115 Alma Boulevard, Merritt Island, FL 32953

$3,425,000

Property Type: Commercial Sale Square Footage: 22,004 Lot Size (sq. ft.): 137,214 Status: Closed

Current Price: $3,425,000 List Date: 8/12/2021 Last Modified: 6/20/2026

Overview

Description

3.15 +/- Acres 23,860 +/- SF improvements Site planned for additional 10,500 SF * Renovated in 2013 Multi-tenant facility Majority leased to national engineering firm - Upon completion of new addition in October 2018, this tenant will sign a new 7-year lease with two (2) 5-year options. 11 bathrooms 12 A/C units (Of these, one unit is brand new installed in 2018, and two are awaiting installation in the pending addition.)

Listing Details MLS# 782740

General Property Information

Number Of Units Total: 3
Building Area Total: 22004
Year Built: 1995
Lot Size Acres: 3.15
Property Use: C-RETAIL STORE - 1 UNIT (1100)
Use Code: 11 / STORES, ONE STORY
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 159.06
Sold Price/SqFt: 155.65

Property Features

Construction Materials: Brick Cooling: Central Building Current Use: Commercial Flooring: Other Heating: Central Location: Shopping Center Possession: Close Of Escrow Roof: Metal Sale Includes: Building & Land Security Features: Fire Sprinkler System; Smoke Detector(s) Showing Requirements: Call Listing Agent

Contract Information

Original List Price: 2800000
Listing Contract Date: 2017-05-05
Property Sub Type: Business

Location Tax and Legal

Street Number: 115
Street Name: Alma
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 253 - S Merritt Island
Subdivision Name: Nevins Subd of Pt of Secs 23 26

Remarks and Miscellaneous

Public Remarks: 3.15 +/- Acres 23,860 +/- SF improvements Site planned for additional 10,500 SF * Renovated in 2013 Multi-tenant facility Majority leased to national engineering firm - Upon completion of new addition in October 2018, this tenant will sign a new 7-year lease with two (2) 5-year options. 11 bathrooms 12 A/C units (Of these, one unit is brand new installed in 2018, and two are awaiting installation in the pending addition.)

Status Change Information

Major Change Timestamp: 2023-11-11T09:36:55Z
Major Change Type: Price Change
Price Change Timestamp: 2018-07-02T20:41:11Z
Status Change Timestamp: 2021-11-05
Purchase Contract Date: 2021-07-12
Close Date: 2021-11-05
Close Price: 3425000

More Information

Building Features

Clear Ceiling Height: 22004

Location, Tax, and Legal

Tax Account: 2443768
Parcel Number: 24-36-23-Bx-00000.0-0012.17
General County Location: North
Tax Annual Amount: 19245.2
Tax Year: 2016
Tax Legal Description: NEVINS SUBD OF PT OF SECS 23,26 PART OF LOT 12 AS DESC IN ORB 3489 PGS 1790 & 1797
Directions: Take South Tropical Trail to Alma Blvd and head West.

Construction Materials

Brick: Yes

Cooling

Central Building: Yes

Current Use

Commercial: Yes

Flooring

Other: Yes

Heating

Central: Yes

Possession

Close Of Escrow: Yes

Roof

Metal: Yes

Security Features

Fire Sprinkler System: Yes
Smoke Detector(s): Yes

Showing Requirements

Call Listing Agent: Yes

Location

Shopping Center: Yes

Sale Includes

Building & Land: Yes

Listing Office: Dreyer & Associates R.E. Grp.

Last Updated: June - 20 - 2026

Information is deemed to be reliable, but is not guaranteed.