Former Branch Bank Site in Merritt Island

50 Goodwin Drive (the “Building”) is a single story branch banking facility with five drive-thru lanes consisting of approximately 4,701 square feet of office space on approximately 86,461 square feet of land.  It is located on the east side of Goodwin Drive in Ft. Pierce, Florida one half block south of Merritt Island Causeway East (SR520).  The Building is located midblock and across the street from the rear of the Publix shopping center.  Adjacent on the north is a restaurant and adjacent on the south is a professional office building. It has approximately 432 feet of frontage on Goodwin Drive.  Goodwin Drive is a two lane secondary road in the business district.  Merritt Island Causeway is State Road 520 which is a six lane divided highway running east and west and intersecting with I-95.  It is the main street through downtown Merritt Island.

The site is near the main street running through downtown Merritt Island and the average daily traffic (ADT) count for Merritt Island Causeway is approximately 32,200.  Under the City of Merritt Island’s zoning code the property is zoned BU2 – Retail, Warehousing & Wholesale Commercial.  The future land use is Community Commercial.

The Building is a branch banking facility with approximately 44 parking spaces or 9+ parking spaces per 1,000 SF.  The property is approximately 52 miles to Orlando.  Within a five mile radius, the population is 86,063 and the median household income is $50,001.