David Ramirez
$3,200,000$3,950,0005 bd3.5 ba4,267 sqft$750 /sqft$19,566 /mo all-in ↓

9340 S TROPICAL TRAIL, MERRITT ISLAND, FL, 32952

Active481 days on marketListed Apr 16, 2025MLS #O6300621

Reduced $750KPrivate poolSingle Family ResidenceSANDERS SUB

About this home

9340 S TROPICAL TRAIL

Once in a great while a property comes on the market that is so thoughtfully crafted, meticulously designed, and captures the beauty of a Bygone era the moment you step onto her grounds. Such is the case with 9340 S. Tropical Trail. This magnificent estate, inspired by the villas in Florence, Tuscany & Venice, instantly transports you to the heart of Italy. Located on Merritt Island's coveted South Tropical Trail, this 5-bedroom, 4-bath masterpiece spans over 2.24 river-to-river acres, with both Banana & Indian River frontage. Every detail—from the hand-painted tile plaques by Ruiz Gil, to the black-bottom pool with Italian stone fountains—was curated to evoke the romance and grandeur of old-world Europe. Soaring ceilings, a wrought-iron gated entrance, a Diana the Huntress statue & mature mango trees offer a sense of timeless serenity. With a deep-water dock, new terracotta tile roof, & craftsmanship you can feel in every inch, this estate isn't just a home—it's a legacy. Driving through the handcrafted iron gates down the mature canopied oak Drive, feels as though this home has been lifted from the rolling hills of Florence and lovingly placed along Merritt Island's most scenic stretch of riverfront. Thoughtfully designed to reflect a 200-year-old Italian villa, this private estate offers 120 feet on the Banana River and 115 feet on the Indian River. The two-story, solid concrete block structure is as enduring as it is beautiful, with a new terracotta clay tile roof (2022), copper gutters, and elegant stonework framed by stucco and wrought iron accents. The home's interiors are equally unforgettable. Step through the custom mahogany double doors and you're met with classic black and white marble floors, a soaring 11-foot ceiling, and a custom Italian chandelier that sets the tone for the artistry found throughout. Travertine and marble floors span the main living areas, while neutral carpet warms the bedrooms. The dining room is graced by a massive, hand-painted Renaissance-style mural. Custom hand-painted azulejos from Spain serve as a backsplash in the chef's kitchen, which also features stainless steel SubZero, GE, & Thermador appliances, a large island with a prep sink, and a walk-in pantry with a Renaissance-style door. Primary suite is a retreat of its own, with an oversized layout with sitting area, and a private balcony adorned with hand-painted tile plaques imported from Spain. The ensuite bath is anchored by a soaker tub framed by a fresco-style painting, along with quartz vanities and Italian mirrors. Outside, the loggia with twin pergolas, is draped in flowering bougainvillea, offering the perfect spot to unwind beside the pool and Italian fountains. A covered dock with a 10,000 lb boat lift, electric, and water access adds a practical touch to this dreamlike setting. Additional exterior features include old Chicago brick walkways, elastomeric paint with custom lime washing, hurricane shutters, and landscape lighting throughout. Mechanically, the home is fully outfitted for modern living: dual Trane XL AC units, a deep well and full irrigation system, updated pool equipment, security system, and reinforced garage doors with automatic openers. This is more than a home, it's a sanctuary built to inspire and endure. Whether you're entertaining on the riverside terrace, harvesting mangos from the mature fruit trees, or simply watching the sunset from your dock, every moment here feels like a timeless escape.

Facts & features

The home at a glance

5

Bedrooms

3.5

Bathrooms

4,267

Sqft

2.24 ac

Lot size

2

Garage

2001

Year built

Two

Levels

$750

Per sqft

Private poolFireplacePets allowed

Inside

FlooringCarpet · Marble · Other
AppliancesDishwasher · Disposal · Dryer · Microwave · Range · Refrigerator · Washer
InteriorBuilt-in Features · Cathedral Ceiling(s) · Open Floorplan · Split Bedroom · Vaulted Ceiling(s) · Walk-In Closet(s)
LaundryInside
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofTile
ConstructionBlock · Stucco
FoundationBlock
FacesWest
ExteriorGarden · Hurricane Shutters

Community & fees

Taxes (2024)$11,262/yr
PetsYes

Utilities & systems

UtilitiesElectricity Connected · Sewer Connected
WaterPublic

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%

Principal & interest$17,267
PMI (est., until 20% equity)$1,200
Property tax — 2024 actual bill$939
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $320,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $320,000
Interest rate6.00%
Loan term

Estimated payment

$19,566/mo

Principal & interest$17,267
PMI (est., until 20% equity)$1,200
Property taxes (actual bill)$939
Est. insurance$160

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.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Merritt Island actives

$750 vs $258

Days on market

481 vs 55 typical

Where $750/sqft sits among the 43 Merritt Island actives

20
13
4
2
2
2 · this home
$149–249$249–349$349–450$450–550$550–650$650+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Merritt Island

Map of 9340 S TROPICAL TRAIL

Drive times from this address

Orlando Int’l Airport (MCO)62 min
Downtown Orlando69 min

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

ElementaryTropical Elementary School★★★★★
MiddleThomas Jefferson Middle School★★★★
HighMerritt Island High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Merritt Island market

Seller’s marketSeller’s market2.6 months of inventoryBuyer’s market

$430K$607K

Merritt Island median sold, yr/yr

97.1%

Sale-to-list ratio (12 mo)

23 of 43

Merritt Island actives have cut their price

Median sold price, Merritt Island, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 402% above the MERRITT ISLAND 32952 median. See the full Merritt Island market guide →

Paper trail

This home's history

CurrentPrice reduced to $3,200,000 $750K
Apr 16, 2025Listed at $3,950,000 · 481 days on market since
2001Built · SANDERS SUB

Reality check

What actually sold near 9340 S TROPICAL TRAIL

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

798 HAWKSBILL ISLAND DRIVESold · Jan ’26

$1,200,000

798 HAWKSBILL ISLAND DRIVE

4 bd · 2 ba · 3,628 sqft · $331/sqft · 0 DOM

4147 N US HIGHWAY 1 HIGHWAYSold · Dec ’25

$1,250,000

4147 N US HIGHWAY 1 HIGHWAY

4 bd · 3 ba · 3,020 sqft · $414/sqft · 15 DOM

240 LANSING ISLAND DRIVESold · Mar ’26

$3,205,000

240 LANSING ISLAND DRIVE

5 bd · 7 ba · 6,785 sqft · $472/sqft · 139 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 9340 S TROPICAL TRAIL — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 9340 S TROPICAL TRAIL — 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.

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Straight answers

9340 S TROPICAL TRAIL FAQs

What would the monthly payment be for 9340 S TROPICAL TRAIL?+

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 9340 S TROPICAL TRAIL?+

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.

Are pets allowed at 9340 S TROPICAL TRAIL?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Merritt Island?+

At $3,200,000, this home is listed about 457% above the Merritt Island median of $574,900. The market section on this page shows how the area is trending.

Which schools are assigned to 9340 S TROPICAL TRAIL?+

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 402% above the MERRITT ISLAND 32952 median — but at 4,267 sqft it's also nearly twice the size of the typical Merritt Island listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Time on market is leverage

481 days on market against a Merritt Island median of 55 — 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 INT'L REALTY · Michelle Farr. MLS #O6300621.

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 Stellar MLS.

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