2808 S Harbor City Boulevard Melbourne, FL 32901
COMMERCIAL - Melbourne, FL
Property Features for 2808 S Harbor City Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Garage
- Fencing
- Chain Link, Fenced
- Standard status
- Active Under Contract
- APN
- 28-37-11-12-000k2.0-0001.00
- Size
- 4,102 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- RIVERVIEW HEIGHTS SUBD LOTS 1, 2, 3, 4, 5 & 6 BLK K2 EXC HWY R/W
- Tax Annual Amount
- 5608
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete, Terrazzo
- Building materials
- Block
- Roof type
- Metal, Aluminum
Listing agent Mark Herendeen License #3429914 (321) 863-4426
Listing office Real Estate Ink Co. Inc. 233 E New Haven Ave, Melbourne, FL (321) 821-4752
Listing date Mar 19, 2024
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.
The site is in the Downtown S Expansion area with access on three sides: direct access from US-1, plus rear and side alley access. Current C-2 zoning supports business and retail uses (many uses), and the Live Local Act is noted in the remarks. The listing also highlights an Opportunity & HUB Zone status and a Future Land Use designation of C-3. A 2023 traffic count of 36,180 is provided, and the remarks note the start of a new US-1 streetscape project. Nearby distances noted include less than 1/4 mile to Riverview Park/Indian River Lagoon, about 3 miles to the beach, 4 miles to MLB, and 2 miles to Florida Tech.
Key Highlights
- 1‑acre site with 300 ft frontage on US‑1 in the Downtown S Expansion area
- City Council conditional use approval for micro brewpub & brick oven pizzeria
- Access on three sides: direct US‑1 frontage plus rear and side alley access
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.8k | $19.20 |
| − Vacancy | −$5.9k | −$1.44 |
| EGI | $72.9k | $17.76 |
| − OpEx | −$18.2k | −$4.44 |
| NOI | $54.6k | $13.32 |
