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Merritt Island,FL 32953
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Sunnyside Terrace
MLS Listing ID 1060377
HOA Y/N No
Annual Tax Amount $9,274
Tax Year 2023
Lot Size 3.710 Acres
Acres 3.54
Property Sub-Type Unimproved Land
Source Space Coast MLS (Space Coast Association of REALTORS®)
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 of both, this property offers the flexibility and visibility needed to succeed in today's market.
Location
State FL
County Brevard
Area 251 - Central Merritt Island
Direction From 520 head North on North Tropical Trail. Make a Left on Merritt Avenue. Lot is located on the left.
Body of Water Indian River
Exterior
Exterior Feature ExteriorFeatures
Fence Chain Link
Utilities Available Other
Waterfront Description River Front
View River
Present Use Commercial,Investment,Medical/Dental,Mixed Use,Multi-Family,Office,Residential,Retail,Single Family,Mini Storage
Street Surface Asphalt,Concrete
Road Frontage County Road
Garage No
Building
Lot Description Corner Lot,Dead End Street,Many Trees,Split Possible
Sewer Unknown
Water None
Additional Building Other
Schools
Elementary Schools Mila
High Schools Merritt Island
Others
Senior Community No
Tax ID 24-36-35-26-00000.0-0001.00
Acceptable Financing Cash,Conventional,VA Loan
Listing Terms Cash,Conventional,VA Loan
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/spc/1060377