2513 N Banana River Drive, Merritt Island, FL 32952

$119,400
Property Type: Land Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $119,400 List Date: 12/08/2025 Last Modified: 6/02/2026

Overview

Description

A rare opportunity to create an impressive coastal residence in one of Merritt Island's most desirable waterfront corridors. This property is fully prepared for residential development with ERP permitting completed by Atlantic Environmental and a Certificate of Service that includes mitigation, project drawings, design specifications, and construction plans for a single family home. Authorization from the U S Army Corps of Engineers is already secured. With the ability to build up to thirty-six feet, you can design up to a three-story home that captures elevated panoramic views of rocket launches, the Banana River, and the surrounding Florida wetlands. Ideally positioned across from Kelly Park and just minutes to Port Canaveral, beaches, dining, and boat ramps, this homesite offers the perfect setting to create a coastal retreat.

Listing Details MLS# 1063739

General Property Information

Road Frontage Feet
50
Number Of Lots
Yes
Lot Size Acres
0.17
Lot Size Dimensions
50.0 ft x 150.0 ft
Lot Dimensions Source
Survey
Lot Size Square Feet
7405
Association YN
No
Water Body Access YN
No
Waterfront YN
No
CDD Fee YN
No
List Price/Acre
705294.12
Sold Price/Acre
702352.94

Property Features

Current Use: Residential; Single Family Development Status: Proposed; Site Plan Approved Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Cleared; Wooded Possession: Close Of Escrow Road Frontage Type: County Road Road Surface Type: Asphalt; Dirt Sewer: Public Sewer Showing Requirements: Showing Service Special Listing Conditions: Standard Utilities: Other View: Bridge(s); Intracoastal; Marina; River; Trees/Woods Water Source: None Community Features: Fishing; Sidewalks

Contract Information

Original List Price
129400
Listing Contract Date
2025-12-06
Start Showing Date
2025-12-08
Property Sub Type
Unimproved Land

Location Tax and Legal

Street Number
2513
Street Direction Prefix
N
Street Name
Banana River
Street Suffix
Drive
County
Brevard
State
FL
Postal Code
32952
MLS Area Major
250 - N Merritt Island
Subdivision Name
Kelly Park

Remarks and Miscellaneous

Public Remarks
A rare opportunity to create an impressive coastal residence in one of Merritt Island's most desirable waterfront corridors. This property is fully prepared for residential development with ERP permitting completed by Atlantic Environmental and a Certificate of Service that includes mitigation, project drawings, design specifications, and construction plans for a single family home. Authorization from the U S Army Corps of Engineers is already secured. With the ability to build up to thirty-six feet, you can design up to a three-story home that captures elevated panoramic views of rocket launches, the Banana River, and the surrounding Florida wetlands. Ideally positioned across from Kelly Park and just minutes to Port Canaveral, beaches, dining, and boat ramps, this homesite offers the perfect setting to create a coastal retreat.

Status Change Information

Major Change Timestamp
2026-06-02T13:42:51Z
Major Change Type
Status Change
Price Change Timestamp
2026-03-24T19:29:24Z
Status Change Timestamp
2026-06-02
Purchase Contract Date
2026-04-30
Close Date
2026-05-29
Close Price
119400

More Information

Location, Tax, and Legal

Tax Account
2431063
Parcel Number
24-37-18-Cf-0000e.0-0004.00
General County Location
Central
Elementary School
Audubon
Middle School
Jefferson
High School
Merritt Island
Tax Annual Amount
840.59
Tax Year
2025
Tax Legal Description
KELLY PARK LOT 4 BLK E
Zoning Description
Residential
Directions
Head east on 528, turn right onto N Banana River Dr. The property will be on the right.

Current Use

Residential
Yes
Single Family
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lot Features

Cleared
Yes
Wooded
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Asphalt
Yes
Dirt
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Other
Yes

View

Bridge(s)
Yes
Intracoastal
Yes
Marina
Yes
River
Yes
Trees/Woods
Yes

Water Source

None
Yes

Development Status

Proposed
Yes
Site Plan Approved
Yes

Showing Requirements

Showing Service
Yes

Community Features

Fishing
Yes
Sidewalks
Yes
Listing Office: Lokation Real Estate
Last Updated: June - 02 - 2026
Information is deemed to be reliable, but is not guaranteed.