$85,000
Active · 0 days on market · MLS# MFRR4911180
| Bedrooms | 2 |
|---|---|
| Bathrooms | 1 |
| Living area | 775 sq ft |
| Lot size | 0.02 acres |
| Year built | 1964 |
| Property type | Condo - Hotel |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $290 |
| Annual taxes | $1,312 |
| County | Brevard |
Strong investment opportunity in the heart of Merritt Island. This low-maintenance condo is ideally suited for rental income and long-term appreciation, with a prime location just 1.5 miles from Merritt Square Mall, 2.5 miles to Cocoa Village, and approximately 5–7 miles to Port Canaveral and nearby beaches. Easy access to SR 528 provides a convenient commute to Orlando and surrounding employment centers. Positioned within the high-demand Space Coast market—driven by ongoing expansion in the aerospace and technology sectors—this property presents a compelling option for investors seeking consistent rental demand and future growth potential. Opportunity also exists to acquire as part of a multi-unit portfolio, with potential pricing advantages for buyers looking to scale their investments.
Listing courtesy of Ronald Etienne, REALPR0PERTY CONSULTING GROUP, LLC. Presented by MC Homes Realty Inc · 727432218.