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    2513 N Banana River Dr Merritt Island, FL 32952

    Sponsored
    For Sale
    $129,400

    LAND - Merritt Island, FL

    Lot size:
    0.17 Acres
    Days on Market:
    30
    Last Refresh:
    Jan 8 at 4:06 pm

    Property Features for 2513 N Banana River Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    24-37-18-Cf-0000e.0-0004.00
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer

    Lokation Real Estate (954) 545-5583 [email protected]

    Listing agent Benjamin K. Brozman (954) 545-5583

    Listing date Dec 10, 2025

    MLS# 1063739 Listing URL

    Copyright © 2025 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Merritt Island Waterfront Residential Land

    This property presents a rare opportunity to create a coastal residence in a desirable waterfront area of Merritt Island, Florida. The land is fully prepared for residential development, with ERP permitting completed. A Certificate of Service includes mitigation, project drawings, design specifications, and construction plans for a single-family home. Authorization from the U S Army Corps of Engineers is secured. The property allows for construction up to thirty-six feet, enabling the design of a three-story home with elevated panoramic views of rocket launches, the Banana River, and surrounding Florida wetlands. Located across from Kelly Park and minutes from Port Canaveral, beaches, dining, and boat ramps, this homesite offers an ideal setting for a coastal retreat. The lot size is 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Building Supply Auto Repair Shop Kitchen & Bath Department Store HVAC Service Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.664173
    Latitude
    28.402876

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    FAQs

    What type of property is this?
    Land - Waterfront land ready for residential development in Merritt Island, FL.
    Where is this land located?
    The property is located at 2513 N Banana River Dr Merritt Island, FL.
    What is the asking price?
    The asking price for this property is $129,400.
    What are key features of this property?
    This property features: - Ready for immediate residential development: all necessary permits and authorizations secured.; - Waterfront property with potential for elevated panoramic views of rocket launches, Banana River, and Florida wetlands; buildable up to 36 feet/three stories.; - Located in a desirable waterfront corridor on Merritt Island.
    (321) 615-5092
    Request Owner's contact information
    2513 N Banana River Dr Merritt Island, FL 32952
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2513 N Banana River Dr Merritt Island, FL 32952
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