1202 Banana River Drive, Indian Harbour Beach, FL 32937
$690,000
Property Type:
Land
Lot Size (sq. ft.):
162,298
Status:
Closed
Current Price:
$690,000
List Date:
3/18/2015
Last Modified:
11/11/2025
Overview
Description
A unique opportunity to build out an urban infill housing development in the heart of Indian Harbour Beach. This former church property has all zoning and permits in place to build a 13 lot gated community in a one of a kind location. Close to shopping, entertainment, recreation, schools and walking distance to the ocean or the river this singular development opportunity offers builders and developers one of the last single family parcels that will ever be available in I.H.B. The project is turn key, with all required permits in place to start ground work within 60 days. Parcel include tax id#'s 2712574/2712575 for a total of 3.82 acres. Permitted as a gated community, this project has everything a builder could ask for. See attached docs for prospectus and construction documents
Listing Details MLS# 720388
General Property Information
- Number Of Lots
- 13
- Lot Size Acres
- 3.82
- Lot Dimensions Source
- Public Records
- Lot Size Square Feet
- 162298
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Senior Community YN
- No
- List Price/Acre
- 221204.19
- Sold Price/Acre
- 180628.27
Property Features
Current Use:
Residential
Listing Terms:
Cash; Conventional
Lot Features:
Cleared; Cul-De-Sac
Possession:
Close Of Escrow
Road Surface Type:
Dirt; Paved
Showing Requirements:
Call Listing Office
Special Listing Conditions:
Standard
Utilities:
Cable Available; Sewer Available; Water Available
Contract Information
- Original List Price
- 975000
- Listing Contract Date
- 2015-03-13
- Property Sub Type
- Unimproved Land
Location Tax and Legal
- Street Number
- 1202
- Street Name
- Banana River
- Street Suffix
- Drive
- County
- Brevard
- State
- FL
- Postal Code
- 32937
- MLS Area Major
- 382-Satellite Bch/Indian Harbour Bch
- Subdivision Name
- Indian Harbour Beach Sec 5
Remarks and Miscellaneous
- Public Remarks
- A unique opportunity to build out an urban infill housing development in the heart of Indian Harbour Beach. This former church property has all zoning and permits in place to build a 13 lot gated community in a one of a kind location. Close to shopping, entertainment, recreation, schools and walking distance to the ocean or the river this singular development opportunity offers builders and developers one of the last single family parcels that will ever be available in I.H.B. The project is turn key, with all required permits in place to start ground work within 60 days. Parcel include tax id#'s 2712574/2712575 for a total of 3.82 acres. Permitted as a gated community, this project has everything a builder could ask for. See attached docs for prospectus and construction documents
Status Change Information
- Major Change Timestamp
- 2023-11-11T04:18:05Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2015-09-28T13:58:39Z
- Status Change Timestamp
- 2015-12-28
- Purchase Contract Date
- 2015-11-11
- Close Date
- 2015-12-11
- Close Price
- 690000
More Information
Showing Requirements
- Gated
- Community
- Call Listing Office
- Yes
Historical Information
- Public Historical Remarks 3
- Frontage Description: City Road, Number of Lots: 13.00
Location, Tax, and Legal
- Tax Account
- 2712574
- Parcel Number
- 27-37-11-00-00002.0-0000.00
- General County Location
- South
- Elementary School
- Ocean Breeze
- Middle School
- Hoover
- High School
- Satellite
- Tax Annual Amount
- 8327.39
- Tax Year
- 2013
- Tax Legal Description
- PART OF W 1/2 OF NE 1/4 AS DESC IN ORB 301 PG 409 EXC N 190 FT & LOTS 3, 4 & 5 OF PB 13 PG 115
- Directions
- South Patrick Dr. to East on Banana River Dr. Look for church property on North side of Banana River/
Currently Not Used
- Pool Private YN
- No
Current Use
- Residential
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Cleared
- Yes
- Cul-De-Sac
- Yes
Possession
- Close Of Escrow
- Yes
Road Surface Type
- Dirt
- Yes
- Paved
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Cable Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Listing Office:
Nexus Real Estate, Inc.
Last Updated: November - 11 - 2025
Information is deemed to be reliable, but is not guaranteed.