Current Use by Public Records
- Land
Property Details for 0000 Shr Dr Dr
- Property type
- Land
Description
This remarkable 223,027 square foot property in Merritt Island, Florida, presents a unique investment opportunity. Located in a gated community, this expansive land parcel offers the potential for development as one large estate or two separate buildable lots. The property boasts breathtaking views, including spectacular space launches, sunrises, sunsets, full moon risings, cruise ships, and the nighttime skylines of Cape Canaveral and Cocoa Beach. Its prime location on a peninsula, dredged in 1954, provides exceptional shoreline protection via a seawall and/or coquina revetment. The property's riparian rights may even allow for a helicopter landing pad over the river portion of a submerged land deed, subject to applicable regulations and permits. Anglers will appreciate the excellent fishing opportunities available. All utilities are conveniently located underground. The asking price for this exceptional waterfront property is $3,500,000. This is a rare chance to acquire a truly unique and desirable piece of Florida real estate with significant potential. The property is zoned for both commercial and residential use, offering flexibility for various development plans. The address is 0000 Shore Drive Drive, Merritt Island, FL 32952.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merritt Island
- County
- Brevard
- State
- Florida
- Longitude
- -80.6662
- Latitude
- 28.3829
