Merritt Avenue
Merritt Island, FL 32953
154,203Sqft(Lot)
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
Property Details
Map
Map
Features
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Heating & Cooling
Water front: 1
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Lot Information
Main Square Feet: 154203 Lot Size Acres: 3.54 Lot Size Square Feet: 154,203 Lot Description: CornerLot,IrregularLot,TreesProperty Information
Subdivision: SUNNYSIDE TERRACE Source Property Type: Land Zoning Description: BU1 RU-2 Property SubType: Unimproved Land Direction Faces: East
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Listing Price Information
Listing Price: $2200000Cash, Conventional
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Tax Information
Parcel Number: 243635261 Tax Year: 2025 Annual Tax: $8724 Tax Legal Desc: SUNNYSIDE TERRACE ALL LOTS 1 TO 9, 11 TO 14, 19, 20 & VAC ADJ RDS & PART OF LOTS 10, 15, 18 & VAC KINGS LN AS DESC IN
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Utility Information
ElectricityAvailable, None, WaterAvailable -
Location Information
Direction: From 520 head North on N. Tropical Trail. Make a left on Merritt Ave lot is located on the left. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 0000 Chase Hammock Road, Merritt Island, FL, 32953 | $399,000 | -- | -- | -- | 11.18 Acres(Lot) |
| 1324 Panther Lane, Merritt Island, FL, 32953 | $899,000 | -- | -- | -- | 10 Acres(Lot) |
| N Unknown, Merritt Island, FL, 32953 | $1,900,000 | -- | -- | -- | 27.82 Acres(Lot) |
| Dalbora Road, Merritt Island, FL, 32953 | $1,799,999 | -- | -- | 1,026,709 | 23.57 Acres(Lot) |
| 2180 N Courtenay Parkway, Merritt Island, FL, 32953 | $225,000 | -- | -- | -- | 0.40 Acre(Lot) |
| Merritt Avenue, Merritt Island, FL, 32953 | $2,200,000 | -- | -- | -- | 3.54 Acres(Lot) |
| TBD Pine Island Road, Merritt Island, FL, 32953 | $129,900 | -- | -- | 278,348 | 6.39 Acres(Lot) |
| 132 Gator Drive, Merritt Island, FL, 32953 | $107,990 | -- | -- | -- | 0.57 Acre(Lot) |
| N Courtenay Parkway, Merritt Island, FL, 32953 | $280,000 | -- | -- | -- | 6.57 Acres(Lot) |
| 478 Roosevelt Avenue, Merritt Island, FL, 32953 | $64,900 | -- | -- | 6,098 | 0.14 Acre(Lot) |
Similar Land To Merritt Avenue
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ByOwner last updated this listing 06/22/2026 @ 12:45
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