690 Cone Park Court, Merritt Island, FL 32952

$468,750
Property Type: Residential Income Square Footage: 6,250 Lot Size (sq. ft.): 34,848 Status: Closed
Current Price: $468,750 List Date: 11/19/2020 Last Modified: 5/22/2026

Overview

Description

MOTIVED SELLER! Well maintained 6250 sq. foot multi-tenant office building in Merritt Island, with abundant parking on this combined .8 acre parcel. 3550 SF leased for 3 years @ $4307.34/mo., increasing 4% annually. The other half has been recently built-out for IT services. The available units are currently combined, and consist of 3 offices, 2 baths (1 with an oversized shower), and a large central 2000 SF workspace designed for cubicles with power at each workstation. Roof is only 3 years old, and electricity is separately metered. Property includes a 2nd .375 acre parcel that serves as a circular parking lot. Excellent location in a growing area of Merritt Island, between Cocoa and Cocoa Beach, and close to Cape Canaveral and Melbourne.

Listing Details MLS# 890638

General Property Information

Number Of Units Total
2
Living Area
6250
Living Area Source
Public Records
Building Area Total
6250
Year Built
1993
Garage YN
No
Carport YN
No
Lot Size Acres
0.8
Lot Size Square Feet
34848
Association YN
Yes
Association Fee
500
Association Fee Frequency
Annually
Use Code
17 / OFFICE BUILDING
Water Body Access YN
No
Waterfront YN
No
Pool Private YN
No
List Price/SqFt
79.92
Sold Price/SqFt
75
Garage Spaces
0
Carport Spaces
0

Property Features

Appliances: None Construction Materials: Frame; Stucco; Wood Siding Cooling: Central Air Flooring: Carpet; Tile; Vinyl Levels: One Listing Terms: Cash; Conventional; VA Loan Lot Features: Cul-De-Sac; Dead End Street Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Pest Control; Repairs; Taxes Parking Features: Circular Driveway Pool Features: None Possession: Close Of Escrow Road Surface Type: Paved Roof: Shingle Special Listing Conditions: Standard Utilities: Sewer Connected; Water Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Office

Contract Information

Original List Price
525000
Listing Contract Date
2020-11-19
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
690
Street Name
Cone Park
Street Suffix
Court
County
Brevard
State
FL
Postal Code
32952
MLS Area Major
253 - S Merritt Island
Subdivision Name
Cone Medical Park

Remarks and Miscellaneous

Public Remarks
MOTIVED SELLER! Well maintained 6250 sq. foot multi-tenant office building in Merritt Island, with abundant parking on this combined .8 acre parcel. 3550 SF leased for 3 years @ $4307.34/mo., increasing 4% annually. The other half has been recently built-out for IT services. The available units are currently combined, and consist of 3 offices, 2 baths (1 with an oversized shower), and a large central 2000 SF workspace designed for cubicles with power at each workstation. Roof is only 3 years old, and electricity is separately metered. Property includes a 2nd .375 acre parcel that serves as a circular parking lot. Excellent location in a growing area of Merritt Island, between Cocoa and Cocoa Beach, and close to Cape Canaveral and Melbourne.

Status Change Information

Major Change Timestamp
2023-11-11T03:49:23Z
Major Change Type
Price Reduced
Price Change Timestamp
2021-01-03T17:33:26Z
Status Change Timestamp
2021-04-20
Purchase Contract Date
2021-01-21
Close Date
2021-04-16
Close Price
468750

More Information

Closing Company Details

Closing Company Name
Cantwell & Goldman PA
Closing Company Address
96 Willard St STE 302, Cocoa, FL 32922

Historical Information

Public Historical Remarks 3
Possible Financing-1031 Exchange: Y, Number of Buildings: 1 Building

Location, Tax, and Legal

Tax Account
2501790
Parcel Number
25-36-02-34-00000.0-0004.00
General County Location
Central
Elementary School
Tropical
Middle School
Jefferson
High School
Merritt Island
Tax Annual Amount
7845.43
Tax Year
2020
Tax Legal Description
CONE MEDICAL PARK LOTS 3 & 4
Directions
Go south from on Courtenay Parkway from 520 (Merritt Island Causeway) approximately 1 mile, turn left and go east on Cone Road, and make a right on Cone Park Court.

Appliances

None
Yes

Construction Materials

Frame
Yes
Stucco
Yes
Wood Siding
Yes

Cooling

Central Air
Yes

Flooring

Carpet
Yes
Tile
Yes
Vinyl
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes
VA Loan
Yes

Lot Features

Cul-De-Sac
Yes
Dead End Street
Yes

Parking Features

Circular Driveway
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Owner Pays

Exterior Maintenance
Yes
Grounds Care
Yes
Insurance
Yes
Pest Control
Yes
Repairs
Yes
Taxes
Yes

Road Surface Type

Paved
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Utilities

Sewer Connected
Yes
Water Available
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Office
Yes
Listing Office: Sperry CGA-Flint Brokers
Last Updated: May - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.