Financial
Distress signals
Property profile

691 Courtenay Pkwy Ste B Merritt Island, FL 32953

OFF-MARKET
Retail space
Property ID
US18-6115928
2,052 SF 0.52 ac lot Built 1966
Last sale Feb 2019 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A commercial corner lot in Merritt Island, Florida encompassing 0.52 acres, featuring two buildings connected by a heated pool. The site includes one building that is vacant and a second building that has historically been used for water-sports-related operations and remains configured for commercial use; the layout and site improvements could also support a physical-therapy-related use. The property presents multiple potential future development and use scenarios given its multi-building configuration and dedicated outdoor amenities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$521k
Assessed land$203k
Assessed improvement$319k
Effective rate1.22%

Value estimate

· Sep 2026
$355k
$320k – $391k
AI approach$230k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$161/SF
County average, outlier-cleaned · 220 recorded sales of this use type
Observed band · Q1–Q3$89 – $249

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BU-1
The BU-1 general retail commercial zoning classification encompasses land devoted to general retail shopping, offices and personal servic...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.2
Pharmacy12.0
Electrical Service10.5

Location

691 Courtenay Pkwy Ste B Merritt Island, FL 32953-4841
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42 Rose, Merritt Island, FL 32953-4730 $300,000 Apr 2025 1,710 SF
243 Plumosa, Merritt Island, FL 32953-3468 $190,000 Jun 2023 2,170 SF
291 Courtenay, Merritt Island, FL 32953-3407 $1,150,000 Feb 2023 2,453 SF
264 Grv, Merritt Island, FL 32953-3444 $438,000 Jan 2023 2,560 SF
120 Plumosa, Merritt Island, FL 32953-3405 $285,000 Dec 2018 1,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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