Lot/land

$2,120,000

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

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 PRICED BELOW RECENT APPRAISAL

5 days
49
2

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Features

Has view: Yes
View description: Intercoastal, River, Water
Has water view: Yes
Water view: Intercoastal,River,Water
Waterfront features: Intracoastal Access, Navigable Water, River Front, River Access
Frontage type: Waterfront
Frontage length: 186.00,186.00

Lot

Size: 3.54 Acres
Features: Cleared, Corner Lot, City Lot, Dead End, Irregular Lot, Many Trees
Residential vegetation: Mixed, Oak

Details

Parcel number: 243635261
Zoning: BU1 RU-2
Special conditions: Standard

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: 10/14/2026
Cumulative days on market: 261 days
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/16/2026	Listed for sale	$2,120,000-3.6%
Source: BeachesMLS #R11153965 Report a problem
10/24/2025	Listed for sale	$2,200,000
Source: Space Coast AOR #1060377 Report a problem