$445,990
395 BACARDI Drive
Merritt Island, FL 32953
MLS# 2160804
3 beds  |  2 baths  |  2464 sqft


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Property Description
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.

Details
Contract Information
Property Attached YN: No
Current Price: $445,990
Property Sub Type: Single Family Residence
Status: Active
List Price: $445,990
Listing Contract Date: 2026-08-19
Location, Tax, and Legal
Country: US
Parcel Number: 2418749
Tax Annual Amount: 2126.23
Tax Year: 2025
Tax Legal Description: CATALINA ISLE ESTATES UNIT 6 LOT 87 BLK 16
Zoning Description: Single Family
General Property Information
Lot Size Acres: 0.24
Bathrooms Half: 0
Lot Size Dimensions: 100x98
Living Area: 1382
Living Area Source: Appraiser
Building Area Total: 2464
CDD Fee YN: No
Accessory Dwelling Unit Y/N: No
Association YN: No
Homestead YN: Yes
Waterfront YN: Yes
Senior Community YN: No
Direction Faces: South
Directions: From State Road 528 (Beachline Expressway), take the exit for North Courtenay Parkway/State Road 3 and travel south on North Courtenay Parkway. Turn left/east onto Richland Avenue and continue approximately 1/2 mile. Turn right onto Bali Drive, then left onto New Hampton Way. Turn onto Bacardi Drive and continue to 395 Bacardi Drive, Merritt Island, FL 32953
Public Remarks: 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.
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: Yes
Furnished: Unfurnished
Stories: 1
List Price/SqFt: 322.71
Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Year Built: 1968
Appliances
Dryer: 1
Refrigerator: 1
Washer: 1
Construction Materials
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Residential: 1
Single Family: 1
Exterior Features
Boat Lift: 1
Fencing
Back Yard: 1
Chain Link: 1
Fenced: 1
Wood: 1
Fireplace Features
Fireplaces Total: 1
Flooring
Carpet: 1
Tile: 1
Heating
Electric: 1
Laundry Features
In Unit: 1
Upper Level: 1
Washer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Corner Lot: 1
Few Trees: 1
Parking Features
Attached: 1
Garage: 1
Garage Door Opener: 1
Pool Features
Fenced: 1
In Ground: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Paved: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Utilities
Electricity Available: 1
Sewer Connected: 1
Water Connected: 1
View
Canal: 1
Water Source
Public: 1
Architectural Style
Ranch: 1
Traditional: 1
Community Features
Sidewalks: 1
Patio And Porch Features
Covered: 1
Front Porch: 1
Patio: 1
Screened: 1
Waterfront Features
Canal Front: 1
Ocean Access: 1
Seawall: 1
Interior Features
Ceiling Fan(s): 1
Open Floorplan: 1
Primary Bathroom - Shower No Tub: 1
Primary Downstairs: 1
Skylight(s): 1
Split Bedrooms: 1
Property Condition
Fixer: 1
Rental Restrictions
No Minimum: 1
Water Body Access Type
Owned: 1
DPR Eligible
DPR Eligible: Yes
Room Types
Bedroom 2: 1
Bedroom 2 Level: First
Bedroom 3: 1
Bedroom 3 Level: First
Den: 1
Den Level: First
Dining Room: 1
Dining Room Level: First
Florida Room: 1
Florida Room Level: First
Kitchen: 1
Kitchen Level: First
Laundry: 1
Laundry Level: First
Living Room: 1
Living Room Level: First
Primary Bathroom: 1
Primary Bathroom Level: First
Primary Bedroom: 1
Primary Bedroom Level: First
Other Room: 1
Other Room Level: First
Location Tax and Legal
Street Number: 395
Street Name: BACARDI
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 993-Out Of Area-South
Subdivision Name: Not Validd
Status Change Information
Major Change Timestamp: 2026-08-19T17:39:59Z
Major Change Type: New Listing
Property Features
Architectural Style: Ranch; Traditional
Levels: One
Property Condition: Fixer
Rental Restrictions: No Minimum
Appliances: Dryer; Refrigerator; Washer
Interior Features: Ceiling Fan(s); Open Floorplan; Primary Bathroom - Shower No Tub; Primary Downstairs; Skylight(s); Split Bedrooms
Flooring: Carpet; Tile
Laundry Features: In Unit; Upper Level; Washer Hookup
Utilities: Electricity Available; Sewer Connected; Water Connected
Cooling: Central Air
Heating: Electric
Water Source: Public
Sewer: Public Sewer
Construction Materials: Concrete; Stucco
Exterior Features: Boat Lift
Patio And Porch Features: Covered; Front Porch; Patio; Screened
Pool Features: In Ground; Fenced
Roof: Shingle
Parking Features: Attached; Garage; Garage Door Opener
Lot Features: Cleared; Corner Lot; Few Trees
View: Canal
Water Body Access Type: Owned
Waterfront Features: Canal Front; Ocean Access; Seawall
Fencing: Back Yard; Chain Link; Fenced; Wood
Current Use: Residential; Single Family
Community Features: Sidewalks
Road Frontage Type: City Street
Road Surface Type: Asphalt; Paved
Possession: Close Of Escrow
Listing Terms: Cash; Conventional
Room Types: Bedroom 2; Bedroom 3; Den; Dining Room; Florida Room; Kitchen; Laundry; Living Room; Primary Bathroom; Primary Bedroom; Other Room
Supplements
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.
Room Information
Room Name Level Length Width Remarks
OtherFirst4.608.90Foyer
Living RoomFirst13.0014.00
KitchenFirst12.0013.00
LaundryFirst9.005.00
Dining RoomFirst13.0010.00
DenFirst17.9015.20
Primary BedroomFirst10.5012.40Ensuite
Primary BathroomFirst6.804.20Shower
Bedroom 2First10.7010.40Built in Closet
Bedroom 3First10.0010.00Built in Closet
Florida RoomFirst14.1113.30
OtherFirst38.0045.00Pool Deck
Other20.0030.00BOAT SLIP

Listing Office: OLYMPUS EXECUTIVE REALTY, INC
Source MLS Verified

Last Updated: August - 19 - 2026

Information deemed reliable but not guaranteed.