Address
84 S Banana River Dr #, Merritt Island, FL
Price
$ 1,450,000
Property Attributes
  • MLS#979648
  • TypeCommercial
  • CountyBREVARD
  • CityMerritt Island
  • AreaCentral Merritt Island
  • Zip32952
  • StyleBusiness
  • Taxes$ 25000
  • Price$ 1,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.5 Acres
Data Source:
Space Coast AOR
Property Description

A unique opportunity to redevelop one of the last Banana River waterfront properties. These one and a half acres are flat with views of the 520 Causeway just west of Cocoa Beach. Sea wall runs the length of the property. Please refer to the survey in the documents for total water frontage. Many uses including multi family. Great views as well as visibility.

Price History
11/6/2023 Listed $1,850,000
2/23/2024 14% - $1,595,000
4/12/2024 10% - $1,450,000

General Features

Sewer Public Sewer
Heating None
Cooling Other
Possession Close Of Escrow
Security Features Other
Property SubType Business
Tax Year 2023
Current Use Commercial
Waterfront Features River Front
County Brevard
Property Type Commercial Sale
HOA / Comm Assn No
Attached Garage No
Status Active
Directions From 520 headed east make a right onto Banana River Drive. On the left behind the 7-11.
City Merritt Island
Body of Water Banana River
View Y/N No
Senior Community Y/N No
MLS Area 251 - Central Merritt Island
Lot Size Square Feet 65340.0
Waterfront Y/N Yes
Street Name Banana River Dr #
Land Lease Y/N No
Tax Annual Amount 25000.0
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor 251 - Central Merritt Island
Additional Parcels Y/N No
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/spc/979648
Standard Status Active
MobileHomeRemainsYN No
Legal Description THE DELANO ON THE RIVER THE DELANO ON THE RIVER CONDO CONDO COMMON AREA AS DESC IN ORB 5680 PG 2988 AND ALL AMENDMENTS

Interior Features

Flooring Other
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Electric On Property Y/N No

Exterior Features

Parking Features Other
Lot Features Cleared
Water Source Well
Lot Size Area 1.5
Spa No
Lot Size Acres 1.5
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32952

Price
AVG $2.63M
$1.45M
Taxes
AVG $19,839
$25,000
Visits
AVG 48
79
Data Provided by Inside Real Estate®
Walkscore
AVG 46
46
Data Provided by Walkscore® not using MLS data