10040 Tropical Trail S, Merritt Island, FL 32952

$1,280,000

Property Type: Land Lot Size (sq. ft.): 129,808 Status: Closed

Current Price: $1,280,000 List Date: 3/15/2016 Last Modified: 8/12/2026

Overview

Description

AMAZING AND RARE OPPORTUNITY to purchase one of the last remaining large RIVER TO RIVER parcels between Mathers Bridge and Pineda Causeway with deep water on BOTH SIDES. 2.98 acres river to river. Approximately 160 feet Indian River frontage AND 154 feet Banana River frontage. Incredible oak hammock area in center of property. The initial mangrove trimming on the Banana River was performed by a local arborist in July 2015 and 30% more of the existing height can be removed in July 2016. With a final trimming in July 2017, the mangroves will be at the 6' above waterline height for beautiful views to the east. Survey attached above in Documents. The best of Old Florida with deep water on both rivers.

Listing Details MLS# 749288

General Property Information

Number Of Lots: Yes
Lot Size Acres: 2.98
Lot Dimensions Source: Public Records
Lot Size Square Feet: 129808
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Frontage Feet: 314
Senior Community YN: No
List Price/Acre: 503020.13
Sold Price/Acre: 429530.2

Property Features

Current Use: Residential Listing Terms: Cash; Conventional Road Surface Type: Paved Sewer: Septic Tank Showing Requirements: Call Listing Agent Special Listing Conditions: Standard Utilities: Cable Available; Water Available Waterfront Features: River Front Contingency Reason: Inspection; Other

Contract Information

Original List Price: 1499000
Listing Contract Date: 2016-03-15
Property Sub Type: Unimproved Land

Location Tax and Legal

Street Number: 10040
Street Name: Tropical
Street Suffix: Trail
Street Direction Suffix: S
County: Brevard
State: FL
Postal Code: 32952
MLS Area Major: 355 - Merritt Island S of Pineda
Subdivision Name: Stewarts Homestead

Remarks and Miscellaneous

Public Remarks: AMAZING AND RARE OPPORTUNITY to purchase one of the last remaining large RIVER TO RIVER parcels between Mathers Bridge and Pineda Causeway with deep water on BOTH SIDES. 2.98 acres river to river. Approximately 160 feet Indian River frontage AND 154 feet Banana River frontage. Incredible oak hammock area in center of property. The initial mangrove trimming on the Banana River was performed by a local arborist in July 2015 and 30% more of the existing height can be removed in July 2016. With a final trimming in July 2017, the mangroves will be at the 6' above waterline height for beautiful views to the east. Survey attached above in Documents. The best of Old Florida with deep water on both rivers.

Status Change Information

Major Change Timestamp: 2016-07-29T13:02:33Z
Major Change Type: Status Change
Status Change Timestamp: 2016-07-29
Contingency: Active Under Contract
Purchase Contract Date: 2016-05-12
Close Date: 2016-07-29
Close Price: 1280000

More Information

Historical Information

Public Historical Remarks 3: Frontage Description: State Road, Number of Lots: 1.00

Location, Tax, and Legal

Tax Account: 2611702
Parcel Number: 26-37-33-Dw-*-7.01
General County Location: South
Elementary School: Ocean Breeze
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 13299
Tax Year: 2015
Tax Legal Description: 26 3733DW 701 S 10040 TROPICAL TRL STEWARTS HOMESTEAD MERRITT ISLAND N 71.1 FT OF LOT 7 & S 78.9 FT OF LOT 8
Directions: From Mather's Bridge, North on South Tropical Trail to 10040

Currently Not Used

Pool Private YN: No

Current Use

Residential: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Surface Type

Paved: Yes

Sewer

Septic Tank: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Available: Yes
Water Available: Yes

Waterfront Features

River Front: Yes

Showing Requirements

Call Listing Agent: Yes

Contingency Reason

Inspection: Yes
Other: Yes

Listing Office: Dreyer & Associates R.E. Grp.

Last Updated: August - 12 - 2026

Information is deemed to be reliable, but is not guaranteed.