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Renovated Storefront Space
For Lease
$2,995/Mo

230 E Merritt Island Causeway, Merritt Island, FL 32952

Commercial Lease, Merritt Island, FL

Space SizeContact for details
Lot Size1.36 Acres
Days on Market186

Property Features for 230 E Merritt Island Causeway

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Guest, Parking Lot
Lot features Dead End Street, Few Trees
Directions Just west of the Clarion Hotel Entrance On SR 520 in Merritt Island.
Subdivision 251 - Central Merritt Island
Standard status Active
APN 243635020000000010b
Lot size 1.36 Acres

Taxes and HOA fees

Tax Year 2008
Tax Description TRACT NO 10B, PART OF ACCESS
Tax Annual Amount 24838
Legal Description TRACT NO 10B, PART OF ACCESS

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

new landscaping

Building Details

Building materials Block
Roof type Metal
Listing Agency: Perrone Realty, LLC
Listed By: Ralph S Perrone · License #3045618
Added: Mar 23 Changed: Sep 13 Last Checked: Sep 24 at 6:06AM
MLS# 1072708

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 storefront property offers a newly rebuilt interior shell with drywall, drop ceilings, lighting, and electrical systems. The building exterior has been refreshed with stucco and glass storefronts, complemented by new landscaping. Central air conditioning, a bathroom, and block construction are also provided.

The 1.36-acre property has direct frontage on SR 520 and includes a parking lot with guest parking. FDOT traffic counts report more than 34,000 vehicles passing daily, providing substantial exposure for occupants. Public water and public sewer serve the property. The lease structure is gross, with taxes, insurance, and CAM excluded from the tenant's responsibility.

Key Highlights

  • Direct frontage on SR 520
  • More than 34,000 vehicles pass daily per FDOT traffic count
  • 1.36‑acre property with parking lot and guest parking

Property Analytics

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Current Use

Perrone Center Shopping Center & Mall M.Y. Martial Arts ... Sports School Kula Yoga Merritt ... Gym & Fitness Center Waffle-Sauce Meadery Brewery & Distillery Bobalicious Tea (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Tanning Salon Plumbing Service Florist

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

34,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,799
Businesses Nearby
528k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 30% Apparel 21% Shops & Services 18% Groceries 11%
The Home Depot Home Improvements & Furnishings
47,314 visits/mo 0.3 miles
Publix Groceries
44,037 visits/mo 0.3 miles
T.J. Maxx Apparel
41,205 visits/mo 0.4 miles
Macy's Apparel
39,001 visits/mo 0.5 miles
BJ's Wholesale Club Superstores
35,532 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Merritt Island, FL

$18.22 /SF/Yr
Avg Asking Price
$14.43–$24 /SF/Yr
Price Range
1,942 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Awesome Blossoms Designs 158 E Merritt Island Cswy, Merritt Island, FL 32952
  • Carousel Florist 237 N Courtenay Pkwy, Merritt Island, FL 32952

Frequently Asked Questions

What type of property is this?
Storefront property - Newly updated retail space with central air, public utilities, and on-site parking.
Where is this storefront property located?
The property is located at 230 E Merritt Island Causeway Merritt Island, FL.
What is the lease rate?
The lease rate is $2,995/Mo.
What are key features of this property?
This property features: Direct frontage on SR 520; More than 34,000 vehicles pass daily per FDOT traffic count; 1.36‑acre property with parking lot and guest parking
More about this property
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