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    00000 Tropical Tr-S Courtenay Pkwy Merritt Island, FL 32952

    Sponsored
    For Sale
    $449,000

    Riverfront Land: Build Your Dream

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 56,192 square foot commercial and residential land parcel presents a unique opportunity in Merritt Island, Florida. Located at 00000 S Tropical Tr-S Courtenay Pkwy, zip code 32952, Brevard County, this property boasts a prime riverfront location, offering over an acre of buildable land. The asking price is $449,000, translating to approximately $348,062.02 per acre. Its convenient location places it directly across from the Georgianna Settlement subdivision and adjacent to the community dock's southern boundary. The property's APN is 25-37-19-Cs-00000.0-0001.00. This expansive lot provides ample space for a variety of development possibilities, catering to both commercial and residential ventures. Imagine creating your own island paradise with breathtaking river views. A virtual tour is available online. This is a rare chance to acquire a significant piece of riverfront property in a desirable Florida location. Serious inquiries only.

    Property Features for 00000 Tropical Tr-S Courtenay Pkwy

    General Information

    Property type
    Land

    HighLights

    • Exceptional 56,192 SF commercial/residential land parcel in Merritt Island, FL.
    • Prime riverfront location, over 1 acre buildable.
    • Asking price: $449,000 ($348,062.02/acre).
    • Located at 00000 S Tropical Tr‑S Courtenay Pkwy, 32952, Brevard County; APN 25‑37‑19‑Cs‑00000.0‑0001.00.
    • Virtual tour available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.704427
    Latitude
    28.3568445

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    FAQs

    What type of property is this?
    Land - Riverfront Land: Build Your Dream
    Where is this land located?
    The property is located at 00000 Tropical Tr-S Courtenay Pkwy Merritt Island, FL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: Exceptional 56,192 SF commercial/residential land parcel in Merritt Island, FL.; Prime riverfront location, over 1 acre buildable.; Asking price: $449,000 ($348,062.02/acre).
    Request Owner's contact information
    00000 Tropical Tr-S Courtenay Pkwy 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
    00000 Tropical Tr-S Courtenay Pkwy Merritt Island, FL 32952
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