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    Merritt Island, FL
    Hospitality

    Merritt Island, FL Hospitality Properties for Sale

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    Cocoa Beach, FL Rockledge, FL Malabar, FL Melbourne, FL Cape Canaveral, FL Palm Shores, FL Cocoa, FL Satellite Beach, FL
    Merritt Island Motel Near Spaceport
    Updated: Jan 27, 2024
    Merritt Island Motel Near Spaceport

    430 W Merritt Island Causeway, Merritt Island, FL 32952

    Contact for pricing
    9,084 sqft
    Prime location on Merritt Island's Space Coast with views of SpaceX and Blue Origin rocket launches.
    Proximity to Kennedy Space Center, Cocoa Beach, and Port Canaveral, attracting tourists and cruise passengers.
    Strong income potential from a mix of long‑term and short‑term rentals in a growing local economy.
    23‑key motel with a variety of room types, including suites with kitchenettes, accommodating 30‑40 guests.
    Includes a 2‑bedroom manager's living quarters, providing on‑site management or additional rental income.
    View details
    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: Hospitality for sale in Merritt Island, FL. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities, 2 off-market properties to explore as potential leads, and 1 land listing with development potential.

    Opportunities in Nearby Cities

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

    Waterfront Hotel and Café
    Waterfront Hotel and Café

    Saint Cloud, FL 34771

    $2,850,000
    6,430 sqft 1.13 AC lot

    Four-building hospitality property with lake access, pavilion, and on-site kitchen facilities.

    View details
    Riverfront Resort Property
    Riverfront Resort Property

    1-10-3590 S Atlantic Ave, Cocoa Beach, FL 32931

    $4,999,000
    5,016 sqft

    Operating hospitality property with direct river access for guest kayaking and outdoor recreation.

    View details
    Waterfront Hotel With Cafe
    Waterfront Hotel With Cafe

    Saint Cloud, FL 34771

    $2,850,000

    Four-building hospitality property with guest accommodations, food-service space, covered outdoor gathering area, and lake access.

    View details
    170-Room Hotel
    170-Room Hotel

    3901 North Atlantic Avenue, Cocoa Beach, FL 32931

    Contact for pricing

    The property is steps from the Atlantic Ocean and within convenient reach of Port Canaveral.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with TU-2 Zoning
    Commercial Land with TU-2 Zoning

    DEERING Parkway, Mims, FL 32754

    $365,000
    3.36 AC lot

    TU-2 zoning supports resort, lodging, restaurant, retail, and residential development uses.

    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.

    430 Merritt Is Cswy
    MOTEL

    430 Merritt Is Cswy, Merritt Island, FL 32952-4810

    Estimated value:
    $1,690,000
    1,491 sqft 0.46 AC lot
    View details
    260 Merritt Is Cswy
    HOTEL

    260 Merritt Is Cswy, Merritt Island, FL 32952-3637

    Estimated value:
    $1,990,000
    10,646 sqft 6.93 AC lot
    View details

    Merritt Island, FL Hospitality Properties Market Trends and Statistics

    Explore 3 hospitality properties for sale in Merritt Island, FL on our real estate platform. These investment opportunities span a total of 9,084 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

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

    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)

    How Realmo verifies these figures

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    Browse Hospitality properties for Sale Near Merritt Island, FL

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    Most Searched ZIP Codes in Merritt Island, FL

    • 32952

    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
    Why this one?

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