Back to Search
Property profile & analytics
OFF-MARKET
Parking lots & garages
3050 Courtenay Pkwy Merritt Island, FL 32953-8306
Individually Owned
7-yr Hold
Free & Clear
Property ID
US18-7160244
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
15.87 ac (691,297 SF)
Zoning code
BU-2
APN
24-36-11-00-00501.0-0000.00
UPID
US18-7160244
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Port Canaveral Parking | Cruise Parking + Free Shuttle Parking Lot & Garage
-
Port Canaveral Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Brevard Cnty Fl · 7 yrs held
Brevard Cnty Fl
since 2019
6 recorded transactions
Zoning & alternative use
BU-2 · Merritt Island, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Merritt Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Merritt Island submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,601
Tax year 2023
Assessed value
$2,236,330
Assessed 2023
Previous assessed
$2,328,100
-3.9% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,451,410
Assessed improvement
$784,920
Land market value
$1,451,410
Improvement market value
$784,920
Total market value
$2,236,330
Applied tax rate
2,200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
YES
Cooling
YES
Lot
15.87 ac (691,297 SF)
Zoning code
BU-2
APN
24-36-11-00-00501.0-0000.00
UPID
US18-7160244
Jurisdiction
BREVARD
Zoning & alternative use
BU-2 · Merritt Island, FL
Zoning BU-2 · permitted uses
BU-2 · Merritt Island, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Merritt Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
YES
Cooling
Yes
Lot
15.87 ac
Current owner
From public records · entity-resolved
Brevard Cnty Fl
Individual
Free & Clear · 7 yrs held
Mailing address
402 HIGH PT DR STE #101, COCOA, FL 32926-6602
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2019
$100
Brevard Cnty Fl
Lake Geneva Group LLC
Warranty Deed
—
Feb 19, 2010
$2,700,000
Legacy Bk Of Fl
Centurion Cap Merritt Island L
Grant Deed
—
Jan 26, 2010
—
Cap Merritt Island L Centurion
Merritt Island Venture Coc
Quit Claim Deed
related
—
Sep 19, 2006
—
Merritt Island Venture LLC
—
Trustees Deed
related
$2,700,000 · Legacy Bank Florida
May 18, 2006
—
Merritt Island Venture LLC
Meyer,rosemarie
Quit Claim Deed
related
—
May 18, 2006
$3,600,000
Merritt Island Venture LLC
Sea Gate Park INC
Warranty Deed
$3,100,000 · Sea Gate Park INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3050 Courtenay Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
