Strip Mall with SR520
For Lease
$2,995/Mo
230 E Merritt Island Causeway, Merritt Island, FL 32952
COMMERCIAL - Merritt Island, FL
Space SizeContact for details
Lot Size1.36 Acres
Days on Market140
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
(321) 452-9838
Listed By:
Ralph S Perrone · License #3045618
(407) 733-0725
Added: Mar 23
Changed: Aug 4
Last Checked: Aug 9 at 12:06PM
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 strip mall offers a newly updated building exterior and a completely refreshed interior shell. The owner completed a new front facade featuring stucco and glass storefronts, along with new landscaping designed to improve visibility. Inside, the space has been reworked with new drywall, drop ceilings, and updated lighting and electrical. The building is constructed of block and includes central air, with a metal roof. Public water and public sewer service are available.
The property provides direct frontage on SR520, benefiting from high daily drive-by traffic of 34,000 cars per day (FDOT traffic count). Parking is provided via a parking lot with guest spaces, supporting convenient customer access.
Lease terms are described as a gross lease with no taxes, no insurance, and no CAM included in the lease structure as stated.
The property provides direct frontage on SR520, benefiting from high daily drive-by traffic of 34,000 cars per day (FDOT traffic count). Parking is provided via a parking lot with guest spaces, supporting convenient customer access.
Lease terms are described as a gross lease with no taxes, no insurance, and no CAM included in the lease structure as stated.
Key Highlights
- Direct SR520 frontage with 34,000 cars driving by daily (FDOT traffic count)
- New front facade with stucco and glass store fronts, plus new landscaping
- Completely new interior shell with new drywall, drop ceilings, lighting and electrical
Property Analytics
Property Profile
Current Use
Lease Details
34,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
850
Businesses Nearby
419k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 29%
Apparel 16%
Superstores 8%
Chick-fil-A
Dining
49,393 visits/mo
0.2 miles
Macy's
Apparel
39,001 visits/mo
0.3 miles
BJ's Wholesale Club
Superstores
35,532 visits/mo
0.4 miles
Michaels
Shops & Services
28,458 visits/mo
0.1 miles
Ollie's Bargain Outlet
Shops & Services
28,420 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - New facade and newly refreshed interior shell with central air and ample parking on direct SR520 frontage.
Where is this strip mall 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 SR520 frontage with 34,000 cars driving by daily (FDOT traffic count); New front facade with stucco and glass store fronts, plus new landscaping; Completely new interior shell with new drywall, drop ceilings, lighting and electrical
