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    111 Scott St Melbourne, FL 32901

    For Sale
    $1,500,000

    Medical,Office Space,Special Purpose - Melbourne, FL

    Property size:
    4,948 SF
    Lot size:
    1.00 Acre
    Days on Market:
    385
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 111 Scott St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm/Office/Ins
    APN
    27 372875000000 193
    Size
    4,948 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1981
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Carpet, Other, Tile
    Building materials
    Frame, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    Coldwell Banker Paradise NHI/FTP/SHI/PSL (772) 589-7777 [email protected]

    Listing agent J Vance Brinkerhoff (772) 589-7777

    Listing date Nov 16, 2024

    MLS# RX-11037509 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Property in Melbourne

    Located in Melbourne, Florida, this commercial property at 111 Scott Street, formerly a nursing school, presents a prime opportunity. The property includes an adjacent 0.5-acre lot. Its central location offers convenient access to Melbourne International Airport, Route 1, and major hospitals. The site is suitable for educational, medical, or professional purposes. Situated near the Space Coast corridor, the property benefits from excellent accessibility and development potential. The property size is 4948 square feet and the lot size is 1 acre. The zoning is Comm/Office/Ins.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DOXA ACADEMY Nursing School Rocky Mountain Oils Corporate Office Saxon & Chakhtoura PA Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.625502
    Latitude
    28.106546

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    FAQs

    What type of property is this?
    Medical space - Former nursing school suitable for educational, medical, or professional use.
    Where is this medical space located?
    The property is located at 111 Scott St Melbourne, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime commercial location in Melbourne, FL.; - Adjacent 1/2-acre lot included.; - Ideal for educational, medical, or professional use.
    (772) 589-7777
    Request Owner's contact information
    111 Scott St Melbourne, FL 32901
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    Melbourne, FL 32901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Scott St Melbourne, FL 32901
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