For Sale
$1,450,000

84 Banana Riv Dr # DrMerritt Island, FL 32952

Prime Merritt Island Commercial Land

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.5-acre waterfront property in Merritt Island, Florida, presents a unique redevelopment opportunity. Located at 84 S Banana River Dr # Drive, 32952, this 65,340 square foot lot boasts stunning views of the 520 Causeway and direct access to the Banana River. A seawall runs the entire length of the property, offering significant waterfront potential. The flat terrain simplifies development, and while tax records indicate a prior plan for 84 condo units, the property's zoning allows for a multitude of commercial and multifamily uses. This is one of the last remaining undeveloped waterfront parcels on the Banana River, making it a truly rare find. The property is conveniently located in Brevard County, offering easy access to major roadways and amenities. Detailed survey information is available for review, providing precise measurements of the water frontage. This is an unparalleled chance to acquire a highly desirable piece of Florida real estate with immense potential for a lucrative investment. The asking price is $1,450,000. Don't miss this opportunity to create a landmark development in a prime location.

Property Details for 84 Banana Riv Dr # Dr

Property type
Land, Apartment buildings

Location Insight

City
Merritt Island
County
Brevard
State
Florida
Latitude
28.356225
Longitude
-80.661802
84 Banana Riv Dr # Dr, Merritt Island, Florida

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84 Banana Riv Dr # Dr
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