This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
131-141 S Courtenay Parkway, Merritt Island, FL 32953
$1,145,500
131-141 S Courtenay Parkway, Merritt Island, FL 32953View this property at 131-141 S Courtenay Parkway, Merritt Island, FL 32953
131-141 S Courtenay ParkwayMerritt IslandFL32953
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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!
Full Property Details
Full Property Details for 131-141 S Courtenay Pkwy
General
- Sold For: $1,145,500
- Taxes: (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: 981721
- Added to Site: 163 day(s) ago
Interior
- Appliances: None
- Flooring: Vinyl
Parking
- Total Spaces: 47
Location
- Area: 253 - S Merritt Island
- County: Brevard
- Driving 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.
School Information
- Elementary School: Tropical
- Middle School: Jefferson
- High School: Merritt Island
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Water: Public
- Utility Description: Sewer Connected, Water Available
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Concrete, Frame, Stucco, Wood Siding
- Roof: Metal
- Year Built: 1964
Unit Information
- Units in Building: 6
Lot Features
- Lot Size (Acres): 0.72
- Lot Size (Sq. Ft.): 31,363
- Lot Dimensions: Est. 150 x 209 +/-
- Street/Road Desc.: Paved
Financial Considerations
- Tax Year: 2023
- Terms: Cash, Conventional
- Owner Pays: Exterior Maintenance, Taxes
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Legal Description: PART OF SE 1/4 OF NW 1/4 AS DES IN ORB 199 PG 107
- Property ID: 24-36-35-00-00260.0-0000.00
Listed by The Ullian Realty Corporation
Sold by Non-MLS or Out of Area
Get Pre-Approved Today
Schools
Schools serving 131-141 S Courtenay Pkwy
Rating | Name | Grades | Distance |
---|---|---|---|
Meadowlane Primary Elementary School
2800 Wingate Blvd, W Melbourne, FL 32904 | PK-2 | 20.3 mi | |
2112 Palm Bay Rd Ne, Palm Bay, FL 32905 | K-5 | 22.8 mi | |
Palm Bay Academy Language Immersion
1464 Troutman Blvd Ne, Palm Bay, FL 32905 | K-3 | 23 mi | |
1275 S Courtenay Pkwy, Merritt Is, FL 32952 | 7-8 | 1.6 mi | |
1 Challenger Dr, Rockledge, FL 32955 | 7-8 | 2.3 mi | |
2100 S Fiske Blvd, Rockledge, FL 32955 | 7-8 | 3.2 mi | |
100 Mustang Way, Merritt Is, FL 32953 | 9-12 | 1.5 mi | |
220 Rockledge Ave, Rockledge, FL 32955 | 9-12 | 1.7 mi | |
6103 Stadium Pkwy, Viera, FL 32940 | 9-12 | 7.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131-141 S Courtenay Pkwy
Date
Details
Price
Change
Source
1/22/2024
Sold
$1,145,500
4.14%
MLS
12/04/2023
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
131-141 S Courtenay Parkway, Merritt Island, FL 32953 (MLS# 981721) is a Multi-Family property that was sold at $1,145,500 on January 22, 2024. Want to learn more about 131-141 S Courtenay Parkway? Do you have questions about finding other Multi-Family real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.