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    Merritt Island, FL
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    Merritt Island, FL Specialty Properties 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
    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
    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
    Church Building with Fellowship Hall
    Church Building with Fellowship Hall

    1350 N Tropical, Merritt Island, FL 32953

    Contact for pricing

    AS-IS church property includes a fellowship hall with kitchen and paved parking for visitors.

    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 40 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 30 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.

    Specialty Property with Flexible Layout
    Specialty Property with Flexible Layout

    202 N FISKE Boulevard, Cocoa, FL 32922

    $875,000
    0.40 AC lot

    The property carries CN zoning and sits near SR-520 and US-1.

    View details
    Specialty Property with Multi-Family Zoning
    Specialty Property with Multi-Family Zoning

    271 Taylor Ave, Cape Canaveral, FL 32920

    Contact for pricing
    5,995 sqft 0.86 AC lot

    Multi-Family zoning includes clubs, lodges, and daycare facilities.

    View details
    Specialty Corner Building with Frontage
    Specialty Corner Building with Frontage

    6600 N Atlantic Avenue, Cape Canaveral, FL 32920

    Contact for pricing
    0.57 AC lot

    Concrete block and stucco building with a large paved parking lot and direct A1A corner frontage.

    View details
    Specialty Land Parcel
    Specialty Land Parcel

    2211 N Cocoa Blvd, Cocoa, FL 32922

    Contact for pricing
    0.25 AC lot

    0.25-acre land parcel available for purchase on N Cocoa Blvd.

    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.

    GU-Zoned Vacant Land
    GU-Zoned Vacant Land

    UNASSIGNED, Cocoa, FL 32926

    Contact for pricing
    1.47 AC lot

    Vacant parcel with GU zoning; well and septic systems are needed.

    View details
    Vacant Land with OAC Zoning
    Vacant Land with OAC Zoning

    Saint Cloud, FL 34773

    Contact for pricing
    1.26 AC lot

    Vacant parcel with OAC zoning; well and septic systems are needed.

    View details
    Residential Land Lot No HOA
    Residential Land Lot No HOA

    Saint Cloud, FL 34773

    $44,900
    0.88 AC lot

    Nearly an acre of residential land zoned OPUD, offered for sale with no HOA restrictions noted.

    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

    $3,145,000
    Estimated value
    5,100 sqft 2.12 AC lot
    View details
    405 Courtenay Pkwy
    CREMATORIUM, MORTUARY

    405 Courtenay Pkwy, Merritt Island, FL 32952-4986

    $270,000
    Estimated value
    2,002 sqft 0.23 AC lot
    View details
    259 Tropical Trl
    SHOPPING CENTER COMMON AREA

    259 Tropical Trl, Merritt Island, FL 32953-4778

    $720,000
    Estimated value
    4,081 sqft 0.96 AC lot
    View details
    Merritt Island, FL 32952
    SHOPPING CENTER COMMON AREA

    Merritt Island, FL 32952

    $270,000
    Estimated value
    0.34 AC lot
    View details
    5645 Courtenay Pkwy
    SHOPPING CENTER COMMON AREA

    5645 Courtenay Pkwy, Merritt Island, FL 32953-7226

    $55,000
    Estimated value
    728 sqft 0.69 AC lot
    View details
    455 Myrtice Ave
    SHOPPING CENTER COMMON AREA

    455 Myrtice Ave, Merritt Island, FL 32953

    $225,000
    Estimated value
    0.95 AC lot
    View details
    140 Tropical Trla
    SHOPPING CENTER COMMON AREA

    140 Tropical Trla, Merritt Island, FL 32953-4737

    $280,000
    Estimated value
    1,104 sqft 1.20 AC lot
    View details
    450 Merritt Is Cswy
    DAY CARE, PRE-SCHOOL

    450 Merritt Is Cswy, Merritt Island, FL 32952-3503

    $1,260,000
    Estimated value
    30,674 sqft 2.99 AC lot
    View details
    705 Pne Is Rd
    SHOPPING CENTER COMMON AREA

    705 Pne Is Rd, Merritt Island, FL 32953

    $245,000
    Estimated value
    3,200 sqft 10.00 AC lot
    View details
    25 Grv St
    KENNEL

    25 Grv St, Merritt Island, FL 32953-3439

    $220,000
    Estimated value
    1,376 sqft 0.14 AC lot
    View details
    15 Grv St
    KENNEL

    15 Grv St, Merritt Island, FL 32953-3439

    $230,000
    Estimated value
    1,303 sqft 0.15 AC lot
    View details
    185 Courtenay Pkwy
    SHOPPING CENTER COMMON AREA

    185 Courtenay Pkwy, Merritt Island, FL 32953-3406

    $235,000
    Estimated value
    2,268 sqft 0.46 AC lot
    View details
    1050 Courtenay Pkwy
    PROFESSIONAL CLUBS/ASSOCIATIONS

    1050 Courtenay Pkwy, Merritt Island, FL 32953-4533

    $275,000
    Estimated value
    5,314 sqft 1.96 AC lot
    View details
    6005 Courtenay Pkwy
    SHOPPING CENTER COMMON AREA

    6005 Courtenay Pkwy, Merritt Island, FL 32953-7004

    $245,000
    Estimated value
    0.55 AC lot
    View details
    105 Grv St
    DAY CARE, PRE-SCHOOL

    105 Grv St, Merritt Island, FL 32953-3441

    $275,000
    Estimated value
    4,089 sqft 0.46 AC lot
    View details
    695 Cone Park Ct
    DAY CARE, PRE-SCHOOL

    695 Cone Park Ct, Merritt Island, FL 32952-3755

    $265,000
    Estimated value
    3,452 sqft 0.45 AC lot
    View details
    4040 Courtenay Pkwy
    SHOPPING CENTER COMMON AREA

    4040 Courtenay Pkwy, Merritt Island, FL 32953

    $235,000
    Estimated value
    1.35 AC lot
    View details
    680 Fern Dr
    SHOPPING CENTER COMMON AREA

    680 Fern Dr, Merritt Island, FL 32952

    $40,000
    Estimated value
    224 sqft 0.18 AC lot
    View details
    Merritt Island, FL 32953
    SHOPPING CENTER COMMON AREA

    Merritt Island, FL 32953

    $230,000
    Estimated value
    0.63 AC lot
    View details
    Merritt Island, FL 32953
    SHOPPING CENTER COMMON AREA

    Merritt Island, FL 32953

    $465,000
    Estimated value
    23,254 sqft 2.55 AC lot
    View details
    1520 Sykes Crk Pkwy
    PROFESSIONAL CLUBS/ASSOCIATIONS

    1520 Sykes Crk Pkwy, Merritt Island, FL 32952-5775

    $220,000
    Estimated value
    3,232 sqft 0.30 AC lot
    View details

    Merritt Island, FL Specialty Properties Market Trends and Statistics

    Explore 33 specialty properties for sale in Merritt Island, FL, showcased through 3 active listings 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 properties 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

    1031 exchange properties 1
    Churches & religious facilities 1
    Day care centers 1
    NNN properties 1
    Schools 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 $624.5K

    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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    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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