Property profile

3900 Courtenay Pkwy Merritt Island, FL 32953

OFF-MARKET
Land
Property ID
US18-2847928
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Property summary

AI-generated overview

This exceptional 37-acre parcel presents a unique investment opportunity in Brevard County, Florida. Located at 3900 N Courtenay Pkwy and 165 Gator Drive, Merritt Island, FL 32953 (28.4275484, -80.7036875), this contiguous land boasts 90 feet of frontage on Courtenay Parkway. The property's dual agricultural and residential zoning offers diverse development potential. Its strategic location provides convenient access to key areas: less than 20 minutes to Port St. John, 25 minutes to Titusville, only 9 miles from Cape Canaveral, and 6 miles from Cocoa. This makes it ideal for a variety of uses, from agricultural pursuits to residential development, or a combination thereof. The asking price for this expansive land parcel is $2,400,000. Given its size, location, and zoning, this property represents a compelling investment opportunity with significant upside potential. Serious inquiries are encouraged to explore the possibilities this remarkable land offering presents. The property is situated in Brevard County and offers a rare combination of accessibility and expansive acreage. Don't miss this chance to acquire a substantial land holding in a rapidly growing region of Florida.

Property profile

Verified
Property type Land
UPID US18-2847928

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3900 Courtenay Pkwy Merritt Island, FL 32953
Merritt Island metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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