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0 E Merritt Ave

Merritt Island FL 32953

161608 sq. ft.
Land
Currently for sale - view listing

Overview

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.

Features

161608 sq. ft. lot size
Land

Happy sellers in Merritt Island

82%
82% of sellers in Merritt Island reported that their sale price either exceeded or met their price expectations.

Merritt Island stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Merritt Island over the last 12 months.

Local market activity for land plots in Merritt Island

In the last 12 months, 9 land plots similar to 0 E Merritt Ave, have been sold.

This represents a 36% increase in land plots sales when compared to the previous 12 months.

RateMyAgent
Sales:
(619) 566-0008
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