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Shopping Center with Vacant Unit
For Sale
$2,980,000

880 N Banana River Dr, Merritt Island, FL 32952

Well-maintained retail center with a 2019 roof and a stable tenant base.

Property Size26,900 SF
Price / SF$110.78
Days on Market239

Property Features for 880 N Banana River Dr

General Information

Standard status Active
Size 26,900 SF

Taxes and HOA fees

Annual Taxes $22,815

Building Details

Tenancy Multi
Listing Agency: Realty World Curri Properties
Listed By: Eugene B Artusa · License #655885
Source: Exprealty
Added: Dec 17, 2025 Changed: Aug 12 Last Checked: Aug 12 at 10:26AM

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 Realty World Curri Properties

Investment Insights

Based on property information with market context.

This 26,900-square-foot shopping center on Merritt Island includes an available 2,200-square-foot unit within an established retail property. The building is described as well maintained and received a new roof in 2019.

The property is located at 880 N Banana River Dr, Merritt Island, FL. Its existing tenant base and available suite provide both established occupancy and an identified space for a new retail user.

Key Highlights

  • 26,900 SF shopping center
  • 2,200 SF vacant unit
  • New roof installed in 2019

Property Analytics

Current Use

Coastal Elite Gym & Fitness Center

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Hair Salon Auto Repair Shop Spa & Massage Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
111k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 91% Shops & Services 8%
Walmart Superstores
100,819 visits/mo 0.4 miles
Chevron Shops & Services
5,169 visits/mo 0.4 miles
Marathon Shops & Services
4,137 visits/mo 0.4 miles
The Pizza Company Dining
422 visits/mo 0.4 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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Well-maintained retail center with a 2019 roof and a stable tenant base.
Where is this shopping center located?
The property is located at 880 N Banana River Dr Merritt Island, FL.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: 26,900 SF shopping center; 2,200 SF vacant unit; New roof installed in 2019
More about this property
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