$2,200,000

0 Merritt Ave Unit 1060377 Merritt Island, FL 32953

Estimated payment $12,311/month

Total Views 16
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 186 Feet of Waterfront
  • River View
  • Corner Lot
  • Private Water Access
  • 3.54 Acre Lot
  • No HOA

About This Home

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 Agent

Stacy Torres

Reef Realty Florida LLC License #3372000 Listed on: 10/24/2025

Co-Listing Agent

Terri Hoffman

Coldwell Banker Realty License #12244

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,275

Lot Details

  • 3.54 Acre Lot
  • 186 Feet of Waterfront
  • River Front
  • Property fronts a county road
  • Street terminates at a dead end
  • Chain Link Fence
  • Corner Lot
  • Many Trees
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as Commercial/Residential/Office

Home Design

  • Asphalt

Schools

  • Mila Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Additional Features

  • River Views
  • Private Water Access
  • Water Not Available

Community Details

  • No Home Owners Association
  • Sunnyside Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-26-00000.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,275

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Corner Lot, Dead End Street, Many Trees, Split Possible
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt, Concrete
  • Reso View: River
  • Water Body Name: Indian River
  • Co List Office Mls Id: 4566
  • Co List Office Phone: 321-465-5000
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunnyside Terrace
  • Reso Other Structures: Other
  • Location Tax and Legal Parcel Number2: 24-36-35-26-00000.0-0001.00
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 9274.88
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 3.54
  • General Property Information Lot Size Square Feet2: 161608.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Fencing Chain Link: Yes
  • General Property Information Water Frontage Feet: 186
  • General Property Information Number Of Lots2: 1.0
  • General Property Information Land Lease YN2: No
  • Location Tax and Legal Zoning Description2: Commercial/Residential/Office
  • General Property Information CDD Fee YN: No
  • Road Frontage Type County Road: Yes
  • Development Status Raw Land: Yes
  • Water Source None5: Yes
  • General Property Information Water Body Access YN3: Yes
  • Water Body Access Type Owned: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Fencing: Chain Link
  • Acres: 3.54
  • Waterfront Features: River Front
  • Waterfront: Yes
  • View:River: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes
  • Lot Features:Split Possible: Yes

Utilities

  • Utilities: Other
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Number Of Lots: 1
  • Current Use: Commercial, Investment, Medical/Dental, Mixed Use, Multi-Family, Office, Residential, Retail, Single Family, Mini Storage
  • Land Lease: No
  • Lot Size Sq Ft: 161608.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-36-35-26-00000.0-0001.00
  • Zoning Description: Commercial/Residential/Office

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9274.88

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 For Sale $2,200,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1060377

Space Coast MLS (Space Coast Association of REALTORS®)