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About This Home

This 0-bedroom, 8-bathroom commercial at 1175 N Courtenay Parkway in Merritt Island, FL is listed for $1,249,000 ($155 per sqft). Built in 1986, the home offers 8,053 sqft of living space on a 0.68 acres lot.

Agent 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.

Key Features

  • Built in 1986
  • 0.68 acre lot

Property Details

8 full
1986

Monthly Cost Estimate

$6,680/mo

20% down · 6.5% · 30 years

Principal$903
Interest$5,412
Insurance$364

Estimates only. Actual payments may vary.

Location

1175 N Courtenay Parkway

Merritt Island, FL 32953

Nevins Subd of Pt of Secs 23 26

Property Details

Construction

Block

Parking

Guest

Questions & Answers

This 0-bedroom, 8-bathroom commercial at 1175 N Courtenay Parkway is listed at $1,249,000 ($155/sqft). The estimated monthly payment is $5,412 based on 20% down at 6.5% interest.

Key features include: Built in 1986, 0.68 acre lot.

This property is listed by Ralph S Perrone and can be reached at 4077330725 or perronerealty@aol.com.

RP

Ralph S Perrone

Agent at Perrone Realty, LLC

(407) 733-0725

Listed by Perrone Realty, LLC

MLS# 1046593· Source: listhub· Updated 378 days ago

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1175 N Courtenay Parkway, Merritt Island, FL 32953

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