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Financial
Distress signals
Property profile

2625 N Courtenay Pkwy Merritt Island, FL 32953

FOR SALE
Bars & Pubs
Property ID
US18-2387902
5,473 SF 0.95 ac lot Built 1968
Last sale Sep 2018 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4,539-square-foot freestanding retail storefront presents a compelling investment opportunity in Merritt Island, Florida. Situated on a prominent 0.95-acre corner lot at the Northwest corner of North Courtenay Parkway and Heidi Lane, this property benefits from excellent visibility and accessibility, directly off State Road 528. Built in 1968, the building is zoned BU-1, offering versatility for a range of retail uses. The property boasts a high traffic count of 34,000 AADT…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$384k
Assessed land$371k
Assessed improvement$13k
Effective rate1.92%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
BU1
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm11.7
Pharmacy9.7
Convenience Store9.6

Location

2625 N Courtenay Pkwy Merritt Island, FL 32953
County assessor Recorded deeds · 9 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
590 Courtenay, Merritt Island, FL 32953-4772 $1,800,000 Nov 2024 6,889 SF
450 Myrtice, Merritt Island, FL 32953-4727 $1,100,000 Oct 2023 7,750 SF
225 Sykes Crk, Merritt Island, FL 32953-3428 $1,400,000 Dec 2022 3,823 SF
259 Tropical, Merritt Island, FL 32953-4778 $730,000 Aug 2022 4,081 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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