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Property profile & analytics
OFF-MARKET
Land

9405 Tropical Trl Merritt Island, FL 32952

Property ID
Property summary
AI-generated overview

This exceptional 65,340 square foot lot presents a unique opportunity in Merritt Island, Florida. Situated on 9405 S Tropical Trail, this expansive property boasts full frontage on both the Indian River and the Banana River, offering unparalleled waterfront views. The existing home, rebuilt in 2005, features a durable 30+ year metal roof, original terrazzo flooring throughout, and hurricane-impact windows. This remarkable property offers the potential for a variety of uses, from a private estate to a family compound, or even a potential subdivision (buyer to verify feasibility). The location in Brevard County, zip code 32952, provides convenient access to local amenities while maintaining a serene, waterfront setting. This is one of the last remaining large river-to-river estate properties on South Merritt Island, representing a rare chance to acquire a significant piece of prime real estate with exceptional versatility. The asking price is $1,850,000. This property is zoned for both commercial and residential use. Buyers are responsible for conducting their own due diligence regarding potential lot division.

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
by Request
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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