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Retail Space with New Storefronts
New
For Lease
$2,297/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 Market2

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
Accessibility Accessible Approach with Ramp
Directions From US1, head east on SR 520,,,, Just west of the Clarion Hotel Entrance On SR 520 in Merritt Island. Property sits on SR 520
Subdivision 251 - Central Merritt Island
Standard status Active
APN 24-36-35-02-00000.0-0010.b0
Size 16,200 SF
Lot size 1.36 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FORTENBERRY PROPERTIES PER SURVEY BOOK 1 PG 90 TRACT NO 10B, PART OF ACCESS ESMNT & PART OF S 1/2 OF NE 1/4 ALL AS DESC IN ORB 5790 PG 4383
Tax Annual Amount 28338
Legal Description FORTENBERRY PROPERTIES PER SURVEY BOOK 1 PG 90 TRACT NO 10B, PART OF ACCESS ESMNT & PART OF S 1/2 OF NE 1/4 ALL AS DESC IN ORB 5790 PG 4383

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

new landscaping

Building Details

Year built 1986
Flooring type Wood
Building materials Block
Roof type Metal
Listing Agency: Perrone Realty, LLC
Listed By: Ralph S Perrone · License #3045618
Added: Oct 12 Last Checked: Oct 13 at 3:06PM
MLS# 1089798

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 retail space has wood flooring and a newly finished interior shell with drywall, drop ceilings, lighting, and electrical. The building’s updated exterior includes stucco and glass storefronts, while new landscaping and on-site parking are also part of the property. Central air serves the space, and an accessible approach with a ramp is provided.

The property is at 230 E Merritt Island Causeway in Merritt Island, Florida, with visibility from 520. Public water and sewer serve the site. The building was constructed in 1986 and has block construction and a metal roof.

Key Highlights

  • New stucco facade and glass storefronts
  • Interior shell features new drywall, drop ceilings, lighting, and electrical
  • Wood flooring and central air

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$0.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,799
Businesses Nearby
528k
Monthly Visits Nearby

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
View Realmo Analytics

Market

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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Frequently Asked Questions

What type of property is this?
Retail space - Wood flooring, central air, and a refreshed interior shell equip the suite for retail occupancy.
Where is this retail space located?
The property is located at 230 E Merritt Island Causeway Merritt Island, FL.
What is the lease rate?
The lease rate is $2,297/Mo.
What are key features of this property?
This property features: New stucco facade and glass storefronts; Interior shell features new drywall, drop ceilings, lighting, and electrical; Wood flooring and central air
More about this property
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