1175 N Courtenay Parkway, Merritt Island, FL 32953

$1,249,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1046593

Property Type: Commercial Sale Baths: 8 Square Footage: 8,053 Lot Size (sq. ft.): 29,621 Status: Active

Current Price: $1,249,000 List Date: 1/19/2026 Last Modified: 4/24/2026

Overview

Description

Prime investment opportunity for a renovated 8,053 SF retail/office center in Merritt Island. Strategically located on high-traffic N Courtenay Pkwy, directly across from Merritt Island High School and adjacent to the public library. Features 8 units with updated interiors, ample parking, and strong tenant mix. Ideal for 1031 exchange or portfolio addition.

Listing Details MLS# 1046593

General Property Information

Number Of Units Total: 8
Bathrooms Total: 8
Building Area Total: 8053
Year Built: 1986
Building Name: Perrone Village
Lot Size Acres: 0.68
Water Body Access YN: No
List Price/SqFt: 155.1

Property Features

Construction Materials: Block Current Use: Office; Retail Existing Lease Type: Gross Lot Features: Dead End Street; Many Trees Parking Features: Attached; Guest Sale Includes: Building & Land Sewer: Public Sewer Water Source: Public

Contract Information

Original List Price: 1249000
Listing Contract Date: 2025-05-19
Property Sub Type: Retail

Location Tax and Legal

Street Number: 1175
Street Direction Prefix: N
Street Name: Courtenay
Street Suffix: Parkway
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 251 - Central Merritt Island
Subdivision Name: Nevins Subd of Pt of Secs 23 26

Remarks and Miscellaneous

Public Remarks: Prime investment opportunity for a renovated 8,053 SF retail/office center in Merritt Island. Strategically located on high-traffic N Courtenay Pkwy, directly across from Merritt Island High School and adjacent to the public library. Features 8 units with updated interiors, ample parking, and strong tenant mix. Ideal for 1031 exchange or portfolio addition.

Status Change Information

Major Change Timestamp: 2026-01-19T14:23:48Z
Major Change Type: Status Change
Status Change Timestamp: 2026-01-19

More Information

Unit 1 Details

Unit ID: A1
Unit SqFt: 1200
Furnished: Unfurnished
Unit Remarks: NA
Annual Rent: 0

Unit 2 Details

Unit ID: A2
Unit SqFt: 800
Furnished: Unfurnished
Unit Remarks: NA
Annual Rent: 0

Unit 3 Details

Unit ID: A3
Unit SqFt: 800
Furnished: Unfurnished
Unit Remarks: na
Annual Rent: 0

Unit 4 Details

Unit ID: A4
Unit SqFt: 950
Furnished: Unfurnished
Unit Remarks: NA
Annual Rent: 0

Unit 5 Details

Unit ID: B1
Unit SqFt: 950
Furnished: Unfurnished
Unit Remarks: NA
Annual Rent: 0

Unit 6 Details

Unit ID: B2
Unit SqFt: 1200
Furnished: Unfurnished
Unit Remarks: NA
Annual Rent: 0

Unit 7 Details

Unit ID: B3
Unit SqFt: 800
Furnished: Unfurnished
Unit Remarks: NA
Annual Rent: 0

Unit 8 Details

Unit ID: B4
Unit SqFt: 1200
Furnished: Unfurnished
Unit Remarks: NA
Annual Rent: 0

Location, Tax, and Legal

Tax Account: 2417292
Parcel Number: 24-36-23-Bx-00000.0-0031.01
General County Location: Central
Tax Annual Amount: 8948.08
Tax Year: 2023
Tax Legal Description: NEVINS SUBD OF PT OF SECS 23,26 PART OF LOTS 30,31 W OF A1A AS DES IN ORB 1004 PG 349
Directions: From 528 head south on SR3 / Courtenay Pkwy. Building is down on your right side across from High School.

Construction Materials

Block: Yes

Current Use

Office: Yes
Retail: Yes

Lot Features

Dead End Street: Yes
Many Trees: Yes

Parking Features

Attached: Yes
Guest: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Existing Lease Type

Gross: Yes

Sale Includes

Building & Land: Yes

Listing Office: Perrone Realty, LLC

Last Updated: April - 24 - 2026

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