0 Merritt Avenue, Merritt Island, FL 32953

Merritt Island
Local realty services provided by:Better Homes and Gardens Real Estate Star
0 Merritt Avenue,Merritt Island, FL 32953
$2,120,000
Virtual Tour
  • 3.54 Acres
  • Lots / Land
  • Active
Listed by: stacy torres, keith krodel
Office: reef realty florida llc.
MLS#:1060377
Source:FL_SPACE

Price summary

  • Price:$2,120,000

About this home

Priced below recent Appraisal. Premium 3.5 Acres of Riverfront Land - Great Opportunity for developers, investors or even home owners! This unique property offers a blend of commercial and multifamily zoning, making it a versatile opportunity for a range of development projects. The property's split zoning consists of the following: - BU-1 Commercial Land: Over 2 acres with 340 feet of prime road frontage on N. Tropical Trail, perfect for retail, office, etc. - RU-2 Multifamily Land: A little over 1 acre with a maximum density of 12 units per acre, featuring 186 feet of direct riverfront and 378 feet of frontage on Merritt Avenue. Space Coast launches are even visible from the property. Don't miss out on this rare opportunity to invest in prime riverfront real estate in Merritt Island! Whether you're looking to develop commercial space, multifamily housing, or a combination of both, this property offers the flexibility and visibility needed to succeed in today's market.

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Home facts

  • Subdivision & Development:Sunnyside Terrace
  • Listing ID #:1060377
  • Added:339 day(s) ago

Rooms and interior

  • Kitchen Description:appl_

Structure and exterior

  • Lot area:3.54 Acres
  • Lot Features:Dead End Street

Schools

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

Finances and disclosures

  • Price:$2,120,000
  • Tax amount:$9,274 (2023)

Features and amenities

  • Laundry features:appl_
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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