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$4,275 Closing Credit¹
#1040392, Valeria Vega Cabral, Listing Office: Blue Marlin Real Estate
$359,000 List price
1240 Colby Ln Merritt Island, FL 32952
$4,263
Closing credit¹
4 beds
2 full
1,562 sqft
0.2 acres
$230 / sqft
House
Property details
About 1240 Colby Ln
Come check out this nicely updated home in Merritt Island featuring a great backyard that overlooks a non navigational canal teeming with wildlife. Home features and updated kitchen with SS appliances, tile flooring throughout, roof 2022, AC 2022 (Trane), hot water heater 2022. Great location and neighborhood, centrally located with several shops, restaurants, places of business only a few mins away, only 5 miles to world famous Cocoa Beach.
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Size1,562 sqft
Lot size0.2 Acres
Year built1967
ParkingOther
MLS #1043269
ViewCanal, Pond, Trees/Woods, Water
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
- Flooring Type: Tile
- Interior: Ceiling Fan(s),Open Floorplan,Primary Bathroom - Shower No Tub
- Total Bedroom Count: 4
- Attached Garage: No
- Parking: Other
- View: Canal, Pond, Trees/Woods, Water
- Architectural Style: Ranch
- Heating: Electric
- Cooling: Central Air
- List Price: $359,000
- Price/SqFt: $229
- Annual Tax Amount: $3,528
- Tax Year: 2023
- Lot: Sprinklers In Front, Sprinklers In Rear
- Directions: From SR 520 turn south on Newfound Harbor Dr. left on Randall, right on Colby
- Year Built: 1967
- Stories: 1
- Living Area: 1,562 SqFt
- Lot Size: 0.2 Acres
- MLS Number: 1043269
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: Blue Marlin Real Estate
- Office Phone: (321) 877-2902
- Office Email: chad@bluemarlinre.com
- Listing Agent: Eric Krall
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/13/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$359,000
1240 Colby Ln
$4,263
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $243,460 | $3,528 |
| 2022 | $182,700 | $2,690 |
| 2021 | $54,460 | $2,690 |
| 2020 | $53,710 | $824 |
| 2019 | $52,510 | $770 |
| 2018 | $51,540 | $768 |
| 2017 | $50,480 | $768 |
History based on county public records data.
Nearby schools
8
Tropical Elementary School
Public District KG-6
2.1 mi
•885 S Courtenay Pkwy
9
Theodore Roosevelt Elementary School
Public District KG-6
2.4 mi
•1400 Minutemen Cswy
8
Audubon Elementary School
Public District PK-6
3.0 mi
•1201 N Banana River Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,212. Typical income of Merritt Island, FL residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
31%
<35k
39%
35k-100k
18%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
6%
Single, with Kids
37%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
52%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Figure Skating
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Bob Evans
What do the neighbors drive?
Mazda
Lincoln
Oldsmobile
What do the neighbors listen to?
Rock
Classical
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1240 Colby Ln
The listing price of 1240 Colby Ln property is $359,000.
The property 1240 Colby Ln is a house located in Merritt Island, Florida, 32952.
Accepting Backup Offers: 1240 Colby Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1240 Colby Ln are: Tropical Elementary School (GreatSchools Rating 8/10), Theodore Roosevelt Elementary School (GreatSchools Rating 9/10), Audubon Elementary School (GreatSchools Rating 8/10), Jefferson Middle School (GreatSchools Rating 5/10), Ronald McNair Magnet School (GreatSchools Rating 3/10), Emma Jewel Charter Academy (GreatSchools Rating 2/10), Cocoa Beach Junior/Senior High School (GreatSchools Rating 6/10), Edgewood Jr/Sr High School (GreatSchools Rating 10/10), Merritt Island High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $3,528 (source: MLS/based on county public records data).
The property at 1240 Colby Ln has 4 bedrooms and 2 bathrooms.
The property 1240 Colby Ln is 1,562 SqFt (source: MLS/tax record).
The year of construction for 1240 Colby Ln is 1967.
This home is located at 1240 Colby Ln in Merritt Island, FL and zip code 32952 in the Harborview Cove neighborhood. This 1,562 square foot home, which was built in 1967, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $359,000.
In April 2025, from all listings sold in Merritt Island, FL there were more than 5 sold above asking price, over 54 sold below and more than 11 were sold right at the asked price. The inventory of homes for sale in Merritt Island, FL between March and April 2025 increased by 12.2%. While the average time on the market in April 2025 was 66 days, the median list price was $471,727.
From Rocket Homes Real Estate and based on county public records data.