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Private-Entry Office Unit
New
For Lease
$14,172/Mo

313 MAGNOLIA, Merritt Island, FL 32952

Office suite with dedicated signage, a separate business entrance, and frontage along Magnolia Avenue.

Space Size930 SF
Days on Market2

Property Features for 313 MAGNOLIA

General Information

Standard status Active
Size 930 SF
Net Rentable 930 SF
Property subtype Commercial

Space & Availability

Available Space 930 SF
Contiguous Space 930 SF
Space Use Office
Sublease No

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $16,768

Building Details

Building Size 930 SF
Year Built 1963
Units 14
Listed By: Lynda Cheros
Source: Elliman
Added: Sep 4 Last Checked: Sep 4 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lynda Cheros

Investment Insights

Based on property information with market context.

This 930-square-foot office unit is located within the Magnolia Building and has its own private entrance. The separate entry serves as the suite’s street address and mailing address, providing a distinct business presence for an independent operation. Signage is available at the office door, above the office window, and on the building sign near the street.

The property fronts Magnolia Avenue in an established Merritt Island area with shopping and dining nearby. Orlando International Airport is approximately a 45-minute drive. The building was constructed in 1963, and property management is described as responsive. BikeScore is 45 and WalkScore is 66.

Key Highlights

  • 930 sq. ft. office unit in the Magnolia Building
  • Frontage on Magnolia Avenue
  • Private entrance serves as the suite’s street and mailing address

Property Analytics

Current Use

White Opticians Ophthalmologist

Suggested Use

Top Pick Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store HVAC Service Plumbing Service Tanning Salon

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
Paved road access
NNN (Triple Net)
Lease Type
$27.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,173
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suite with dedicated signage, a separate business entrance, and frontage along Magnolia Avenue.
Where is this office units located?
The property is located at 313 MAGNOLIA Merritt Island, FL.
What is the lease rate?
The lease rate is $14,172/Mo.
What are key features of this property?
This property features: 930 sq. ft. office unit in the Magnolia Building; Frontage on Magnolia Avenue; Private entrance serves as the suite’s street and mailing address
More about this property
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