$229,000
Merritt Island, FL 32953
MLS# 822000
Status: Closed
1 / 12
Property Description
PRICED REDUCED!! Just under 1 acre lot zoned BU-1 commercial retail. area. Perc test completed. Existing vacate home on property built 1915. Property has two water meters, no water impact fee to build 2 homes, or subdivide for multi-family, condos, townhomes or 7 homesites. Zoned for self-storage facility, take advantage of condo residents as your neighbor, or build efficiencies. Great opportunity for investment income. Sewer is adjacent to the property as well as a Fire Hydrant and County Drainage R.O.W. for drainage retention outfall. Palmetto Road has been Streetscaped by M.I.R.A. and Burnwood Drive is scheduled to be paved some time in 2021-22.
Details
Maps
Location, Tax, and Legal
Tax Account: 2426535
Parcel Number: 24-36-35-00-00009.0-0000.00
General County Location: Central
Elementary School: Mila
Middle School: Jefferson
High School: Merritt Island
Tax Annual Amount: 1811.16
Tax Year: 2017
Tax Legal Description: PART OF NE 1/4 AS DES IN DB 152 PG 45
Directions: From State Road 520 turn north on North Courtenay Parkway then take right onto Palmetto (side street just before Carraba's Italian Grill). Property is at corner of Palmetto and Burnwood.
General Property Information
Road Frontage Feet: 477
Number Of Lots: 1
Lot Size Acres: 0.94
Lot Size Dimensions: 109 ft x 368 ft
Lot Dimensions Source: Public Records
Lot Size Square Feet: 40946
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
List Price/Acre: 243617.02
Sold Price/Acre: 243617.02
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: PRICED REDUCED!! Just under 1 acre lot zoned BU-1 commercial retail. area. Perc test completed. Existing vacate home on property built 1915. Property has two water meters, no water impact fee to build 2 homes, or subdivide for multi-family, condos, townhomes or 7 homesites. Zoned for self-storage facility, take advantage of condo residents as your neighbor, or build efficiencies. Great opportunity for investment income. Sewer is adjacent to the property as well as a Fire Hydrant and County Drainage R.O.W. for drainage retention outfall. Palmetto Road has been Streetscaped by M.I.R.A. and Burnwood Drive is scheduled to be paved some time in 2021-22.
Closing Company Details
Closing Company Name: 400 E. Merritt Ave. Suite D
Merritt Island, FL. 32952
Closing Company Address: Landmark Title Agency Inc
Current Use
Commercial: 1
Listing Terms
Cash: 1
Conventional: 1
Private Financing Available: 1
Lot Features
Corner Lot: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Call Listing Office: 1
Historical Information
Public Historical Remarks 3: Frontage Description: County Road, Legal/Misc-Free and Clear: Yes, Number of Lots: 1.00
Contract Information
Current Price: $229,000
Original List Price: 299000
Sold Price: $229,000
Status: Closed
Listing Contract Date: 2018-08-15
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 141
Street Name: Burnwood
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 251 - Central Merritt Island
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2023-11-11T04:34:04Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-09-14T15:23:15Z
Status Change Timestamp: 2020-12-06
Purchase Contract Date: 2020-11-05
Close Date: 2020-12-04
Close Price: 229000
Property Features
Current Use: Commercial
Listing Terms: Cash; Conventional; Private Financing Available
Lot Features: Corner Lot
Possession: Close Of Escrow
Road Surface Type: Paved
Showing Requirements: Call Listing Agent; Call Listing Office
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Sewer Connected
Water Source: Public
Listing Office: Providence Realty Team, Inc.
Last Updated: June - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.