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    691 N Courtenay Pkwy, Unit A Merritt Island, FL 32953

    New
    For Sale
    $749,500

    SINGLE_FAMILY - Merritt Island, FL

    Type:Retail
    Property size:
    4,631 SF
    Lot size:
    0.52 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 691 N Courtenay Pkwy

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1
    Bathrooms
    3
    APN
    24-36-26-58-00000.0-000a.02
    Parking features
    Parking Lot, Driveway
    Fencing
    Chain Link
    Size
    4,631 SF
    Lot size
    0.52 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1966
    Number of units
    2
    Flooring type
    Wood, Concrete
    Building materials
    Frame, Stucco
    Roof type
    Shingle

    RLL Real Estate Group (321) 615-8548 [email protected]

    Listing agent Paul Henry Loftis (321) 622-5106

    Listing date Dec 3, 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

    Commercial Corner Lot with Pool

    This property features two buildings situated on a 0.52-acre commercial corner lot. One building is currently vacant, while the other is under lease. A heated pool joins the two buildings. The property is located in a great location and presents various possibilities. It is ideal for continuing a water sports-related business or could accommodate a physical therapy endeavor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lickity-Split Signs & Banners Sign Shop American Divers International Dive Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Awesome Blossoms Designs, Carousel Florist

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.70069
    Latitude
    28.368447

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    FAQs

    What type of property is this?
    Storefront property - Two buildings on a corner lot with a heated pool.
    Where is this storefront property located?
    The property is located at 691 N Courtenay Pkwy, Unit A Merritt Island, FL.
    What is the asking price?
    The asking price for this property is $749,500.
    What are key features of this property?
    This property features: - Below appraised value, offering instant equity.; - Commercial corner lot with income stream potential from existing lease.; - Two buildings on the property, providing flexibility for various uses.
    (321) 622-5106
    Request Owner's contact information
    691 N Courtenay Pkwy, Unit A 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
    691 N Courtenay Pkwy, Unit A Merritt Island, FL 32953
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