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$490,000
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Property Description
Stunning waterfront sanctuary on Merritt Island -whether you're seeking an ideal forever home, a smart investment, or a short-term rental machine, this property checks every box. Beautifully renovated and offering approximately 2,100 sq ft of living space, this 4-bed, 2-bath home features modern finishes and a thoughtfully designed layout perfect for entertaining and everyday living. Brand new cabinets and counters, brand new tankless water heater (2025) updated vinyl waterproof flooring, fresh interior paint, Step inside to an open-plan family room and living zone where natural light floods the space and draws your attention to a beautifully updated gourmet kitchen-featuring sleek cabinetry, high-end appliances, and ample workspace for culinary creativity. Large windows and sliding glass doors frame the serene canal views, inviting the sunshine and tranquil water vistas into your home. In the private outdoor space-your very own waterfront lot-you'll find a lushly landscaped setting built for both relaxing and recreation. The pool deck and covered patio overlook the tranquil canal with direct water access: ideal for boating, kayaking, fishing, or simply welcoming the Florida sun and coastal breezes. Whether you're unwinding with family or hosting friends, this home offers the kind of lifestyle many only dream about. Located in the heart of the Catalina Isle Estates Unit 2 neighborhood, you're just minutes away from Merritt Island's waterfront, beaches, nature preserves, and the vibrant amenities of Florida's Space Coast. This is a destination address-close to Cocoa Beach, Port Canaveral, and the iconic Kennedy Space Center. The location not only provides outstanding living, but also tremendous investment potential. From an income standpoint: the short-term rental market in Merritt Island is strong. With 4 bedrooms, inviting waterfront access, and superb location, this home is not just a living space-it's a ready-made revenue-generator. If you've been looking for a home that offers luxury, flexibility, and an unbeatable location, 225 Richland Ave is the one. Reach out today to schedule your private showing-there are homes like this, and then there are homes like THIS. Listing Agent Is Owner.
Full Property Details
Full Property Details for 225 Richland
General
- Price: $490,000
- Taxes: $4,633 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6346730
- Updated: 3/22/2026
- Added to Site: 232 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 10
- Interior Features: Kitchen and Family Room Combination
- Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
- Flooring: Ceramic Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area, Corridor Access, Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Other
Exterior
- Exterior Features: Private Mailbox, Sidewalk, Sliding Doors, Storage
Location
- Area: 32953 - Merritt Island
- County: Brevard
- Development Name: 32953 - Merritt Island
- Subdivision: CATALINA ISLE ESTATES UNIT 2
- Driving Directions: When exiting from 529 at Courtenay PKWY Courtenay Parkway. Continue on Courtenay Parkway for a bit, then turn right (east) onto Richland Ave. Continue east on Richland Ave. 225 Richland Ave will be on your right.
- Direction Faces: Northeast
Community
- Community Name: 32953 - Merritt Island
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Natural Gas Available, Phone Available, Propane, Public, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Concrete
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,900
- Sq. Ft. Source: Owner
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Size: 7841
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Canal - Brackish
- Water Extras: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Tax Amount: $4,633.1
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: 24-36-26-03-8-4
- Flood Zone Info: 2
- APN: 24 36260384
- Property ID: 24 36260384
- Block/Lot/Section: 8
Listed by Lpt Realty, Llc
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Schools
Schools serving 225 Richland
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Merritt Island High School 100 Mustang Way, Merritt Island, FL 32953 | 9-12 | 0.7 mi |
Audubon Elementary School 1201 North Banana River Drive, Merritt Island, FL 32952 | PK-6 | 1.6 mi |
Thomas Jefferson Middle School, Merritt Island, FL 1275 South Courtenay Parkway, Merritt Island, FL 32952 | 7-8 | 2.5 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 225 Richland
Date
Details
Price
Change
Source
3/22/2026
Price Reduced
$490,000
-7.55%
MLS
2/17/2026
Price Reduced
$530,000
-1.67%
MLS
1/13/2026
Price Reduced
$539,000
-0.92%
MLS
11/10/2025
Price Reduced
$544,000
-0.91%
MLS
9/25/2025
Listed
$549,000
25.06%
MLS
8/25/2023
Sold
$439,000
—
Public Record
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
Tax History for 225 Richland
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,826
—
$344,410
-4%
2024
$4,826
68%
$358,800
58%
2023
$2,879
7%
$227,270
3%
2022
$2,686
-4%
$220,660
3%
2021
$2,802
—
$214,240
1%
2021
$2,802
-15%
$211,290
3%
2019
$3,312
8%
$204,630
10%
2018
$3,054
4%
$186,850
8%
2017
$2,935
5%
$173,770
13%
2016
$2,783
3%
$154,180
10%
2015
$2,706
9%
$139,780
10%
2014
$2,492
5%
$127,080
10%
2013
$2,365
—
$115,530
—
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
Estimate the Cost for 225 Richland
225 Richland, Merritt Island, FL 32953 (MLS# O6346730) is a Single Family property with 4 bedrooms and 2 full bathrooms. 225 Richland is currently listed for $490,000 and was received on September 25, 2025. Want to learn more about 225 Richland? 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.

