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Sold for $1,145,500 on 01/22/24
  • $1,145,500

    131-141 S Courtenay Pkwy, Merritt Island, FL 32953

    --beds
    --baths
    6,670sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $1,103,500 Zestimate®
    $172/sqft
    $1,890 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: October 22, 2024 at 09:18pm

    Listed by:

    Zachary Michael Ullian 321-750-3439,

    The Ullian Realty Corporation

    Bought with:

    Non-Member Non-Member Out Of Area, nonmls

    Non-MLS or Out of Area

    Source: Space Coast AOR,MLS#: 981721

    Facts & features

    Interior

    Cooling
    • Central Air
    Appliances
    • Included: None
    Features
    • Flooring: Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 6,670
    • Total interior livable area: 6,670 sqft

    Property

    Parking
    • Total spaces: 47
    Features
    • Levels: One
    • Pool features: None
    Lot
    • Size: 0.72 Acres
    • Dimensions: Est. 150 x 209 +/-
    Details
    • Additional parcels included: 2426656
    • Parcel number: 2436350000260.00000.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Concrete, Frame, Stucco, Wood Siding
    • Roof: Metal
    Condition
    • Year built: 1964

    Utilities & green energy

    • Water: Public
    • Utilities for property: Sewer Connected, Water Available

    Community & neighborhood

    Location
    • Region: Merritt Island

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Services availability
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    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $1,103,500
    2% more+ $22,070
    With Zillow Showcase(estimated)
    $1,125,570