$249,000

141 Burnwood Drive

Merritt Island FL, 32953

Description

Just under 1 acre lot zoned BU-1 commercial retail. Located within the Merritt Island Redevelopment Agency area. Perc test completed and available upon request. Existing vacant home on the property built 1915. Property has two water meters already available. Can be a potential site for ministorage with condo residents as your neighbor, or two single family homes or change the zoning to allow for RU-15 multifamily development (townhome, condo, apartments), or replat for 7 single family homes after rezoning to RU 1-7. 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.

Details

MLS#822000
Sub-TypeResale
StatusActive
Days On Site459

Features

ZoningBU-1
Acreage0.94

Market Activity 32953

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Area Information

StateFL
CountyBrevard
CityMerritt Island
Zip Code32953
Area251 - Central Merritt Island
Listing VS Median (in 32953)
Price:
$249,000
low | high
Med:
$312,500
24.497991967871% of Average
On Site:
459
low | high
Med:
388
100% of Average
Listing Updated: 11/17/2019
MLS Number: 822000
Listing Provided By:
Michael A DiChristopher  of  Providence Realty Team Inc.

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