132 Gator Dr Merritt Island, FL 32953
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 132 Gator Dr
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a 24,829 square foot lot located at 132 Gator Drive, Merritt Island, Florida, 32953. Zoned for either a duplex or single-family home, this property offers significant potential for rental income or owner-occupied living. Situated just beyond the barge canal, the location provides a tranquil setting while remaining conveniently close to highly-rated schools, abundant shopping options, pristine beaches, and the renowned Kennedy Space Center. The property's proximity to major employment centers and tourist attractions ensures strong tenant demand, making it an attractive prospect for investors seeking a stable and potentially high-return investment. The lot's size allows for ample development possibilities, catering to various construction plans. This peaceful Merritt Island location offers a unique blend of serene living and easy access to a vibrant community and major attractions. The property is classified as Commercial, Apartment Building, and Residential, reflecting its versatile zoning and development potential. This is a rare opportunity to acquire a substantial parcel of land in a desirable location with excellent growth prospects. The asking price for this property is $120,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merritt Island
- County
- Brevard
- State
- Florida
- Longitude
- -80.705479
- Latitude
- 28.428842
