Address
3420 N Courtenay Parkway, Merritt Island, FL
Price
$ 3,150,000
Property Attributes
  • MLS#955942
  • TypeCommercial
  • CountyBREVARD
  • CityMerritt Island
  • AreaN Merritt Island
  • Zip32953
  • StyleBusiness
  • Year Built1980
  • Taxes$ 17253
  • Price$ 3,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage27700
  • Lot Size3.43 Acres
Data Source:
Space Coast AOR
Property Description

A great investment opportunity that would cost much more than the selling price to duplicate. Hard to find mini-warehousing, storage, & retail, space centrally located in Merritt Island & minutes from Port Canaveral & Kennedy Space Center, within one mile of SR 528 Beachline. Concrete block construction, engineered wood roof trusses, fire walls, drywall partitioned, most units with separate electric service, on site management, security lighting, month to month leases, 3 driveway entrances, shared retention pond, 3+ acres of land, 8ft & 10ft high doors, five buildings, 100 % occupancy with backlog on waiting list. Small business tax receipts allowed; plenty of open area for additional vehicle storage & rental income, seller financing with sufficient down and excellent credit.

Price History
4/3/2024 Listed $3,150,000

General Features

Sewer Public Sewer
Heating None,Other
Cooling None,Other
Utilities Cable Available,Other
Possession Close Of Escrow
Roof Wood Truss/Raft
Security Features Security Lights
Construction Materials Block,Concrete
Year Built 1980
Electric 100 Amp Service,220 Volts
Property SubType Business
Tax Year 2022
Current Use Commercial,Industrial
County Brevard
Net Operating Income 155000.0
Insurance Expense 5000.0
Property Type Commercial Sale
HOA / Comm Assn No
Building Features Storage,Clear Span,Manager on Premise,Overhead Doors
Status Active
Directions From SR 528 Beachline exit SR3 N. Courtenay Pkwy. head north over barge canal to 3420 N. Courtenay Pkwy.
City Merritt Island
View Y/N No
Senior Community Y/N No
Total Units 69
MLS Area 250 - N Merritt Island
Lot Size Square Feet 149410.8
Waterfront Y/N No
Street Name Courtenay
Land Lease Y/N No
Tax Annual Amount 17253.7
Home Warranty Y/N No
Trash Expense 2400.0
Lease Renewal Y/N No
MLS Area Minor 250 - N Merritt Island
Additional Parcels Y/N No
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/spc/955942
Standard Status Active
Taxes 16500.0
MobileHomeRemainsYN No
Legal Description PART OF NW 1/4 OF NW 1/4 LYING E OF ST RD 3 AS DESC IN ORB 1966 PG 147 & ORB 2229 PG 617 EXC RD R/W PAR 270

Interior Features

Flooring Carpet
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Street Suffix Parkway
Electric On Property Y/N No

Exterior Features

Water Source Public
Inclusions {u'Building & Land': True}
Lot Size Area 3.43
Spa No
Lot Size Acres 3.43
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32953

Price
AVG $2.46M
$3.15M
Taxes
AVG $12,383
$17,253
Visits
AVG 37
7
Data Provided by Inside Real Estate®
Year Built
AVG 1979
1980