290 Parnell Street, Merritt Island, FL 32953

New Listing
$525,000
Property Type: Commercial Sale Baths: 3 Square Footage: 2,444 Lot Size (sq. ft.): 22,216 Status: Active
Current Price: $525,000 List Date: 12/16/2025 Last Modified: 12/16/2025

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.

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.

More Information MLS# 1033207

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

Documents

Listing Office: Denovo Realty
Last Updated: December - 16 - 2025
Information is deemed to be reliable, but is not guaranteed.

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