Merritt Island, FL
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    Merritt Island, FL Shopping Centers for Sale

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    Melbourne, FL Rockledge, FL Cocoa Beach, FL
    Renovated Retail-Office Center
    $1,249,000
    8,053 SF
    Renovated Retail-Office Center

    1175 N Courtenay Parkway, Merritt Island, FL 32953

    Renovated multi-unit retail and office center with updated interiors and ample parking on a high-traffic corridor.
    • 8,053 SF retail/office center in Merritt Island
    • 8 units with updated interiors
    • Located on N Courtenay Pkwy on a high‑traffic road; directly across from Merritt Island High School
    • Adjacent to the public library
    • Block construction; built in 1986
    Updated: May 19, 2025
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    Retail Center Inline Suites
    Contact for pricing
    Retail Center Inline Suites

    715 N Courtenay Pkwy, Merritt Island, FL 32953

    Join established value and beauty retailers in a shopping center setting suited for a range of storefront businesses.
    • Shopping center retail space in a center that includes Dollar Tree and CosmoProf
    • Year built: 1966
    Updated: Jun 2
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    Merritt Island Retail Opportunity
    $3,749,900
    16,500 SF
    Merritt Island Retail Opportunity

    Retail property on SR520 with high traffic exposure.

    234 E Merritt Island Causeway, Merritt Island, FL 32952

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    Based on your search, we've compiled 80 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 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.

    Spacious Retail Opportunity in Titusville
    $550,000
    5,486 SF
    Spacious Retail Opportunity in Titusville

    Expansive shopping center unit with high visibility and ample parking.

    1889 KNOX MCRAE DRIVE, Titusville, FL 32780

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    Spacious Retail Opportunity in Titusville
    $175,000
    1,728 SF
    Spacious Retail Opportunity in Titusville

    Expansive shopping center unit with high visibility and access.

    1881 KNOX MCRAE DRIVE, Titusville, FL 32780

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    Historic Cocoa Retail Investment
    $2,900,000
    16,976 SF
    Historic Cocoa Retail Investment

    85% occupied retail property in Historic Downtown Cocoa.

    105-113 Brevard Ave, Cocoa, FL 32922

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    Retail Plaza on U.S. Highway
    $1,600,000
    8,208 SF
    Retail Plaza on U.S. Highway

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

    966 - 970 N Cocoa Boulevard, Cocoa, FL 32922

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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.

    Titusville Commercial Land Opportunity
    $2,750,000
    6.75 Acres
    Titusville Commercial Land Opportunity

    6.75 acre commercial land parcel near I-95.

    Cheney Highway, Titusville, FL 32780

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    Prime Development Opportunity on Boggy Creek
    $5,000,000
    5.00 Acres
    Prime Development Opportunity on Boggy Creek

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

    4275 BOGGY CREEK ROAD, Kissimmee, FL 34744

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    Prime Commercial Parcel on US 1
    $220,000
    1.80 Acres
    Prime Commercial Parcel on US 1

    1.8 acre commercial parcel on US 1 in Edgewater, FL.

    Lot 5 S RIDGEWOOD AVENUE, Edgewater, FL 32141

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    Prime Land on Orange Blossom
    $950,000
    1.44 Acres
    Prime Land on Orange Blossom

    Corner lot on a busy highway, prime for development.

    1670 ORANGE LANE, Kissimmee, FL 34746

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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.

    Merritt Island, FL 32952
    SHOPPING CENTER COMMON AREA
    5,100 SF Lot: 2.12 Acres
    Estimated value
    $3,030,000

    Merritt Island, FL 32952

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    221 Crockett Blvd
    SHOPPING CENTER, STRIP CENTER
    12,577 SF Lot: 15.26 Acres
    Estimated value
    $1,875,000

    221 Crockett Blvd, Merritt Island, FL 32953-4384

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    555 Fortenberry Rd
    SHOPPING CENTER, STRIP CENTER
    3,838 SF Lot: 9.25 Acres
    Estimated value
    $8,335,000

    555 Fortenberry Rd, Merritt Island, FL 32952-3519

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    60 Merritt Is Cswy
    SHOPPING CENTER, STRIP CENTER
    8,208 SF Lot: 0.40 Acres
    Estimated value
    $900,000

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

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    133 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER
    7,130 SF Lot: 0.72 Acres
    Estimated value
    $1,145,000

    133 Courtenay Pkwy, Merritt Island, FL 32952-4843

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    450 Myrtice Ave
    SHOPPING CENTER, STRIP CENTER
    7,750 SF Lot: 0.88 Acres
    Estimated value
    $980,000

    450 Myrtice Ave, Merritt Island, FL 32953-4727

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    1445 Courtenay Pkwy Ste, Unit 102
    SHOPPING CENTER, STRIP CENTER
    6,519 SF Lot: 0.79 Acres
    Estimated value
    $930,000
    Unit 102

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

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    259 Tropical Trl
    SHOPPING CENTER COMMON AREA
    4,081 SF Lot: 0.96 Acres
    Estimated value
    $735,000

    259 Tropical Trl, Merritt Island, FL 32953-4778

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    715 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER
    74,543 SF Lot: 6.40 Acres
    Estimated value
    $6,135,000

    715 Courtenay Pkwy, Merritt Island, FL 32953-4651

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    950 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER
    41,942 SF Lot: 4.63 Acres
    Estimated value
    $5,385,000

    950 Courtenay Pkwy, Merritt Island, FL 32953-4513

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    Merritt Island, FL 32952
    SHOPPING CENTER COMMON AREA
    Lot: 0.34 Acres
    Value Estimation by Request

    Merritt Island, FL 32952

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    158 Merritt Is Cswy
    SHOPPING CENTER, STRIP CENTER
    2,430 SF Lot: 0.19 Acres
    Value Estimation by Request

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

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    119 Mustang Way, Unit 101
    SHOPPING CENTER, STRIP CENTER
    8,400 SF Lot: 0.59 Acres
    Estimated value
    $690,000
    Unit 101

    119 Mustang Way, Merritt Island, FL 32953-3114

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    5645 Courtenay Pkwy
    SHOPPING CENTER COMMON AREA
    728 SF Lot: 0.69 Acres
    Value Estimation by Request

    5645 Courtenay Pkwy, Merritt Island, FL 32953-7226

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    127 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER
    5,151 SF Lot: 0.45 Acres
    Value Estimation by Request

    127 Courtenay Pkwy, Merritt Island, FL 32953-3406

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    2137 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER
    16,648 SF Lot: 1.37 Acres
    Estimated value
    $675,000

    2137 Courtenay Pkwy, Merritt Island, FL 32953-4255

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    1070 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER
    3,000 SF Lot: 0.39 Acres

    1070 Courtenay Pkwy, Merritt Island, FL 32953-4533

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    854 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER
    8,960 SF Lot: 0.59 Acres
    Estimated value
    $965,000

    854 Courtenay Pkwy, Merritt Island, FL 32953-4659

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    455 Myrtice Ave
    SHOPPING CENTER COMMON AREA
    Lot: 0.95 Acres
    Value Estimation by Request

    455 Myrtice Ave, Merritt Island, FL 32953

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    125 Merritt Is Cswy Ste, Unit 109
    SHOPPING CENTER, STRIP CENTER
    8,520 SF Lot: 7.60 Acres
    Unit 109

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

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    140 Tropical Trla
    SHOPPING CENTER COMMON AREA
    1,104 SF Lot: 1.20 Acres
    Value Estimation by Request

    140 Tropical Trla, Merritt Island, FL 32953-4737

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    Merritt Island, FL Shopping Centers Investment Opportunities Market Analysis

    Explore 72 shopping centers for sale in Merritt Island, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 24,553 square feet of properties for sale, with an estimated market value of $4,998,900.

    Sale prices for plazas in Merritt Island, FL start at $1,249,000, averaging $2,499,450, and reaching up to $3,749,900 — 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 8
    Storefront properties 7
    Automotive properties 3
    Car washes 2
    Showrooms 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)

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