00 Eddy St Merritt Island, FL 32952
This exceptional 70,000 square foot lot presents a rare opportunity to own a piece of waterfront paradise in Merritt Island, Florida. Located on a quiet dead-end street adjacent to a wildlife preserve, this property offers unparalleled privacy and access to nature. Imagine building your dream home with direct waterfront access, perfect for launching a powerboat or kayak from your private dock. Explore the adjacent wildlife refuge via a quarter-mile-long upland trail, immersing yourself in the natural beauty of the area. This east Merritt Island location provides convenient access to hundreds of additional acres via kayak, boat, and established trails. The property's unique characteristics also offer the potential for subdivision into two separate waterfront parcels, increasing its investment potential. Situated at 00 Eddy Street, Merritt Island, FL 32952, this 70,000 square foot lot is priced at $375,000. The property is zoned for both commercial and residential use, providing flexibility for a variety of development options. This is a truly unique opportunity to own a significant piece of waterfront property in a highly desirable location. Further details are available upon request.
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
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No recorded transactions found for this property.
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Risks
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