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Flex Space Former Car Dealership
For Lease
$75,000

1850 E Merritt Island Causeway, Merritt Island, FL 32952

COMMERCIAL - Merritt Island, FL

Space SizeContact for details
Lot Size6.92 Acres
Days on Market1284

Property Features for 1850 E Merritt Island Causeway

General Information

Property type Commercial Lease
Property subtype Other
Security features Security
Directions From US1 head east on SR520. Building is located on SR520 on Merritt Island.
Subdivision 251 - Central Merritt Island
Standard status Active
APN 24-37-31-00-00001.1-0000.00
Lot size 6.92 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description LOTS 73 TO 82 & S 30.5 FT OF LOT 83 OF PB 4 PG 35 AND PART OF GOVT LOTS 1 & 4 LYING W OF PB 4 PG 35, E OF NORTH BANANA R
Tax Annual Amount 98252
Legal Description LOTS 73 TO 82 & S 30.5 FT OF LOT 83 OF PB 4 PG 35 AND PART OF GOVT LOTS 1 & 4 LYING W OF PB 4 PG 35, E OF NORTH BANANA R

Utilities

Utilities Cable Available
Water source Public
Water front features River Front, Navigable Water
Water front 1

Amenities

restaurant
gym
playroom
daycare
movie theater
conference rooms
barber shop
game room

Building Details

Year built 2003
Flooring type Concrete, Carpet, Tile
Building materials Block, Concrete
Listing Agency: Perrone Realty, LLC
Listed By: Ralph S Perrone · License #3045618
Added: Feb 2, 2023 Changed: Aug 4 Last Checked: Aug 9 at 12:06PM
MLS# 956377

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-style former car dealership facility offers a mix of professional and executive office space along with service/warehouse areas with bays and storage. In addition to the office and service components, there is extra buildout space that includes several dedicated rooms and uses such as a restaurant, gym, playroom, daycare, movie theater, conference rooms, barber shop, and game room, among others.

The property is located at 1850 E Merritt Island Causeway in Merritt Island, Florida 32952 (Brevard County).

Key Highlights

  • Former car dealership built in 2003 with block and concrete construction
  • Includes professional and executive offices totaling about 20,000 sq ft
  • Service/warehouse/bays/storage area totals about 30,000 sq ft

Property Analytics

Current Use

Quick Lane at Island ... Auto Repair Shop Island Tiki Grill Bar & Pub

Suggested Use

Top Pick Building Supply Real Estate Agency Restaurant Law Firm Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32952, FL

20,670
Population
10,108
Households
2
Avg Household Size
52
Median Age
45%
College-Educated
96%
High-School Grad
12.3 sq mi
ZIP Area
1,680
Density / Sq Mi
$98,651
Median Household Income
$53,478
Median Earnings
$1,353
Median Rent
$404,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Tropical Taste Jerk Center 1500 E Merritt Island Cswy, Merritt Island, FL 32952

Frequently Asked Questions

What type of property is this?
Flex space - Former car dealership layout includes executive office space and service/warehouse bays plus a variety of secondary rooms.
Where is this flex space located?
The property is located at 1850 E Merritt Island Causeway Merritt Island, FL.
What is the lease rate?
The lease rate is $75,000.
What are key features of this property?
This property features: Former car dealership built in 2003 with block and concrete construction; Includes professional and executive offices totaling about 20,000 sq ft; Service/warehouse/bays/storage area totals about 30,000 sq ft
More about this property
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