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Property profile & analytics
OFF-MARKET
Land

243719778 Sun Pointe Pl Merritt Island, FL 32952

Property ID
Property summary
AI-generated overview

This exceptional 60,548 square foot commercial and residential land parcel presents a unique investment opportunity in the prestigious gated community of Morningside Beach, Merritt Island, Florida. Located at 243719778 Sun Pointe Place, zip code 32952, this nearly three-acre lot boasts over 400 feet of direct Intracoastal Waterway frontage, offering unparalleled access to boating, fishing, and breathtaking waterfront views. The property's prime location provides easy access to world-renowned beaches, making it an ideal location for a luxury waterfront residence or a mixed-use development. Situated in Brevard County, this vacant lot is ready for development, allowing the buyer to create their dream project. The asking price for this exceptional property is $650,000. The property's location within the exclusive Morningside Beach community ensures a tranquil and secure environment. This rare opportunity to own a substantial waterfront lot in a desirable location is not to be missed. Buyers are encouraged to act quickly to secure this exceptional piece of Florida real estate. The property is zoned for both commercial and residential use, providing flexibility for a variety of development options.

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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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