29 Lots Pne Is Rd Merritt Island, FL 32953
- Land
Current Use by Public Records
- Land
Property Details for 29 Lots Pne Is Rd
- Property type
- Land
Description
This exceptional 66-acre (2,874,960 square foot) property in Merritt Island, Florida, presents a unique investment opportunity. Located at 29 Lots Pine Island Road, zip code 32953, this expansive land parcel is zoned for both commercial and residential development, offering unparalleled flexibility. Its prime location, just 3.5 miles from Kennedy Space Center, SpaceX, and Blue Origin, ensures high demand and strong potential for return. The proximity to these major employers makes this an ideal site for a residential development targeting high-income professionals. The zoning allows for the construction of custom homes, with building heights potentially reaching two or three stories. This presents a chance to create a prestigious community catering to the needs of a highly sought-after demographic. The property's substantial size allows for a variety of development plans, from luxury single-family homes to mixed-use projects. With its strategic location and versatile zoning, this 66-acre tract is poised for significant growth and offers a compelling investment opportunity in the thriving Brevard County market. The asking price for this remarkable property is $3,495,000. Serious inquiries are encouraged.
Value Estimation
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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
- -80.7151
- Latitude
- 28.4927
