4042 Tradewinds Trl Merritt Island, FL 32953
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.