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:
11/02/2024
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.
More Information MLS# 964588
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.
General Property Information
Number Of Units Total: 4
Stories Total: 1
Building Area Total: 11251
Lot Size Acres: 0.88
Association YN: No
Property Use: C-MIXED USE - COMMERCIAL PROPERTY (1210)
Water Body Access YN: No
Waterfront YN: No
Use Code: 12 / COMMERCIAL, MIXED USE
List Price/SqFt: 106.66
Sold Price/SqFt: 97.77
Year Built: 1960
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.
Construction Materials
Block: 1
Frame: 1
Cooling
Central Air: 1
Electric: 1
Wall/Window Unit(s): 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
150 Amp Service: 1
200+ Amp Service: 1
220 Volts: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Heating
Central: 1
Listing Terms
Lease Option: 1
Private Financing Available: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 88800
Insurance Expense: 4500
Net Operating Income: 73248
New Taxes Expense: 8157
Trash Expense: 1200
Roof
Steel Joist: 1
Security Features
Security Lights: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
County Jurisdiction: 1
Owner Licensed RE: 1
Utilities
Cable Available: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Building Features
Clear Ceiling Height: 11707
Clear Span: 1
Location
County: 1
Sale Includes
Building & Land: 1
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
Contract Information
Current Price: $1,100,000
OriginalListPrice: 1200000
Sold Price: $1,100,000
Status: Closed
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
Status Change Information
Major Change Timestamp: 2023-10-18T11:12:31Z
Major Change Type: Status Change
StatusChangeDate: 2023-10-18
Purchase Contract Date: 2023-07-29
Close Date: 2023-10-17
Close Price: 1100000
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
Listing Office:
Providence Realty Team, Inc.
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.