2230 Mimosa Dr Merritt Island, FL 32953
- Warehouses
- 2,457 SF
- 0.32 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2230 Mimosa Dr
- Year built
- 2005
- Lot size
- 0.32 lot acres
- Property size
- 2,457 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
Description
This exceptional investment opportunity presents ten free-standing self-storage units situated on a 0.32-acre lot in Merritt Island, Florida, at 2230 Mimosa Dr, 32953. Built in 2005, this property boasts a total of 2,457 square feet of net rentable space, with each unit priced at $35,000, totaling an asking price of $350,000. The property is zoned BU-2 and benefits from a highly desirable location near major commercial thoroughfares connecting SR 520 to the Beachline Expressway. Its proximity to Cape Canaveral, Kennedy Space Center, and the NASA Shuttle Landing Facility makes it ideally positioned to capitalize on the booming space industry and the resurgence of the cruise industry. The property's strategic placement within the heart of the Space Coast's commercial sector ensures strong potential for rental income and future appreciation. While an adjacent, separately-listed, two-story office building is available for purchase, this listing focuses solely on the ten self-storage units. Potential buyers are responsible for verifying all aspects of the property, including permits, zoning, financials, and market conditions, prior to closing. This is a rare opportunity to acquire a well-located, established self-storage facility in a rapidly growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merritt Island
- County
- Brevard
- State
- Florida
- Longitude
- -80.7056
- Latitude
- 28.3965