131-141 S Courtenay Parkway, Merritt Island, FL 32953
$1,145,500
Property Type:
Residential Income
Square Footage:
6,670
Lot Size (sq. ft.):
31,363
Status:
Closed
Current Price:
$1,145,500
List Date:
12/04/2023
Last Modified:
10/23/2024
Overview
Description
Listing Details MLS# 981721
General Property Information
- Number Of Buildings
- Yes
- Number Of Units Total
- 6
- Living Area Source
- Measured
- Building Area Total
- 6670
- Year Built
- 1964
- Garage YN
- No
- Parking Total
- 47
- Lot Size Acres
- 0.72
- Lot Size Dimensions
- Est. 150 x 209 +/-
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Pool Private YN
- No
- Lot Size Square Feet
- 31363
- Carport YN
- No
- Use Code
- 11 / RETAIL STORE -
Property Features
Appliances:
None
Construction Materials:
Block; Concrete; Frame; Stucco; Wood Siding
Cooling:
Central Air
Flooring:
Vinyl
Levels:
One
Listing Terms:
Cash; Conventional
Owner Pays:
Exterior Maintenance; Taxes
Pool Features:
None
Possession:
Close Of Escrow
Road Surface Type:
Paved
Roof:
Metal
Special Listing Conditions:
Standard
Utilities:
Sewer Connected; Water Available
Water Source:
Public
Showing Considerations:
Occupied
Showing Requirements:
Appointment Only; Call Listing Office
Contract Information
- OriginalListPrice
- 1100000
- Listing Contract Date
- 2023-12-04
- Property Sub Type
- Multi Family
Location Tax and Legal
- Street Number
- 131-141
- Street Direction Prefix
- S
- Street Name
- Courtenay
- Street Suffix
- Parkway
- County
- Brevard
- State
- FL
- Postal Code
- 32953
- MLS Area Major
- 253 - S Merritt Island
Remarks and Miscellaneous
- Public Remarks
- 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!
Status Change Information
- Major Change Timestamp
- 2024-01-22T19:01:17Z
- Major Change Type
- Status Change
- StatusChangeDate
- 2024-01-22
- Purchase Contract Date
- 2023-12-06
- Close Date
- 2024-01-22
- Close Price
- 1145500
More Information
Closing Company Details
- Closing Company Name
- Cauthen and Burns, PA J. Knox Burns, IV
- Closing Company Address
- 215 N. Joanna Avenue, Tavares, FL 32778
Historical Information
- Public Historical Remarks 3
- Contact: List Agent, Zoning: BU-1, Site Location-Major Roadway: Y
Non Member Info
- Non-Member Brokerage
- Watson Commercial Real Estate
- Non-Member Name
- Duane Watson
Location, Tax, and Legal
- Tax Account
- 2426656
- Directions
- Starting on SR 520 turn south onto Courtenay Parkway. Property is located on the west side of Courtenay Parkway across the street from Publix/TJ Maxx just south of Magnolia Avenue.
Listing Office:
The Ullian Realty Corporation
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.