1685 Savana Drive, Merritt Island, FL 32952

Local realty services provided by:Better Homes and Gardens Real Estate Star
1685 Savana Drive,Merritt Island, FL 32952
$400,000
  • 5 Beds
  • 4 Baths
  • 2,523 sq. ft.
  • Multi-family
  • Active
Listed by:lynnessa wilson
Office:exp realty, llc.
MLS#:1060662
Source:FL_SPACE

Price summary

  • Price:$400,000
  • Price per sq. ft.:$158.54

About this home

Exceptional income-producing property offering two fully independent residences on one spacious lot, each with separate utility meters for ease of management. The main home features 4 bedrooms, 3 baths, and approximately 1,888 sq. ft. of living space with an open floor plan, granite kitchen island, updated finishes, and a large owner's suite with private bath. The guest house is a 1-bedroom, 1-bath unit with 635 sq. ft., currently tenant-occupied at $1,000/month, providing instant rental income. Both homes are well maintained and privately situated, offering a fenced yard, ample parking, and room for RV or boat storage. Ideal for owner-occupants seeking supplemental income or investors looking to expand their portfolio. Excellent value-add potential with the option to increase rents or convert to full investment use. Conveniently located near beaches, shopping, A-rated schools, and major employers on the Space Coast.

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Home facts

  • Year built:1959
  • Listing ID #:1060662
  • Added:4 day(s) ago

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,523 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Electric

Structure and exterior

  • Year built:1959
  • Building area:2,523 sq. ft.
  • Lot area:0.35 Acres

Schools

  • High school:Merritt Island
  • Middle school:Jefferson
  • Elementary school:Audubon

Finances and disclosures

  • Price:$400,000
  • Price per sq. ft.:$158.54
  • Tax amount:$3,960 (2025)
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