Commercial Riverfront
New
For Sale
$6,000,000
1872 E Merritt Island Causeway, Merritt Island, FL 32952
Commercial Sale, Merritt Island, FL
Property Size3,696 SF
Lot Size3.04 Acres
Price / SF$1,623
Days on Market5
Property Features for 1872 E Merritt Island Causeway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial/Residential/Office
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Parking Lot
Fencing
Chain Link
Subdivision
Banana River Park
Lot features
Cleared, Corner Lot
Directions
From 520 and Milford Point Drive, Property is exactly on the corner of 520 and Miford Point Drive on the SE side of the River Corner
Standard status
Active
APN
24-37-31-01-*-19
Size
3,696 SF
Lot size
3.04 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Banana River Park Lots 17&18
Tax Annual Amount
6043
Legal Description
Banana River Park Lots 17&18
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Window Unit(s)
Water source
Public
Water front features
River Access, Navigable Water, River Front
Water front
1
Building Details
Year built
1990
Floors in Building
1
Number of units
1
Building materials
Block
Roof type
Membrane
Listing Agency:
Guettler Realty Group
(321) 355-9365
Listed By:
Carl Guettler · License #3242194
(321) 433-0110
Added: Oct 7
Last Checked: Oct 11 at 8:06PM
MLS# 1089470
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 3.04-acre commercial property combines direct river frontage with an existing 3,696-square-foot building constructed in 1990. The building is block construction, with window-unit cooling, heat-pump heating, a membrane roof, and a parking lot. Public water and sewer serve the property.
At 1872 E. Merritt Island Causeway, the site fronts SR 520 and includes a dedicated turning lane for access. The property has approximately 485 feet of river frontage and BU-2 zoning, identified for retail, warehousing, and wholesale commercial uses. Cocoa Beach is approximately 3 miles away.
At 1872 E. Merritt Island Causeway, the site fronts SR 520 and includes a dedicated turning lane for access. The property has approximately 485 feet of river frontage and BU-2 zoning, identified for retail, warehousing, and wholesale commercial uses. Cocoa Beach is approximately 3 miles away.
Key Highlights
- 3.04 acres with approximately 485 feet of direct river frontage
- 3,696‑square‑foot commercial building, built in 1990
- BU‑2 zoning for retail, warehousing, and wholesale commercial uses
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 81%
Shops & Services 18%
Dining 1%
Walmart
Superstores
100,819 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,311 visits/mo
0.1 miles
BP
Shops & Services
5,727 visits/mo
0.2 miles
Tesla Motors
Shops & Services
2,956 visits/mo
0.5 miles
Chevron
Shops & Services
2,772 visits/mo
0.4 miles
Demographics for 32952, FL
20,670
Population
10,108
Households
2
Avg Household Size
52
Median Age
45%
College-Educated
96%
High-School Grad
12.3 sq mi
ZIP Area
1,680
Density / Sq Mi
$98,651
Median Household Income
$53,478
Median Earnings
$1,353
Median Rent
$404,000
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Commercial land - A commercial site with direct river frontage, an existing building, and a dedicated turning lane from the causeway.
Where is this commercial land located?
The property is located at 1872 E Merritt Island Causeway Merritt Island, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 3.04 acres with approximately 485 feet of direct river frontage; 3,696‑square‑foot commercial building, built in 1990; BU‑2 zoning for retail, warehousing, and wholesale commercial uses
