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$370,000

1240 Colby Ln

Merritt Island, FL
Pending
4
Bedrooms
2
Bathrooms
1,562
Square Feet
0.2
Lot Size (acres)
1967
Year Built
142
Days On Market

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!

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Listing Information

Listing Updated
09/01/2026
Listed By
Brandon Phillips · Blue Marlin Real Estate, 3218772902
MLS#
1077460
Source
Space Coast MLS (Space Coast Association of REALTORS)
Status
Pending

Facts & Features

Location

Community Information

Address
1240 Colby Ln, Merritt Island, FL 32952
City
Merritt Island
County
Brevard
Neighborhood
Harborview Cove
Zip Code
32952

Architecture

Bedrooms
4
Bathrooms
2
Stories
1
Year Built
1967
Construction Materials
Stucco, Block, Concrete
Building Area
1,562 sq. ft.
Levels
One
Garage Spaces
0
Parking Features
Attached, Garage

Features & Amenities

Interior Features
Ceiling Fan(s), Open Floorplan
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Disposal, Freezer, Electric Oven
Flooring
Tile
Exterior Features
Fire Pit
Patio and Porch
Patio
Cooling
Ceiling Fan(s), Central Air
Heating
Central

Property Features

Lot Size
0.2 Acres
Lot Features
Cleared
View
Trees/Woods, Water, Canal
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected

Square Footage

Total
1,562 sq. ft.

Tax & Financial Information

List Price
$370,000
Annual Taxes
$3,152

Schools

100/100
Edgewood Junior/Senior High School
High · Grades 07–12 · 2.8 mi
City
Merritt Island
Students
940
Parent reviews
5.0★ avg · 2 reviews
Student body
76% White · 11% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
10%
Phone
(321) 454-1030
76/100
Tropical Elementary School
Elementary · Grades PK–06 · 2.1 mi
City
Merritt Island
Students
736
Parent reviews
5.0★ avg · 1 review
Student body
79% White · 8% Hispanic / Latino · 8% Two or More Races
Free/reduced lunch
43%
Phone
(321) 454-1080
73/100
Cocoa Beach Junior/Senior High School
High · Grades 07–12 · 2.3 mi
City
Cocoa Beach
Students
1,126
Parent reviews
5.0★ avg · 1 review
Student body
77% White · 11% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
25%
Phone
(321) 783-1776
72/100
Theodore Roosevelt Elementary School
Elementary · Grades PK–06 · 2.4 mi
City
Cocoa Beach
Students
357
Parent reviews
4.3★ avg · 3 reviews
Student body
71% White · 13% Hispanic / Latino · 8% Two or More Races
Free/reduced lunch
36%
Phone
(321) 868-6660
70/100
Mila Elementary School
Elementary · Grades PK–06 · 3.1 mi
City
Merritt Island
Students
428
Parent reviews
4.0★ avg · 1 review
Student body
51% White · 18% Black · 16% Hispanic / Latino
Free/reduced lunch
64%
Phone
(321) 454-1070
68/100
Freedom 7 Elementary School Of International Studies
Elementary · Grades KG–06 · 3.4 mi
City
Cocoa Beach
Students
413
Parent reviews
4.0★ avg · 9 reviews
Student body
73% White · 9% Two or More Races · 9% Hispanic / Latino
Free/reduced lunch
11%
Phone
(321) 868-6610
56/100
Rockledge Senior High School
High · Grades 09–12 · 3.7 mi
City
Rockledge
Students
1,518
Student body
46% White · 28% Black · 16% Hispanic / Latino
Free/reduced lunch
44%
Phone
(321) 636-3711
53/100
Project Search
High · Grades 12–12 · 2.9 mi
City
Cocoa Beach
Students
34
Student body
56% White · 18% Hispanic / Latino · 18% Two or More Races
Free/reduced lunch
24%
Phone
(321) 633-1000

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
06/23/2026Price change$370,000
05/15/2026Listed for sale$375,000

Listed by Brandon Phillips · Blue Marlin Real Estate · 3218772902

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and 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. Copyright © 2026 Brevard MLS. All Rights Reserved.

Last Updated: September 1, 2026 at 1:16 AM | Source: Brevard MLS | MLS#: 1077460

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