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    650 Courtenay Pkwy Merritt Island, FL 32952

    Sponsored
    For Lease
    $15 SF/Yr ($14,880 /Mo)

    Prime Medical Office Space, Flexible Sizes

    Lot size:
    11,904 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story Class B medical office building, located at 650 S Courtenay Pkwy, Merritt Island, FL 32952, offers 11,904 square feet of versatile space. Built in 1984, the single building sits on a 2.42-acre lot and features multiple tenancies. Currently, there are two available suites ranging from 1,600 to 2,434 contiguous square feet, ideal for a variety of medical or general office uses. Each suite offers the convenience of private offices and restrooms, ensuring privacy and functionality. Ample parking is available for tenants and their clients, providing a convenient and accessible location for patients and staff. The property's location in Merritt Island, Florida, offers excellent visibility and accessibility. The minimum divisible space is 1,600 square feet, making it suitable for smaller practices or businesses, while the maximum contiguous space of 2,434 square feet allows for expansion opportunities. The property's APN is 25-36-02-00-23. This is a fantastic opportunity to secure high-quality office space in a desirable location. First-floor spaces are available.

    Property Features for 650 Courtenay Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,904 SF
    Class
    B
    Total Rate
    14880

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    100
    Size
    1,600 SF
    Rate per SF
    $15
    Space
    102
    Size
    2,434 SF
    Rate per SF
    $15

    HighLights

    • 11,904 SF Class B medical office building on a 2.42‑acre lot in Merritt Island, FL.
    • Two suites available, 1,600 - 2,434 contiguous SF each.
    • Private offices and restrooms in each suite.
    • Ample parking.
    • Excellent visibility and accessibility.
    • First‑floor space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Susan Ville Chiropractor Reeves Christopher DPM Podiatrist Shane Amber M ... Podiatrist Saranita Anthony D ... Podiatrist Woociker Samuel S ... Podiatrist

    Suggested Use

    Law Firm Restaurant Realty agency 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
    -80.6978336
    Latitude
    28.345815

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space, Flexible Sizes
    Where is this medical office located?
    The property is located at 650 Courtenay Pkwy Merritt Island, FL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 11,904 SF Class B medical office building on a 2.42-acre lot in Merritt Island, FL.; Two suites available, 1,600 - 2,434 contiguous SF each.; Private offices and restrooms in each suite.
    Request Owner's contact information
    650 Courtenay Pkwy Merritt Island, FL 32952
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    Merritt Island, FL 32952
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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
    650 Courtenay Pkwy Merritt Island, FL 32952
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