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    575 River Moorings Dr Merritt Island, FL 32953

    • Commercial real estate
    For Sale
    View listing
    $650,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-0647209
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 575 River Moorings Dr

    Property type
    Commercial real estate

    Description

    This exceptional .36-acre lot, located at 575 River Moorings Drive in the desirable gated community of River Moorings, Merritt Island, Florida (zip code 32953), presents a unique opportunity to build your dream home. Boasting over 100 feet of direct waterfront access on the Indian River, this 15,682 square foot parcel offers breathtaking views and unparalleled luxury. The property includes a deeded right to a boat slip in the community marina, complete with electric and water hookups. Residents enjoy access to an observation deck within the marina, perfect for relaxation and enjoying the scenic surroundings. River Moorings provides a tranquil yet convenient lifestyle, with easy access to Cocoa Village, Cape Canaveral, Cocoa Beach, various shopping and dining options, nature trails, outdoor recreation, and international airports. This is one of the last available direct riverfront lots in this sought-after location, making it an exceptional investment opportunity for those seeking the epitome of waterfront living on Florida's Space Coast. Embrace the opportunity to create your ideal home in this prestigious community.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.72296
    Latitude
    28.442469

    Comparable in this City

    • $359,900

      Merritt Island Commercial Land

      6+ Acre Banana Riverfront Lot
      3190 Courtenay Pkwy, Merritt Island, FL 32953
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    • $205,000

      Merritt Island Commercial Land

      Nearly 5 acres, build your dream!
      475 Pine Island Rd, Merritt Island, FL 32953
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    • $1,900,000

      Merritt Island Waterfront Land

      1.47 Acres, Prime Location, Riverfront
      3495 Spartina Ave, Merritt Island, FL 32953
      View Details
    • $3,495,000

      Merritt Island Development Land

      66-Acre Commercial/Residential Tract
      29 Lots Pne Is Rd, Merritt Island, FL 32953
      View Details
    • $99,900

      Merritt Island Commercial Land - $99,900

      Prime Acreage, Mixed-Use Potential, Florida
      7515 Patti Dr, Merritt Island, FL 32953
      View Details
    • $130,000

      Merritt Island Commercial Land Opportunity

      Prime 10,000+ sq ft lot, build your dream!
      1125 Newfound Harbor Dr, Merritt Island, FL 32953
      View Details

    Similar Nearby for Sale

    • $99,900

      Merritt Island Commercial Land - $99,900

      Prime Acreage, Mixed-Use Potential, Florida
      7515 Patti Dr, Merritt Island, FL 32953
      View Details
    • $359,900

      Merritt Island Commercial Land

      6+ Acre Banana Riverfront Lot
      3190 Courtenay Pkwy, Merritt Island, FL 32953
      View Details
    • $205,000

      Merritt Island Commercial Land

      Nearly 5 acres, build your dream!
      475 Pine Island Rd, Merritt Island, FL 32953
      View Details
    • $1,900,000

      Merritt Island Waterfront Land

      1.47 Acres, Prime Location, Riverfront
      3495 Spartina Ave, Merritt Island, FL 32953
      View Details
    • $3,495,000

      Merritt Island Development Land

      66-Acre Commercial/Residential Tract
      29 Lots Pne Is Rd, Merritt Island, FL 32953
      View Details
    • $130,000

      Merritt Island Commercial Land Opportunity

      Prime 10,000+ sq ft lot, build your dream!
      1125 Newfound Harbor Dr, Merritt Island, FL 32953
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,002,500 SF

      Courtenay Parkway Commercial Property

      Prime Retail/Office Space, High Visibility
      4805 Courtenay Pkwy, Merritt Island, FL 32953
      View Details
    • $17 SF/Yr
      1,662 SF

      Courtenay Parkway Retail Space

      Medical/Office Space, High Visibility
      250 Courtenay Pkwy, Merritt Island, FL 32953
      View Details
    • $5,000 /Mo

      3.83 Acre Industrial Land Parcel

      3.83 acre industrial land for lease, Merritt Island, FL.
      3265 N Courtenay Pkwy, Merritt Island, FL 32953
      View Details
    • $15 SF/Yr
      36,239 SF

      Merritt Island Office Space Available

      Versatile Office Building, 19,000 SF Vacant
      255 Sykes Creek Pkwy, Merritt Island, FL 32953
      View Details
    • $19 SF/Yr
      2,026 SF

      Merritt Island Retail Space

      Prime Merritt Island retail space, 2,026 sq ft.
      375 Merritt Ave, Merritt Island, FL 32953
      View Details
    • $875 /Mo
      23,087 SF

      Merritt Island Office Space Available

      Remodeled office suite with free water and ample parking.
      76 E Merritt Is Cswy Unit, Merritt Island, FL 32953
      View Details
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    575 River Moorings Dr
    Merritt Island, FL 32953
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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
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