2625 N Courtenay Parkway, Merritt Island, FL 32953
$470,000
Property Type:
Commercial Sale
Square Footage:
4,929
Lot Size (sq. ft.):
41,382
Status:
Closed
Current Price:
$470,000
List Date:
8/23/2018
Last Modified:
6/27/2026
Overview
Description
NEED OFFER - distress sale - balloon note!! High Visibility - Strong Long Term Growth. Put your Franchise Here!! Irreplaceable real estate on high traffic corner. Priced below market value- 2017 As-is Land Appraisal $950,000!! Located just a few short miles from the fastest growing Passenger Port in the Nation - Port Canaveral. Only 45 minutes from Orlando via HWY 528 aka The Beachline and only a few minutes to Orlando's closest beach - Cocoa Beach/Cape Canaveral, Florida. 4900+ sqft building onsite, previous restaurant since 1980 but the potential to start over is beckoning. Interior is bare bones, no kitchen equipment, no flooring, etc. TRAFFIC COUNT: 48,660 AADT from HWY 528 & 32,850 AADT from SR 3 (2016).
Listing Details MLS# 753866
General Property Information
- Number Of Units Total
- Yes
- Building Area Total
- 4929
- Year Built
- 1968
- Lot Size Acres
- 0.95
- Property Use
- C-NIGHT CLUBS, COCKTAIL LOUNGES, BARS (3300)
- Association YN
- No
- Waterfront YN
- No
- List Price/SqFt
- 111.38
- Sold Price/SqFt
- 95.35
- Water Body Access YN
- No
- Use Code
- 33 / NIGHT CLUBS, LOUNGES, BARS
Property Features
Building Features:
Private Restroom; Public Restroom; Rear Access; Separate Office Area
Ceiling Type:
Acoustic; Wood Panel
Construction Materials:
Frame; Stucco
Cooling:
Central Building; Zoned
Current Use:
Commercial
Flooring:
Carpet; Tile
Heating:
Central; Electric; Zoned
Listing Terms:
Cash
Location:
Beach Area; Central Business District; County
Possession:
Close Of Escrow
Roof:
Barrel; Rolled/Hot Mop; Tar/Gravel; Tile; Wood Truss/Raft
Sale Includes:
Building & Land
Security Features:
Smoke Detector(s)
Sewer:
Public Sewer
Showing Requirements:
Appointment Only; Lockbox
Special Listing Conditions:
Corporate Owned; County Jurisdiction
Utilities:
Cable Available; Natural Gas Available
Water Source:
Public
Contract Information
- OriginalListPrice
- 1199999
- Listing Contract Date
- 2016-05-06
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 2625
- 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
- None
Remarks and Miscellaneous
- Public Remarks
- NEED OFFER - distress sale - balloon note!! High Visibility - Strong Long Term Growth. Put your Franchise Here!! Irreplaceable real estate on high traffic corner. Priced below market value- 2017 As-is Land Appraisal $950,000!! Located just a few short miles from the fastest growing Passenger Port in the Nation - Port Canaveral. Only 45 minutes from Orlando via HWY 528 aka The Beachline and only a few minutes to Orlando's closest beach - Cocoa Beach/Cape Canaveral, Florida. 4900+ sqft building onsite, previous restaurant since 1980 but the potential to start over is beckoning. Interior is bare bones, no kitchen equipment, no flooring, etc. TRAFFIC COUNT: 48,660 AADT from HWY 528 & 32,850 AADT from SR 3 (2016).
Status Change Information
- Major Change Timestamp
- 2023-11-11T09:28:09Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2018-07-22T15:48:09Z
- StatusChangeDate
- 2018-08-31
- Purchase Contract Date
- 2018-08-23
- Close Date
- 2018-08-31
- Close Price
- 470000
More Information
Building Features
- % Air Conditioned or Heated
- 100
- Private Restroom
- Yes
- Public Restroom
- Yes
- Rear Access
- Yes
- Separate Office Area
- Yes
- Storage
- Yes
Historical Information
- Public Historical Remarks 3
- Utilities-3-Phase Electric: Y
Location, Tax, and Legal
- Tax Account
- 2412108
- Parcel Number
- 24-36-14-00-00261.0-0000.00
- General County Location
- Central
- Tax Annual Amount
- 7465.39
- Tax Year
- 2017
- Tax Legal Description
- THAT PART OF NW 1/4 OF NW 1/4 LYING WEST OF ST RD 3 DESCRIBED AS PARCEL 5-A IN ORB 1207 PG 658
- Directions
- From 520 head north on Courtenay Pkwy, 4 miles, bldg. on left just after Brevard County Service Complex. From 528, exit south onto SR3 aka Courtenay Pkwy, bldg. on right.
Construction Materials
- Frame
- Yes
- Stucco
- Yes
Cooling
- Central Building
- Yes
- Zoned
- Yes
Current Use
- Commercial
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Zoned
- Yes
Listing Terms
- Cash
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Barrel
- Yes
- Rolled/Hot Mop
- Yes
- Tar/Gravel
- Yes
- Tile
- Yes
- Wood Truss/Raft
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Corporate Owned
- Yes
- County Jurisdiction
- Yes
Utilities
- Cable Available
- Yes
- Natural Gas Available
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Appointment Only
- Yes
- Lockbox
- Yes
Ceiling Type
- Acoustic
- Yes
- Wood Panel
- Yes
Location
- Beach Area
- Yes
- Central Business District
- Yes
- County
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Drop Anchor Realty LLC
Last Updated: June - 27 - 2026
Information is deemed to be reliable, but is not guaranteed.