Details
Perrone Twin Rivers – Merritt Island SR 520 Commercial Building for Sale
Are you looking for commercial real estate in Merritt Island that is for sale, in a high-visibility location right on SR 520? Perrone Twin Rivers at 76 E. Merritt Island Causeway, Merritt Island, FL 32952 is a renovated, two-story, multi-tenant commercial building located directly on State Road 520, the Merritt Island Causeway. The property offers approximately 12,444 square feet of building area on an approximately 0.53-acre parcel, giving buyers a sizable footprint in one of Merritt Island’s primary commercial corridors.
As part of the Perrone Properties portfolio of Space Coast commercial real estate, Perrone Twin Rivers benefits from professional local ownership and management, with a long history of serving small businesses and professional tenants throughout Brevard County.
Prime Location on the Merritt Island Causeway (SR 520)
The building fronts E. Merritt Island Causeway (State Road 520), a primary east–west arterial that carries traffic between Cocoa on the mainland, across Merritt Island, and east to Cocoa Beach.
Perrone Twin Rivers sits on the north side of SR 520 just east of the intersection with Courtenay Parkway (SR 3), placing it within Merritt Island’s central commercial core along a well-traveled commuter and retail corridor.
For investors and businesses, this location provides:
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Strong visibility to daily local and tourist traffic along the causeway
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Easy access for customers and employees traveling between Cocoa, Merritt Island, and the beaches
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A recognizable address that’s already established in the community
Two-Story, Multi-Tenant Commercial Real Estate for Sale
Perrone Twin Rivers is configured as a two-story commercial building with a combination of restaurant, personal services, and professional office uses.
Key layout details include:
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Ten second-floor office suites are arranged along an exterior corridor, providing flexible space for a variety of professional and service tenants.
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Ground-floor commercial spaces facing SR 520, currently occupied by:
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Tijuana Flats restaurant
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A massage company
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A nail agency
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In total, the property is configured into 14 rentable office and commercial suites, allowing for a diversified tenant mix across restaurant, retail, and office users.
The current configuration and tenant mix support the building’s track record of staying mostly fully occupied, reflecting the strength of its location and appeal to local businesses.
Building Size and Site Characteristics
According to multiple commercial listing sources, the building offers approximately 12,444 square feet of space on about 0.53 acres of land.
Additional factual property details include:
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Property type: Commercial/retail, multi-tenant
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Stories: 2
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Approximate building size: 12,444 sq ft
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Approximate lot size: 0.53 acres
These dimensions give investors an established commercial building with enough scale to support multiple income streams while still being manageable to own and operate.
Established Tenant Mix with Restaurant & Service Uses
The ground-floor lineup features Tijuana Flats, a well-known Tex-Mex restaurant brand with a long-standing location at this address, along with a massage business and nail salon.
This combination provides:
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Restaurant traffic that helps support other tenants in the building
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Personal service users who generate steady, appointment-based visits
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Professional office tenants upstairs that benefit from the visibility and central location
The mix of restaurant, service, and office users helps diversify income across different business types and creates a steady, everyday traffic pattern around the property.
Building Features & On-Site Amenities
Perrone Twin Rivers is designed to serve both tenants and their customers with practical, everyday features that support business operations. The existing Perrone Properties listing notes the following building characteristics and amenities:
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Air-conditioned interior spaces with central heating and cooling
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Kitchenette and private restroom features in suites, adding convenience for office users
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Balcony access from some second-floor areas overlooking SR 520 and from the rear of the building
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On-site surface parking serving customers and employees, described as “plenty of parking” on the current owner’s listing
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Signage opportunities, including a prominent roadside sign facing SR 520
These features, combined with the building’s renovated condition and high-traffic location, make it attractive to small businesses seeking professional space with strong visibility and predictable operating conditions.
Investment Appeal of 76 E. Merritt Island Causeway
From an investor standpoint, this Merritt Island SR 520 commercial building for sale offers a combination of characteristics that are difficult to replicate:
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Renovated, two-story structure with established build-out for offices and ground-floor commercial uses
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Multi-tenant layout with up to 14 rentable suites across restaurant, retail/service, and office users
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High-visibility location on a major east–west arterial that serves as a primary route to Cocoa Beach and the barrier island communities
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Long-term presence in the market, with the building originally constructed in 1962, reflecting a proven location that has supported commercial activity for decades
For buyers seeking a stabilized, income-producing property along Merritt Island’s main commercial corridor, Perrone Twin Rivers provides an opportunity to acquire a recognizable, fully built-out asset with in-place tenants and room for future leasing and repositioning as market conditions evolve.
Schedule a Tour or Request More Information
For additional details about Perrone Twin Rivers, 76 E. Merritt Island Causeway, including current rent roll, lease terms, and financials, prospective buyers should contact the listing representatives at Perrone Properties directly at (321) 454-3393.
They can provide up-to-date information on tenancy, income, and any available suites, and arrange a tour so you can see firsthand how this Merritt Island SR 520 commercial building for sale fits your investment strategy on Florida’s Space Coast.
- ID: 2492
- Views: 1788
- Availability: Available Now
- Property type: Office , Office/Retail , Retail
- Offer type: For Sale
- Property size: 12444 ft²
- Offices: 14