0000 Plum Ave Merritt Island, FL 32952
This exceptional 7,405.2 square foot lot presents a unique opportunity in Merritt Island, Florida. Located on Plum Avenue in Brevard County, zip code 32952, this property boasts a prime canal-front position, offering direct access to Sykes Creek and ultimately, the ocean. The lot's corner location provides added versatility for building plans. Priced at $239,900, this is one of the last remaining buildable canal-front lots in the entire county, making it a truly rare find for discerning buyers. The property is zoned for both commercial and residential use, opening up a wide range of development possibilities. Imagine building your dream home with direct access to the water, enjoying the Florida lifestyle to its fullest. This is a chance to secure a piece of desirable waterfront property in a highly sought-after location. The latitude and longitude coordinates are 28.3654661 and -80.6710259 respectively. Don't miss this exceptional opportunity to acquire this unique and valuable piece of land. Act quickly, as properties like this are rarely available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.