Merritt Avenue, Merritt Island, FL 32953
- $2,120,000
- List Price
- $2,120,000
- Status
- ACTIVE
- Days on Market
- 14
- MLS#
- B26088315
- Lot Size
- 154,202
- Acres
- 3.54
- MLS Area Major
- 6371 - Brevard County (E of IR)
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 PRICED BELOW RECENT APPRAISAL
/u.realgeeks.media/bluemarlinre/logo-full.png){kind=logo}
Additional Information
- Taxes
- $8,724
- Zoning
- BU1 RU-2
- Utilities
- Electricity Available, None, Water Available
- Middle School
- Thomas Jefferson
Listing courtesy of Reef Realty Florida LLC.