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    Merritt Island, FL
    Office Units

    Merritt Island, FL Office Units for Sale

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    Strip Mall with Eight Units
    Updated: May 19, 2025
    Strip Mall with Eight Units

    1175 N Courtenay Parkway, Merritt Island, FL 32953

    $1,249,000
    8,053 sqft 0.68 AC lot
    8,053 SF strip mall on 0.68 acres
    Eight units with updated interiors
    Block construction built in 1986
    Guest parking and ample parking
    On N Courtenay Pkwy across from Merritt Island High School
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    This listing looks promising.

    Here's a quick look at some key insights for

    1175 N Courtenay Parkway, Merritt Island, FL 32953

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $110K
      Annual

    • Price @ 7% Cap

      $1.57M
      Above asking

    • Last Sold

      Dec 2023
      $658K

    • Property Type

      Office Building
      Built 1986
    View Property Analytics
    Flexible Office Suite with Reception
    Updated: Jun 5
    Flexible Office Suite with Reception

    2555 N Courtenay Parkway, Merritt Island, FL 32953

    $140,000
    998 sqft 0.09 AC lot
    0.09‑acre site with 998 SF office suite
    Frontage on high‑traffic/high‑visibility Courtenay Pkwy
    Front and rear access
    Flexible layout includes 16' x 14' tiled room, two private offices, three cubicles, break room, and reception area
    Tile and laminate throughout with freshly painted interiors
    View details
    Office Warehouse Flex Building
    Office Warehouse Flex Building

    150 & 160 Venetian Way, Merritt Island, FL 32953

    $3,449,900
    24,000 sqft 1.32 AC lot

    Flex office and warehouse space includes electric roll-up overhead doors, glass entry, private bath, and air-conditioned office.

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    Neighborhood Convenience Store Building
    Neighborhood Convenience Store Building

    1570 N Tropical Trail, Merritt Island, FL 32953

    $360,000
    2,880 sqft 1.00 AC lot

    Operational convenience store with hot-food kitchen setup and on-site office tenant generating $750 monthly rent.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Office Building with Private Restrooms
    Office Building with Private Restrooms

    2460 N Courtenay Parkway, Merritt Island, FL 32953

    $2,699,900
    15,428 sqft 1.45 AC lot

    Concrete office property with built-out suites, carpeting, tile flooring, and public sewer service.

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    Leased Office Units with Private Restrooms
    Leased Office Units with Private Restrooms

    2460 N Courtenay Pkwy, Merritt Island, FL 32953

    $2,699,900
    15,428 sqft

    Mostly leased office units with built-in offices and private restrooms, supporting steady income for an owner.

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    Medical Office Suite with Exam Rooms
    Medical Office Suite with Exam Rooms

    1395 N Courtenay Parkway, Merritt Island, FL 32953

    Contact for pricing

    Medical office suite with a large waiting area, multiple exam rooms, and elevator access within a dedicated private office layout.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 7 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Front-Glassed Office Suite
    Front-Glassed Office Suite

    625 Brevard Avenue 627, 629, Cocoa, FL 32922

    $1,350,000
    3,978 sqft

    Frontage glass office configuration with front-facing space, back storage, and ample on-site parking in Cocoa Village.

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    Multi-Tenant Retail and Office Property
    Multi-Tenant Retail and Office Property

    840-846 North Cocoa Blvd, Cocoa, FL 32922

    Contact for pricing
    19,610 sqft

    Two single-story buildings with storefront visibility and abundant on-site parking support flexible retail and office use.

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    Renovated Office Building with Two Units
    Renovated Office Building with Two Units

    833 Barton Boulevard, Rockledge, FL 32955

    $549,999
    2,370 sqft 0.17 AC lot

    Renovated office building with two separate units, featuring updated interiors, bathrooms, kitchen facilities, and Cat 6 wiring.

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    Warehouse with Showroom Facility
    Warehouse with Showroom Facility

    2020 Murrell Rd, Rockledge, FL 32955

    Contact for pricing
    19,000 sqft 1.68 AC lot

    Concrete and steel warehouse with a separate showroom and mezzanine office, plus 20-foot clearance and ample parking.

    View details

    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.

    255 Sykes Creek Pkwy
    Office Units

    255 Sykes Creek Pkwy, Merritt Island, FL 32953

    Value Estimation by Request
    36,239 sqft 3.12 AC lot
    View details
    925 Courtenay Pkwy
    Neighborhood centers

    925 Courtenay Pkwy, Merritt Island, FL 32953

    Value Estimation by Request
    17,258 sqft
    View details
    141 Courtenay Pkwy
    Medical Office Space

    141 Courtenay Pkwy, Merritt Island, FL 32952

    Value Estimation by Request
    6,670 sqft 0.72 AC lot
    View details

    Merritt Island, FL Office Units Market Trends and Statistics

    Explore 10 office units for sale in Merritt Island, FL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 66,787 square feet of properties for sale, with an estimated market value of $10,598,700.

    Sale prices for office units in Merritt Island, FL start at $140,000, averaging $1,766,450, and reaching up to $3,449,900 — 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

    Office Units 38
    Medical Office Space 20
    Office buildings 10
    Coworking space 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Merritt Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32952 $1.2M
    32953 $1.8M

    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

    Office

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