Residential

Merritt Island, FL Residential Land & Home Lots for Sale

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Residential Lot in Merritt Island
Updated: Nov 17, 2025
Residential Lot in Merritt Island

478 ROOSEVELT Avenue, Merritt Island, FL 32953

$64,900
0.14 AC lot
Build‑ready lot in established Merritt Island neighborhood
Zoned RU‑1‑7 for single‑family residential use
Minutes from Atlantic beaches, parks, shopping, dining, and Kennedy Space Center
Utilities available in the area
Potential exemption from developmental/impact fees (buyer to verify)
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Residential Lot in Merritt Island
Updated: Nov 17, 2025
Residential Lot in Merritt Island

478 Roosevelt Ave, Merritt Island, FL 32953

$64,900
0.14 AC lot
Minutes from Atlantic beaches, parks, shopping, dining, and Kennedy Space Center.
Build‑ready lot in an established Merritt Island neighborhood.
Zoned RU‑1‑7 for single‑family residential use.
Utilities are available in the area (Public Water and Sewer).
Potential exemption from developmental/impact fees (buyer to verify).
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Merritt Island Land Near Port
Merritt Island Land Near Port

N Courtenay Parkway, Merritt Island, FL 32953

$1,475,000

5.91-acre parcel near Port Canaveral, suitable for various uses.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Corner Residential Building Lot
Corner Residential Building Lot

790 Indianola Drive, Merritt Island, FL 32953

$100,000
0.27 AC lot

Corner lot at Indianola Drive and Tropical Way, spanning approximately 0.27 acres and ready for a new custom home.

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Land, Merritt Island, FL
Land, Merritt Island, FL

132 Gator Drive, Merritt Island, FL 32953

$102,000
0.57 AC lot

Land · 0.57 Acres

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Merritt Island Land Opportunity
Merritt Island Land Opportunity

000000, Merritt Island, FL 32953

$1,475,000
5.91 AC lot

5.91-acre parcel near Port Canaveral with development potential.

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Subdividable Land Parcel
Subdividable Land Parcel

0000 Chase Hammock Rd, Merritt Island, FL 32953

$399,000
11.00 AC lot

More than 11 acres of mostly natural land with about 5.5 acres identified as buildable and potentially subdividable.

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Untouched Land Near Waterfront Access
Untouched Land Near Waterfront Access

475 PINE ISLAND Rd, Merritt Island, FL 32953

$135,000
4.89 AC lot

Nearly 5 acres of wooded land with waterfront access.

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Waterfront Land with River Access
Waterfront Land with River Access

2940 Maritime Lane, Merritt Island, FL 32953

$1,500,000

Vacant waterfront lot on the Indian River with electric and sewer connections, offering dock-building options.

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Land
Land

435 Gails Way, Merritt Island, FL 32953

$325,000

Residential land & home lots

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Build-Ready Residential Lot
Build-Ready Residential Lot

478 Roosevelt Avenue, Merritt Island, FL 32953

$64,900
0.14 AC lot

Build-ready single-family lot zoned RU-1-7, with utilities available in the area.

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Waterfront Residential Development Site
Waterfront Residential Development Site

0000 Sun Pointe Place, Merritt Island, FL 32952

$649,000

Nearly 3 acres of untouched land with direct Intracoastal frontage in a gated waterfront community.

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Merritt Island Riverfront Lot
Merritt Island Riverfront Lot

3450 S Courtenay Parkway, Merritt Island, FL 32952

Contact for pricing
5.00 AC lot

Spacious 5+ acre riverfront lot on South Merritt Island.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 13 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Permitted Waterfront Residential Subdivision
Permitted Waterfront Residential Subdivision

1500 N Cocoa Blvd, Cocoa, FL 32922

Contact for pricing
10.26 AC lot

10.26-acre development site with 26 fully permitted lots, including 1 private-dock riverfront lot.

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Vacant Lot in Growing Area
Vacant Lot in Growing Area

1403 DONNA, Cocoa, FL 32922

$34,900
0.17 AC lot

Vacant lot near highways, shopping, dining, and the beach.

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Vacant Land in Cocoa, FL
Vacant Land in Cocoa, FL

1403 Donna, Cocoa, FL 32922

$34,900
0.17 AC lot

Vacant lot near highways, shopping, dining, and the beach.

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Riverfront Lot on Space Coast
Riverfront Lot on Space Coast

1525 N Indian River Drive, Cocoa, FL 32922

Contact for pricing
0.86 AC lot

0.86-acre riverfront lot with views on Space Coast.

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Merritt Island, FL Residential Land & Home Lots Market Trends and Statistics

Explore 13 residential land & home lots for sale in Merritt Island, FL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 1,222,294 square feet of properties for sale, with an estimated market value of $6,354,700.

Sale prices for home sites in Merritt Island, FL start at $64,900, averaging $529,558, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Waterfront Land 20
Residential land & home lots 18
Commercial land 10
Industrial land 2
Agricultural land / Farmland 1

Demographics Overview

Population 46K
Population Growth (5Y) +2.9%
Median Household Income $90,907
College Educated 37.7%

High-Yield Neighborhoods for Investment

Identify Merritt Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32952 $555.5K
32953 $578K

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $25.97 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brevard County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Brevard County

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