6 Beds
3 Baths
2,648 SqFt
6 Beds
3 Baths
2,648 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,648 sqft
Price per Sqft $944
MLS Listing ID 1040888
Bedrooms 6
Full Baths 3
HOA Y/N No
Total Fin. Sqft 2648
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1901
Annual Tax Amount $5,103
Tax Year 2024
Lot Size 7.660 Acres
Acres 7.66
Property Sub-Type Single Family Residence
Property Description
Rarely does a property of this caliber come to market. This stunning 7.66-acre estate offers an extraordinary opportunity for those seeking unrivaled waterfront living, investment potential, or development possibilities. Boasting approximately 5.51 acres of direct riverfront with 291 feet of pristine water frontage, this is a true gem with limitless potential.
This property has the potential to be divided into three separate parcels—two prime waterfront properties, which include existing homes, and one additional vacant lot directly across the street, zoned for either single-family or multi-family with the ability to build up to 8 units. Whether you're looking to develop or create your own private oasis, the possibilities are endless.
There is ample space to expand, whether you wish to add a luxurious pool, create dedicated RV/boat storage, build sheds, and more. The waterfront views are nothing short of spectacular, with plenty of room to build a dock and enjoy boating, fishing, or simply relaxing by the river. The property includes a thriving palm tree nursery which allows for possible property tax exemptions.
The smaller of the two houses is move-in ready with some repairs needed. The main house, while in need of refurbishment, provides a blank canvas for a buyer to infuse their personal touch and elevate the property to its full potential. With the zoning allowing for one single-family home and an additional house on each of the waterfront properties, the buyer can easily envision a multi-generational compound or income-generating properties.
Located just minutes from the beaches of Cocoa Beach and Cape Canaveral, this prime estate is ideally positioned for both leisure and convenience. Explore the Space Center, Disney World, and enjoy easy access to Orlando and Melbourne International airports and more.
This is truly a once-in-a-lifetime opportunity to acquire a remarkable property that offers unparalleled space, waterfront access, and endless possibilities. Don't miss out! Schedule a private tour today and let your imagination run wild with the potential of this incredible estate.
Location
State FL
County Brevard
Area 251 - Central Merritt Island
Direction Go North on Tropical Trail from 520. Property will be on left hand side.
Body of Water Indian River
Interior
Heating None
Cooling None
Furnishings Unfurnished
Appliance Electric Range, Gas Range, Refrigerator
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Balcony
Parking Features Garage
Garage Spaces 2.0
Utilities Available Cable Connected, Electricity Connected, Water Connected, Propane
Waterfront Description Lagoon,Navigable Water,River Access,River Front,Intracoastal
View River, Trees/Woods, Water, Intracoastal
Roof Type Metal,Shingle
Present Use Residential
Porch Covered, Porch, Wrap Around
Garage Yes
Private Pool No
Building
Lot Description Many Trees, Split Possible
Faces South
Story 2
Sewer Septic Tank
Water Public, Well
Level or Stories Two
Additional Building Guest House
New Construction No
Schools
Elementary Schools Mila
High Schools Merritt Island
Others
Senior Community No
Tax ID 24-36-22-00-00007.0-0000.00
Acceptable Financing Cash, Conventional, FHA, Owner May Carry, VA Loan
Listing Terms Cash, Conventional, FHA, Owner May Carry, VA Loan
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/spc/1040888
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