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    Merritt Island, FL Shopping Centers 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
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

    Shopping Center Retail Suite
    Shopping Center Retail Suite

    21-1881 Knox Mcrae Dr, Titusville, FL 32780

    $175,000
    1,728 sqft

    Unit 21 within a shopping center offered for sale as-is, with on-site parking for customer and staff convenience.

    View details
    Spacious Shopping Center Investment Opportunity
    Spacious Shopping Center Investment Opportunity

    1881-1931 KNOX MCRAE Dr, Titusville, FL 32780

    $6,500,000
    5.93 AC lot

    Expansive shopping center suitable for retail, service, dining, or entertainment.

    View details
    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.

    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.

    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.

    View details
    Titusville Commercial Land Opportunity
    Titusville Commercial Land Opportunity

    Cheney Highway, Titusville, FL 32780

    $2,750,000
    6.75 AC lot

    6.75 acre commercial land parcel near I-95.

    View details
    Commercial Land with 474-Foot Frontage
    Commercial Land with 474-Foot Frontage

    DEERING Parkway, Mims, FL 32754

    $365,000
    3.36 AC lot

    3.36-acre commercial lot on County Road 5A with approximately 474 feet of frontage, zoned TU-2.

    View details
    Prime Development Opportunity on Boggy Creek
    Prime Development Opportunity on Boggy Creek

    4275 BOGGY CREEK ROAD, Kissimmee, FL 34744

    $5,000,000
    5.00 AC lot

    5-acre parcel with development potential in a high-growth area.

    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.

    Merritt Island, FL 32952
    SHOPPING CENTER COMMON AREA

    Merritt Island, FL 32952

    $3,030,000
    Estimated value
    5,100 sqft 2.12 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
    60 Merritt Is Cswy
    SHOPPING CENTER, STRIP CENTER

    60 Merritt Is Cswy, Merritt Island, FL 32952-3633

    $900,000
    Estimated value
    8,208 sqft 0.40 AC lot
    View details
    133 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    133 Courtenay Pkwy, Merritt Island, FL 32952-4843

    $1,145,000
    Estimated value
    7,130 sqft 0.72 AC lot
    View details
    450 Myrtice Ave
    SHOPPING CENTER, STRIP CENTER

    450 Myrtice Ave, Merritt Island, FL 32953-4727

    $980,000
    Estimated value
    7,750 sqft 0.88 AC lot
    View details
    1445 Courtenay Pkwy Ste, Unit 102
    SHOPPING CENTER, STRIP CENTER

    1445 Courtenay Pkwy Ste, Merritt Island, FL 32953-4426

    Unit 102
    $930,000
    Estimated value
    6,519 sqft 0.79 AC lot
    View details
    259 Tropical Trl
    SHOPPING CENTER COMMON AREA

    259 Tropical Trl, Merritt Island, FL 32953-4778

    $735,000
    Estimated value
    4,081 sqft 0.96 AC lot
    View details
    715 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    715 Courtenay Pkwy, Merritt Island, FL 32953-4651

    $6,135,000
    Estimated value
    74,543 sqft 6.40 AC lot
    View details
    950 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    950 Courtenay Pkwy, Merritt Island, FL 32953-4513

    $5,385,000
    Estimated value
    41,942 sqft 4.63 AC lot
    View details
    Merritt Island, FL 32952
    SHOPPING CENTER COMMON AREA

    Merritt Island, FL 32952

    Value Estimation by Request
    0.34 AC lot
    View details
    158 Merritt Is Cswy
    SHOPPING CENTER, STRIP CENTER

    158 Merritt Is Cswy, Merritt Island, FL 32952-3676

    Value Estimation by Request
    2,430 sqft 0.19 AC lot
    View details
    119 Mustang Way, Unit 101
    SHOPPING CENTER, STRIP CENTER

    119 Mustang Way, Merritt Island, FL 32953-3114

    Unit 101
    $690,000
    Estimated value
    8,400 sqft 0.59 AC lot
    View details
    5645 Courtenay Pkwy
    SHOPPING CENTER COMMON AREA

    5645 Courtenay Pkwy, Merritt Island, FL 32953-7226

    Value Estimation by Request
    728 sqft 0.69 AC lot
    View details
    127 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    127 Courtenay Pkwy, Merritt Island, FL 32953-3406

    Value Estimation by Request
    5,151 sqft 0.45 AC lot
    View details
    2137 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    2137 Courtenay Pkwy, Merritt Island, FL 32953-4255

    $675,000
    Estimated value
    16,648 sqft 1.37 AC lot
    View details
    1070 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    1070 Courtenay Pkwy, Merritt Island, FL 32953-4533

    $845,000
    Estimated value
    3,000 sqft 0.39 AC lot
    View details
    854 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    854 Courtenay Pkwy, Merritt Island, FL 32953-4659

    $965,000
    Estimated value
    8,960 sqft 0.59 AC lot
    View details
    455 Myrtice Ave
    SHOPPING CENTER COMMON AREA

    455 Myrtice Ave, Merritt Island, FL 32953

    Value Estimation by Request
    0.95 AC lot
    View details
    125 Merritt Is Cswy Ste, Unit 109
    SHOPPING CENTER, STRIP CENTER

    125 Merritt Is Cswy Ste, Merritt Island, FL 32952-4504

    Unit 109
    $1,280,000
    Estimated value
    8,520 sqft 7.60 AC lot
    View details
    140 Tropical Trla
    SHOPPING CENTER COMMON AREA

    140 Tropical Trla, Merritt Island, FL 32953-4737

    Value Estimation by Request
    1,104 sqft 1.20 AC lot
    View details
    235 Merritt Is Cswy
    SHOPPING CENTER, STRIP CENTER

    235 Merritt Is Cswy, Merritt Island, FL 32952-3645

    $1,120,000
    Estimated value
    11,140 sqft 0.60 AC lot
    View details
    351 Merritt Is Cswy
    SHOPPING CENTER, STRIP CENTER

    351 Merritt Is Cswy, Merritt Island, FL 32952-3638

    $1,160,000
    Estimated value
    9,628 sqft 0.34 AC lot
    View details

    Merritt Island, FL Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Merritt Island, FL on our real estate platform. These investment opportunities span a total of 108,975 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 17
    Shopping centers 16
    Grocery and convenience stores 2
    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
    32953 $1.2M
    32952 $3.7M

    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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