$1,050,000 - Price Reduction - Water Front

$1,050,000 84 S Banana River Dr Merritt Island, FL

MLS: 728129   Type: Land   County: Brevard   City: Merritt Island   Area: Newfound Harbor   Neighborhood: The Delano On The River   Zip: 32952   Style: Residential  

Mortgage $4,930 /mo



Half Baths

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One of the last large direct riverfront vacant land parcels available in Merritt Island. Complete engineering and drawings to build 24 ultra luxury riverfront condominiums. Completed work package includes: Site plan, building plans, architectural drawings, and art renderings. Brevard Count Land Develop and Site-Plan Approval expired April 18th, 2009. Needs to be renewed for this project to be shovel ready. Also, potential other uses may include assisted care, hotel, apartment building, commercial income, or marina. This XLNT location is the closest residential proximity to Cocoa Beach in Merritt Island. Near HWY 520, commercial services, mall, restaurants with direct access to Orlando, theme parks, and airport. Just 10 minutes from Port Canaveral!

Elementary School

Middle School

High School

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Merritt Island
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Price History

12/1/2016 Listed $1,300,000
12/28/2016 8% - $1,200,000
3/7/2017 13% - $1,050,000

Area 254 - Newfound Harbor
HOA None
Legal/misc: 55+ Community No
Legal/misc: Gated Community No
Listing Status Active
Subtype Residential
Total Lots 24.00
Utilities Cable Available, City Water, Electric, Sewer, Telephone

Interior Features

Bonus No

Exterior Features

Acreage 1.60
Front Faces W
Frontage Description County Road
Land Use Multi-Family
Lot Description Buildable, Lot - County, Wooded
Lot Sqft 43124.00
Road Surface Paved
Waterfront Yes
Waterfront Type Banana River

Property Schools

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Property vs Zip Code Avg (32952)

Price 1.05M Avg 430K

Acres 1.6 Avg 1.68

Visits 10 Avg 6

Days on Site 827 Avg 231

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Listing Provided Courtesy Of: Vincent Keenan, Realtors

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Location & Address

Janet Helms
1199 US1, Suite 2
Rockledge, FL