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    0000 Plum Ave Merritt Island, FL 32952

    For Sale
    $239,900

    Rare Buildable Canal Lot, Ocean Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7,405.2 square foot lot presents a unique opportunity in Merritt Island, Florida. Located on Plum Avenue in Brevard County, zip code 32952, this property boasts a prime canal-front position, offering direct access to Sykes Creek and ultimately, the ocean. The lot's corner location provides added versatility for building plans. Priced at $239,900, this is one of the last remaining buildable canal-front lots in the entire county, making it a truly rare find for discerning buyers. The property is zoned for both commercial and residential use, opening up a wide range of development possibilities. Imagine building your dream home with direct access to the water, enjoying the Florida lifestyle to its fullest. This is a chance to secure a piece of desirable waterfront property in a highly sought-after location. The latitude and longitude coordinates are 28.3654661 and -80.6710259 respectively. Don't miss this exceptional opportunity to acquire this unique and valuable piece of land. Act quickly, as properties like this are rarely available.

    Property Features for 0000 Plum Ave

    General Information

    Property type
    Land

    HighLights

    • 7,405.2 sq ft canal‑front lot in Merritt Island, FL (32952).
    • Prime location on Plum Ave. in Brevard County with direct Sykes Creek and ocean access.
    • Corner lot offering versatile building options.
    • Priced at $239,900; one of the last remaining buildable canal‑front lots in the county.
    • Zoned for commercial and residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.6710259
    Latitude
    28.3654661

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    FAQs

    What type of property is this?
    Land - Rare Buildable Canal Lot, Ocean Access
    Where is this land located?
    The property is located at 0000 Plum Ave Merritt Island, FL.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: 7,405.2 sq ft canal-front lot in Merritt Island, FL (32952).; Prime location on Plum Ave. in Brevard County with direct Sykes Creek and ocean access.; Corner lot offering versatile building options.
    Request Owner's contact information
    0000 Plum Ave Merritt Island, FL 32952
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    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
    0000 Plum Ave Merritt Island, FL 32952
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