426 Plumosa St Merritt Island, FL 32952
- Commercial real estate
- 20,038 SF
- 0.46 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 426 Plumosa St
- Year built
- 1953
- Lot size
- 0.46 lot acres
- Property size
- 20,038 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use property, located at 426 S Plumosa St in Merritt Island, Florida (zip code 32952), presents a unique investment opportunity. The property encompasses a substantial 20,038 square feet on a 0.46-acre lot, featuring a single building constructed in 1953. Priced at $285,000 ($14.22 per square foot), this offering provides significant potential for redevelopment or renovation. The existing structure is a 564 square foot manufactured home, offering a blank canvas for creative vision. Its Residential Commercial zoning allows for flexible use, catering to a variety of residential and commercial ventures. Situated in a thriving Brevard County community, this property benefits from convenient access to amenities, schools, and transportation routes. The property's ample land area and strategic location within a growing market make it an attractive investment with potential for long-term appreciation. This is an ideal opportunity for investors seeking a versatile property with significant upside in a desirable Florida location. The property's size and zoning flexibility offer a multitude of development options, from residential conversion to commercial ventures, or a combination of both. This presents a chance to capitalize on the increasing demand for both residential and commercial spaces in Merritt Island.
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
- -80.6917989
- Latitude
- 28.3501661
