920 |
| 2003 | $8,071.57 | $459,480 |
| 2002 | $8,049.12 | $379,160 |
| 2001 | $5,795.19 | $317,740 |
| 2000 | $5,289.02 | $283,280 |
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