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Real estate along South Tropical Trail in Merritt Island is some of the most expensive in Brevard County and for good reason. South Tropical Trail stretches from Mather’s Bridge north to 520 and features large estate lots along the Intracoastal and Banana Rivers. It is no secret that many homes in the county along the Intracoastal have limited water depth. However, the homes on South Tropical Trail on the Indian River have access to some of the deepest water in the area. These properties attract homeowners with large boats who like open water views rather than having a limited view on a deep water canal. The larger estates attract a real estate clientele who appreciates privacy and no HOA restrictions.
Starting at the southernmost tip of Merritt Island at Mather’s bridge you’ll find properties that have frontage on both Indian and Banana rivers…the locals call these properties “River to River.” At the southern tip, the properties are not that wide but get deeper as you head north. The most scenic stretch of the South Tropical Trail is from Mather’s Bridge to Pineda Causeway. Residences that live on this strip feel like they are secluded however they are only minutes to shopping and other everyday conveniences. Another neat fact about the real estate along South Tropical Trail is the soil is very fertile, Mango trees are common as well as Avocado, Lychee nut, and citrus trees. Residences in this area will sell for as low as $700,000 for an old “Florida” style ranch home up to the multi-millions for a modern estate.
North of Pineda along the South Tropical Trail is where you’ll find the largest estates situated on parcels of land of 1 acre – 10+ acres. On the larger estates, horses are allowed. The vacant land these massive estates sit on will sell for $2 MM+…just for the land! As you continue to head north towards 520 prices are much lower, with beautiful homes on the water selling as low as $1 million.
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