340 Schoolhouse Ln, Merritt Island, FL, 32953
About This Home
Merritt Island opportunity with location curb appeal and strong potential. This two bedroom one and a half bath home is situated on a sidewalk lined street with a cul de sac at the end. The oversized driveway accommodates two vehicles plus a spacious carport with additional parking available. Conveniently located within walking distance to Target, Dollar Store, fast food options and everyday essentials. Inside the home features white kitchen cabinets natural light tile flooring in the main living areas and a functional layout ready for updates or personalization. The backyard is fenced on three sides and offers flexible outdoor space for a variety of uses or future improvements. Enjoy a Space Coast highlight with views of rocket launches from home. This property is ideal for buyers looking to personalize invest or build equity in a Merritt Island location close to shopping dining and daily conveniences.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1962
Materials
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: None
- Laundry features: In Carport
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Jack and Jill Bath,Primary Bathroom - Tub with Shower
- Flooring: Tile
Heating & Cooling
- Heating features: None
- Cooling features: Other
Interior Area
- Total interior livable area: 1,088 sqft
Property
Details
- Parcel number: 2436232500000.00022.00
- Special condition: Real Estate Owned
Features
- Stories: 1
- Patio & porch: Front Porch
- Fencing: Chain Link
Lot
- Lot size: 7,405 sqft
- Features: Few Trees
Parking
- Total spaces: 1
- Parking features: Carport
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $773 | $9,276 |
| Home Insurance * | $123 | $1,476 |
| Property Taxes | $216 | $2,592 |
| Electricity | $197 | $2,366 |
| Total | $1,309 | $15,708 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
No price history available
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