Corner of Pioneer Road & Lewis Carroll Ave. - Residential LAND FOR SALE


Merritt Island, FL 32953 419,483 SF
$449,900 USD
772-205-9744
Corner of Pioneer Road & Lewis Carroll Ave., Merritt Island, FL for Sale
$449,900 USD
Residential LAND - FOR SALE
1/3
419,483 SF

Corner of Pioneer Road & Lewis Carroll Ave.
Merritt Island, FL 32953


OVERVIEW

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

FOR SALE DETAILS

PRICE

$449,900 USD

PRICE/ACRE

$46,719/AC

PRICE/SF

$1 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

High Density Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units - Senior, Apartment Units - Subsdzd, Planned Unit Development

LAND ACRES

9.63 AC

LAND SF

419,483 SF

OFFSITE IMPROVEMENTS

-

ZONING

RU-1-11

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David StephensLambert Commercial Real Estate, IncMore Info
772-205-9744

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David StephensLambert Commercial Real Estate, IncMore Info
772-205-9744

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.