5.34 Acres of Land for Sale in Merritt Island, FL

Once in a lifetime opportunity to own an estate lot on S Tropical Trail, offering 353+/- feet of combined riverfront with 185+/- feet on the Banana River and 168 +/- feet on the Indian River. This 5.34- acre river to river property offers sweeping views to the east to capture inspiring sunrises over the Banana River and the Atlantic Ocean. Expansive westward views of sunset on the Indian River and Melbourne skyline are breathtaking. This unique property is one of the largest remaining single tracts of land and offers an abundance of trees and wildlife. Build your dream home of any size and look out over both rivers or subdivide the parcel into several magnificent waterfront homesites for a family compound or investment. Build onto the existing deep-water dock on the Indian River & add a dock or pavilion on the Banana River to enjoy sailing, kayaking, motorboating, fishing, etc. This serene, waterfront setting offers a blank canvas and an amazing river to river opportunity. A land survey and topo, along with a soil borings report are available.

Recent improvements include a 1040 SF metal building with metal roof, and a poured concrete foundation which has been reinforced to accommodate a lift. Conduit is in place, and the building is ready for electrical improvements. Two ten-foot lift doors, a passenger door and windows provide access and light for a wide range of uses. The access drive has been elevated and reinforced, and the pond has been improved for proper storm water and drainage management. City water and power are currently on the property.

South Tropical Trail has its own tropical ecosystem and provides outstanding growing conditions for a multitude of fruit trees, pineapple, and an abundance of flowering plants. The prolific trees and plants, along with the abundant land and marine bird and animal species that call this home, make S. Tropical Trail an unsurpassed sanctuary of tropical beauty. The Trail is spotted with both charming and posh residences as it meanders along the river's edge, shaded by beautiful palms and sprawling oaks. For this reason, walkers, runners, and cyclists frequent the scenic Trail. Both Banana and Indian Rivers offer a front row seat to marine life including manatee, dolphin, otter, and fish and provide an incredible boating and fishing playground. Whether you love to be on the water or just taking in the view from the shore, it is time to discover the allure of S. Tropical Trail and one of the last truly river-to-river estate properties available on this tropical island paradise