Excellent opportunity to purchase an income producing retail strip center in the heart of Merritt Island! There are 6 units of 1,112 SF +/- each = 6,670 SF total. 5 of the 6 units are occupied and all tenants are on a month-to-month of short term lease. Opportunity for someone to occupy 1 unit and collect rent on the others OR bring the leases up to market rent. New metal roof as of 2020. Ample parking with 47 asphalt paved/striped parking spaces. Building has exposure to est. 8,500 VPD on S. Courtenay Parkway. Zoning is Brevard County BU-1 which allows Office, Retail, Medical & Restaurant type uses. Property is located just south of SR 520 which is a direct connector between Interstate 95, US1 and the beaches. Close proximity to Merritt Island Airport, Downtown Cocoa Village & schools!
Sold for $1,145,500
$1,145,500
131-141 S Courtenay Pkwy, Merritt Island, FL 32953
--beds
--baths
6,670sqft
Multi Family
Built in 1964
-- sqft lot
$1,241,700 Zestimate®
$172/sqft
$1,980 Estimated rent
Home value
$1,241,700
$1.01M - $1.54M
$1,980/mo
Zestimate® history
Owner options
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$1,980/mo
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$1,980/mo
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$7,526/mo
Est. payment
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$7,526/mo
Est. payment
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List your homeWhat's special
Ample parkingNew metal roof
Zillow last checked:
Listing updated:
Listed by:
Zachary Michael Ullian 321-750-3439,
The Ullian Realty Corporation
Bought with:
Non-Member Non-Member Out Of Area, nonmls
Non-MLS or Out of Area
Source: Space Coast AOR,MLS#: 981721
Facts & features
Interior
Cooling
- Central Air
Appliances
- Included: None
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 6,670
- Total interior livable area: 6,670 sqft
Property
Parking
- Total spaces: 47
Features
- Levels: One
- Pool features: None
Lot
- Size: 0.72 Acres
- Dimensions: Est. 150 x 209 +/-
Details
- Additional parcels included: 2426656
- Parcel number: 2436350000260.00000.00
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Concrete, Frame, Stucco, Wood Siding
- Roof: Metal
Condition
- Year built: 1964
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Merritt Island
Financial & listing details
- Price per square foot: $172/sqft
- Date on market: 12/4/2023
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2024 | Sold | $1,145,500+4.1%$172/sqft |
Source: Space Coast AOR #981721 Report a problem | ||
| 12/6/2023 | Pending sale | $1,100,000$165/sqft |
Source: Space Coast AOR #981721 Report a problem | ||
| 12/4/2023 | Listed for sale | $1,100,000$165/sqft |
Source: Space Coast AOR #981721 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 32953
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Nearby schools
GreatSchools rating
- 8/10Tropical Elementary SchoolGrades: PK-6Distance: 1 mi
- 7/10Thomas Jefferson Middle SchoolGrades: 7-8Distance: 1.7 mi
- 5/10Merritt Island High SchoolGrades: PK,9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Tropical
- Middle: Jefferson
- High: Merritt Island
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,241,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,241,700
- Florida
- Brevard County
- Merritt Island
- 32953
- 131-141 S Courtenay Pkwy
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