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    290 Parnell St Merritt Island, FL 32953

    Sponsored
    For Sale
    $525,000

    COMMERCIAL - Merritt Island, FL

    Property size:
    2,444 SF
    Lot size:
    0.51 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 290 Parnell St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 1
    Bathrooms
    3
    APN
    24-36-35-32-0000k.0-0015.00
    Parking features
    Parking Lot
    Size
    2,444 SF
    Lot size
    0.51 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1958
    Flooring type
    Tile, Wood
    Building materials
    Stucco

    Denovo Realty (321) 237-1887 [email protected]

    Listing agent Tamara Crisafulli (321) 237-1887

    Listing date Dec 16, 2025

    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 Commercial Property For Sale

    Located in Merritt Park Place on Merritt Island, this 0.51-acre commercial property is zoned BU-1. The property includes a 0.29-acre main building lot and a 0.22-acre adjacent lot, offering flexibility for expansion, additional parking, or future development. Situated on a corner, the property has 125 feet of road frontage and provides access to Courtenay Parkway and SR-520. The main building, which is 2,066 square feet, was renovated in 2012 with updates to plumbing, air ducts, insulation, drywall, and doors, as well as the addition of hurricane ties. The building features original 1950s hardwood floors. Currently operating as an upscale salon, the layout can be adapted for office or retail use. A secondary 378-square-foot building, also air-conditioned, provides additional space for business operations or rental income. This property is suitable for owner-occupied businesses, rental opportunities, or future growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SolGlow Studio Facial Spa Skin by JO Skin Care Clinic Adore Salon Hair Salon Looking Good Hair ... Hair Salon Haircolor Specialist & Extensions ... Hair Salon

    Suggested Use

    Law Firm Realty agency Restaurant 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.

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.703002
    Latitude
    28.361169

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    FAQs

    What type of property is this?
    Retail space - Renovated commercial property in Merritt Island's historic Merritt Park.
    Where is this retail space located?
    The property is located at 290 Parnell St Merritt Island, FL.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Prime corner location in Merritt Park Place with 125ft of road frontage, ensuring excellent visibility and accessibility.; - Large 1/2 acre commercial property (BU-1 zoning) offering flexibility for expansion, parking, or future development.; - Main building (2,066 sq ft) completely renovated in 2012 with updates to plumbing, air ducts, insulation, drywall, doors, and hurricane ties.
    (321) 652-5808
    Request Owner's contact information
    290 Parnell St Merritt Island, FL 32953
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    Merritt Island, FL 32953
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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
    290 Parnell St Merritt Island, FL 32953
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