FL > Merritt Island > Sunnyside Terrace
Merritt Island, FL 32953,0 Merritt AVE
Merritt Island, FL 32953,0 Merritt AVE
Merritt Island, FL 32953,0 Merritt AVE
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$2,200,000
Est. payment /mo
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3.71 Acres Lot
Active

0 Merritt AVE Merritt Island, FL 32953

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Jody Santillo

Jody Santillo

+1(561) 430-8120

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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

Space Coast Association of Realtors (Brevard MLS)
Listed by Reef Realty Florida LLC

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Jody Santillo

Jody Santillo

Agent

+1(561) 430-8120

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0 Merritt AVE