↓ Price reduced $80,000 on Sep 16, 2026
0 Merritt Avenue, Merritt Island, FL 32953
- Beds
- —
- Baths
- 0
- Sqft
- —
- Home type
- Unimproved Land
- Year built
- —
- Lot size
- 154,202 sqft
- Price / sqft
- —
- HOA
- $0/mo
- Community
- SUNNYSIDE TERRACE
Property description
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 PRICED BELOW APPRAISED VALUE!
Listing activity
- Days on market
- 253
- Listed
- Jan 13, 2026
- MLS listing updated
- Sep 16, 2026
- Feed last checked
- 12 minutes ago
Listed by Keith Krodel · Reef Realty Florida LLC
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms
- 0
- Bathrooms (decimal)
- 0
Property
Exterior
- View
- Intracoastal
- Waterfront
- Intracoastal, Navigable Water
- Waterfront property
- Yes
Lot
- Lot size
- 154,202 sqft
- Lot size (acres)
- 3.54 acres
- Lot features
- Corner Lot, Irregular Lot, Many Trees, Cleared
- Zoning
- BU1 RU-2
- Road surface
- Paved
- Road frontage
- East of US-1
- Road responsibility
- Public Maintained Road
Construction
Type & style
- Home type
- Unimproved Land
Materials
- Faces
- East
Utilities & green energy
Utilities
- Water
- Public
- Utilities
- Electricity Available, Water Available, None
Community & HOA
Community
- Subdivision
- SUNNYSIDE TERRACE
- MLS area
- 6371 - Brevard County (E of IR)
- MLS subarea
- INRV - Indian River
Association
- Has association
- No
- Estimated monthly dues
- $0
Lease details
Not reported by the listing source.
Location
Area details
- City
- Merritt Island
- County
- Brevard
- ZIP code
- 32953
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- R11153965
- Possession
- Close Of Escrow
- Original list price
- $2,200,000
- Parcel number
- 243635261
- Annual property tax
- $8,724.91
- Tax year
- 2025
- Tax legal description
- SUNNYSIDE TERRACE ALL LOTS 1 TO 9, 11 TO 14, 19, 20 & VAC ADJ RDS & PART OF LOTS 10, 15, 18 & VAC KINGS LN AS DESC IN
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 0
- Bathrooms Total Integer
- 0
- County Or Parish
- Brevard
- Days On Market
- 253
- Direction Faces
- East
- List Price
- 2120000
- Listing Contract Date
- 2026-01-13
- Lot Size Acres
- 3.54
- MLSArea Major
- 6371 - Brevard County (E of IR)
- MLSArea Minor
- INRV - Indian River
- Mls Status
- Active
- On Market Date
- 2026-01-13
- Photos Count
- 22
- Postal Code
- 32953
- Price Change Timestamp
- 2026-09-16T12:52:36Z
- Property Sub Type
- Unimproved Land
- Property Type
- Land & Docks
- Road Frontage Type
- East of US-1
- Road Surface Type
- Paved
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-01-13T18:12:57Z
- Subdivision Name
- SUNNYSIDE TERRACE
- Water Source
- Public
- Waterfront Features
- Intracoastal, Navigable Water
- Tax Annual Amount
- 8724.91
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jan 13, 2026 | ListedBeachesMLS | $2,200,000 |
| Sep 16, 2026 | Price reducedBeachesMLS | $2,120,000 |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $8,725 | — |
Payment calculator
- Principal & interest
- $11,000
- Property taxes
- $727
- Insurance
- $1,060
- Association dues
- $0
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
SUNNYSIDE TERRACEMerritt Island · Brevard County · 32953
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Not reported by the listing source.
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.Nearby homes
12 homes
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
Property photos coming from MLS