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N Tropical Trl - Direct River Frontage
3.52 Acres of Residential Land Offered at £2,190,860 in Merritt Island, FL 32953
Investment Highlights
- River Frontage 183 Feet
- Merritt Avenue Frontage 500 + Feet
- Waterfront Development Opportunity
- Tropical Trail Frontage 523 Feet
- Commercial, Multifamily and Single Family Development Allowed
Executive Summary
Surrounded by established multifamily developments, this site offers endless possibilities for residential, mixed-use, or commercial projects. The beautifully wooded landscape enhances the property’s appeal, making it a prime location for those seeking to blend development with nature.
With flexible zoning and riverfront access, this Merritt Island gem is the perfect canvas for your next project.
Property Facts
| Price | £2,190,860 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 3.52 AC |
| Price | £2,190,860 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 3.52 AC |
1 Lot Available
Lot
| Price | £2,190,860 | Lot Size | 3.52 AC |
| Price Per AC | £622,403 |
| Price | £2,190,860 |
| Price Per AC | £622,403 |
| Lot Size | 3.52 AC |
Waterfront development opportunity
Description
A 3.524-acre lot, located at the corner of North Tropical Trail and West Merritt Avenue in Merritt Island, Florida, is for sale. This lot is strategically located amongst several waterfront multi-family developments, just off of the Merritt Island Causeway, and just over five miles from I-95. It has 186 feet of river frontage, 340 feet of frontage on North Tropical Trail, and 300 feet on West Merritt Avenue, presenting a tremendous opportunity for high visibility. It is approximately eleven miles from the Kennedy Space Center. Favorable zoning allows for Single Family, Multifamily and/or Commercial development.
PROPERTY TAXES
| Parcel Number | 24-36-35-26-00000.0-0001.00 | Improvements Assessment | £0 |
| Land Assessment | £590,617 | Total Assessment | £590,617 |
PROPERTY TAXES
zoning
| Zoning Code | BU-1 |
| BU-1 |
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Alan King - National Realty Commercial Associates
Presented by
National Realty Commercial Associates
N Tropical Trl - Direct River Frontage
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