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Property profile & analytics
OFF-MARKET
Land

000 River Moorings Dr Merritt Island, FL 32953

Property ID
Property summary
AI-generated overview

This exceptional 8.5-acre commercial land parcel, located at 000 River Moorings in the exclusive Indian Bay subdivision of Merritt Island, Florida (zip code 32953), presents a unique investment opportunity. Boasting a substantial 370,260 square feet, this property offers unparalleled waterfront access on two sides, providing direct intercoastal open water access. Situated within a completely private community, this lot provides ample space for a variety of commercial developments, potentially including a family compound or large-scale project. The property's location in North Merritt Island combines tranquility with convenient access to local amenities and infrastructure. The asking price for this remarkable land is $200,000. This is a rare chance to acquire a significant waterfront commercial property in a highly desirable and exclusive Florida location. The latitude and longitude coordinates are 28.444131 and -80.7207487 respectively. This property is zoned for commercial use and is located in Brevard County. The expansive lot size allows for significant development potential, catering to a wide range of commercial ventures. The private community setting offers a unique blend of seclusion and accessibility.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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