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Active - House for sale
395 BACARDI DRIVE, Merritt Island, FL
Facts & features
Why you’ll love it
- Waterfront
- Renovated
- Pool
- Corner lot
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.
Listed by: Nancy Pruitt, Pa • NancyPruitt1@gmail.com • OLYMPUS EXECUTIVE REALTY INC
Co-listed by: OLYMPUS EXECUTIVE REALTY INC
Source: Stellar MLS as distributed by MLS GRID, MLS#: G5116670
Based on information as of Jun 01, 2026 at 02:21pm EDT.
Come see by yourself
Affordability
$2,432/mo
- Mortgage$2,255
- Property tax$177
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About Catalina Isle Estates
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Jun 01, 2026 at 02:21pm EDT. 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.
