, MERRITT ISLAND, FL, 32952
Active457 days on marketListed Apr 22, 2025MLS #A11788522
About this home
Once in a great while, a home captures the elegance of a bygone era—welcome to 9340 S. Tropical Trail. Inspired by the villas of Tuscany and Venice, this 5-bed, 4-bath estate sits on 2.24 river-to-river acres with frontage on both the Banana and Indian Rivers. A solid concrete block structure with a 2022 terracotta tile roof, copper gutters, and timeless details like hand-painted Spanish tiles, a Renaissance mural, and classic marble and travertine floors. Enjoy a black-bottom pool, Italian fountains, loggia with pergolas, and deep-water dock. Modern upgrades blend seamlessly with old-world charm. A true legacy estate.
Facts & features
The home at a glance
5
Bedrooms
3.5
Bathrooms
2
Garage
2001
Year built
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$19,566 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$19,566/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Merritt Island
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Merritt Island. See the full Merritt Island guide →
MERRITT ISLAND 32952 — neighborhood snapshot
Population
21,354
Median age
50.4
Median income
$98,651
Median home value
$404,000
Avg household
2.47
Households w/ children
1,920
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Merritt Island market
$430K → $607K
Merritt Island median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
Median sold price, Merritt Island, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 433% above the MERRITT ISLAND 32952 median. See the full Merritt Island market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
FAQs
What would the monthly payment be for ?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $19,566/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on ?+
The most recent tax bill on record (2024) was $11,262. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Merritt Island?+
At $3,200,000, this home is listed about 611% above the Merritt Island median of $449,900. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Tropical Elementary School (elementary), Thomas Jefferson Middle School (middle), Merritt Island High School (high) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$3,200,000 runs 433% above the MERRITT ISLAND 32952 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
457 days on market against a Merritt Island median of 51 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Tropical Elementary School, Thomas Jefferson Middle School, Merritt Island High School — Thomas Jefferson Middle School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $3,950,000, now $3,200,000 — a $750K cut. The full history is in the market section below.
Listing courtesy of One Sotheby's International · Stephanie Dandridge. MLS #A11788522.
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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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