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For SaleCondominium
$190K
225 S Tropical Trail #506, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Sunset Bay A Condominium
1
Bedrooms
1
Bathrooms
719
Sq Ft
1986
Year Built
$264 /sqft

About This Property

Description from listing agent

RIVER VIEWS FROM EVERY WINDOW OF THIS BEAUTIFULLY FULLY-RENOVATED CONDO; QUARTZ COUNTERTOPS, NEW CABINETRY & NEWER STAINLESS STEEL APPLIANCES; NEW LAMINATE THROUGHOUT; ALL IMPACT WINDOWS EXCEPT BEDRM WINDOW; BATHROOM FEATURES TILED SHOWER AND GRANITE-TOPPED VANITY; FULL-SIZED WASHER & DRYER IN LAUNDRY RM IN UNIT!! SUNROOM IS WINDOWED IN AND IS LIGHT & BRIGHT--PERFECT FOR OFFICE, WORKOUT AREA OR SITTING AREA; WOODBURNING FIREPLACE; WALK-IN CLOSET & TONS OF STORAGE IN UNIT! THIS IS MOVE-IN READY AND IS READY FOR IMMEDIATE OCCUPANCY; UP TO 2 CATS/DOGS ALLOWED; RENTAL MINIMUM 3 MONTHS; EXTRA STORAGE AREA FOR KAYAKS, BOATS, TRAILERS; LAUNCH YOUR KAYAK FROM THE DECK AND ENJOY THE DOLPHINS & MANATEES! PERFECT LOCATION--CLOSE TO 520, COCOA VILLAGE, MERRITT SQ MALL; SCHOOLS, MAIN ROADS; SUNSET BAY IS BEAUTIFULLY MAINTAINED--ENJOY THE OLYMPIC SIZED POOL, CLUBHOUSE, GYM, HOT TUB-- ALL WITH MATURE TREES & RIVER VIEWS; SUPER EASY TO SHOW!

Space Coast Context

🚀 Launch Viewing — Great Views

16.4 mi from SLC-40

16.4 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
KSC11.9 mi~27 min
Boeing/KSC12 mi~27 min
SpaceX12.4 mi~28 min
Lockheed12.7 mi~28 min
Blue Origin13.1 mi~29 min
Northrop16.3 mi~36 min
L3Harris18 mi~40 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 4/15/26
    Listed
    $190K
    $264/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.06 acres (2,614 sqft)
Full Baths
1
Fireplaces
1
HOA Fee
$366.47/mo
Waterfront
Indian River
Days on Market
65
MLS Area
253 - S Merritt Island

Community & HOA

HOA

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Apr 16, 2026
Parcel #
24-36-35-00-00506.U-0000.00
$190K

Listing Agent (for property info)

K
Karen Horak
RE/MAX Aerospace Realty
321-544-0939
Call Listing Agent

Estimated Monthly Payment

$1,707/mo
Principal & interest
$1,001
Property taxes
$190
Insurance & HOA
$516

Based on a 6.90% rate, 30-year loan, and $190K price — down payment shown: $37,980.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1074774

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Equal Housing Opportunity

MLS# 1074774 · Listing Broker: RE/MAX Aerospace Realty · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.