0 Merritt Avenue, Merritt Island, FL 32953 (MLS# 1060377)

0 Merritt Avenue, Merritt Island, FL 32953

$2,200,000
Property Type: Land Lot Size (sq. ft.): 161,608 Status: Active
Current Price: $2,200,000 List Date: 10/24/2025 Last Modified: 8/24/2026

Overview

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, or a combination of both, this property offers the flexibility and visibility needed to succeed in today's market.

Listing Details MLS# 1060377

General Property Information

Road Frontage Feet
745
Number Of Lots
Yes
Lot Size Acres
3.54
Lot Dimensions Source
Public Records
Lot Size Square Feet
161608
Association YN
No
Water Body Access YN
Yes
Waterfront YN
Yes
Water Body Name
Indian River
Water Frontage Feet
186
Land Lease YN
No
Senior Community YN
No
CDD Fee YN
No
List Price/Acre
621468.93

Property Features

Current Use: Commercial; Investment; Medical/Dental; Mini Storage; Mixed Use; Multi-Family; Office; Residential; Retail; Single Family Development Status: Raw Land Fencing: Chain Link Listing Terms: Cash; Conventional; VA Loan Lot Features: Corner Lot; Dead End Street; Many Trees; Split Possible Other Structures: Other Possession: Close Of Escrow Road Frontage Type: County Road Road Surface Type: Asphalt; Concrete Sewer: Unknown Showing Requirements: Call Listing Agent; Combination Lock Box Special Listing Conditions: Standard Utilities: Other View: River Water Body Access Type: Owned Water Source: None Waterfront Features: River Front

Contract Information

Original List Price
2200000
Listing Contract Date
2025-10-01
Property Sub Type
Unimproved Land

Location Tax and Legal

Street Name
Merritt
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32953
MLS Area Major
251 - Central Merritt Island
Subdivision Name
Sunnyside Terrace

Remarks and Miscellaneous

Public Remarks
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, or a combination of both, this property offers the flexibility and visibility needed to succeed in today's market.

Status Change Information

Major Change Timestamp
2025-10-24T11:59:07Z
Major Change Type
New Listing
Status Change Timestamp
2025-10-24

More Information

Listing Office: Reef Realty Florida LLC
Last Updated: August - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.

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