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Banana River Waterfront Redevelopment Opportunity
For Sale
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84 S Banana River Dr # Drive, Merritt Island, FL 32952

Waterfront land for redevelopment with views of the 520 Causeway.

Property SizeContact for details
Lot Size1.50 Acres
Days on Market901

Property Features for 84 S Banana River Dr # Drive

General Information

Standard status Active
Lot size 1.50 Acres
Property subtype Land, Multifamily
Listing Agency: Blue Marlin Real Estate
Listed By: Dennis Quolke · License #3478563
Source: Crexi
Added: Mar 17, 2024 Changed: Aug 16 Last Checked: Aug 29 at 6:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Marlin Real Estate

Investment Insights

Based on property information with market context.

This is a unique opportunity to redevelop one of the last Banana River waterfront properties. The one and a half acre property is flat and offers views of the 520 Causeway. A sea wall runs the length of the property. The tax records indicate a previous consideration to build 84 condo units many years ago. Many uses are possible for this property. The survey in the documents provides the total water frontage.

Key Highlights

  • 1.5 acres of flat Banana River waterfront property
  • Redevelopment opportunity
  • Sea wall runs the length of the property

Property Analytics

Current Use

Waterfront Land

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront land for redevelopment with views of the 520 Causeway.
Where is this waterfront land located?
The property is located at 84 S Banana River Dr # Drive Merritt Island, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 1.5 acres of flat Banana River waterfront property; Redevelopment opportunity; Sea wall runs the length of the property
(407) 346-9148 Call to check price and availability
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