0 Merritt Avenue, Merritt Island, FL 32953 (MLS# B26088315)

$2,120,000

0 Merritt Avenue
Merritt Island, FL 32953
MLS# B26088315

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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

Details

Maps

Contract Information

Comp Sale YN: No

Listing Date: 2026-10-14

Status: Active

Original List Price: 2120000

List Price: $2,120,000

Current Price: $2,120,000

Listing Service: Full Service

LP/Acre: 598870.06

Location and Legal

Country: United States

County Or Parish: Brevard

County Parish Name: Brevard

Street Name: Merritt

Street Suffix: Avenue

City Name: Merritt Island

State Or Province: FL

Postal Code: 32953

Postal Zip: 32953

Subdivision Name: SUNNYSIDE TERRACE

Area: 6371 - Brevard County (E of IR)

Geographic Area: BRVD - Brevard

Middle Or Junior School: Thomas Jefferson

Parcel Number: 243635261

Multiple Offers Accepted: Yes

Zoning: BU1 RU-2

Directions: From SR 520 head North on N. Tropical Trail, Make a left on Merritt Ave Property is on your left

General Property Information

Transaction Type: Listing For Sale

Property Sub Type: Unimproved Land

Lot Size Acres: 3.54

Lot Size Square Feet: 154202.4

Waterfront YN: 1

Water Frontage Feet: 186

Direction Faces: East

LP/SqFt: 13.75

Financial Information

Master Association YN: No

Membership Fee Required YN: No

Tax Year: 2025

Tax Annual Amount: 8724.91

Tax Legal Description: 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

Status Change Information

Major Change Timestamp: 2026-10-14T19:11:20Z

Major Change Type: New Listing

Status Change Date: 2026-10-14

Originating Details

Originating System Key: 20261014185330863960000000

Originating System ID: M00000170

Property Features

Current Use: Unimproved

Development Status: Recorded Plat

Documents Available: Survey

Environmental Audit: None

Location of Property: City Location; Dead End

Possession: Close Of Escrow

Possible Use: Commercial; Medical/Dental; Mixed Use; Multi-Family; Office; Residential; Single Family; Unimproved

Sewer: Within 500'

Special Listing Conditions: Standard

Trees: Mostly Oaks

Utilities: Electricity Available; Water Available; None

Vegetation: Weeds

View: Water

Listing Terms: Cash; Conventional

Lot Features: Cleared; Corner Lot; Irregular Lot; Many Trees

Road Frontage Type: City Street; East of US-1

Road Responsibility: Public Maintained Road

Road Surface Type: Paved

Tax Information: County Only; Land Only; Tax Reflects No Exemptions

Water Access: River Access

Water Source: Public

Water View: Intracoastal; River

Waterfront Features: Intracoastal; Navigable Water; River Front

Showing Requirements: Call Listing Agent; Sign On Property; Text Listing Agent

Elevation Description: 0-5 Feet Above Sea Level

Acreage Description: 3 To Less Than 4 Acre Lot

Supplements

PRICED BELOW RECENT APPRAISAL

Listing Office: Reef Realty Florida LLC

Last Updated: October - 15 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.