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    141 Courtenay Pkwy Merritt Island, FL 32952

    Sponsored
    For Lease
    $25 SF/Yr ($13,895 /Mo)

    Merritt Island office, 1,112-2,224 sq ft available

    Lot size:
    6,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Merritt Island commercial property, Watson Plaza, presents a prime leasing opportunity. Located at 141 S Courtenay Parkway, 32952, this single-story, 6,670 square foot building offers flexible office space ranging from 1,112 to 2,224 contiguous square feet. Currently, 2,224 square feet are vacant, perfect for a variety of businesses. Built in 1964 and renovated in 2024, the building boasts a Class B rating and features a reception area, conference room, office, and restroom within the available space. Modern amenities include 100% HVAC, LVP flooring, and a drop ceiling. Utilities include city water, sewer, and FPL electric. Ample parking is provided with 47 asphalt-paved and striped spaces. The 0.72-acre lot is zoned BU-1, allowing for diverse uses including office, retail, medical, and restaurant establishments. Its strategic location offers easy access to I-95, US1, and A1A, placing it near Merritt Island Airport, Health First Cape Canaveral Hospital, Merritt Square Mall, and Downtown Cocoa Village. This property is ideal for businesses seeking a well-maintained, conveniently located office space in the thriving Space Coast submarket of Brevard County, Florida. The property's APN is 24-36-35-00-00260.0-0000.00.

    Property Features for 141 Courtenay Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,670 SF
    Class
    B
    Total Rate
    13895.83

    Building Details

    Year Built/Renovated
    1964/2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 141
    Size
    1,112 SF
    Rate per SF
    $25

    HighLights

    • Prime Merritt Island leasing opportunity: 6,670 SF single‑story building at 141 S Courtenay Parkway, 32952.
    • 2,224 SF of vacant, flexible office space available; suites range from 1,112 to 2,224 SF.
    • Class B building, renovated in 2024, featuring reception area, conference room, office, and restroom.
    • Modern amenities include 100% HVAC, LVP flooring, and drop ceiling; 47 paved parking spaces.
    • 0.72‑acre lot zoned BU‑1, allowing for diverse uses; excellent access to I‑95, US1, A1A, and local amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    321 Realty & 321 ... Real Estate Agency Clark Brothers Roofing ... Roofing Contractor Justin Bender, 321 ... Real Estate Agent 321 Realty Tina ... Real Estate Agents Salty Bean Coffee Coffee Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.700245848096
    Latitude
    28.355031866241

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    FAQs

    What type of property is this?
    Medical office - Merritt Island office, 1,112-2,224 sq ft available
    Where is this medical office located?
    The property is located at 141 Courtenay Pkwy Merritt Island, FL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Prime Merritt Island leasing opportunity: 6,670 SF single-story building at 141 S Courtenay Parkway, 32952.; 2,224 SF of vacant, flexible office space available; suites range from 1,112 to 2,224 SF.; Class B building, renovated in 2024, featuring reception area, conference room, office, and restroom.
    Request Owner's contact information
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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
    141 Courtenay Pkwy Merritt Island, FL 32952
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