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    575 River Moorings Dr Merritt Island, FL 32953

    For Sale
    $650,000

    Exclusive gated community, waterfront lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional .36-acre lot, located at 575 River Moorings Drive in the desirable gated community of River Moorings, Merritt Island, Florida (zip code 32953), presents a unique opportunity to build your dream home. Boasting over 100 feet of direct waterfront access on the Indian River, this 15,682 square foot parcel offers breathtaking views and unparalleled luxury. The property includes a deeded right to a boat slip in the community marina, complete with electric and water hookups. Residents enjoy access to an observation deck within the marina, perfect for relaxation and enjoying the scenic surroundings. River Moorings provides a tranquil yet convenient lifestyle, with easy access to Cocoa Village, Cape Canaveral, Cocoa Beach, various shopping and dining options, nature trails, outdoor recreation, and international airports. This is one of the last available direct riverfront lots in this sought-after location, making it an exceptional investment opportunity for those seeking the epitome of waterfront living on Florida's Space Coast. Embrace the opportunity to create your ideal home in this prestigious community.

    Property Features for 575 River Moorings Dr

    General Information

    Property type
    Land

    HighLights

    • .36‑acre waterfront lot in the gated River Moorings community, Merritt Island, FL (32953).
    • Over 100 feet of direct Indian River frontage on a 15,682 sq ft lot.
    • Includes a deeded boat slip with electric and water hookups in the community marina.
    • Community amenities include an observation deck.
    • Convenient location near Cocoa Village, Cape Canaveral, Cocoa Beach, and major transportation.
    • One of the last available direct riverfront lots in River Moorings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Gym & Fitness Accounting Firm Kitchen & Bath HVAC Service Cafe & Coffee Shop Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.72296
    Latitude
    28.442469

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    FAQs

    What type of property is this?
    Land - Exclusive gated community, waterfront lot.
    Where is this land located?
    The property is located at 575 River Moorings Dr Merritt Island, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: .36-acre waterfront lot in the gated River Moorings community, Merritt Island, FL (32953).; Over 100 feet of direct Indian River frontage on a 15,682 sq ft lot.; Includes a deeded boat slip with electric and water hookups in the community marina.
    Request Owner's contact information
    575 River Moorings Dr Merritt Island, FL 32953
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    Merritt Island, FL 32953
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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
    575 River Moorings Dr Merritt Island, FL 32953
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