Waterfront

Merritt Island, FL Waterfront Land for Sale

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Land, Merritt Island, FL
Updated: Aug 19
Land, Merritt Island, FL

Mango Hill Drive, Merritt Island, FL 32953

$7,500,000
30.00 AC lot
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Land/Lot
Updated: Oct 6
Land/Lot

0000 Mango Hill Dr, Merritt Island, FL 32953

$7,500,000
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Land
Land

5463 WINDING, Merritt Island, FL 32953

$380,000

Residential land & home lots

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See hot listings in Merritt Island

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Waterfront Land with Canal Access
Waterfront Land with Canal Access

3000 Yount Drive, Merritt Island, FL 32952

$1,299,000

Land parcel offers 200+ feet of direct Banana River frontage and navigable canal access for waterfront development.

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Land
Land

0000 Shore Drive, Merritt Island, FL 32952

$3,750,000

Waterfront Land

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Waterfront Residential Development Site
Waterfront Residential Development Site

0000 Sun Pointe Place, Merritt Island, FL 32952

$649,000

Nearly 3 acres of untouched land with direct Intracoastal frontage in a gated waterfront community.

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Waterfront Land Parcel
Waterfront Land Parcel

2437 Yount Drive, Merritt Island, FL 32952

$1,299,000

For sale waterfront land in Brevard County, Florida, at 2437 Yount Drive in Merritt Island.

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Lots/Land
Lots/Land

132 Gator Drive, Merritt Island, FL 32953

$107,990

Residential land & home lots

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Merritt Island Riverfront Lot
Merritt Island Riverfront Lot

3450 S Courtenay Parkway, Merritt Island, FL 32952

Contact for pricing
5.00 AC lot

Spacious 5+ acre riverfront lot on South Merritt Island.

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Land
Land

000 River Moorings Dr, Merritt Island, FL 32953

$100,000

Waterfront Land

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Entitled Multifamily Development Land
Entitled Multifamily Development Land

8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920

$8,250,000
7.50 AC lot

Fully entitled multifamily site with horizontal infrastructure in place for immediate vertical development across seven approved pads.

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Fully Entitled Waterfront Multifamily Land
Fully Entitled Waterfront Multifamily Land

8955 Puerto Del Rio Dr, Cape Canaveral, FL 32920

$8,250,000
7.50 AC lot

Seven approved pads with infrastructure in place for up to 112 multifamily units in Cape Canaveral.

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Land
Land

620 Dixon Boulevard, Cocoa, FL 32922

$1,440,000

Waterfront Land

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Riverfront Lot on Space Coast
Riverfront Lot on Space Coast

1525 N Indian River Drive, Cocoa, FL 32922

Contact for pricing
0.86 AC lot

0.86-acre riverfront lot with views on Space Coast.

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Merritt Island, FL Waterfront Land Market Trends and Statistics

Explore 10 waterfront land for sale in Merritt Island, FL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 1,524,600 square feet of properties for sale, with an estimated market value of $22,584,990.

Sale prices for water rights properties in Merritt Island, FL start at $100,000, averaging $2,509,443, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 22
Waterfront Land 20
Commercial land 12
Industrial land 4
Agricultural land / Farmland 3

Demographics Overview

Population 46K
Population Growth (5Y) +2.9%
Median Household Income $90,907
College Educated 37.7%

High-Yield Neighborhoods for Investment

Identify Merritt Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32953 $472K
32952 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $25.97 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brevard County

New Delisted

Total CRE Inventory on Market (SF)

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