00000 Tropical Tr-S Courtenay Pkwy Merritt Island, FL 32952
This exceptional 56,192 square foot commercial and residential land parcel presents a unique opportunity in Merritt Island, Florida. Located at 00000 S Tropical Tr-S Courtenay Pkwy, zip code 32952, Brevard County, this property boasts a prime riverfront location, offering over an acre of buildable land. The asking price is $449,000, translating to approximately $348,062.02 per acre. Its convenient location places it directly across from the Georgianna Settlement subdivision and adjacent to the community dock's southern boundary. The property's APN is 25-37-19-Cs-00000.0-0001.00. This expansive lot provides ample space for a variety of development possibilities, catering to both commercial and residential ventures. Imagine creating your own island paradise with breathtaking river views. A virtual tour is available online. This is a rare chance to acquire a significant piece of riverfront property in a desirable Florida location. Serious inquiries only.
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.
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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.