$64,900
478 Roosevelt Avenue
Merritt Island, FL 32953
Listing updated: May 9, 2026 at 10:02 AM ET
Listing courtesy of Lokation · Ana Dos Santos · MLS #O6360392 · Active · 954-545-5583Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Great opportunity to own a build-ready lot in a well-established Merritt Island neighborhood. This approx. 0.14-acre parcel is zoned RU-1-7 for single-family residential use and is ideal for building your new home or holding as an investment. Located just minutes from the beautiful Atlantic beaches, family-friendly parks, shopping, dining, and NASA's Kennedy Space Center, this property offers unbeatable Space Coast convenience. Utilities are available in the area, and the lot sits in a quiet residential community close to everyday essentials. Because a home previously existed on this lot, the buyer should not be required to pay developmental/impact fees again; however, buyer and buyer's agent must verify all fees directly with Brevard County.
Local Insight
At $11/sqft in a flood zone X area with no structural improvements, this is essentially raw land priced aggressively—useful if you're banking on future development or want a cleared lot to build on, but you'll need to verify what Merritt Island's building restrictions actually allow before committing. The water view and proximity to KSC make location valuable for aerospace workers seeking that short commute, but parking $65K in undeveloped land means your money is tied up with no rental income or immediate utility, so it only makes sense if you have a concrete development or construction plan. Check the title carefully and confirm whether utilities are actually available to the lot—those details often get glossed over on raw land and can dramatically change your true cost to build.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history151 days on market
- Status: ActiveMay 9, 2026
- Listed$64,900Nov 17, 2025
- Price increased$64,900
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 151
- Subdivision
- Washington Park
- County
- Brevard
- Price/sq ft
- $11
- Lot size
- 6,098 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Annual taxes
- $858 (2025)
- Parcel #
- 24 3622-01-*-70
- Zoning
- RU17
- MLS #
- O6360392
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional, FHA
- Ownership
- Fee Simple
Exterior & Construction
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public, Sewer Connected, Water Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-11-17
- On market date
- 2025-11-17
- Original list price
- $64,900
- MLS area
- 32953 - Merritt Island
- Listing AOR
- Orlando Regional
- Status changed
- 2026-05-09
- Tax legal description
- WASHINGTON PARK LOT 70
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Take 520 to North on Courtenay Parkway, go to Alma Blvd TL, Alma becomes Schoolhouse St, go to Roosevelt TL
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 9, 2026 at 10:02 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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