Merritt Avenue, Merritt Island, FL 32953
About Property
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.
Essential Property Information
- Price: $2,200,000
- Property Type: Vacantland
- Acres: 4
- Country: USA
- City: Merritt Island
Additional Property Info
- List Price/Acres: $621,468.93 / acre
- Listing ID: 1060377
- Listing Status: Active
- Property Type: Vacantland
- State/Province: FL
- Status: Active
- Status Change Date: Friday, October 24th, 2025
- Street Name: Merritt
- Street Suffix: Avenue
- Sub Type: Unimproved Land
- Subdivision: Sunnyside Terrace
- Tax Year: 2023
- Taxes: $9,274.88
- Virtual Tour: Click Here
- Waterfront: Yes
- Waterfront Type: River Front
- Zip Code: 32953
- Zoning: Commercial/Resi
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