16 S Tropical Trail, Merritt Island, FL 32952
$800,000
Property Type:
Commercial Sale
Baths:
1
Square Footage:
224
Lot Size (sq. ft.):
3,049
Status:
Closed
Current Price:
$800,000
List Date:
9/21/2026
Last Modified:
10/13/2026
Overview
Description
Prime commercial opportunity in the heart of Merritt Island! Located at 16 S Tropical Trail just off heavily traveled SR 520, this high-visibility property is currently configured for automobile sales and offers excellent exposure for a variety of commercial uses. Property features prominent frontage and multiple income-producing billboard/signage structures, creating additional investment potential. Conveniently located near major retail, restaurants, and surrounding commercial development. Excellent opportunity for an owner-user or investor seeking a highly visible Merritt Island location.
Listing Details MLS# 1088174
General Property Information
- Number Of Units Total
- Yes
- Bathrooms Total
- Yes
- Building Area Total
- 224
- Year Built
- 1953
- Lot Size Acres
- 0.07
- List Price/SqFt
- 4017.86
- Sold Price/SqFt
- 3571.43
Property Features
Construction Materials:
Block; Concrete
Lot Features:
Corner Lot
Parking Features:
Parking Lot
Sale Includes:
Building & Land; Furniture, Fixtures and Equipment
Sewer:
Public Sewer
Water Source:
Public
Contract Information
- Original List Price
- 900000
- Listing Contract Date
- 2026-09-21
- Property Sub Type
- Retail
Location Tax and Legal
- Street Number
- 16
- Street Direction Prefix
- S
- Street Name
- Tropical
- Street Suffix
- Trail
- County
- Brevard
- State
- FL
- Postal Code
- 32952
- MLS Area Major
- 253 - S Merritt Island
Remarks and Miscellaneous
- Public Remarks
- Prime commercial opportunity in the heart of Merritt Island! Located at 16 S Tropical Trail just off heavily traveled SR 520, this high-visibility property is currently configured for automobile sales and offers excellent exposure for a variety of commercial uses. Property features prominent frontage and multiple income-producing billboard/signage structures, creating additional investment potential. Conveniently located near major retail, restaurants, and surrounding commercial development. Excellent opportunity for an owner-user or investor seeking a highly visible Merritt Island location.
Status Change Information
- Major Change Timestamp
- 2026-10-13T12:44:17Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2026-10-13
- Purchase Contract Date
- 2026-09-21
- Close Date
- 2026-10-07
- Close Price
- 800000
More Information
Unit 1 Details
- Unit ID
- Yes
- Annual Rent
- 87000
- Unit SqFt
- 224
- # Units (This Type)
- Yes
- Furnished
- Furnished
- Unit Remarks
- BIllboard and car lot rent
Location, Tax, and Legal
- Tax Account
- 2426958
- Parcel Number
- 24-36-35-31-0000h.0-0001.00
- General County Location
- Central
- Tax Annual Amount
- 1347.93
- Tax Year
- 2025
- Tax Legal Description
- MERRITT WINTER HOMES DEV SUBD MAP NO 2 W 68 FT OF LOTS 1,2 EX ST HWY BLK H
- Directions
- From SR 520/Merritt Island Causeway, turn south onto S Tropical Trail. Property is located at 16 S Tropical Trail, immediately south of SR 520.
Construction Materials
- Block
- Yes
- Concrete
- Yes
Lot Features
- Corner Lot
- Yes
Parking Features
- Parking Lot
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Sale Includes
- Building & Land
- Yes
- Furniture, Fixtures and Equipment
- Yes
Listing Office:
Arium Real Estate, LLC
Last Updated: October - 13 - 2026
Information is deemed to be reliable, but is not guaranteed.