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    1353 Courtenay Pkwy Merritt Island, FL 32953

    Sponsored
    For Lease
    $15 SF/Yr

    Merritt Island Office Space Available

    Lot size:
    32,273 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This three-building Merritt Island office complex totals 32,273 square feet, built in 1987. The property features 2-story buildings situated on 2.89 acres, providing ample parking (103+ spaces). Located at 1353 N Courtenay Pkwy, 32953, this multi-tenant property boasts high visibility at a lighted intersection on Merritt Island's main north-south traffic corridor. The zoning is BU-ICC. Available spaces range from 801 to 2,272 square feet. The complex benefits from its location near major employers including Kennedy Space Center, Boeing, Blue Origins, SpaceX, and Lockheed Martin, ensuring a strong economic base and high traffic counts within a busy, affluent submarket. The property offers excellent visibility and accessibility. The Brevard County location (APN: 24-36-23-Bx-00000.0-0017.00) presents a compelling investment opportunity in a thriving area. This executive and traditional office space is perfect for businesses seeking a prominent location with high traffic exposure.

    Property Features for 1353 Courtenay Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,273 SF
    Total Rate
    40341.25

    Building Details

    Year Built
    1987
    Buildings
    3
    Stories
    2

    Unit(s) available at that property

    Space
    Unit E & F
    Size
    2,272 SF
    Rate per SF
    $15
    Space
    Unit G & H
    Size
    1,998 SF
    Rate per SF
    $15
    Space
    Unit I
    Size
    1,605 SF
    Rate per SF
    $15
    Space
    Unit A
    Size
    1,245 SF
    Rate per SF
    $16
    Space
    Unit P
    Size
    801 SF
    Rate per SF
    $16

    HighLights

    • High‑traffic location anchored by national retailers and restaurants on Courtenay Parkway.
    • Strong location near key employment centers and economic drivers.
    • Flexible suite sizes ranging from 608 to 2,400 square feet.
    • Recently renovated with new metal roofing and significant interior and exterior improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Discovery Counseling Services ... Mental Health Service Sean G Anderson ... Attorney Christ Church Positive ... Church FedEx Drop Box Mailing Service Casey O'brien Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -80.703080050419
    Latitude
    28.380053303743

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    FAQs

    What type of property is this?
    Office Property / Space - Merritt Island Office Space Available
    Where is this office property / space located?
    The property is located at 1353 Courtenay Pkwy Merritt Island, FL.
    What is the lease rate?
    The lease rate is $15-$16 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location anchored by national retailers and restaurants on Courtenay Parkway.; Strong location near key employment centers and economic drivers.; Flexible suite sizes ranging from 608 to 2,400 square feet.
    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
    1353 Courtenay Pkwy Merritt Island, FL 32953
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