000 River Moorings Dr Merritt Island, FL 32953
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.
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.