9405 Tropical Trl Merritt Island, FL 32952
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.
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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Risks
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