Motel

Merritt Island, FL Motels for Sale

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Melbourne, FL Rockledge, FL Malabar, FL
Merritt Island Motel Near Spaceport
Updated: Jan 27, 2024
Merritt Island Motel Near Spaceport

430 W Merritt Island Causeway, Merritt Island, FL 32952

$4,950,000
9,084 sqft
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.
23‑key motel with a variety of room types, including suites with kitchenettes, accommodating 30‑40 guests.
Includes a 2‑bedroom manager's living quarters, providing on‑site management or additional rental income.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Turnkey 49-Room Motel Investment
Turnkey 49-Room Motel Investment

4121 W VINE St, Kissimmee, FL 34741

$3,500,000
2.33 AC lot

Recently renovated 49-room motel in Kissimmee, Florida.

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29-Unit Motel Near Halifax River
29-Unit Motel Near Halifax River

1305 S Ridgewood Ave, Daytona Beach, FL 32114

$2,900,000
14,000 sqft · 1.00 AC lot

29-unit motel with development potential near Halifax River.

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Kissimmee Motel Investment Opportunity
Kissimmee Motel Investment Opportunity

4121 W VINE STREET, Kissimmee, FL 34741

$3,500,000
19,384 sqft · 2.33 AC lot

Turnkey 49-room motel with strong returns in Kissimmee, Florida.

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Renovated Motel Near the Ocean
Renovated Motel Near the Ocean

3720 S Atlantic Ave, Daytona Beach, FL 32118

$1,650,000

Updated 12-unit motel in Daytona Beach Shores, Florida.

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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.

MIMS, FL 3.36 Acre Lot
MIMS, FL 3.36 Acre Lot

DEERING PARKWAY, Mims, FL 32754

$365,000
3.36 AC lot

3.36 acre commercial lot in MIMS, Florida for sale.

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Waterfront Land Homesite
Waterfront Land Homesite

3924 N APALACHEE POINT, Crystal River, FL 34428

$260,000
0.26 AC lot

Partially cleared canal homesite with seawall in a community that allows short-term rentals.

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Keystone Heights Vacant Commercial Land
Keystone Heights Vacant Commercial Land

COMMERCIAL Circle, Keystone Heights, FL 32656

$289,000
1.12 AC lot

1.12 acre commercial land in Keystone Heights, Florida.

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Commercial Site Near Boca Grande
Commercial Site Near Boca Grande

10521 Gasparilla Road, Placida, FL 33946

$795,000
2.00 AC lot

2+ acre commercial site near Boca Grande with development plans.

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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.

430 Merritt Is Cswy
MOTEL

430 Merritt Is Cswy, Merritt Island, FL 32952-4810

$1,665,000
Estimated value
1,491 sqft · 0.46 AC lot
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Merritt Island, FL Motels Market Trends and Statistics

Explore 2 motels for sale in Merritt Island, FL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for motels in Merritt Island, FL start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 1

Demographics Overview

Population 46K
Population Growth (5Y) +2.9%
Median Household Income $90,907
College Educated 37.7%

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $25.97 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brevard County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Brevard County

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