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Listed by Reef Realty Florida LLC
$2,200,000
Est. payment /mo
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision Sunnyside Terrace
MLS Listing ID RX-11153965
HOA Y/N No
Annual Tax Amount $8,724
Tax Year 2025
Property Sub-Type Commercial Land
Property 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
Location
State FL
County Brevard
Area 6371 - Brevard County (E Of Ir)
Zoning BU1 RU-2
Exterior
Utilities Available None
Waterfront Description Intracoastal,Navigable
View Intracoastal
Exposure East
Building
Lot Description 3 to < 5 Acres, Corner Lot, East of US-1, Irregular Lot, Paved Road, Public Road, Treed Lot
Others
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/0-Merritt-Avenue-Merritt-Island-FL-32953/unbranded
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