Merritt Island, FL Mixed-use properties for sale

Updated: May 19, 2025

8-Unit Retail Center

1175 N Courtenay Parkway, Merritt Island, FL 32953

$1,249,000

8,053 sqft 0.68 AC lot

8,053‑square‑foot retail and office center with 8 units
0.68‑acre parcel
Renovated interiors
Block construction; built in 1986
Guest parking, public water, and public sewer

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Updated: Sep 21

Canal-Front Assisted Living Facility

1275 N BANANA RIVER, Merritt Island, FL 32952

$447,000

Previously licensed assisted living facility for 6 residents
Additional 1‑bedroom, 1‑bathroom living quarter
Prior use as a real estate office and school
Canal frontage leading to the Banana River Lagoon and Atlantic Ocean
Fifth‑wheel camper in the rear conveys with the property

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See hot listings in Merritt Island

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Unit Mixed-Use Building

200 N 1st St A, B, C & D, Cocoa Beach, FL 32931

$1,898,752

3,723 sqft

Corner property supports office, retail, restaurant, and other mixed-use commercial uses.

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Mixed-Use Parcel in Cocoa Beach

118 N Atlantic Ave, Cocoa Beach, FL 32931

$749,999

8,276 sqft

Mixed-use property in vibrant downtown Cocoa Beach with commercial and residential potential.

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Mixed-Use Commercial Property

202 - 204 N Fiske Blvd & 935 School St, Cocoa, FL 32922

Contact for pricing

8,712 sqft

Flexible commercial layout at the intersection of N Fiske Blvd and School St.

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Mixed-Use Building with Retail Units

226 King St, Cocoa, FL 32922

$2,500,000

Two-level property combines ground-floor retail and office space with an upper-floor residential apartment.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Commercial Land

N Courtenay Parkway, Merritt Island, FL 32953

$349,500

2.05 AC lot

Vacant, high-and-dry parcel with commercial rezoning potential and cable availability.

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Land Ready for Development

5700 520TH Highway, Cocoa, FL 32926

$880,000

217,800 sqft 5.00 AC lot

Cleared land with utilities, ready for residential development.

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Mixed-Use Development Land Parcel

728 Washington Ave, Titusville, FL 32780

$325,000

0.44 AC lot

Residential or commercial development is supported by mixed-use zoning on a small infill lot in Titusville.

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Downtown Melbourne Assemblage Opportunity

2013 2101 Vernon Place, Melbourne, FL 32901

$990,000

0.44 AC lot

Prime downtown Melbourne land assemblage for redevelopment.

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Off-Market Properties in Merritt Island, FL

Consider similar Off-Market properties in Merritt Island, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MIXED USE (COMMERCIAL/INDUSTRIAL)

4835 Courtenay Pkwy, Merritt Island, FL 32953-7927

Estimated value:

$225,000

2,018 sqft 0.28 AC lot

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MIXED USE (COMMERCIAL/INDUSTRIAL)

333 Hibiscus Ave, Merritt Island, FL 32953-4750

Estimated value:

$235,000

1,499 sqft 0.28 AC lot

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MIXED USE (COMMERCIAL/INDUSTRIAL)

285 Plumosa St, Merritt Island, FL 32953-3468

Estimated value:

$240,000

2,105 sqft 0.24 AC lot

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MIXED USE (COMMERCIAL/INDUSTRIAL)

275 Magnolia Ave, Merritt Island, FL 32952-4820

Estimated value:

$290,000

11,380 sqft 0.55 AC lot

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MIXED USE (COMMERCIAL/INDUSTRIAL)

265 Merritt Is Cswy, Merritt Island, FL 32952-3688

Unit 113

Estimated value:

$265,000

5,505 sqft 0.46 AC lot

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MIXED USE (COMMERCIAL/INDUSTRIAL)

670 Courtenay Pkwy, Merritt Island, FL 32953-4840

Estimated value:

$350,000

27,502 sqft 1.80 AC lot

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MIXED USE (COMMERCIAL/INDUSTRIAL)

35 Grv St, Merritt Island, FL 32953-3439

Estimated value:

$235,000

2,000 sqft 0.14 AC lot

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Mixed-use properties

420 Plumosa St, Merritt Island, FL 32952

Estimated value: by Request

42,689 sqft 0.98 AC lot

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Farms

1305 Panther Ln, Merritt Island, FL 32953

Estimated value: by Request

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Mixed-use properties

426 Plumosa St, Merritt Island, FL 32952

Estimated value: by Request

20,038 sqft 0.46 AC lot

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MIXED USE (COMMERCIAL/INDUSTRIAL)

300 Alma Blvd, Merritt Island, FL 32953-4353

Unit FIRE41

Estimated value:

$5,430,000

19,420 sqft 12.00 AC lot

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Merritt Island, FL Mixed-Use Properties Market Trends and Statistics

Explore 13 mixed-use properties for sale in Merritt Island, FL on our real estate platform. These investment opportunities span a total of 8,053 square feet of properties for sale, with an estimated market value of $1,696,000.

Sale prices for multi use buildings in Merritt Island, FL start at $447,000, averaging $848,000, and reaching up to $1,249,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
32953	$1M
32952	$4.6M

Neighborhood

Average Price

32953

$1M

32952

$4.6M

Merritt Island, FL Mixed-use Properties for Sale

1175 N Courtenay Parkway, Merritt Island, FL 32953

1275 N BANANA RIVER, Merritt Island, FL 32952