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$370,000 -$5,000 (-1.33%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,562 Sq. Ft.
  • Updated 6 days ago
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Come see this beautifully updated home in Merritt Island featuring a spacious backyard overlooking a peaceful non-navigable canal filled with wildlife. Inside, you'll find an updated kitchen with stainless steel appliances, tile flooring throughout, and major system updates including a 2022 roof, 2022 Trane A/C, and 2022 hot water heater. The home is absolutely turn key, with all furniture included if buyer would like. Located in a great neighborhood, this centrally located home is just minutes from shopping, dining, and everyday conveniences. Would make a great Airbnb, vacation home, or forever home!

Full Property Details for 1240 Colby Ln

General

  • Price: $370,000
  • Taxes: $3,152 (2023)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1077460
  • Updated: 6/23/2026
  • Added to Site: 46 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Open Floorplan
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
  • Furnishings: Negotiable
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Unit

Exterior

  • Exterior Features: Fire Pit
  • Porch/Patio/Deck: Patio

Parking

  • Attached garage: Yes
  • Parking Features: Attached

Location

  • Area: 254 - Newfound Harbor
  • County: Brevard
  • Subdivision: Harborview Cove
  • Driving Directions: From SR 520 turn south on Newfound Harbor Dr. left on Randall, right on Colby.
  • Direction Faces: West

School Information

  • Elementary School: Tropical
  • Middle School: Jefferson
  • High School: Merritt Island

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Block, Concrete, Stucco
  • Stories/Levels: 1
  • Square Feet: 1,562
  • Living Area: 1,562 Sq. Ft.
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 1967

Lot Features

  • Property View: Canal, Trees/Woods, Water
  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Features: Cleared

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $236.88
  • Tax Amount: $3,152.16
  • Tax Year: 2023
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 25-37-06-50-00004.0-0019.00

Listed by Blue Marlin Real Estate

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Listing agent

— 1240 Colby Ln —

  • Blue Marlin Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1240 Colby Ln

School District:Brevard County School District
NameGradesDistance
Tropical Elementary School, Merritt Island, FL
885 South Courtenay Parkway, Merritt Island, FL 32952
K-62.1 mi
Merritt Island High School
100 Mustang Way, Merritt Island, FL 32953
9-123.7 mi
Thomas Jefferson Middle School, Merritt Island, FL
1275 South Courtenay Parkway, Merritt Island, FL 32952
7-81.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1240 Colby Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/23/2026
Price Reduced
$370,000
-1.33%
MLS
5/15/2026
Listed
$375,000
4.17%
MLS
5/16/2025
Sold
$360,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1240 Colby Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,153
—
$208,280
-4%
2024
$3,153
-11%
$217,760
-11%
2023
$3,528
306%
$243,460
347%
2021
$870
-68%
$54,460
-70%
2022
$2,691
209%
$182,700
240%
2021
$870
13%
$53,710
4%
2018
$770
—
$51,540
2%
2017
$768
-1%
$50,480
-4%
2019
$772
1%
$52,510
6%
2016
$768
—
$49,450
1%
2015
$769
—
$49,110
1%
2014
$769
2%
$48,720
2%
2013
$751
—
$48,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1240 Colby Ln

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Blue Marlin Real Estate

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1240 Colby Lane, Merritt Island, FL 32952 (MLS# 1077460) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1240 Colby Lane is currently listed for $370,000 and was received on May 15, 2026. Want to learn more about 1240 Colby Lane? Do you have questions about finding other Single Family real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.

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