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Key Facts

2.08Lot (acres)

$1,299,000

ActiveListed September 18, 2025

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Description

An extraordinary opportunity to acquire approximately 2.05 acres of premier waterfront property, featuring over 200 feet of direct Banana River frontage complemented by navigable canal access. This estate-sized parcel offers unparalleled potential for a custom luxury residence, showcasing sweeping water views and a highly desirable orientation. The property will be connected to City sanitary sewer, providing superior utility infrastructure and further enhancing long-term value and convenience. A rare combination of size, frontage, and locationâ€”ideal for discerning buyers or investors seeking one of the Space Coast's finest waterfront offerings.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Lot Size

2.08 acres

Lot Dimensions

120 x 550

MLS® Listing#

1057489

Property Features

Lot Features

WoodedWaterfront

Utilities

Electricity AvailableSewer AvailableWater Available

Sewer

Public Sewer

Water Source

PrivateWell

Schools

Elementary:: Audubon
Middle:: Jefferson
High:: Merritt Island

Financial Details

Annual Taxes

$6,776

Tax year 2024

Parcel Number

24-37-30-00-6

Affordability Calculator

Home Price

Down Payment

$259,800

Interest Rate (%)

Loan Term

Estimated monthly payment

$6,914/mo

Principal $1,039,200 · Est. interest $1,449,776 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Merritt Island, FL

$696,209
Median Listing Price: 99
Median Days on Market: 1,708
Median Sq Ft: $467
Median Price / Sq Ft: 1,315
Active Listings

This home’s price is 87% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Merritt Island, FL.

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
907 Panama Court 203, Marco Island, FL	$910,000	3	2	1,810
320 Seaview Court 1212, Marco Island, FL	$910,000	2	2	1,099
2005 BEACHWOOD Road 2005, Amelia Island, FL	$915,000	3	4	1,690
111 S Bahama Avenue, Marco Island, FL	$920,000	2	3	1,741
11500 GULF BOULEVARD 304, TREASURE ISLAND, FL	$924,000	2	2	955
2240 Marsh Harbor Avenue, Merritt Island, FL	$925,000	6	5	4,227

Moving Cost Estimate

Listing Courtesy: One Sotheby's International - 3219843135

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brevard MLS. All Rights Reserved.