381 Hibiscus Avenue, Merritt Island, FL 32953

$355,000
Property Type: Commercial Sale Square Footage: 2,500 Lot Size (sq. ft.): 16,553 Status: Closed
Current Price: $355,000 List Date: 10/14/2020 Last Modified: 8/14/2026

Overview

Description

((EFFECTIVE AGE 2016)) Great BU-1 zoned 2500 sq ft Commercial Steel free-standing Bldg with Recent Metal Roof, 9ft 7 in high & wide Liftmaster Elec Bay Door, Inside Bay 13ft ceiling - remodeled office space approx half (1250sf) under air, all LED lights, 3-5 offices, 2 restrooms, kitchenette, recent rewire and security cameras. Large .38 acre lot 100 x 164, fenced & paved parking lot. Centrally Located on Merritt Island near major intersection of Courtenay Pkwy, N Tropical Tr and SR-520 (E Merritt Island Causeway) in Merritt Park Place. Large anchored shopping centers nearby, businesses, offices, & restaurants.

Listing Details MLS# 887716

General Property Information

Number Of Units Total
Yes
Stories Total
Yes
Building Area Total
2500
Year Built
1973
Lot Size Acres
0.38
Property Use
C-REPAIR SVC SHOP - EXCL AUTO - (RADIO, TV, ELECTRIC REPAIR, REFRIG SERVICE, PAI (2500)
Use Code
25 / REPAIR SERVICE SHOPS
Association YN
No
Water Body Access YN
No
Waterfront YN
No
List Price/SqFt
150
Sold Price/SqFt
142

Property Features

Building Features: Computer Wired; Kitchen Facilities; Lobby; Manager on Premise; Meeting Room; Office; Outside Storage; Overhead Doors; Private Restroom; Rear Access; Reception Area; Separate Office Area; Storage Ceiling Type: Drywall; Exposed; Height Varies Construction Materials: Stucco Cooling: Ceiling Fan(s); Central Building; Electric Current Use: Commercial Flooring: Carpet; Tile Heating: Central; Electric Listing Terms: Cash; Conventional Location: Central Business District; County Lot Features: Other Possession: Close Of Escrow; Negotiable Roof: Metal; Steel Joist Sale Includes: Building & Land Security Features: Closed Circuit Camera(s); Fire Alarm; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Showing Considerations: Occupied Showing Requirements: Appointment Only Special Listing Conditions: County Jurisdiction; Use Conforms to Zone Water Source: Public

Contract Information

Original List Price
375000
Listing Contract Date
2020-10-14
Property Sub Type
Business

Location Tax and Legal

Street Number
381
Street Name
Hibiscus
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32953
MLS Area Major
251 - Central Merritt Island
Subdivision Name
Sunnyside Tract Map 2

Remarks and Miscellaneous

Public Remarks
((EFFECTIVE AGE 2016)) Great BU-1 zoned 2500 sq ft Commercial Steel free-standing Bldg with Recent Metal Roof, 9ft 7 in high & wide Liftmaster Elec Bay Door, Inside Bay 13ft ceiling - remodeled office space approx half (1250sf) under air, all LED lights, 3-5 offices, 2 restrooms, kitchenette, recent rewire and security cameras. Large .38 acre lot 100 x 164, fenced & paved parking lot. Centrally Located on Merritt Island near major intersection of Courtenay Pkwy, N Tropical Tr and SR-520 (E Merritt Island Causeway) in Merritt Park Place. Large anchored shopping centers nearby, businesses, offices, & restaurants.

Status Change Information

Major Change Timestamp
2020-12-23T16:12:48Z
Major Change Type
Status Change
Status Change Timestamp
2020-12-23
Purchase Contract Date
2020-11-13
Close Date
2020-12-23
Close Price
355000

More Information

Building Features

% Air Conditioned or Heated
50
Clear Ceiling Height
2500
Computer Wired
Yes
Kitchen Facilities
Yes
Lobby
Yes
Manager on Premise
Yes
Meeting Room
Yes
Office
Yes
Outside Storage
Yes
Overhead Doors
Yes
Private Restroom
Yes
Rear Access
Yes
Reception Area
Yes
Separate Office Area
Yes
Storage
Yes

Income and Expenses

New Taxes Expense
3245

Location, Tax, and Legal

Tax Account
2426886
Parcel Number
24-36-35-25-00000.0-0025.00
General County Location
Central
Tax Annual Amount
3345.77
Tax Year
2020
Tax Legal Description
SUNNYSIDE TRACT MAP 2 LOTS 25,26 ALSO KNOWN AS PB 3 PG 77
Directions
SR3/Courtenay Pkwy to left on W. Merritt Ave, left on Parnell to Rt on Hibiscus to 381 on left or just north of 520 to N Tropical Tr to 381 Hibiscus in Merritt Park Place.

Construction Materials

Stucco
Yes

Cooling

Ceiling Fan(s)
Yes
Central Building
Yes
Electric
Yes

Current Use

Commercial
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Central
Yes
Electric
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Other
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Roof

Metal
Yes
Steel Joist
Yes

Security Features

Closed Circuit Camera(s)
Yes
Fire Alarm
Yes
Security System Owned
Yes
Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

County Jurisdiction
Yes
Use Conforms to Zone
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes

Ceiling Type

Drywall
Yes
Exposed
Yes
Height Varies
Yes

Location

Central Business District
Yes
County
Yes

Showing Considerations

Occupied
Yes

Sale Includes

Building & Land
Yes
Listing Office: Tropical Realty & Inv. of Brev
Last Updated: August - 14 - 2026
Information is deemed to be reliable, but is not guaranteed.