5416 Merritt Island Dr in Apollo Beach sells for $1.18 million

The single-family home at 5416 Merritt Island Dr in Apollo Beach sold for $1,175,000. That is 72% above its last recorded sale: $685,000 in 2018. A general warranty deed recorded October 27, 2026 with the Hillsborough County Clerk of Court records the sale.

An aerial photo shows the parcel directly on a canal, with a pool. Other houses surround it.

The deed lists John S. Graham and Lucy Gay Graham as the sellers. It lists Michael James Cutler and Mary Jane Westmoreland as the buyers.

Property Appraiser's records show 4 bedrooms, 3.5 bathrooms and 3,080 square feet of living area. The home was built in 2006 on a 13,068-square-foot lot. The price works out to $381 per square foot. The recorded market value is $962,065, making the sale price 22% above that figure.

This summary was written by AI from public deed records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Hillsborough County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $8,225 for the documentary stamp tax on deed and $5,512.50 for the owner's title insurance policy. Who pays what follows Hillsborough County custom.

How much did the seller net?

By our estimate, the seller netted about $1,091,755. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $252,729 at closing. That covers the down payment and closing costs.

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