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
Lot/land
$2,200,000
0 Merritt Avenue, Merritt Island, FL 32953
--beds
--baths
3.54Acres
Unimproved Land
Built in ----
3.54 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 178 days |
- 103 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Keith Krodel 321-536-7338,
Reef Realty Florida LLC
Source: BeachesMLS,MLS#: R11153965
Originating MLS: BeachesMLS
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Intercoastal
- Has water view: Yes
- Water view: Intercoastal
- Waterfront features: Intracoastal Access, Navigable Water
Lot
- Size: 3.54 Acres
- Features: Cleared, Corner Lot, City Lot, Irregular Lot, Many Trees
- Residential vegetation: Mixed, Oak
Details
- Parcel number: 243635261
- Zoning: BU1 RU-2
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, None, Water Available
Community & HOA
Community
- Subdivision: SUNNYSIDE TERRACE
HOA
- Has HOA: No
Location
- Region: Merritt Island
Financial & listing details
- Annual tax amount: $8,724
- Date on market: 1/13/2026
- Cumulative days on market: 178 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Listed for sale | $2,200,000 |
Source: Space Coast AOR #1060377 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32953
Nearby schools
GreatSchools rating
- 4/10Mila Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 7/10Thomas Jefferson Middle SchoolGrades: 7-8Distance: 2.3 mi
- 5/10Merritt Island High SchoolGrades: PK,9-12Distance: 1.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Brevard County
- Merritt Island
- 32953
- 0 Merritt Avenue







