$1,400,000

Opportunities like this rarely come available along the highly desirable S. Tropical Trail corridor. Located on the beautiful Merritt Island peninsula, this property offers the chance to own a truly special piece of waterfront-area real estate surrounded by the Banana River to the east and Indian River to the west. The existing home will require significant renovation or reconstruction, but the value here is in the homesite and its incredible potential. The current residence offers 2,088 heated square feet and 2,686 square feet of total building area, along with an in-ground pool and boat house in the backyard that will also need to be refurbished. For the right buyer, this is an opportunity to reimagine the property and create something bigger, better, and uniquely your own. Whether you're envisioning a custom coastal retreat, a modern estate, or a home designed for generations to come, this homesite provides a rare canvas to bring that vision to life.