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    Merritt Island, FL
    Assisted Living

    Merritt Island, FL Assisted Living Facilities for Sale

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    Canal-Front Assisted Living Facility
    Updated: Sep 21
    Canal-Front Assisted Living Facility

    1275 N BANANA RIVER, Merritt Island, FL 32952

    $446,000
    Previously licensed assisted living facility for 6 residents
    Additional 1‑bedroom, 1‑bathroom living quarter
    Prior use as a real estate office and school
    Canal frontage leading to the Banana River Lagoon and Atlantic Ocean
    Fifth‑wheel camper in the rear conveys with the property
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    See hot listings in Merritt Island

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Assisted Living for sale in Merritt Island, FL. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 off-market properties to explore as potential leads.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    16-Bed Assisted Living Facility
    16-Bed Assisted Living Facility

    1208 Kennedy Road, Daytona Beach, FL 32117

    $690,000
    4,656 sqft 0.57 AC lot

    Single-story licensed care property with resident rooms, shared living areas, administrative space, and a commercial kitchen.

    View details
    Furnished Assisted Living Facility
    Furnished Assisted Living Facility

    201 ROSEFIELD Avenue, Leesburg, FL 34748

    $645,000
    3,465 sqft 0.20 AC lot

    A vacant, furnished care property includes fire protection systems, a generator, and a renovated kitchen.

    View details
    Furnished Assisted Living Facility
    Furnished Assisted Living Facility

    201 ROSEFIELD AVENUE, Leesburg, FL 34748

    $645,000
    4,725 sqft

    Vacant, furnished former care facility with fire protection, generator, and a renovated kitchen.

    View details
    Licensed 16-Bed Assisted Living Facility
    Licensed 16-Bed Assisted Living Facility

    1208 Kennedy Rd., Daytona Beach, FL 32117

    Contact for pricing
    4,656 sqft

    Single-story senior care property with resident accommodations, shared living areas, administrative space, and a commercial kitchen.

    View details

    Off-Market Properties in Merritt Island, FL

    Consider similar Off-Market properties in Merritt Island, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    125 Alma Blvd
    HOMES (RETIRED, NURSING)

    125 Alma Blvd, Merritt Island, FL 32953-4345

    Estimated value:
    $5,850,000
    23,789 sqft 4.90 AC lot
    View details
    1200 Courtenay Pkwy
    HOMES (RETIRED, NURSING)

    1200 Courtenay Pkwy, Merritt Island, FL 32952-3813

    Estimated value:
    $10,565,000
    77,627 sqft 13.36 AC lot
    View details
    535 Crockett Blvd
    HOMES (RETIRED, NURSING)

    535 Crockett Blvd, Merritt Island, FL 32953-5018

    Estimated value:
    $1,340,000
    66,594 sqft 23.30 AC lot
    View details
    500 Crockett Blvd
    HOMES (RETIRED, NURSING)

    500 Crockett Blvd, Merritt Island, FL 32953-5034

    Estimated value:
    $1,365,000
    38,621 sqft 8.08 AC lot
    View details

    Merritt Island, FL Assisted Living Facilities Market Trends and Statistics

    Explore 5 assisted living facilities for sale in Merritt Island, FL on our real estate platform.

    Sale prices for assisted living facilities in Merritt Island, FL average $446,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Spa & wellness properties 4
    Assisted living facilities 1

    Demographics Overview

    Population 46K
    Population Growth (5Y) +2.9%
    Median Household Income $90,907
    College Educated 37.7%

    High-Yield Neighborhoods for Investment

    Identify Merritt Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32952 $446K

    Taxes & Financing

    Tax Rate (average for all types) 1.03%
    Property Tax per SF $25.97 per SF
    Tax Rate vs County Average 0.32 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Brevard County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Featured Merritt Island Real Estate Agencies

    Realmo connects you with licensed Merritt Island CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Perrone Realty
    2460 N Courtenay Pkwy #102 Merritt Island, FL 32953
    Phone: (407) 733-0725
    www.goperrone.com
    Michelle Daignault-Ives
    215 N. Courtenay Pkwy. Merritt Island, FL 32953
    Phone: (321) 453-2151
    www.homeinthesun.com
    Florida East Coast Real Estate Inc
    262 E Merritt Island Causeway, Unit 2 Merritt Island, FL 32952
    Phone: (321) 877-4800
    www.FECREHomes.com
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