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    Property profile & analytics

    Merritt Island, FL 32953

    • Commercial land
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 08, 2023
    Location Intelligence
    Property ID
    US18-0717651
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details

    Lot size
    1.73 lot acres
    Property type
    Commercial land
    APN
    23-36-22-00-00823.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.7092
    Latitude
    28.4674
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,867
    $150,850
    $0.00
    $150,850
    -
    $150,850
    $0.00
    $150,850

    Comparable in this City

    • Value Estimation by Request
      0.18 Acres

      Merritt Island, FL 32953

      VACANT COMMERCIAL LAND • 0.18 Acres
      Merritt Island, FL 32953
      View Details
    • Value Estimation by Request
      3.71 Acres

      Merritt Island, FL 32953

      VACANT COMMERCIAL LAND • 3.71 Acres
      Merritt Island, FL 32953
      View Details
    • Value Estimation by Request
      1.19 Acres

      Merritt Island, FL 32953

      VACANT COMMERCIAL LAND • 1.19 Acres
      Merritt Island, FL 32953
      View Details
    • Value Estimation by Request
      0.64 Acres

      4225 Courtenay Pkwy

      VACANT COMMERCIAL LAND • 0.64 Acres
      4225 Courtenay Pkwy, Merritt Island, FL 32953-8116
      View Details
    • Value Estimation by Request
      1.87 Acres

      4900 Courtenay Pkwy

      VACANT COMMERCIAL LAND • 1.87 Acres
      4900 Courtenay Pkwy, Merritt Island, FL 32953
      View Details
    • Value Estimation by Request
      0.67 Acres

      6152 Courtenay Pkwy

      VACANT COMMERCIAL LAND • 0.67 Acres
      6152 Courtenay Pkwy, Merritt Island, FL 32953-7005
      View Details

    Similar Nearby for Sale

    • $330,000
      2.05 Acres

      Vacant Land on Courtney Parkway

      Two-acre commercial land with high visibility and development potential.
      N Courtenay Pkwy, Merritt Island, FL 32953
      View Details
    • $250,000
      0.59 Acres

      Merritt Island Land For Sale

      0.6 acres of land zoned for retail, warehousing, wholesale.
      0002 N Courtenay Pkwy, Merritt Island, FL 32953
      View Details
    • $850,000
      2.96 Acres

      Merritt Island Commercial Land Available

      2.96 acres of BU-1 zoned land for sale.
      0001 N Courtenay Pkw, Merritt Island, FL 32953
      View Details
    • $359,900

      Merritt Island Commercial Land

      6+ Acre Banana Riverfront Lot
      3190 Courtenay Pkwy, Merritt Island, FL 32953
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    • $1,900,000

      Merritt Island Industrial Land

      28 Acres, PIP Zoning, NASA Proximity
      00000 Courtenay Pkwy, Merritt Island, FL 32953
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    • $1,775,000

      Merritt Island Riverfront Land

      3.1 Acres, Indian River Frontage
      1405 Tropical Trl, Merritt Island, FL 32953
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo

      3.83 Acre Industrial Land Parcel

      3.83 acre industrial land for lease, Merritt Island, FL.
      3265 N Courtenay Pkwy, Merritt Island, FL 32953
      View Details
    • $17 SF/Yr
      1,662 SF

      Courtenay Parkway Retail Space

      Medical/Office Space, High Visibility
      250 Courtenay Pkwy, Merritt Island, FL 32953
      View Details
    • Contact for pricing
      9,002,500 SF

      Courtenay Parkway Commercial Property

      Prime Retail/Office Space, High Visibility
      4805 Courtenay Pkwy, Merritt Island, FL 32953
      View Details
    • $19 SF/Yr
      2,026 SF

      Merritt Island Retail Space

      Prime Merritt Island retail space, 2,026 sq ft.
      375 Merritt Ave, Merritt Island, FL 32953
      View Details
    • $15 SF/Yr
      36,239 SF

      Merritt Island Office Space Available

      Versatile Office Building, 19,000 SF Vacant
      255 Sykes Creek Pkwy, Merritt Island, FL 32953
      View Details
    • $16 SF/Yr
      830 SF

      Merritt Island Retail Space Available

      Neighborhood retail plaza with direct storefront parking and signage.
      2137 N Courtenay Pkwy, Merritt Island, FL 32953
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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