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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 Indian Harbour Beach, FL
    8-Unit Retail Center
    Updated: May 19, 2025
    8-Unit Retail Center

    1175 N Courtenay Parkway, Merritt Island, FL 32953

    $1,249,000
    8,053 sqft 0.68 AC lot
    8,053‑square‑foot retail and office center with 8 units
    0.68‑acre parcel
    Renovated interiors
    Block construction; built in 1986
    Guest parking, public water, and public sewer
    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 hot listings in Merritt Island

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Based on your search, we've compiled 38 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 30 Off-Market properties to explore as potential leads, plus 2 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.

    Firestone Auto Care Facility
    Firestone Auto Care Facility

    1305 Lara Cir, Rockledge, FL 32955

    Contact for pricing
    6,607 sqft

    The newly built facility is leased on an absolute NNN basis for 15 years.

    View details
    Absolute NNN-Leased Warehouse
    Absolute NNN-Leased Warehouse

    4130 Pine Tree Place, Cocoa, FL 32926

    Contact for pricing
    7,181 sqft

    Absolute NNN warehouse with a 10-year tenant lease and rent escalation starting in year six.

    View details
    Church Campus with Multi-Purpose Facilities
    Church Campus with Multi-Purpose Facilities

    1865 FRIDAY ROAD, Cocoa, FL 32926

    $699,000
    4,838 sqft

    INL-zoned property includes separate ministry space, playground, open grass parking, and city water, septic, and electric service.

    View details
    Development Opportunity on Murrell Road
    Development Opportunity on Murrell Road

    Levitt Pkwy & Murrell Rd, Rockledge, FL 32955

    Contact for pricing
    7,717 sqft

    Land available for future development along Murrell Road in Rockledge.

    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

    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
    405 Courtenay Pkwy
    CREMATORIUM, MORTUARY

    405 Courtenay Pkwy, Merritt Island, FL 32952-4986

    Estimated value:
    $270,000
    2,002 sqft 0.23 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
    Merritt Island, FL 32952
    SHOPPING CENTER COMMON AREA

    Merritt Island, FL 32952

    Estimated value:
    $270,000
    0.34 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
    455 Myrtice Ave
    SHOPPING CENTER COMMON AREA

    455 Myrtice Ave, Merritt Island, FL 32953

    Estimated value:
    $225,000
    0.95 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
    450 Merritt Is Cswy
    DAY CARE, PRE-SCHOOL

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

    Estimated value:
    $1,260,000
    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

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

    25 Grv St, Merritt Island, FL 32953-3439

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

    15 Grv St, Merritt Island, FL 32953-3439

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

    185 Courtenay Pkwy, Merritt Island, FL 32953-3406

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

    1050 Courtenay Pkwy, Merritt Island, FL 32953-4533

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

    6005 Courtenay Pkwy, Merritt Island, FL 32953-7004

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

    105 Grv St, Merritt Island, FL 32953-3441

    Estimated value:
    $275,000
    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

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

    4040 Courtenay Pkwy, Merritt Island, FL 32953

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

    680 Fern Dr, Merritt Island, FL 32952

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

    Merritt Island, FL 32953

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

    Merritt Island, FL 32953

    Estimated value:
    $465,000
    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

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

    Merritt Island, FL Specialty Properties Market Trends and Statistics

    Explore 32 specialty properties 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 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
    Day care centers 1
    Marinas 1
    NNN properties 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)

    How Realmo verifies these figures

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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: (407) 733-0725
    www.goperrone.com
    Michelle Daignault-Ives
    215 N. Courtenay Pkwy. Merritt Island, FL 32953
    Phone: (321) 453-2151
    www.homeinthesun.com
    Anchor Real Estate & Property Management LLC
    2160 Capeview St Merritt Island, FL 32952
    Phone: (321) 278-9389
    www.AnchorREPM.com
    Why this one?
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