About This Property
Description from listing agentExcellent opportunity to lease a 1,112 SF retail unit in the heart of Merritt Island! Interior is open configuration with 1 ADA restroom. Concrete flooring and drop ceiling throughout. Property has undergone an extensive renovation in 2025... new impact windows, HVAC, electrical, pylon signage, landscaping, restripe/seal parking lot, and more! Utilities include Water/Sewer & FPL Electric. Ample parking with 40 asphalt paved/striped common parking spaces. Property is easily accessible via nearby I-95, US1 and A1A. Close proximity to the Merritt Island Airport, Health First Cape Canaveral Hospital, Merritt Square Mall, Downtown Cocoa Village and all of the other education, dining and childcare the area has to offer. Make this the future home for your business today!
Space Coast Context
🚀 Launch Viewing — Great Views
16.2 mi from SLC-40
16.2 miles from SLC-40 — clear launch views from your yard or roof on most days.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
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Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $15
- Property taxes
- $3
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $3K price — down payment shown: $584.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
