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    Merritt Island, FL
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    Merritt Island, FL Waterfront Land for Sale

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    Melbourne, FL Rockledge, FL Cocoa Beach, FL
    6 results
    Space Coast Waterfront Homesite
    $825,000

    Space Coast Waterfront Homesite

    1770 S Shelter Trl, Merritt Island, FL 32952

    Waterfront homesite with views of rocket launches and marine life.

    • Unobstructed views of rocket launches from Cape Canaveral.
    • Waterfront property on the Banana River.
    • Views of cruise ships departing from Port Canaveral.
    • Opportunity to observe local marine life (dolphins, manatees).
    • Ideal location for building a custom home.
    Updated: Apr 14
    View details
    Banana Riverfront Vacant Land
    $279,900
    6.31 Acres

    Banana Riverfront Vacant Land

    3190 South Courtenay Parkway, Merritt Island, FL 32952

    6.31 acres with nearly 400 feet of Banana River frontage.

    • 6.31‑acre vacant lot on South Merritt Island
    • Nearly 400 feet of Banana River frontage
    • Riverfront property with tranquil waters
    • Picturesque location offering breathtaking beauty
    Updated: Sep 19, 2025
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    Waterfront Land on Tropical Trail
    $899,000
    1.86 Acres

    Waterfront Land on Tropical Trail

    1.86 acres of waterfront property on the Indian River.

    0000 S. TROPICAL TRAIL, Merritt Island, FL 32952
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    Waterfront Land on Indian River
    $1,850,000
    1.47 Acres

    Waterfront Land on Indian River

    1.47 acres with 360 feet of waterfront.

    3495 Spartina, Merritt Island, FL 32953
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    Waterfront Lot in Gated Community
    $649,000
    0.36 Acres

    Waterfront Lot in Gated Community

    Waterfront lot with deeded boat slip in gated community.

    575 River Moorings Drive, Merritt Island, FL 32953
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    Banana River Waterfront Redevelopment Opportunity
    $1,450,000
    1.50 Acres

    Banana River Waterfront Redevelopment Opportunity

    Waterfront land for redevelopment with views of the 520 Causeway.

    84 S Banana River Dr # Drive, Merritt Island, FL 32952
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

    2.53 Acre Waterfront Land
    $450,000
    2.52 Acres

    2.53 Acre Waterfront Land

    2.53 acre waterfront lot in Bay Lake Ranch Community.

    Saint Cloud, FL 34771
    View details
    Lakefront Land on Lake Mary
    $1,150,000
    2.10 Acres

    Lakefront Land on Lake Mary

    Lakefront lot with permits, wells, and boat dock.

    12518 S LAKE MARY JANE ROAD, Orlando, FL 32832
    View details
    Lakefront Land in Bay Lake
    $450,000
    2.52 Acres

    Lakefront Land in Bay Lake

    2.53 acre lakefront property in Bay Lake Ranch.

    Saint Cloud, FL 34771
    View details
    Waterfront Development Property in Orlando
    Contact for pricing

    Waterfront Development Property in Orlando

    Largest waterfront development property in Central Florida with extensive frontage.

    19543 E Colonial Dr, Orlando, FL 32820
    View details

    Merritt Island, FL Waterfront Land Investment Opportunities Market Analysis

    Explore 6 waterfront land for sale in Merritt Island, FL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $5,952,900.

    Sale prices for water rights properties in Merritt Island, FL start at $279,900, averaging $992,150, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Commercial land 10
    Residential land & home lots 8
    Waterfront Land 6
    Industrial land 3
    Agricultural land / Farmland 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    32952 $863.5K
    32953 $1.2M

    Taxes & Financing

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

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