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$2,120,000 -$80,000 (-3.64%) Price Reduced

  • For Sale
  • Active
  • Vacant Land
  • 3.54 Acres
  • Updated 5 days ago
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Priced below recent Appraisal. 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. Space Coast launches are even visible from the property. 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.

Full Property Details for 0 Merritt Ave

General

  • Price: $2,120,000
  • Taxes: $9,274 (2023)
  • Status: Active
  • Type: Vacant Land
  • Source: BrevardCounty
  • MLS ID: 1060377
  • Updated: 9/16/2026
  • Added to Site: 355 day(s) ago

Location

  • Area: 251 - Central Merritt Island
  • County: Brevard
  • Subdivision: Sunnyside Terrace
  • Driving Directions: From 520 head North on North Tropical Trail. Make a Left on Merritt Avenue. Lot is located on the left.
  • Total Lots Available: 1

School Information

  • Elementary School: Mila
  • Middle School: Jefferson
  • High School: Merritt Island

Utilities

  • Water: None
  • Utility Description: Other

Structural Information

  • Current Bldg. Use: Commercial, Investment, Medical/Dental, Mixed Use, Multi-Family, Office, Residential, Retail, Single Family, Mini Storage

Additional Structures

  • Other Structures: Other

Lot Features

  • Property View: River
  • Lot Size (Acres): 3.54
  • Lot Size (Sq. Ft.): 161,608
  • Frontage: County Road
  • Street/Road Desc.: Asphalt, Concrete
  • Lot Features: Corner Lot, Dead End Street, Many Trees, Split Possible
  • Fencing (Description): Chain Link

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Indian River

Financial Considerations

  • Tax Amount: $9,274.88
  • Tax Year: 2023
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 24-36-35-26-00000.0-0001.00

Listed by Reef Realty Florida LLC

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Listing agents

— 0 Merritt Ave —

  • Reef Realty Florida LLC

  • Reef Realty Florida LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 0 Merritt Ave

School District:Brevard County School District
NameGradesDistance
Mila Elementary School
288 West Merritt Avenue, Merritt Island, FL 32953
PK-60.2 mi
Merritt Island High School
100 Mustang Way, Merritt Island, FL 32953
9-121.2 mi
Thomas Jefferson Middle School, Merritt Island, FL
1275 South Courtenay Parkway, Merritt Island, FL 32952
7-82.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 0 Merritt Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2026
Price Reduced
$2,120,000
-3.64%
MLS
10/01/2025
Listed
$2,200,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Reef Realty Florida LLC

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0 Merritt Avenue, Merritt Island, FL 32953 (MLS# 1060377) is a Vacant Land property with a lot size of 3.54 acres. 0 Merritt Avenue is currently listed for $2,120,000 and was received on October 01, 2025. Want to learn more about 0 Merritt Avenue? Do you have questions about finding other Vacant Land real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.

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