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    Merritt Island, FL
    Shopping Center

    Merritt Island, FL Shopping Centers for Sale

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    Cocoa Beach, FL Rockledge, FL Malabar, FL Melbourne, FL Cape Canaveral, FL Cocoa, FL Satellite Beach, FL Crestview, FL
    Renovated Mixed-Use Center
    Updated: May 19, 2025
    Renovated Mixed-Use Center

    1175 N Courtenay Parkway, Merritt Island, FL 32953

    $1,249,000
    8,053 sqft 0.68 AC lot
    8,053 SF retail and office center on a 0.68‑acre site
    8 units with renovated interiors
    Directly across from Merritt Island High School
    Adjacent to the public library
    Block construction completed in 1986
    View details
    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
    See what stands out in Brevard County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 2 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 3 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.

    Mixed-Use Building with Retail Units
    Mixed-Use Building with Retail Units

    226 King St, Cocoa, FL 32922

    $2,500,000

    Two-level property combines ground-floor retail and office space with an upper-floor residential apartment.

    View details
    Retail Center Shadow-Anchored by Target
    Retail Center Shadow-Anchored by Target

    3045-3065 Columbia Blvd, Titusville, FL 32780

    Contact for pricing
    83,991 sqft

    Community and neighborhood shopping complex with a Target shadow anchor.

    View details
    Vacant Shopping Center
    Vacant Shopping Center

    1071 Cheney Highway, 1071, Titusville, FL 32780

    Contact for pricing

    Move-in-ready commercial space is currently vacant and available for occupancy.

    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.

    Wooded Commercial Land
    Wooded Commercial Land

    N Courtenay Parkway, Merritt Island, FL 32953

    $375,000
    2.05 AC lot

    Vacant, high-and-dry parcel with commercial rezoning potential and cable availability.

    View details
    Community Commercial Land
    Community Commercial Land

    Cheney Highway, Titusville, FL 32780

    $2,750,000
    6.75 AC lot

    CC-zoned commercial parcel with public water, public sewer, and cable availability.

    View details
    Commercial Land with TU-2 Zoning
    Commercial Land with TU-2 Zoning

    DEERING Parkway, Mims, FL 32754

    $365,000
    3.36 AC lot

    TU-2 zoning supports resort, lodging, restaurant, retail, and residential development uses.

    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

    Estimated value:
    $3,145,000
    5,100 sqft 2.12 AC lot
    View details
    221 Crockett Blvd
    SHOPPING CENTER, STRIP CENTER

    221 Crockett Blvd, Merritt Island, FL 32953-4384

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

    555 Fortenberry Rd, Merritt Island, FL 32952-3519

    Estimated value:
    $8,335,000
    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

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

    133 Courtenay Pkwy, Merritt Island, FL 32952-4843

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

    450 Myrtice Ave, Merritt Island, FL 32953-4727

    Estimated value:
    $955,000
    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
    Estimated value:
    $930,000
    6,519 sqft 0.79 AC lot
    View details
    259 Tropical Trl
    SHOPPING CENTER COMMON AREA

    259 Tropical Trl, Merritt Island, FL 32953-4778

    Estimated value:
    $720,000
    4,081 sqft 0.96 AC lot
    View details
    715 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    715 Courtenay Pkwy, Merritt Island, FL 32953-4651

    Estimated value:
    $6,090,000
    74,543 sqft 6.40 AC lot
    View details
    950 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    950 Courtenay Pkwy, Merritt Island, FL 32953-4513

    Estimated value:
    $5,555,000
    41,942 sqft 4.63 AC lot
    View details
    Merritt Island, FL 32952
    SHOPPING CENTER COMMON AREA

    Merritt Island, FL 32952

    Estimated value:
    $270,000
    0.34 AC lot
    View details
    158 Merritt Is Cswy
    SHOPPING CENTER, STRIP CENTER

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

    Estimated value:
    $280,000
    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
    Estimated value:
    $725,000
    8,400 sqft 0.59 AC lot
    View details
    5645 Courtenay Pkwy
    SHOPPING CENTER COMMON AREA

    5645 Courtenay Pkwy, Merritt Island, FL 32953-7226

    Estimated value:
    $55,000
    728 sqft 0.69 AC lot
    View details
    127 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    127 Courtenay Pkwy, Merritt Island, FL 32953-3406

    Estimated value:
    $430,000
    5,151 sqft 0.45 AC lot
    View details
    2137 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    2137 Courtenay Pkwy, Merritt Island, FL 32953-4255

    Estimated value:
    $690,000
    16,648 sqft 1.37 AC lot
    View details
    1070 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    1070 Courtenay Pkwy, Merritt Island, FL 32953-4533

    Estimated value:
    $885,000
    3,000 sqft 0.39 AC lot
    View details
    854 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    854 Courtenay Pkwy, Merritt Island, FL 32953-4659

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

    455 Myrtice Ave, Merritt Island, FL 32953

    Estimated value:
    $225,000
    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
    Estimated value:
    $1,280,000
    8,520 sqft 7.60 AC lot
    View details
    140 Tropical Trla
    SHOPPING CENTER COMMON AREA

    140 Tropical Trla, Merritt Island, FL 32953-4737

    Estimated value:
    $280,000
    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

    Estimated value:
    $1,120,000
    11,140 sqft 0.60 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 117,028 square feet of properties for sale, with an estimated market value of $1,249,000.

    Sale prices for plazas in Merritt Island, FL average $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 31
    Storefront properties 15
    Automotive properties 4
    Auto shops 2
    Grocery and convenience stores 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 $3M

    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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    Browse Shopping centers for Sale Near Merritt Island, FL

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    • 32953

    Featured Merritt Island Real Estate Agencies

    Realmo connects you with licensed Merritt Island CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Perrone Realty
    2460 N Courtenay Pkwy #102 Merritt Island, FL 32953
    Phone: 14077330725
    www.goperrone.com
    Michelle Daignault-Ives
    215 N. Courtenay Pkwy. Merritt Island, FL 32953
    Phone: 13214532151
    www.homeinthesun.com

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