Banana River
Merritt Island, Brevard County, FL
The Property is a 17.28 acre existing marina and heavily wooded upland with nearly 800 feet of frontage on the 2 mile wide Banana River (Inter Coastal Waterway), Merritt Island, Brevard County, Florida.
Known as the “The Banana River Marina” the property is located approximately 1 ½ miles south of SR 520, at 1360 South Banana River Drive, mid-way to the south tip of the island. Situated approximately 5 miles southwest of the Kennedy Canal, Cape Canaveral, and Disney Cruise terminals the marina offers both deep water and inland boating with direct ocean access and deep, wide channels. The property is strategically located 40 minutes from Orlando on the Beach Line interstate in the heart Florida’s Space Coast. Merritt Island is in the middle of the 5 to 8 mile wide Indian River Lagoon, between the cities of Cocoa and Cocoa Beach in unincorporated Brevard County.
The 95 wet-slip marina accommodates deep draft boats up to 80 feet, has a well stocked ships store, full engine and hull maintenance facilities, acres of dry storage yard, dock master office, haul-out area, marine railway, as well as a submerged land lease and docks in the Banana River. The boat basin was dredged from dry land over 60 years ago and is thus owned fee-simple with full riparian rights over all submerged land. This ownership cannot be duplicated under current environmental regulations. Ownership allows maximum flexibility to re-configure the marina, including backfilling portions of the site for optimal residential component positioning.
Project is ready for development with full zoning approvals.
Broker Information:
Michael Maxwell
MAXWELL+Partners LLC / Regent Realty & Investment
George G. Kauper PA
Trunberry International Realty
Banana River - Merritt Island, FL
10 Mile View
Banana River - Merritt Island, FL
2k ft. View
Banana River - Merritt Island, FL
North View
Banana River - Merritt Island, FL
South View
Banana River - Merritt Island, FL
West View
Banana River - Merritt Island, FL
East View
Please submit a request for more information or call George Kauper at 954-673-9011, kauper@gmail.com
