$525,000
Merritt Island, FL 32953
MLS# 1033207
3 baths
1 / 48
Property Description
Nestled in the heart of Merritt Island's charming and historic Merritt Park Place, this ½ acre commercial property (zoned BU-1) is a rare find. The property blends historic character with modern functionality, making it an exceptional opportunity for business owners and investors alike. The property spans a total of ½ acre, combining the .29-acre main building lot with a .22-acre adjacent lot. The property's thoughtful design offers flexibility for expansion, additional parking, or future development. Strategically located at a prime corner in Merritt Park Place with 125ft of road frontage, the property ensures excellent visibility and accessibility with easy access to both Courtenay Parkway and SR-520. The main building, a spacious 2,066 square feet, underwent a complete renovation in 2012. Updates included plumbing, air ducts, insulation, drywall, new doors, and the addition of hurricane ties, ensuring both style and structural integrity.
Details
Maps
Documents
Location, Tax, and Legal
Tax Account: 2427095
Parcel Number: 24-36-35-32-0000k.0-0015.00
General County Location: Central
Tax Annual Amount: 3897.03
Tax Year: 2024
Tax Legal Description: MERRITT PARK PLACE LOTS 15,16 BLK K
Additional Parcels YN: Yes
Additional Parcels Description: TAX ID 2427096
276 Parnell St.
Zoning Description: Commercial
Directions: N Courtney Pkwy to W Merritt Ave. Property on corner of W Merritt Ave & Parnell.
General Property Information
Number Of Units Total: 0
Building Area Total: 2444
Lot Size Acres: 0.51
Water Body Access YN: No
List Price/SqFt: 214.81
Bathrooms Total: 3
Year Built: 1958
Remarks and Miscellaneous
Public Remarks: Nestled in the heart of Merritt Island's charming and historic Merritt Park Place, this ½ acre commercial property (zoned BU-1) is a rare find. The property blends historic character with modern functionality, making it an exceptional opportunity for business owners and investors alike. The property spans a total of ½ acre, combining the .29-acre main building lot with a .22-acre adjacent lot. The property's thoughtful design offers flexibility for expansion, additional parking, or future development. Strategically located at a prime corner in Merritt Park Place with 125ft of road frontage, the property ensures excellent visibility and accessibility with easy access to both Courtenay Parkway and SR-520. The main building, a spacious 2,066 square feet, underwent a complete renovation in 2012. Updates included plumbing, air ducts, insulation, drywall, new doors, and the addition of hurricane ties, ensuring both style and structural integrity.
Construction Materials
Stucco: 1
Flooring
Tile: 1
Wood: 1
Lot Features
Corner Lot: 1
Sprinklers In Front: 1
Sprinklers In Rear: 1
Parking Features
Additional Parking: 1
Parking Lot: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Showing Requirements
Listing Agent Must Accompany: 1
Building Features
% Air Conditioned or Heated: 100
Laundry: 1
Public Restroom: 1
Reception Area: 1
Separate Office Area: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $525,000
Original List Price: 650000
List Price: $525,000
Status: Active
Listing Contract Date: 2025-01-03
Property Sub Type: Mixed Use
Location Tax and Legal
Street Number: 290
Street Name: Parnell
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 251 - Central Merritt Island
Subdivision Name: Merritt Park Place
Status Change Information
Major Change Timestamp: 2025-12-16T13:16:02Z
Major Change Type: Status Change
Price Change Timestamp: 2025-09-05T18:38:03Z
Status Change Timestamp: 2025-12-16
Property Features
Building Features: Laundry; Public Restroom; Reception Area; Separate Office Area
Construction Materials: Stucco
Flooring: Tile; Wood
Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear
Parking Features: Additional Parking; Parking Lot
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Listing Agent Must Accompany
Water Source: Public
Supplements
Original 1950s hardwood floors add timeless charm, and the building is currently home to an upscale salon, though its layout is adaptable for office or retail use. A secondary 378-square-foot building, also under air, provides additional space for business operations or rental income. With its desirable location, ample space, and blend of historic character and modern updates, this property is well-suited for owner-occupied businesses, rental opportunities, or future growth.
BU-1 
Listing Office: Denovo Realty
Last Updated: December - 16 - 2025
Information is deemed to be reliable, but is not guaranteed.