290 Parnell Street Merritt Island, FL $ 525,000
290 Parnell Street
$ 525,000
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290 Parnell Street

Merritt Island, FL, 32953
$ 525,000
Bedrooms-- Baths3.0 Sq 2,444

Monthly Estimate*

$ 3,233

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Commercial Property for sale in Merritt Island, FL

for $525,000 with 3 full baths. This 2,444 square foot building was built in 1958 on a lot size of 0.51.

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. 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.

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Commercial Active

Price

$ 525,000

Full Bath

3

Property Type

Commercial

Taxes

$ 3,897

Style

Mixed Use

Lot Size

0.51

Year Built

1958

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1033207

Features
General
Living Area 2444
Sewer Public Sewer
Construction Materials Stucco
Year Built 1958
Property Subtype Mixed Use
Tax Year 2024
Additional Parcels Description TAX ID 2427096 276 Parnell St.
County Brevard
Property Type Commercial Sale
Attached Garage false
Subdivision Name Merritt Park Place
Building Features Laundry Public Restroom Reception Area Separate Office Area
Status Active
Directions N Courtney Pkwy to W Merritt Ave. Property on corner of W Merritt Ave & Parnell.
City Merritt Island
Zoning Description Commercial
Number Of Units Total 0
MLS Area 251 - Central Merritt Island
Lot Size Units Acres
Lot Size Square Feet 22215.6
Tax Annual Amount 3897.03
MLS Area Minor 251 - Central Merritt Island
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/spc/1033207
Standard Status Active
Legal Description MERRITT PARK PLACE LOTS 15 16 BLK K
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Interior
Flooring Tile Wood
Total Baths 3
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Exterior
Parking Features Additional Parking Parking Lot
Lot Features Corner Lot Sprinklers In Front Sprinklers In Rear
Water Source Public
Inclusions Building & Land
Lot Size Area 0.51
Lot Size Acres 0.51
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* Excluded Features
List By
Denovo Realty

Broker

tammy@crisafullirealestate.com

Email

Affordability Calculator

$3,557
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$325
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$525,000 Listed Price

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290 Parnell Street, Merritt Island, FL, 32953 is a Commercial Property for sale at $525,000 with 2,444 sqft and a lot size of 0.51. 290 Parnell Street has 3.0 baths and was built in 1958. The property's zip code is 32953 which is in Merritt Island, FL