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Property profile & analytics
OFF-MARKET
Commercial real estate

4042 Tradewinds Trl Merritt Island, FL 32953

Property ID
US18-0074921
Property summary
AI-generated overview

This exceptional 84,070.8 square foot lot in Merritt Island, Florida (zip code 32953), presents a unique opportunity for commercial or residential development. Located at 4042 Tradewinds Trail, this property boasts a prime waterfront location with no rear neighbors, offering unparalleled privacy and views. The lot is already fully prepared for construction, having been cleared, graded, and leveled. Essential utilities are readily available, including city water, sewer, and reclaimed water, along with existing electrical infrastructure. Detailed plans, created with a custom builder, are included, streamlining the building process. The property's proximity to the community dock and covered pavilion overlooking the Indian River adds significant value. Recent sales of neighboring properties exceeding $1 million underscore the exceptional investment potential of this prestigious Island Estates enclave. This is the last remaining homesite on the water in this exclusive community. Financing options for vacant land are available. This is a truly remarkable opportunity to build your dream home or develop a lucrative commercial venture in a highly desirable location.

Property profile
Verified
Property type Commercial real estate
UPID US18-0074921
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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