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28230441
28230442

Lewis Carroll Ave, Merritt Island, FL 32953

DS
FL BK 3464341
Lambert Commercial Real Estate Inc
EA
FL SL3598773
Lambert Commercial Real Estate Inc
Listed by Lambert Commercial Real Estate Inc
$449,900
205 days on market
Updated 18 days ago

High Density Development Site

Details
Property Type Land
Sub Type Residential, Multi-Family
Acreage 9.630
Zoning RU-1-11: Single Family Residential

Prime 9.63± acre development site located at the corner of Pioneer Road and Lewis Carroll Avenue

Marketing 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

Listing Contacts

DS
FL BK 3464341
Lambert Commercial Real Estate Inc
EA
FL SL3598773
Lambert Commercial Real Estate Inc
Listed by Lambert Commercial Real Estate Inc

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Additional Information

Name
David Stephens
License
BK 3464341
Brokerage Phone
772-778-2334
Name
Ed Amos
License
SL3598773
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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