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395 BACARDI DRIVE
Merritt Island, FL, 32953
Active$445,990
395 BACARDI DRIVE
Merritt Island, FL, 32953
Active$445,990
3
Bedrooms
2
Bathrooms
1,382 sqft
Living Area
1968
Year Built
8,712
Lot Size (sqft)
2
Days on Market
Dock Score™
DockOnly72
GoodWhat shaped this score
✓Canal
✓Dock with boat lift
✓Bridge-free to bay
✓Fits boats up to ~49ft (est.)
Est. waterfront~54 ft
DockOnly.com rating, not provided by the MLS or listing broker.
Dock & Water AccessMLS
Canal - Brackish
AI Aerial Imagery Detection
Dock DetectedBoat Lift DetectedSeawall Detected
Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.
Canal WidthDockOnly
At the dock
County parcel data167ft
Single measurement at the dock · width variation along the canal not yet available
Measured perpendicular from this parcel's waterfront edge to the parcel directly across the canal, using surveyed county GIS boundaries. Multiple waterfront edges detected (corner lot or dual frontage); reported value is the widest; verify with the listing agent.
Will it turn around?
Up to 70 ft
Easy
handling
70–94 ft
Fits
with care
94–108 ft
Tight
(back-in)
Boats over 108 ft typically back in/out rather than turning here. Clear channel ≈ 141 ft with boats moored both sides (~13 ft per side for dock + beam). Wide-beam yachts need the upper end of each range.
Navigation RouteDockOnly
Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.
Description
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.
Schedule a Showing
See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.
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Location
Merritt Island, FL, 32953
No price history available for this property.
Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]
Listing courtesy of OLYMPUS EXECUTIVE REALTY INC via Stellar MLS
Last checked: 22 hours ago
Listing updated: August 21, 2026
© 2026 Stellar MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Dock Score™
DockOnly72
GoodWhat shaped this score
✓Canal
✓Dock with boat lift
✓Bridge-free to bay
✓Fits boats up to ~49ft (est.)
Est. waterfront~54 ft
DockOnly.com rating, not provided by the MLS or listing broker.
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Mortgage Calculator
Estimate your monthly payment for this waterfront property
20%
$89,198 down
%
Principal & Interest$2,314/mo
Property Tax (est. ~1.2%, varies by county)$446/mo
Home Insurance (est.)$250/mo
Total Monthly Payment$3,010
Loan Amount: $356,792Rate: 6.75%
Get Pre-QualifiedEstimated payments only. Actual rates and terms may vary.
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Navigation note: Navigation routes show the shortest mapped path to open water. A vessel taller than the binding bridge clearance may still reach open water via a longer alternate route that we don't currently map. Verify navigability with a local captain or surveyor before relying on it.