450 Myrtice Avenue, Merritt Island, FL 32953

$1,100,000

Property Type: Commercial Sale Square Footage: 11,251 Lot Size (sq. ft.): 38,333 Status: Closed

Current Price: $1,100,000 List Date: 5/10/2023 Last Modified: 5/26/2026

Overview

Description

Corner Lot .88 Acres zoned BU-2 general commercial. 7,800 sf warehouse with retail, 1800 sf shed and a 2100+ sf single home on site, built in1925 also on property. Very Desirable location on Tropical Trail. Must make appointment to view.

Listing Details MLS# 964588

General Property Information

Number Of Units Total: 4
Stories Total: Yes
Building Area Total: 11251
Year Built: 1960
Lot Size Acres: 0.88
Property Use: C-MIXED USE - COMMERCIAL PROPERTY (1210)
Use Code: 12 / COMMERCIAL, MIXED USE
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 106.66
Sold Price/SqFt: 97.77

Property Features

Building Features: Clear Span Construction Materials: Block; Frame Cooling: Central Air; Wall/Window Unit(s) Current Use: Commercial Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service; 220 Volts Flooring: Carpet; Laminate; Vinyl Heating: Central Listing Terms: Lease Option; Private Financing Available Location: County Possession: Close Of Escrow Roof: Steel Joist Sale Includes: Building & Land Security Features: Security Lights; Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Call Listing Agent; Listing Agent Must Accompany Special Listing Conditions: County Jurisdiction; Owner Licensed RE Utilities: Cable Available Water Source: Public

Contract Information

Original List Price: 1200000
Listing Contract Date: 2023-05-10
Property Sub Type: Business

Location Tax and Legal

Street Number: 450
Street Name: Myrtice
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 251 - Central Merritt Island
Subdivision Name: Dardonville Subd

Remarks and Miscellaneous

Public Remarks: Corner Lot .88 Acres zoned BU-2 general commercial. 7,800 sf warehouse with retail, 1800 sf shed and a 2100+ sf single home on site, built in1925 also on property. Very Desirable location on Tropical Trail. Must make appointment to view.

Status Change Information

Major Change Timestamp: 2023-10-18T11:12:31Z
Major Change Type: Status Change
Status Change Timestamp: 2023-10-18
Purchase Contract Date: 2023-07-29
Close Date: 2023-10-17
Close Price: 1100000

More Information

Building Features

Clear Ceiling Height: 11707
Clear Span: Yes

Income and Expenses

Gross Scheduled Income: 88800
Insurance Expense: 4500
Net Operating Income: 73248
New Taxes Expense: 8157
Trash Expense: 1200

Historical Information

Public Historical Remarks 3: Frontage Description: County Road, Expenses-Utilities: 200, Expenses-Accounting & Legal: 695, Utilities-3-Phase Electric: Y, Legal/Misc-Home Warranty: No

Location, Tax, and Legal

Tax Account: 2426901
Parcel Number: 24-36-35-27-00000.0-0003.00
General County Location: Central
Tax Annual Amount: 8496.97
Tax Year: 2022
Tax Legal Description: DARDONVILLE SUBD LOT 3
Directions: From State Road 520 turn North on N. Tropical Trail. Prperty is on left at 127-129 N. Tropical Trail.

Construction Materials

Block: Yes
Frame: Yes

Cooling

Central Air: Yes
Electric: Yes
Wall/Window Unit(s): Yes

Current Use

Commercial: Yes

Electric

100 Amp Service: Yes
150 Amp Service: Yes
200+ Amp Service: Yes
220 Volts: Yes

Flooring

Carpet: Yes
Laminate: Yes
Vinyl: Yes

Heating

Central: Yes

Listing Terms

Lease Option: Yes
Private Financing Available: Yes

Possession

Close Of Escrow: Yes

Roof

Steel Joist: Yes

Security Features

Security Lights: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

County Jurisdiction: Yes
Owner Licensed RE: Yes

Utilities

Cable Available: Yes

Water Source

Public: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Location

County: Yes

Sale Includes

Building & Land: Yes

Listing Office: Providence Realty Team, Inc.

Last Updated: May - 26 - 2026

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