430 W Merritt Island Causeway Merritt Island, FL 32952
23-key motel on Merritt Island near Kennedy Space Center.
Type:Hospitality
Property size:
9,084 SFPrice / SF:
$544/SF- Added:
- Jan 27, 2024
- Days on Market:
- 821
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 430 W Merritt Island Causeway
General Information
- Standard status
- Active
- Size
- 9,084 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1959
Listing agent Ralph Liu License #CA 02247157 & 01342940
Listing office InvestorsAlly Commercial Property, Loans & Insurance
Listing date Jan 27, 2024
Source Crexi
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 InvestorsAlly Commercial Property, Loans & Insurance
Overview
Merritt Island Motel Near Spaceport
This 23-key motel is located on Merritt Island along the Space Coast. The motel includes rooms with a queen-size bed or two double beds, as well as suites with one or two beds. The total number of beds can accommodate between 30 to 40 persons. Many units are equipped with microwave ovens, fridges, and ranges. Above the reception desk office, there is a large 2-bedroom manager's living quarters that can sleep another 5 persons and can be rented out. There is plenty of parking space on site. The occupancy has been a blend of steady long-term clients and short-term transient customers. The property has been renovated from a previously dilapidated state. The Kennedy Space Center is nearby, and Cocoa Beach is just across the short causeway. The Palm Bay/Melbourne area has the largest influx of new relocating residents in the US, brought by the hiring of hi-tech companies such as Northrop Grumman, L3Harris and Embraer. Patrick Space Force Base is further south on Satellite Island.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Aladdin Motel By ...
Hotel & Motel
Similar Places Nearby
- Aladdin Motel By OYO Merritt Island — 430 W Merritt Island Causeway, Merritt Island, FL 32952
- Clarion Hotel — 260 E Merritt Island Cswy, Merritt Island, FL 32952
- Space Coast Island Hotel — 260 E Merritt Island Cswy Suite 1001, Merritt Island, FL 32952
- Econo Lodge Port Canaveral Area — 260 E Merritt Island Cswy, Merritt Island, FL 32952
Location Insight
- Map
- Local Demand
- City
- Merritt Island
- County
- Brevard
- State
- Florida
- Longitude
- -80.7055704
- Latitude
- 28.357309
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - 23-key motel on Merritt Island near Kennedy Space Center.
Where is this motel located?
The property is located at 430 W Merritt Island Causeway Merritt Island, FL.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Prime location on Merritt Island's Space Coast with views of SpaceX and Blue Origin rocket launches.; Proximity to Kennedy Space Center, Cocoa Beach, and Port Canaveral, attracting tourists and cruise passengers.; Strong income potential from a mix of long‑term and short‑term rentals in a growing local economy.
