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    Merritt Island, FL
    Strip Mall

    Merritt Island, FL Strip Malls 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
    Neighborhood Retail Strip Mall
    Updated: Jan 19
    Neighborhood Retail Strip Mall

    1175 N Courtenay Parkway, Merritt Island, FL 32953

    $1,249,000
    8,053 sqft
    Year built: 1986
    Parking includes attached parking, guest parking, and a garage
    Located in Brevard County
    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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    Local Demand available after sign in
    Based on your search, we've compiled 62 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 57 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Neighborhood Retail Shopping Center
    Neighborhood Retail Shopping Center

    902 Dixon Boulevard, Cocoa, FL 32922

    $1,100,000
    8,800 sqft

    Eight-unit retail center with parking, dual access points, and rear delivery access near major regional routes.

    View details
    Renovated Retail Strip Plaza
    Renovated Retail Strip Plaza

    900 Dixon Boulevard, Cocoa, FL 32922

    Contact for pricing
    8,800 sqft

    Newly renovated retail units with ample parking and two points of ingress/egress.

    View details
    Winter Park Value-Add Investment Opportunity
    Winter Park Value-Add Investment Opportunity

    7523 Aloma Ave, Winter Park, FL 32792

    Contact for pricing
    17,514 sqft

    Multi-tenant office/retail asset with income and appreciation potential.

    View details
    Occupied Five-Tenant Strip Mall
    Occupied Five-Tenant Strip Mall

    7448 ALOMA, Winter Park, FL 32792

    $1,250,000

    Five tenants occupy the center, supporting immediate rental income from an operating retail property.

    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.

    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
    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
    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
    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
    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
    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
    351 Merritt Is Cswy
    SHOPPING CENTER, STRIP CENTER

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

    Estimated value:
    $1,160,000
    9,628 sqft 0.34 AC lot
    View details
    5999 Courtenay Pkwysfr
    SHOPPING CENTER, STRIP CENTER

    5999 Courtenay Pkwysfr, Merritt Island, FL 32953-7002

    Estimated value:
    $280,000
    3,836 sqft 2.98 AC lot
    View details
    477 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    477 Courtenay Pkwy, Merritt Island, FL 32953-3454

    Estimated value:
    $935,000
    7,748 sqft 0.95 AC lot
    View details
    536 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    536 Courtenay Pkwy, Merritt Island, FL 32953-4772

    Estimated value:
    $1,000,000
    7,171 sqft 0.51 AC lot
    View details
    405 Magnolia Ave
    SHOPPING CENTER, STRIP CENTER

    405 Magnolia Ave, Merritt Island, FL 32952-4821

    Estimated value:
    $260,000
    13,064 sqft 0.84 AC lot
    View details
    867 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    867 Courtenay Pkwy, Merritt Island, FL 32953-4638

    Estimated value:
    $1,275,000
    11,928 sqft 0.79 AC lot
    View details
    875 Courtenay Pkwy
    SHOPPING CENTER, STRIP CENTER

    875 Courtenay Pkwy, Merritt Island, FL 32953-4638

    Estimated value:
    $295,000
    5,505 sqft 0.51 AC lot
    View details

    Merritt Island, FL Strip Malls Market Trends and Statistics

    Explore 58 strip malls for sale in Merritt Island, FL on our real estate platform. These investment opportunities span a total of 8,053 square feet of properties for sale, with an estimated market value of $1,249,000.

    Sale prices for retail strips 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 28
    Storefront properties 13
    Automotive properties 4
    Auto shops 3
    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
    32953 $1.2M

    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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    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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