Home in 395 Bacardi Dr Merritt Island for sale with MLS# G5116670

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.

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Days on the market

395 Bacardi Dr, Merritt Island, FL 32953

Price
Price:
$445,990.00
Original List Price:
$445,990.00
List Price per Sq Ft (Calculated, Approx.):
$322.71
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Previous Status:
Temporarily Off-market
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
G5116670
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
2
Full Bath:
2
Additional Rooms:
Attic, Den/library/office, Inside Utility, Florida Room
Measures
Living Area:
1,382 Sqft
Built-Up Area:
2,720 Sqft
Lot Area:
8,712 Sqft
Lot Size Dimensions and Info:
20x
Building Area Source:
Estimated
Living Area Source:
Estimated
Lot Features:
Corner Lot, Oversized Lot, Paved, Sidewalk
Lot Size Acres:
0.2
Property Features
View from the Property:
Water
Waterfront:
Yes
Waterfront Features:
Canal - Brackish
Private Pool
Swimming Pool Features:
Gunite, In Ground
Security:
Security System, Security System Leased
Furnished:
Unfurnished
Appliances:
Dryer, Refrigerator, Washer, Exhaust Fan, Range
Interior:
Eat-in Kitchen, Kitchen/family Room Combo, Open Floorplan, Split Bedroom, Thermostat, Primary Bedroom Main Floor
Exterior:
Lighting, Sidewalk
Patio and Porch:
Patio, Screened, Front Porch, Rear Porch
Windows:
Skylight(s), Skylight(s)
Laundry:
Washer Hookup, Laundry Closet
Fireplace
Fireplace:
Living Room
Air Conditioning System:
Central Air
Heating System:
Electric
Fence:
Wood, Chain Link
Vegetation and Trees:
Trees/landscaped
Property Entrance Faces:
South
Road Responsibility:
Public Maintained Road
Water Access
Water Access Features:
Canal - Brackish
Water Extras
Water Extra Details:
Lift - Covered, No Wake Zone
Water View
Water View Details:
Canal
Construction
Year Built:
1968
Roof:
Shingle
Architectural Style:
Ranch
Levels:
One
Construction Materials:
Frame, Concrete
Flooring:
Carpet, Ceramic Tile
Number of stories:
1
Foundation Details:
Slab
Flood Zone Code:
X
Taxes and Expenses
Homestead Property
Tax Annual Amount:
$2,126.23
Tax Year:
2025
Parking
Garage
Garage Spaces:
2
Attached Garage
Parking Features:
Driveway, Garage Door Opener, Oversized, Ground Level, Boat
Garage Dimensions:
28X24
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Available, Underground Utilities, Electricity Connected, Sewer Connected, Water Connected
Water Source:
Public
Community
Minimum Lease Term:
No Minimum
Subdivision Name:
CATALINA ISLE ESTATES
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Close Of Escrow
Lease Considered:
Yes
Zoning and Legal
Tax Legal Description:
CATALINA ISLE ESTATES UNIT 6 LOT 87 BLK 16
Real Estate Folio Number (Parcel Number):
24 3625-26-16-87
Zoning:
RU111
Title to the property is held by owner as:
Fee Simple
Listing History
Originally published on:
August 19, 2026 7:08 pm
Active on the market since:
August 19, 2026
Listing Agreement executed on:
August 19, 2026
Purchase Contract Date:
September 4, 2026
Listing Status Last Changed On:
September 5, 2026 9:17 pm
Photos updated on:
September 5, 2026 9:19 pm
Last Modified:
September 5, 2026 9:19 pm
Additional Information
Courtesy of:
OLYMPUS EXECUTIVE REALTY INC
Attribution:
mls@oerfl.com
Road Surface Type:
Paved, Asphalt
Location
Street Name:
BACARDI
Street Number:
395
City:
MERRITT ISLAND
State:
Florida
Zip Code:
32953
County:
Brevard
Latitude:
N28° 22' 25.3''
Longitude:
W81° 18' 31.1''
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $84,248
Median Home Value $394,300
Median Rent $1,300/mo
Median Age 48
Population 24,834
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. Listings courtesy of Stellar MLS, as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House information, if any, 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 or agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS and as amended from time to time. Some IDX listings have been excluded from this website. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Based on information submitted to MLS GRID as of September 5, 2026, 9:19 PM.