For Sale / FL / Brevard County / Merritt Island / 32952 / 700 S Banana River Drive

700 S Banana River Drive Merritt Island, FL 32952

  • For Sale $429,000
  • Home Bay Refund $858

  1. 25,265 sq ft lot
" HUGE" ~ .58 Acre Riverfront Lot for sale by owner. This lot has approximately 101 ft. of Riverfront and is 238 ft deep and 100 ft. wide at the road. It is high and dry. River Rocks were set down about 10 years ago to prevent erosion and storm surges. A survey has been recorded with the County clerk of court. This lot has just been subdivided from the parcel at 680 S. Banana River Dr. However, it has not yet been assigned its address of 700 S. Banana River Dr. Having subdivided this lot, a closing with a qualified buyer will be quick and easy. Feel free to drop into the Government complex and talk to Zoning and other departments about this lot. What is especially nice about owning this wide and long riverfront lot, is that you have many options on where to build your house. You Can build 50 ft. from the river and have Awe-Inspiring river views. You can also build closer to the street and have an huge true riverfront back yard. There is no need to cross the street to get to your dock. There is almost always a nice breeze on the Newfound Harbor/South Banana section of Merritt Island. South Banana River Dr. is a nice quiet tree lined street. The Speed limit is 25 mph. It is the ideal street for your daily walk, jog, or bike ride, or to simply walk your dog for that matter. Your dog will just love strutting down South Banana, while enjoying the fauna, foliage, Florida sunshine and River breeze. Feel free to walk the lot. The gate is open. Experience directly what a large and wonderful vista you have before you. You are welcomed to bring your architect, builder, friend or family member with you. Building a custom home is an interesting experience and creative endeavor. Typically, the Custom Builder will allow you to choose various building materials. You will visit various vendors and allowed to choose your Paint, Cabinetry, counter tops, electrical fixtures, smart wiring, lighting, solar, roofing windows, doors, flooring, fencing, paving, appliances Etc. New Homes are more energy efficient. This rectangular lot is well suited for a custom privacy fence. The cost of building new is now on Par with the cost of buying an existing house with its existing problems and limitations. Generally, it only takes about ( 7 ) months to build a custom home. New homes are built on higher elevations and with stricter building codes than many older existing homes. These requirements enable these New Homes to fare much better when severe weather arises. Correspondingly, Homeowner's insurance rates tend to be lower for New Homes. If your budget for your next Riverfront Home is in the $ 700,000 to $ 900,000 price range, including the land, it would be wise and prudent to talk to a builder about building here before investing in some Money Pit. Interestingly, the homeowner two houses away, at 730 S. Banana, with a similar sized lot, just Bulldozed his house and will soon be building a Stunning new home in its place. This Lot is within a 10 minute drive of Cape Canaveral Hospital, Cocoa Beach City Limits, Grocery Stores, Restaurants, Churches, Doctor's offices and more. The Kennedy Space Center is only 30 minutes away. Patrick Air Force Base and the VA are also within a 30 min drive. The Orlando International Airport is only 45 minutes away. Directly across the River, ( 3 1/2 mi. ), from your new home, you will be able to see nice Condo's on the Cocoa Beach Riverfront Shoreline. Here is your opportunity to build your Captivating, Custom Riverfront Home in the Heart of Central Merritt Island Florida.
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Property details

Lot size
25,265 sq ft lot
Lot / Land
Parking spaces
Garage (0), Carport (0), Uncovered (0)
Age restrictions

Listing information



Angel City
Brevard County
700 S Banana River Drive, Merritt Island, FL 32952



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