1850 E Merritt Island Causeway Merritt Island, FL ^$ 10,750,000

1850 E Merritt Island Causeway

^$ 10,750,000

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1850 E Merritt Island Causeway

Merritt Island, FL, 32952

^$ 10,750,000

Studio Baths0.0 Sq 63,125

Monthly Estimate*

^$ 75,092

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View a Virtual Tour

Studio

Commercial Property for sale in Merritt Island, FL

for $10,750,000. This 63,125 square foot building was built in 2003 on a lot size of 6.92.

Wow, you must come see this former Car Dealership; featuring roughly 20k sq ft of professional & executive offices, 30k sq ft of service/ warehouse / bays / storage and detail department with an extra 17k sqft that is broken down into a restaurant, gym, playroom, daycare, movie theater, conference rooms, barber shop, game room and much more. So, what are you waiting for this facility has it all and then some.

Commercial Active

Price

^$ 10,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 98,252

Style

Business

Lot Size

6.92

Year Built

2003

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

975630

Features

General

Heating Zoned

Cooling Zoned

Utilities Cable Available Water Available

Possession Close Of Escrow Subject To Tenant Rights

Roof Mixed

Security Features Fire Sprinkler System Security Fence Security Gate Secured Lobby

Construction Materials Concrete

Year Built 2003

Electric 100 Amp Service 220 Volts Underground

Property SubType Business

Tax Year 2022

Current Use Commercial

County Brevard

Property Type Commercial Sale

HOA / Comm Assn N

Building Features Storage Clear Span Columns Fenced Kitchen Facilities Lobby Meeting Room Office Outside Storage Overhead Doors Private Restroom Public Restroom Rear Access Reception Area Restaurant Showroom Spray Boo

Status Active

Directions From US1 head east on SR520. Building is located on SR520 on Merritt Island.

City Merritt Island

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area 251 - Central Merritt Island

Lot Size Square Feet 301435.2

Waterfront Y/N N

Street Name Merritt Island

Land Lease Y/N N

Tax Annual Amount 98252.2

Home Warranty Y/N N

Lease Renewal Y/N N

MLS Area Minor 251 - Central Merritt Island

Additional Parcels Y/N N

Lease Considered Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/spc/975630

Standard Status Active

Legal Description LOTS 73 TO 82 & S 30.5 FT OF LOT 83 OF PB 4 PG 35 AND PART OF GOVT LOTS 1 & 4 LYING W OF PB 4 PG 35 E OF NORTH BANANA R

Interior

Flooring Carpet Tile Other

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Causeway

Electric On Property Y/N N

Total Baths 0

Exterior

Water Source Public

Inclusions {u'Building & Land': True}

Lot Size Area 6.92

Spa N

Lot Size Acres 6.92

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1850

* Excluded Features

List By

Perrone Realty, Llc

Broker

perronerealty@aol.com

Affordability Calculator

$83,280

Per Month

Monthly Principal & Interest: $75,092
Monthly Property Taxes: $8,188
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Merritt Island, FL

Average List Price ^$2,082,557

Percent of Sale Price 81%

About Merritt Island, FL

36,416 Population

1% Since 2002

^$56,337 Median Income

50.25 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1363035 Elementary School

1362897 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/20/2023	$10,750,000		Listed Price

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1850 E Merritt Island Causeway, Merritt Island, FL, 32952 is a Commercial Property for sale at $10,750,000 with 63,125 sqft and a lot size of 6.92. 1850 E Merritt Island Causeway is a studio with 0.0 baths and was built in 2003. The property's zip code is 32952 which is in Merritt Island, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information displayed on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Copyright 2006, the Multiple Listing Service of South Brevard County, Inc. and Space Coast Association of REALTORS®, Inc. All rights reserved.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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1850 E Merritt Island Causeway

Commercial Property for sale in Merritt Island, FL

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