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Corner of Pioneer Road & Lewis Carroll Ave. - High Density Development Site 9.63 Acres of Residential Land Offered at $449,900 in Merritt Island, FL 32953
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $449,900 | Lot Size | 9.63 AC |
| Price Per AC | $46,718.59 |
| Price | $449,900 |
| Price Per AC | $46,718.59 |
| Lot Size | 9.63 AC |
DESCRIPTION
Key Features: - Future Land Use: R-15 Multifamily - up to 15 units/acre. - Infill location surrounded by established residential and new development activity. - Located within a growing residential corridor experiencing active builder/investor demand. - Market-Supported Product — strong rental demand and limited land availability for multifamily. - Excellent long-term hold opportunity with zoning upside already in place. - Minutes to Space Coast Aerospace Corridor — Blue Origin, SpaceX, NASA Kennedy Space Center. - High-income Workforce Nearby — Space Coast wage averages consistently exceed state and national averages. PROPERTY SIZE: 9.63 Acres CURRENT ZONING: RU-1-11: Single Family Residential FUTURE ZONING: RR-15: Multifamily Residential (15 Units/ Acre) UTILITIES: Future Connection County Water & Sewer Required, FPL Available R.E. TAXES: $6,967.31 (2025) SALE PRICE: $449,900
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Corner of Pioneer Road & Lewis Carroll Ave. - High Density Development Site
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