1615 Stafford AveMerritt Island, FL 32952

  • Commercial land
  • 0.68 AC
For Sale
$1,000,000 View listing

Property Details for 1615 Stafford Ave

Lot size
0.68 AC
Zone code
BU1
Property type
Commercial land
APN
24-37-18-CF-0000E.0-0009.00
APU
243718CF0000E0000900

Description

This exceptional 119,790 square foot mixed-use property in Merritt Island, Florida (zip code 32952), presents a unique investment opportunity. Located at 1615 Stafford Avenue, Brevard County, this expansive parcel offers breathtaking views: water, rocket launches, cruise ships, and the Cocoa Beach skyline. Sunrises and moonrises add to the spectacular scenery. The property comprises sixteen platted lots, some with completed wetland mitigation, ready for immediate development. The site's strategic location provides easy access to numerous amenities, including a county park boasting basketball courts, soccer and football fields, tennis courts, kayaking, sailboarding, windsurfing, fishing, boat ramps, playgrounds, picnic areas, a beach, water sports equipment rentals, and extensive jogging and walking trails. The property's zoning allows for a variety of commercial uses, including, but not limited to, hotels, mini-storage facilities, cruise parking lots, retail centers, and gas stations, all under BU-1 permitted development. The property is also ideally situated for short-term rentals, such as Airbnbs. The asking price is $1,000,000. This is a rare chance to acquire a large, versatile property with stunning views and exceptional recreational opportunities in a high-demand location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,308,972
    Hospitality
    $7,610,973
    Educational
    $6,332,240
    Medical
    $6,550,016
    Retail
    $9,850,152

Location Insight

City
Merritt Island
County
Brevard
State
Florida
Latitude
28.402
Longitude
-80.6642
CBSA code
37340
CBSA name
PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,329
$108,000
-
$108,000
-
$108,000
-
$108,000

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