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    234 E Merritt Island Cswy Merritt Island, FL 32952

    For Sale
    $3,749,900

    COMMERCIAL - Merritt Island, FL

    Property size:
    16,500 SF
    Lot size:
    1.36 Acres
    Days on Market:
    343
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 234 E Merritt Island Cswy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    24-36-35-02-00000.0-0010.B0
    Size
    16,500 SF
    Lot size
    1.36 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1956
    Number of units
    2
    Flooring type
    Carpet
    Building materials
    Concrete
    Roof type
    Tar/Gravel

    Perrone Realty (407) 733-0725 [email protected]

    Listing agent Ralph S Perrone (321) 452-9838

    Listing date Dec 29, 2024

    Copyright © 2025 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.

    Overview

    Merritt Island Showroom and Shops

    This commercial property features a total of 16,200 square feet situated on 1.36 acres. Located directly on SR 520 in the heart of Merritt Island businesses, the property benefits from high exposure with over 35,000 vehicles passing daily. The front building is an 8,460 square foot single-tenant showroom. The rear building contains 7,740 square feet divided into five tenant spaces or shops. Both buildings have been renovated and feature fresh landscaping.
    Location Intelligence

    Current Use by Public Records

    i love my ... Non-Profit Organization My Island Thrift ... Thrift Store Perrone Realty Real Estate Agent Zonders Realty Real Estate Agency

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Tile Guy

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.695856
    Latitude
    28.357509

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    FAQs

    What type of property is this?
    Showroom - Showroom and shops on 1.36 acres in Merritt Island.
    Where is this showroom located?
    The property is located at 234 E Merritt Island Cswy Merritt Island, FL.
    What is the asking price?
    The asking price for this property is $3,749,900.
    What are key features of this property?
    This property features: - High-traffic location on SR 520 with over 35,000+ cars daily, providing exceptional exposure.; - Substantial 16,200 SqFt of total building space on 1.36 acres.; - Two buildings: an 8460 sq ft single-tenant showroom and a 7740 sq ft building with (5) tenant/shop spaces.
    (321) 452-9838
    Request Owner's contact information
    234 E Merritt Island Cswy Merritt Island, FL 32952
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    Merritt Island, FL 32952
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234 E Merritt Island Cswy Merritt Island, FL 32952
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