0 Merritt Avenue, Merritt Island, FL 32953

$2,200,000
Property Type: Land Lot Size (sq. ft.): 161,608 Status: Active
Current Price: $2,200,000 List Date: 10/24/2025 Last Modified: 5/18/2026

Overview

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.

Listing Details MLS# 1060377

General Property Information

Road Frontage Feet
745
Number Of Lots
Yes
Lot Size Acres
3.54
Lot Dimensions Source
Public Records
Lot Size Square Feet
161608
Association YN
No
Water Body Access YN
Yes
Waterfront YN
Yes
Water Body Name
Indian River
Water Frontage Feet
186
Land Lease YN
No
Senior Community YN
No
CDD Fee YN
No
List Price/Acre
621468.93

Property Features

Current Use: Commercial; Investment; Medical/Dental; Mini Storage; Mixed Use; Multi-Family; Office; Residential; Retail; Single Family Development Status: Raw Land Fencing: Chain Link Listing Terms: Cash; Conventional; VA Loan Lot Features: Corner Lot; Dead End Street; Many Trees; Split Possible Other Structures: Other Possession: Close Of Escrow Road Frontage Type: County Road Road Surface Type: Asphalt; Concrete Sewer: Unknown Showing Requirements: Call Listing Agent; Combination Lock Box Special Listing Conditions: Standard Utilities: Other View: River Water Body Access Type: Owned Water Source: None Waterfront Features: River Front

Contract Information

Original List Price
2200000
Listing Contract Date
2025-10-01
Property Sub Type
Unimproved Land

Location Tax and Legal

Street Name
Merritt
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32953
MLS Area Major
251 - Central Merritt Island
Subdivision Name
Sunnyside Terrace

Remarks and Miscellaneous

Public Remarks
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.

Status Change Information

Major Change Timestamp
2025-10-24T11:59:07Z
Major Change Type
New Listing
Status Change Timestamp
2025-10-24

More Information

Location, Tax, and Legal

Tax Account
2426891
Parcel Number
24-36-35-26-00000.0-0001.00
General County Location
Central
Elementary School
Mila
Middle School
Jefferson
High School
Merritt Island
Tax Annual Amount
9274.88
Tax Year
2023
Zoning Description
Commercial/Residential/Office
Directions
From 520 head North on North Tropical Trail. Make a Left on Merritt Avenue. Lot is located on the left.

Currently Not Used

Pool Private YN
No

Current Use

Commercial
Yes
Investment
Yes
Medical/Dental
Yes
Mini Storage
Yes
Mixed Use
Yes
Multi-Family
Yes
Office
Yes
Residential
Yes
Retail
Yes
Single Family
Yes

Fencing

Chain Link
Yes

Listing Terms

Cash
Yes
Conventional
Yes
VA Loan
Yes

Lot Features

Corner Lot
Yes
Dead End Street
Yes
Many Trees
Yes
Split Possible
Yes

Other Structures

Other
Yes

Possession

Close Of Escrow
Yes

Water Body Access Type

Owned
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Asphalt
Yes
Concrete
Yes

Sewer

Unknown
Yes

Special Listing Conditions

Standard
Yes

Utilities

Other
Yes

View

River
Yes

Water Source

None
Yes

Waterfront Features

River Front
Yes

Development Status

Raw Land
Yes

Showing Requirements

Call Listing Agent
Yes
Combination Lock Box
Yes
Listing Office: Reef Realty Florida LLC
Last Updated: May - 18 - 2026
Information is deemed to be reliable, but is not guaranteed.