Virtually Staged. Investor & Renovation Opportunity in Merritt Island! Bring your vision to this corner-lot property offering tremendous potential for an investor, flipper, or buyer ready to create a home of their own. The interior is dated and will require significant updating and remodeling, but the property offers features that are difficult to replicate. Enjoy a large private pool, spacious outdoor living area, and deeded canal access with a boat slip and electric boat lift. The boat lift and waterfront equipment will require repair and updating. A newer roof provides a great starting point for the renovation. Situated on a generously sized corner lot with additional yard space, this property offers plenty of room to enhance the outdoor areas while taking advantage of the existing pool and waterfront access. The canal is near Ulumay Wildlife Sanctuary, a 600-acre conservation area known for kayaking, hiking, biking, bird watching, and enjoying Florida’s natural surroundings.
Conveniently located approximately 20 minutes from Kennedy Space Center, NASA, Blue Origin, and SpaceX, about 15 minutes from the beach, and approximately 50 minutes from Orlando. The current owner has never occupied the property, so buyers are encouraged to perform their own inspections and due diligence regarding the condition of the home, boat lift, dock, mechanical systems, and improvements. A unique opportunity to renovate, add value, and take advantage of the pool, corner lot, and deeded canal access.
Conveniently located approximately 20 minutes from Kennedy Space Center, NASA, Blue Origin, and SpaceX, about 15 minutes from the beach, and approximately 50 minutes from Orlando. The current owner has never occupied the property, so buyers are encouraged to perform their own inspections and due diligence regarding the condition of the home, boat lift, dock, mechanical systems, and improvements. A unique opportunity to renovate, add value, and take advantage of the pool, corner lot, and deeded canal access.
Property Details
Price:
$445,990
MLS #:
G5116670
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
CATALINA ISLE ESTATES
Neighborhood:
32953merrittisland
Listed Date:
Aug 19, 2026
Finished Sq Ft:
1,382
Total Sq Ft:
2,720
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1968
See this Listing
Schools
Interior
Appliances
Dryer, Exhaust Fan, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Ceramic Tile
Heating
Electric
Interior Features
Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Split Bedroom, Thermostat
Laundry Features
Laundry Closet, Washer Hookup
Levels
One
Exterior
Architectural Style
Ranch
Attached Garage YN
1
Construction Materials
Concrete, Wood Frame
Covered Spaces
2
Direction Faces
South
Exterior Features
Lighting, Sidewalk
Fencing
Chain Link, Wood
Garage Spaces
2
Lot Features
Corner Lot, Oversized Lot, Sidewalk
Open Parking YN
1
Parking Features
Boat, Driveway, Garage Door Opener, Ground Level, Oversized
Patio And Porch Features
Front Porch, Patio, Rear Porch, Screened
Roof
Shingle
Security Features
Security System, Security System Leased
View
Water
Waterfront Features
Canal – Brackish
Financial
Tax Year
2025
Taxes
$2,126
Map
Community
- Address395 BACARDI DRIVE MERRITT ISLAND FL
- SubdivisionCATALINA ISLE ESTATES
- CityMERRITT ISLAND
- CountyBrevard
- Zip Code32953
Subdivisions in MERRITT ISLAND
- ACREAGE
- ACREAGE & UNREC
- AGNES M. KRAKER
- BELAIRE UNIT NO 3
- CANAVERAL SUB
- CITRUS RIVER GROVES UNIT 03
- EGRETS COVE
- GARDEN PARK REP
- GEORGIANA SETTLEMENT
- HAMPTON HOMES UNIT 03
- HAMPTON HOMES UNIT 07
- HAMPTON HOMES UNIT 08
- HARBOR OAKS
- HORTI
- INDIAN BAY ESTATES
- INDIAN RIVER VILLAGE
- KINGS PARK UNIT 01
- MERRITT ISLAND CO-OP APARTMENTS
- MERRITT RIDGE SHEET 03
- MERRITT TOWERS
- Nevins Sub
- RAINTREE BY LAKE
- RIVER CLIFF
- RIVER FLY-IN
- RIVIERA ISLES SEC 02
- SEA GATE
- SUNSET BAY
- SUNSET LAKES P.U.D PHASE X
- SUNSET LAKES PUD PH 02
- SURFSIDE ESTATES
- TOWNHOMES & VILLAS DIANA
- TWO RIVERS REP
- WASHINGTON PARK
- WATERWAY MANOR UNIT 01
- WILLIAMS BURG VILLAGE NORTH CONDO
Market Summary
Current real estate data for Single Family in MERRITT ISLAND as of Aug 19, 2026
31
Single Family Listed
114
Avg DOM
288
Avg $ / SqFt
$728,393
Avg List Price
Property Summary
- Located in the CATALINA ISLE ESTATES subdivision, 395 BACARDI DRIVE MERRITT ISLAND FL is a Single Family for sale in MERRITT ISLAND, FL, 32953. It is listed for $445,990 and features 3 beds, 2 baths, and has approximately 1,382 square feet of living space, and was originally constructed in 1968. The current price per square foot is $323. The average price per square foot for Single Family listings in MERRITT ISLAND is $288. The average listing price for Single Family in MERRITT ISLAND is $728,393. To schedule a showing of MLS#g5116670 at 395 BACARDI DRIVE in MERRITT ISLAND, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby
Courtesy of OLYMPUS EXECUTIVE REALTY INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 395 BACARDI DRIVE
MERRITT ISLAND, FL
