Multi Lots Marina Way, Merritt Island, FL 32952

Property Details

Rare Builder / Developer Opportunity to purchase a a fully entitled waterfront subdivision in Merritt Island directly adjacent to the first class newly developed Marker 24 Marina on South Banana River Drive. The property consists of 6.35 acres with gated entry and including 15 residential homesites, 8 of which are direct waterfront. Protected marina dockage is available for all 15 homesites offering a boater's paradise.Next door facilities include full service marina, boat store, direct riverfront restaurant, Tiki bar and pier. Architectural construction documents for multiple plans ranging from 2,250 to 3,800 SF AC are included with the purchase. Adjacent homes have sold in excess of $1.5M and two others are priced from $1.3M to $1.6M.

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• 55+ CommunityNo
• Acreage6.35
• Area254 - Newfound Harbor
• CityMerritt Island
• CountyBrevard
• Cumulative DOM481
• Current Adjacent UseOther - Call Agent,Residential
• Days On Market481
• DirectionsMerritt Island Causeway. South on S Banana River Drive. Property located on the West side of the marina basin. Alternate access off Newfound Harbor Drive to Jaren or Wendy Ave at curve into Altman Dr
• Elementary SchoolTropical
• Front FacesW
• Gated CommunityYes
• General County LocationCentral
• High SchoolMerritt Island
• High SchoolMerritt Island
• Land UseSingle Family
• Legal DescriptionBANANA RIVER DRIVE SUBD PART OF LOTS 15, 16, E 880' OF 17 & VAC JAREN DR AS DESC IN ORB 2963 PG 1615 LYING W OF BANANA R
• List Price/Acres$471,653.54 / acre
• Listing DateSaturday, November 20th, 2021
• Listing ID921154
• Listing StatusActive
• Lot DescriptionBuildable and Lot - County
• Lot SqFt276,606 sqft
• Measurements FromOther
• Middle SchoolJefferson
• PossessionClosing and Negotiable
• Possible FinancingCash and Conventional
• Property TypeVacantland
• Site DescriptionCleared,Other - Call Agent
• State/ProvinceFL
• StatusActive
• Street NameMarina Way
• Street NumberMulti Lots
• Sub TypeCommercial
• SubdivisionMarker 24
• Tax Year2021
• Taxes$4,362.26
• UnBranded Virtual TourClick Here
• UtilitiesAdjacent to Site and City Water Available
• Water AmenitiesWaterfront Community
• WaterfrontYes
• Waterfront TypeBanana River,Canal Navigation
• Zip Code32952
• ZoningResidential Dev