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Property profile & analytics
OFF-MARKET
Commercial real estate

835 Newfound Harbor Dr Merritt Island, FL 32952

Individually Owned
Property ID
US18-6808304
Property summary
AI-generated overview

This exceptional 85,378 square foot property located at 835 Newfound Harbor Drive, Merritt Island, Florida 32952, presents a unique investment opportunity. Situated in Brevard County, this nearly two-acre parcel offers a blend of commercial and residential potential. The land boasts two direct waterfront lots and two lots with water access, all enhanced by mature mango and avocado trees. Existing infrastructure includes two wells and electricity, ensuring immediate utility access. A recent survey is available, along with a site plan illustrating the potential for division into four separate waterfront access lots. This presents a significant opportunity for developers or contractors seeking high-profit ventures. The property's high and dry elevation provides peace of mind, and the breathtaking sunrises and sunsets offer unparalleled natural beauty. The asking price is $850,000, with the possibility of short-term owner financing. This is a truly rare opportunity

Property profile
Verified
Property type Commercial real estate
UPID US18-6808304
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Thomas Merson
Thomas Merson
since 2026
3 recorded transactions
2026
Price N/A
2025
$710,000
2021
$400,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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