$585,000
Merritt Island, FL 32953
MLS# 744336
Status: Closed
5120 sqft
1 / 6
Property Description
Exceptional opportunity to procure a highly desirable location with appealing architecture, fantastic lighted signage, ample parking and the has ability to subdivide into 3 revenue generating units. There is also attached storage room and covered patio in rear of property. Zoned Bu1-Currently a night club, business not included, tenant will vacate upon closing. Lender Repo, no information regarding expenses, condition - As Is sale only. Owner financing available call for details. The property is plumbed for 2 additional bathrooms and once had a roll up door around back for deliveries, now covered over - call for details. MIRA is offering 15K for façade renovations.
Details
Maps
Location, Tax, and Legal
Tax Account: 2419258
Parcel Number: 24-36-26-Bx-00000.0-0049.07
General County Location: Central
Tax Annual Amount: 7024.5
Tax Year: 2015
Tax Legal Description: S 100 FT OF N 115 FT OF LOT 49 LYING W OF SR 3 & E OF PB 18 PG 65 AS DES IN ORB 1360 PG 1013
Directions: Central Merritt Island approximately a mile north of 520 on west side of Courtenay across from Catalina Isles
General Property Information
Number Of Units Total: 3
Building Area Total: 5120
Lot Size Acres: 0.51
Association YN: No
Property Use: C-NIGHT CLUBS, COCKTAIL LOUNGES, BARS (3300)
Water Body Access YN: No
Waterfront YN: No
Use Code: 33 / NIGHT CLUBS, LOUNGES, BARS
List Price/SqFt: 117.17
Sold Price/SqFt: 114.26
Year Built: 1981
Remarks and Miscellaneous
Public Remarks: Exceptional opportunity to procure a highly desirable location with appealing architecture, fantastic lighted signage, ample parking and the has ability to subdivide into 3 revenue generating units. There is also attached storage room and covered patio in rear of property. Zoned Bu1-Currently a night club, business not included, tenant will vacate upon closing. Lender Repo, no information regarding expenses, condition - As Is sale only. Owner financing available call for details. The property is plumbed for 2 additional bathrooms and once had a roll up door around back for deliveries, now covered over - call for details. MIRA is offering 15K for façade renovations.
Cooling
Central Air: 1
Electric: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Private Financing Available: 1
Lot Features
Other: 1
Possession
Close Of Escrow: 1
Roof
Rolled/Hot Mop: 1
Wood Joist: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
County Jurisdiction: 1
Water Source
Public: 1
Showing Requirements
24 Hour Notice: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 5120
Ceiling Type
Acoustic: 1
Location
County: 1
Sale Includes
Building & Land: 1
Building Only: 1
Contingency Reason
Other: 1
Contract Information
Current Price: $585,000
Original List Price: 599900
Sold Price: $585,000
Status: Closed
Listing Contract Date: 2016-01-17
Property Sub Type: Business
Location Tax and Legal
Street Number: 875
Street Direction Prefix: N
Street Name: Courtenay
Street Suffix: Parkway
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 251 - Central Merritt Island
Subdivision Name: Nevins Subd of Pt of Secs 23 26
Status Change Information
Major Change Timestamp: 2016-03-03T15:17:20Z
Major Change Type: Status Change
Status Change Timestamp: 2016-03-03
Contingency: Active Under Contract
Purchase Contract Date: 2016-01-30
Close Date: 2016-03-03
Close Price: 585000
Property Features
Ceiling Type: Acoustic
Cooling: Central Air; Electric
Current Use: Commercial
Flooring: Carpet
Heating: Central; Electric
Listing Terms: Cash; Conventional; Private Financing Available
Location: County
Lot Features: Other
Possession: Close Of Escrow
Roof: Rolled/Hot Mop; Wood Joist
Sale Includes: Building & Land; Building Only
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: County Jurisdiction
Water Source: Public
Contingency Reason: Other
Listing Office: RE/MAX Elite
Last Updated: June - 20 - 2026
Information is deemed to be reliable, but is not guaranteed.