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Property profile & analytics
OFF-MARKET
Commercial real estate

5205 Tropical Trl Merritt Island, FL 32952

Property ID
US18-5081698
Property summary
AI-generated overview

This exceptional one-acre commercial and residential lot, located at 5205 S Tropical Trail in the desirable Hacienda Del Sol Estates of Merritt Island, Florida (zip code 32952), presents a unique investment opportunity. Boasting 43,560 square feet of land, this corner lot offers breathtaking waterfront views of the Banana River. A significant advantage is the already approved 236-foot dock variance from the HOA, simplifying the process of building your dream dock. The property features a pre-existing house pad, saving time and resources on initial construction. Imagine waking up to stunning sunrises and enjoying tranquil moonlit nights over the river. The location in Brevard County, Florida, provides easy access to local amenities and attractions. This versatile property is suitable for a variety of commercial and residential uses, making it an ideal choice for developers or individuals seeking a prime waterfront location to build their dream home or commercial venture. The asking price is $735,000. Don't miss this rare opportunity to own a piece of paradise on the Banana River.

Property profile
Verified
Property type Commercial real estate
UPID US18-5081698
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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