Merritt Island, FL Commercial Real Estate for Sale

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24 properties

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Updated: May 19, 2025

Renovated Retail Office Center

1175 N Courtenay Parkway, Merritt Island, FL 32953

$1,249,000

8,053 sqft 0.68 AC lot

8,053 SF retail/office center built in 1986
8‑unit property with updated interiors
Situated on high‑traffic N Courtenay Pkwy, directly across from Merritt Island High School
Adjacent to the public library
Parking features include guest parking

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This listing looks promising.

Here's a quick look at some key insights for

1175 N Courtenay Parkway, Merritt Island, FL 32953

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$110K
Annual
Price @ 7% Cap

$1.57M
Above asking
Last Sold

Dec 2023
$658K
Property Type

Office Building
Built 1986

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Updated: Jun 5

Front-Facing Office Suite

2555 N Courtenay Parkway, Merritt Island, FL 32953

$140,000

998 sqft 0.09 AC lot

Frontage on high‑traffic/high‑visibility Courtenay Pkwy with front and rear access
Flexible office layout with a 16' x 14' tiled room, two private offices (10' x 8' and 7.5' x 5.5'), cubicles, break room, and reception area
Tile and laminate flooring throughout; freshly painted
Central heating and central air; electric heating
Water and sewer: public water and public sewer; association fee includes water

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Commercial Development Land with Parkway Frontage

6004 N Courtenay Parkway, Merritt Island, FL 32953

$350,000

1.73 AC lot

1.73-acre BU-2 zoned site with direct Courtenay Parkway frontage, suited for a range of commercial developments.

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Neighborhood Retail Strip Mall

1175 N Courtenay Parkway, Merritt Island, FL 32953

$1,249,000

8,053 sqft

Well-positioned retail strip mall listed for sale in Brevard County.

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Zoned BU-1-A Development Land

2180 N Courtenay Parkway, Merritt Island, FL 32953

$225,000

0.40 AC lot

Land parcel on Courtenay Parkway, Merritt Island, zoned BU-1-A and supported by survey and an approved proposed site plan.

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Land in Merritt Island, FL

6235 N Tropical Trail, Merritt Island, FL 32953

$165,000

2.45 AC lot

2.45 acre land parcel in Merritt Island, Florida.

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Merritt Island Land For Sale

4200 Courtenay Parkway, Merritt Island, FL 32953

$150,000

0.89 AC lot

Commercial land available in Merritt Island, Florida.

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Neighborhood Convenience Store Building

1570 N Tropical Trail, Merritt Island, FL 32953

$360,000

2,880 sqft 1.00 AC lot

Operational convenience store with hot-food kitchen setup and on-site office tenant generating $750 monthly rent.

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Vacant Land on Courtney Parkway

N Courtenay Parkway, Merritt Island, FL 32953

$375,000

2.05 AC lot

Two-acre commercial land with development potential on a busy corridor.

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Merritt Island Agricultural Grazing Land

S, Merritt Island, FL 32953

$435,000

20.76 AC lot

20.76 acres for agricultural use, grazing, recreation, or investment.

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Commercial Development Parcel

6004 North Courtenay Parkway, Merritt Island, FL 32953

$350,000

75,359 sqft 1.73 AC lot

1.73-acre unimproved commercial land parcel with direct frontage on Courtenay Parkway in BU-2 zoning.

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Office Warehouse Flex Building

150 & 160 Venetian Way, Merritt Island, FL 32953

$3,449,900

24,000 sqft 1.32 AC lot

Flex office and warehouse space includes electric roll-up overhead doors, glass entry, private bath, and air-conditioned office.

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Merritt Island Commercial Office Building

2460 N Courtenay Parkway, Merritt Island, FL 32953

$2,699,900

15,428 sqft 1.45 AC lot

Commercial office building in Merritt Island, Florida, for sale.

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Triple-Net Shopping Center

1450 N Courtenay Pkwy, Merritt Island, FL 32953

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108,975 sqft

Triple-net shopping center 98% leased to national tenants with recent capital improvements and visibility to 30,000+ vehicles daily.

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Leased Office Units with Private Restrooms

2460 N Courtenay Pkwy, Merritt Island, FL 32953

$2,699,900

15,428 sqft

Mostly leased office units with built-in offices and private restrooms, supporting steady income for an owner.

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Fully Leased Pier Park Plaza

1365 N Courtenay Pkwy, Merritt Island, FL 32953

$799,000

0.81 AC lot

Professional mixed-use office building in Merritt Island, fully leased.

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Multi-Tenant Warehouse Buildings Near Port

2755 N Banana River Dr, Merritt Island, FL

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18,120 sqft 0.80 AC lot

Two multi-tenant warehouse buildings with office suites near Port Canaveral.

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Industrial

5030 N Courtenay Pkwy, Merritt Island, FL 32953

$1,050,000

Flex space

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Medical Office Suite with Exam Rooms

1395 N Courtenay Parkway, Merritt Island, FL 32953

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Medical office suite with a large waiting area, multiple exam rooms, and elevator access within a dedicated private office layout.

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Church Building with Fellowship Hall

1350 N Tropical, Merritt Island, FL 32953

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AS-IS church property includes a fellowship hall with kitchen and paved parking for visitors.

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Billboard-Income Commercial Land

4260 N Courtenay Pkwy, Merritt Island, FL 32953

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Two-parcel commercial land site zoned BU-1 in unincorporated Merritt Island, partially cleared, with billboard income.

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Freestanding Retail Building on Corner Lot

2625 N Courtenay Pkwy, Merritt Island, FL

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4,539 sqft 1.05 AC lot

Corner lot retail building with great access and high traffic.

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Freestanding Retail Building on Corner

2625 N Courtenay Pkwy, Merritt Island, FL 32953

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4,539 sqft

Corner lot with freestanding retail building, great access, high traffic.

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Merritt Island Agricultural Land Parcel

Chase Hammock Road, Merritt Island, FL 32953

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5.00 AC lot

5-acre agricultural parcel in Merritt Island near major roadways.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Merritt Island, FL, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

Merritt Island, FL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Merritt Island, FL, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 286,372 square feet of properties for sale, with an estimated market value of $15,746,700.

Sale prices for business properties in Merritt Island, FL start at $140,000, averaging $984,168, and reaching up to $3,449,900 — 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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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
32953	$1.3M
32952	$2.4M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Brevard County

Office

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Merritt Island, FL Commercial Real Estate for Sale

1175 N Courtenay Parkway, Merritt Island, FL 32953

2555 N Courtenay Parkway, Merritt Island, FL 32953

6004 N Courtenay Parkway, Merritt Island, FL 32953

1175 N Courtenay Parkway, Merritt Island, FL 32953

2180 N Courtenay Parkway, Merritt Island, FL 32953

6235 N Tropical Trail, Merritt Island, FL 32953

4200 Courtenay Parkway, Merritt Island, FL 32953

1570 N Tropical Trail, Merritt Island, FL 32953

N Courtenay Parkway, Merritt Island, FL 32953