$2,120,000
 $11,381 est/mo Sourced by Back At You

0 Merritt Avenue,Merritt Island, FL 32953

Merritt Island, FL 32953

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Description

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. 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 PRICED BELOW RECENT APPRAISAL

Details

MLS #B26088315
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site18
Listing Provided ByReef Realty Florida LLC | Keith Krodel

Features

ZoningBU1 RU-2
Acreage3.54
Water FrontYes
Property ViewYes

Exterior

Lot FeaturesCleared, Corner Lot, City Lot, Dead End, Irregular Lot, Many Trees

Taxes

Tax Annual Amount8724.91

Area Information

StateFL
CountyBrevard
CityMerritt Island
Zip Code32953
Area6371 Brevard County (E of IR)
SubareaBRVD Brevard
Community NameSUNNYSIDE TERRACE
Listing VS Median (in SUNNYSIDE TERRACE)
Price:
$2,120,000
low | high
Med:
$0
On site:
18
low | high
Med:
Sourced by Back At You

Market Activity 32953

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Learn More About This Property

StateFL
CountyBrevard
CityMerritt Island
Zip Code32953
Area6371 Brevard County (E of IR)
SubareaBRVD Brevard
Community NameSUNNYSIDE TERRACE
Listing VS Median (in SUNNYSIDE TERRACE)
Price:
$2,120,000
low | high
Med:
$0
On site:
18
low | high
Med:
Sourced by Back At You
Listing Updated: October 14, 2026 at 3:03:59 PM PDT