84 S Banana River Dr # Drive Merritt Island, FL 32952

Listing Agency Blue Marlin Real Estate

Listed by Eva McDaniel

Source Crexi

Added: Mar 17, 2024 Checked: Jul 15 at 8:54 pm

Report an Issue

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

Location Intelligence

Similar For Sale Nearby

• 

  $145,000

  998 SF

  Front-Facing Office Suite

  Office suite with front and rear access, flexible layout, tiled and laminate finishes, and freshly painted interiors.

  2555 N Courtenay Parkway, Merritt Island, FL 32953

  View Details
• 

  $2,980,000

  26,900 SF

  Well-Maintained Shopping Center with Vacant Unit

  Well-maintained shopping center with a stable tenant base and one available unit.

  880 N Banana River Dr, Merritt Island, FL 32952

  View Details
• 

  $1,249,000

  8,053 SF

  Renovated Retail-Office Center

  Renovated multi-unit retail and office center with updated interiors and ample parking on a high-traffic corridor.

  1175 N Courtenay Parkway, Merritt Island, FL 32953

  View Details
• 

  $990,000

  5,410 SF

  Turnkey Waterfront Restaurant Business

  Fully operational steakhouse and bar turnkey concept with trained staff and FF&E in a waterfront venue.

  100 North Sykes Creek Parkway, Merritt Island, FL 32953

  View Details
• 

  $350,000

  Commercial Development Land with Parkway Frontage

  1.73-acre BU-2 zoned site with direct Courtenay Parkway frontage, suited for a range of commercial developments.

  6004 N Courtenay Parkway, Merritt Island, FL 32953

  View Details
• 

  $149,900

  998 SF

  Office Suite with Front and Rear Access

  Tiled, freshly painted office suite with reception, offices, and flexible open space near high-visibility frontage.

  2555 N Courtenay Parkway Unit 27, Merritt Island, FL 32953

  View Details
• 

  $1,160,000

  5,550 SF

  Established Medical Office Investment

  Profitable medical office near new hospital, Merritt Island, Florida.

  255 Fortenberry Rd, Merritt Island, FL 32952

  View Details
• 

  $165,000

  Land in Merritt Island, FL

  2.45 acre land parcel in Merritt Island, Florida.

  6235 N Tropical Trail, Merritt Island, FL 32953

  View Details
• 

  $1,500,000

  Waterfront Land on Indian River

  Vacant lot on Indian River, close to Banana River.

  2940 MARITIME LANE, MERRITT ISLAND, FL 32953

  View Details
• 

  $225,000

  Zoned BU-1-A Development Land

  Land parcel on Courtenay Parkway, Merritt Island, zoned BU-1-A and supported by survey and an approved proposed site plan.

  2180 N Courtenay Parkway, Merritt Island, FL 32953

  View Details
• 

  $950,000

  2,012 SF

  Merritt Island Commercial Property For Sale

  Commercial property for sale in Merritt Island, Florida.

  226 S Courtenay Pkwy, Merritt Island, FL 32952

  View Details
• 

  $550,000

  Indian Riverfront Land Opportunity

  Vacant land with direct Indian River frontage and panoramic views.

  S Tropical Trail, Merritt Island, FL 32952

  View Details

FAQs

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