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Merritt Island, FL Retail Properties & Spaces for Sale

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Strip Mall with Eight Units
Updated: May 19, 2025
Strip Mall with Eight Units

1175 N Courtenay Parkway, Merritt Island, FL 32953

$1,249,000
8,053 sqft 0.68 AC lot
8,053 SF strip mall on 0.68 acres
Eight units with updated interiors
Block construction built in 1986
Guest parking and ample parking
On N Courtenay Pkwy across from Merritt Island High School
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Neighborhood Retail Strip Mall
Updated: Jan 19
Neighborhood Retail Strip Mall

1175 N Courtenay Parkway, Merritt Island, FL 32953

$1,249,000
8,053 sqft
Year built: 1986
Parking includes attached parking, guest parking, and a garage
Located in Brevard County
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Freestanding Corner Storefront Property
Freestanding Corner Storefront Property

2110 N Courtenay Parkway, Merritt Island, FL 32953

Contact for pricing
2,906 sqft

Concrete-block commercial building with parking, rear fencing, storage, and a separate-entry bonus room.

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Triple-Net Shopping Center
Triple-Net Shopping Center

1450 N Courtenay Pkwy, Merritt Island, FL 32953

Contact for pricing
108,975 sqft

Triple-net shopping center 98% leased to national tenants with recent capital improvements and visibility to 30,000+ vehicles daily.

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Freestanding Retail Building on Corner
Freestanding Retail Building on Corner

2625 N Courtenay Pkwy, Merritt Island, FL 32953

Contact for pricing
4,539 sqft

Corner lot with freestanding retail building, great access, high traffic.

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Neighborhood Convenience Store Building
Neighborhood Convenience Store Building

1570 N Tropical Trail, Merritt Island, FL 32953

$360,000
2,880 sqft 1.00 AC lot

Operational convenience store with hot-food kitchen setup and on-site office tenant generating $750 monthly rent.

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Remodeled Retail Suite with Signage
Remodeled Retail Suite with Signage

2460 N Courtenay Parkway, #101, Merritt Island, FL 32953

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Updated finishes, a private bathroom, digital thermostat, and roadside marquee signage support everyday retail operations.

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Freestanding Storefront Retail Building
Freestanding Storefront Retail Building

Merritt Island, FL 32953

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Corner-site retail property with access from SR-528 and visibility along a primary Merritt Island thoroughfare.

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Equipped Salon Retail Space
Equipped Salon Retail Space

3702 N Courtenay Parkway, Merritt Island, FL 32953

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Existing salon improvements include treatment stations, a private office, reception area, kitchen, and bathroom.

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Freestanding Retail Building on Corner Lot
Freestanding Retail Building on Corner Lot

2625 N Courtenay Pkwy, Merritt Island, FL

Contact for pricing
4,539 sqft 1.05 AC lot

Corner lot retail building with great access and high traffic.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Storefront with Open Showroom
Retail Storefront with Open Showroom

808 Dixon Blvd, Cocoa, FL 32922

Contact for pricing
7,500 sqft

Open retail layout includes restrooms, support areas, and on-site parking near the US 1 commercial corridor.

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Retail Showroom with Warehouse Space
Retail Showroom with Warehouse Space

Address Not Disclosed, Cocoa, FL

$895,000
5,129 sqft

Retail showroom with warehouse, located on US-1 in Cocoa.

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Retail Plaza on U.S. Highway
Retail Plaza on U.S. Highway

966 - 970 N Cocoa Boulevard, Cocoa, FL 32922

Contact for pricing
8,208 sqft

Retail plaza with frontage on U.S. Highway 1.

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24-Unit Retail Business Plaza
24-Unit Retail Business Plaza

950 N Cocoa Boulevard, Cocoa, FL 32922

Contact for pricing

24-unit business plaza for sale, located on U.S. 1 in Cocoa with ample parking and a mix of tenants, sold as-is.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Merritt Island Land Opportunity
Merritt Island Land Opportunity

000000, Merritt Island, FL 32953

$1,475,000
5.91 AC lot

5.91-acre parcel near Port Canaveral with development potential.

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Merritt Island Land Near Port
Merritt Island Land Near Port

N Courtenay Parkway, Merritt Island, FL 32953

$1,475,000

5.91-acre parcel near Port Canaveral, suitable for various uses.

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Vacant Land on Courtney Parkway
Vacant Land on Courtney Parkway

N Courtenay Parkway, Merritt Island, FL 32953

$375,000
2.05 AC lot

Two-acre commercial land with development potential on a busy corridor.

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Commercial Land with Office/Retail Zoning
Commercial Land with Office/Retail Zoning

University Lane, Cocoa, FL 32922

$265,000
0.72 AC lot

Vacant commercial land with CN Neighborhood Commercial zoning and water available.

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Off-Market Properties in Merritt Island, FL

Consider similar Off-Market properties in Merritt Island, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1005 Courtenay Pkwy
RETAIL STORES (PERSONAL SERVICES)

1005 Courtenay Pkwy, Merritt Island, FL 32953-4531

$1,575,000
Estimated value
11,060 sqft 1.62 AC lot
View details
1587 Courtenay Pkwy
RETAIL STORES (PERSONAL SERVICES)

1587 Courtenay Pkwy, Merritt Island, FL 32953-4454

$3,070,000
Estimated value
16,258 sqft 1.52 AC lot
View details
42 Rose St
RETAIL STORES (PERSONAL SERVICES)

42 Rose St, Merritt Island, FL 32953-4730

$315,000
Estimated value
1,710 sqft 0.11 AC lot
View details
130 Pioneer Rd
PARKING LOT

130 Pioneer Rd, Merritt Island, FL 32953

$1,075,000
Estimated value
1,380 sqft 4.46 AC lot
View details
6100 Courtenay Pkwy
RESTAURANT

6100 Courtenay Pkwy, Merritt Island, FL 32953-7005

$410,000
Estimated value
2,400 sqft 1.29 AC lot
View details
1455 Courtenay Pkwy
DRIVE-THRU RESTAURANT, FAST FOOD

1455 Courtenay Pkwy, Merritt Island, FL 32953-4456

$1,660,000
Estimated value
3,546 sqft 0.93 AC lot
View details
1580 Merritt Is Cswy
RESTAURANT

1580 Merritt Is Cswy, Merritt Island, FL 32952-2612

$2,160,000
Estimated value
6,455 sqft 1.01 AC lot
View details
3530 Courtenay Pkwy Ste, Unit 101
AUTO REPAIR, GARAGE

3530 Courtenay Pkwy Ste, Merritt Island, FL 32953-8179

Unit 101
$410,000
Estimated value
4,186 sqft 0.58 AC lot
View details
Merritt Island, FL 32952
SHOPPING CENTER COMMON AREA

Merritt Island, FL 32952

$3,145,000
Estimated value
5,100 sqft 2.12 AC lot
View details
110 Mcleod St
RETAIL STORES (PERSONAL SERVICES)

110 Mcleod St, Merritt Island, FL 32953-3466

$800,000
Estimated value
1,444 sqft 0.31 AC lot
View details
590 Courtenay Pkwy
RETAIL STORES (PERSONAL SERVICES)

590 Courtenay Pkwy, Merritt Island, FL 32953-4772

$1,800,000
Estimated value
6,889 sqft 0.62 AC lot
View details
685 Azalea Ave
SERVICE SHOP (TV, ELECTRIC, PLUMBING)

685 Azalea Ave, Merritt Island, FL 32952-3710

$150,000
Estimated value
2,210 sqft 0.21 AC lot
View details
221 Crockett Blvd
SHOPPING CENTER, STRIP CENTER

221 Crockett Blvd, Merritt Island, FL 32953-4384

$1,875,000
Estimated value
12,577 sqft 15.26 AC lot
View details
555 Fortenberry Rd
SHOPPING CENTER, STRIP CENTER

555 Fortenberry Rd, Merritt Island, FL 32952-3519

$8,335,000
Estimated value
3,838 sqft 9.25 AC lot
View details

Merritt Island, FL Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Merritt Island, FL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 139,945 square feet of properties for sale, with an estimated market value of $2,858,000.

Sale prices for stores in Merritt Island, FL start at $360,000, averaging $952,666, and reaching up to $1,249,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 36
Storefront properties 23
Grocery and convenience stores 3
Auto shops 2
Automotive properties 2

Demographics Overview

Population 46K
Population Growth (5Y) +2.9%
Median Household Income $90,907
College Educated 37.7%

High-Yield Neighborhoods for Investment

Identify Merritt Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32953 $708.8K
32952 $2.1M

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $25.97 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brevard County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Brevard County

Office

Residential Income

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