About This Home

This 4-bedroom, 0-bathroom multi-family at 347 W Merritt Avenue in Merritt Island, FL is listed for $389,000 ($173 per sqft). Built in 1957, the home offers 2,243 sqft of living space on a 0.38 acres lot.

Key Features

  • Built in 1957
  • 0.38 acre lot
  • 4 parking spaces

Property Details

1 story
4 spaces
1957

Amenities

A/C
Listing Description

Exciting Investment Opportunity! Formerly a triplex, this property has been converted into a duplex but can effortlessly revert to its original triplex configuration. In its triplex layout, it offers a variety of units: a spacious 2-bedroom, 1-bath unit, a cozy 1-bedroom, 1-bath unit, and a large 1-bedroom, 1-bath unit.

Conveniently located less than two miles from all schools and just blocks away from Mila Elementary, it also boasts proximity to shopping and restaurants. Don't overlook this exceptional chance for income generation!

Monthly Cost Estimate

$2,080/mo

20% down · 6.5% · 30 years

Principal$281
Interest$1,686
Insurance$113

Estimates only. Actual payments may vary.

Location

347 W Merritt Avenue

Merritt Island, FL 32953

Merritt Park Place

Property Details

Flooring

TileVinylCarpet

Construction

Block

Parking

GuestCarport

Heating

CentralVaries by Unit (Heating)

Cooling

Central AirWall/Window Unit(s)Varies by UnitElectricWindow Unit(s)

Appliances

Gas OvenGas RangeRefrigerator

Questions & Answers

This 4-bedroom, 0-bathroom multi-family at 347 W Merritt Avenue is listed at $389,000 ($173/sqft). The estimated monthly payment is $2,080 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 0.38 acre lot, 4 parking spaces.

This property is listed by Leon McDaniel.

LM

Leon McDaniel

Agent at Michelle Daignault-Ives

Listed by Michelle Daignault-Ives · Broker phone: (321) 453-2151 · View on Broker Site · Broker website

MLS# 1006381· Source: Space Coast Association of Realtors· 977 days on PropertySimple

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

347 W Merritt Avenue, Merritt Island, FL 32953

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