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Mixed-Use Building with Apartments
New
For Sale
$3,000,000

2012 Vernon Place, Melbourne, FL 32901

Commercial Sale, Melbourne, FL

Property Size4,800 SF
Lot Size0.18 Acres
Price / SF$625
Days on Market2

Property Features for 2012 Vernon Place

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 2, Bathroom 5, Bathroom 4, Bathroom 3, Bathroom 1
Parking features Secured, Parking Lot, Assigned
Security features Security System
Lot features Historic Area
Directions From Melbourne Orlando International Airport, head east on NASA Blvd, turn right onto US-1 South, right on New Haven Ave, then left on Vernon Place to reach 2012 Vernon Place on the right.
Subdivision 330 - Melbourne - Central
Standard status Active
APN 28-37-03-82-00046.0-0015.00
Size 4,800 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description POWELLS & HENLEYS RESUBD LOT 15 BLK 46
Tax Annual Amount 9049
Legal Description POWELLS & HENLEYS RESUBD LOT 15 BLK 46

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Central, Zoned, Electric (Heating)
Cooling system Separate Meters, Central Air, Ceiling Fan(s)
Water source Public

Amenities

security fencing
separate storage area
exterior lighting
private fenced residential area
metal roof

Building Details

Year built 2003
Floors in Building 2
Number of units 3
Flooring type Wood, Tile
Building materials Concrete
Listing Agency: Dale Sorensen Real Estate Inc.
Listed By: Eva McMillan · License #3199073
Added: Sep 3 Last Checked: Sep 4 at 2:06AM
MLS# 1086766

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 2012 Vernon Place in Downtown Melbourne, this 4,800-square-foot concrete mixed-use building contains four separately metered units. The lower level includes two permitted commercial or medical office suites, while the upper level houses two remodeled two-bedroom, one-bath apartments. Suites 101 and 102 each have a front entrance and are connected internally, supporting either separate office use or a combined professional workspace.

The office level has tile flooring. Upstairs, the apartments feature real wood floors, newer appliances, and a dedicated laundry room with washer and dryer. The property includes a 0.18-acre lot, an owned parking lot, security fencing, exterior lighting, a separate storage area, and a private fenced residential area. A metal roof covers the building, which was constructed in 2003. Public water and public sewer serve the property, with water available and separate electric meters for all four units.

Key Highlights

  • 4,800‑square‑foot mixed‑use building with two commercial suites and two apartments
  • Two permitted commercial or medical office suites with separate entrances and an interior connecting door
  • Two remodeled upstairs apartments, each with 2 bedrooms and 1 bath

Property Analytics

Current Use

Advanced Medical - Center ... Medical Clinic Advanced Medical: CPRx, ... Physician Michael Halprin, MN Physician 2012 Vernon Pl ... Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Home Appliance Store Veterinary Clinic Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,835
Businesses Nearby

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Concrete property combines permitted medical-office suites with renovated upstairs residences and secured on-site parking.
Where is this mixed-use property located?
The property is located at 2012 Vernon Place Melbourne, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 4,800‑square‑foot mixed‑use building with two commercial suites and two apartments; Two permitted commercial or medical office suites with separate entrances and an interior connecting door; Two remodeled upstairs apartments, each with 2 bedrooms and 1 bath
More about this property
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