255 Fortenberry Rd Merritt Island, FL 32952
- Office Properties & Spaces
- 5,550 SF
- 0.13 lot acres
Current Use by Public Records
- Alternacare of Brevard MD Medical Marijuana / Medical Clinic / Alternative Medicine Practitioner
- ROCKLEDGE HMA MEDICAL GROUP LLC / Medical Group
- Atlantic Coast Medical / Doctor
- Dr. Mioara C. Radu, MD / Internist
- Dr. Janie F. Geraci, MD / Obstetrician-Gynecologist
Property Details for 255 Fortenberry Rd
- Year built
- 1974
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.13 lot acres
- Property size
- 5,550 SF
- Property type
- Office Properties & Spaces
- APN
- 24-36-35-02-00000.0-0051.01
- APU
- 9223372036854775807
Description
This exceptional two-story office building, located at 255 Fortenberry Road in Merritt Island, Florida, presents a compelling investment opportunity. The property, built in 1974, sits on a 5,662.8 square foot lot and offers a total of 2,250 square feet of office space, currently divided into two separate suites. This ground-floor space is conveniently accessible, featuring no steps for easy entry. One suite is currently vacant, providing immediate potential for new income generation or owner-occupancy. The other suite is occupied by a month-to-month tenant, offering flexibility and potential for increased rental income upon lease renewal or vacancy. The building's prime location in Merritt Island, zip code 32952, makes it ideally suited for a variety of professional uses, including medical offices, CPA firms, or insurance agencies. The asking price for this property is $360,000. This presents a rare chance to acquire a well-situated, versatile office building in a thriving Florida community. The property's existing tenant and vacant suite offer immediate income potential and flexibility for future development. This is an excellent opportunity for investors or business owners seeking a strategic location in Brevard County.
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
- -80.6949
- Latitude
- 28.3538
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA