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    Merritt Island, FL
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    Merritt Island, FL Retail Space for Sale

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    Triple-Net Shopping Center
    Updated: Jul 21
    Triple-Net Shopping Center

    1450 N Courtenay Pkwy, Merritt Island, FL 32953

    Contact for pricing
    108,975 sqft
    98% leased triple‑net shopping center to national tenants
    Recent $8M in capital improvements
    Stable triple‑net leases designed for steady cash flow with minimal landlord responsibilities
    Value‑add potential with several tenants currently below market rent
    Two undeveloped outparcels included
    View details
    Freestanding Retail Building on Corner Lot
    Updated: Feb 13, 2023
    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 with freestanding retail building
    Great access off SR‑528
    Located on the main through‑fare of Merritt Island
    High Traffic Count: 34,000 AADT
    Corner property directly off SR‑528
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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.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 3 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 1 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 or Office Commercial Space
    Retail or Office Commercial Space

    6799 N Atlantic Avenue, Cape Canaveral, FL 32920

    Contact for pricing

    Spacious, light-filled retail or office space with expansive windows, ample parking, and strong visibility for customer-facing operations.

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    Retail Showroom with Back Yard
    Retail Showroom with Back Yard

    1803 N Cocoa Boulevard, Cocoa, FL 32922

    Contact for pricing

    Retail showroom includes a reception area, offices, kitchen, full bath, and loading dock with a large back yard.

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    Turnkey CBD Retail Shop
    Turnkey CBD Retail Shop

    7004 N Atlantic Avenue, Cape Canaveral, FL 32920

    Contact for pricing

    Turnkey CBD and essential oil retail business with extensive included fixtures, systems, and inventory for immediate operations.

    View details
    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.

    View details

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    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

    Value Estimation by Request
    1,710 sqft 0.11 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
    975 Courtenay Pkwy
    RETAIL STORES (PERSONAL SERVICES)

    975 Courtenay Pkwy, Merritt Island, FL 32953-4530

    $725,000
    Estimated value
    7,668 sqft 0.75 AC lot
    View details
    218 Parnell St
    RETAIL STORES (PERSONAL SERVICES)

    218 Parnell St, Merritt Island, FL 32953-4714

    Value Estimation by Request
    960 sqft 0.14 AC lot
    View details
    172 Merritt Is Cswy
    RETAIL STORES (PERSONAL SERVICES)

    172 Merritt Is Cswy, Merritt Island, FL 32952-3635

    $1,185,000
    Estimated value
    6,866 sqft 0.59 AC lot
    View details
    91 Merritt Is Cswy
    RETAIL STORES (PERSONAL SERVICES)

    91 Merritt Is Cswy, Merritt Island, FL 32952-3632

    $835,000
    Estimated value
    4,423 sqft 0.19 AC lot
    View details
    4840 Courtenay Pkwy
    RETAIL STORES (PERSONAL SERVICES)

    4840 Courtenay Pkwy, Merritt Island, FL 32953-7926

    $555,000
    Estimated value
    3,258 sqft 1.36 AC lot
    View details
    500 Merritt Is Cswy
    RETAIL STORES (PERSONAL SERVICES)

    500 Merritt Is Cswy, Merritt Island, FL 32952-4861

    Value Estimation by Request
    2,800 sqft 0.31 AC lot
    View details
    1090 Courtenay Pkwy
    RETAIL STORES (PERSONAL SERVICES)

    1090 Courtenay Pkwy, Merritt Island, FL 32953-4533

    $1,050,000
    Estimated value
    6,590 sqft 0.59 AC lot
    View details
    243 Plumosa St
    RETAIL STORES (PERSONAL SERVICES)

    243 Plumosa St, Merritt Island, FL 32953-3468

    Value Estimation by Request
    2,170 sqft 0.23 AC lot
    View details
    210 Borman Dr
    RETAIL STORES (PERSONAL SERVICES)

    210 Borman Dr, Merritt Island, FL 32953-3433

    $775,000
    Estimated value
    5,200 sqft 1.08 AC lot
    View details
    5860 Courtenay Pkwy
    RETAIL STORES (PERSONAL SERVICES)

    5860 Courtenay Pkwy, Merritt Island, FL 32953-7229

    Value Estimation by Request
    1,024 sqft 0.35 AC lot
    View details
    264 Grv St
    RETAIL STORES (PERSONAL SERVICES)

    264 Grv St, Merritt Island, FL 32953-3444

    Value Estimation by Request
    2,560 sqft 0.28 AC lot
    View details
    1755 Tropical Trl
    RETAIL STORES (PERSONAL SERVICES)

    1755 Tropical Trl, Merritt Island, FL 32952-5219

    Value Estimation by Request
    2,840 sqft 0.64 AC lot
    View details
    217 Grv St
    RETAIL STORES (PERSONAL SERVICES)

    217 Grv St, Merritt Island, FL 32953-3443

    Value Estimation by Request
    1,354 sqft 0.29 AC lot
    View details
    35 Courtenay Pkwy
    RETAIL STORES (PERSONAL SERVICES)

    35 Courtenay Pkwy, Merritt Island, FL 32953-3476

    $720,000
    Estimated value
    4,852 sqft 0.25 AC lot
    View details
    1750 Sea Ray Dr
    RETAIL STORES (PERSONAL SERVICES)

    1750 Sea Ray Dr, Merritt Island, FL 32952-5463

    Value Estimation by Request
    3,400 sqft 0.26 AC lot
    View details
    120 Courtenay Pkwy
    RETAIL STORES (PERSONAL SERVICES)

    120 Courtenay Pkwy, Merritt Island, FL 32952-4508

    $4,805,000
    Estimated value
    31,369 sqft 2.38 AC lot
    View details

    Merritt Island, FL Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Merritt Island, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 118,053 square feet of properties for sale.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 32
    Storefront properties 17
    Grocery and convenience stores 3
    Showrooms 2
    Auto shops 1

    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
    32952 $2.6M

    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

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