$119,900
Merritt Island, FL 32952
MLS# 1063739
Status: Active Under Contract
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Property Description
A rare opportunity to create an impressive coastal residence in one of Merritt Island's most desirable waterfront corridors. This property is fully prepared for residential development with ERP permitting completed by Atlantic Environmental and a Certificate of Service that includes mitigation, project drawings, design specifications, and construction plans for a single family home. Authorization from the U S Army Corps of Engineers is already secured. With the ability to build up to thirty-six feet, you can design up to a three-story home that captures elevated panoramic views of rocket launches, the Banana River, and the surrounding Florida wetlands. Ideally positioned across from Kelly Park and just minutes to Port Canaveral, beaches, dining, and boat ramps, this homesite offers the perfect setting to create a coastal retreat.
Details
Maps
Documents
Contract Information
Start Showing Date: 2025-12-08
Current Price: $119,900
Original List Price: 129400
List Price: $119,900
Status: Active Under Contract
Listing Contract Date: 2025-12-06
Property Sub Type: Unimproved Land
Location, Tax, and Legal
Tax Account: 2431063
Parcel Number: 24-37-18-Cf-0000e.0-0004.00
General County Location: Central
Elementary School: Audubon
Middle School: Jefferson
High School: Merritt Island
Tax Annual Amount: 840.59
Tax Year: 2025
Tax Legal Description: KELLY PARK LOT 4 BLK E
Zoning Description: Residential
Directions: Head east on 528, turn right onto N Banana River Dr. The property will be on the right.
General Property Information
Road Frontage Feet: 50
Number Of Lots: 1
Lot Size Acres: 0.17
Lot Size Dimensions: 50.0 ft x 150.0 ft
Lot Dimensions Source: Survey
Lot Size Square Feet: 7405
Association YN: No
Water Body Access YN: No
Waterfront YN: No
CDD Fee YN: No
List Price/Acre: 705294.12
Remarks and Miscellaneous
Public Remarks: A rare opportunity to create an impressive coastal residence in one of Merritt Island's most desirable waterfront corridors. This property is fully prepared for residential development with ERP permitting completed by Atlantic Environmental and a Certificate of Service that includes mitigation, project drawings, design specifications, and construction plans for a single family home. Authorization from the U S Army Corps of Engineers is already secured. With the ability to build up to thirty-six feet, you can design up to a three-story home that captures elevated panoramic views of rocket launches, the Banana River, and the surrounding Florida wetlands. Ideally positioned across from Kelly Park and just minutes to Port Canaveral, beaches, dining, and boat ramps, this homesite offers the perfect setting to create a coastal retreat.
Current Use
Residential: 1
Single Family: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Cleared: 1
Wooded: 1
Possession
Close Of Escrow: 1
Road Frontage Type
County Road: 1
Road Surface Type
Asphalt: 1
Dirt: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Other: 1
View
Bridge(s): 1
Intracoastal: 1
Marina: 1
River: 1
Trees/Woods: 1
Water Source
None: 1
Development Status
Proposed: 1
Site Plan Approved: 1
Showing Requirements
Showing Service: 1
Contingency Reason
Inspection: 1
Community Features
Fishing: 1
Sidewalks: 1
Location Tax and Legal
Street Number: 2513
Street Direction Prefix: N
Street Name: Banana River
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32952
MLS Area Major: 250 - N Merritt Island
Subdivision Name: Kelly Park
Status Change Information
Major Change Timestamp: 2026-03-24T19:29:24Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-24T19:29:24Z
Status Change Timestamp: 2026-02-03
Contingency: Active Under Contract
Property Features
Current Use: Residential; Single Family
Development Status: Proposed; Site Plan Approved
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Cleared; Wooded
Possession: Close Of Escrow
Road Frontage Type: County Road
Road Surface Type: Asphalt; Dirt
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Utilities: Other
View: Bridge(s); Intracoastal; Marina; River; Trees/Woods
Water Source: None
Contingency Reason: Inspection
Community Features: Fishing; Sidewalks
Survey 
Listing Office: Lokation Real Estate
Last Updated: March - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.