Retail Storefront with Highway
2814 S Harbor City Boulevard Melbourne, FL 32901
2814 S Harbor City Boulevard, Melbourne, FL, 32901
$449,000
For Sale
$449,000
SINGLE_FAMILY - Melbourne, FL
Property Size1,500 SF
Price / SF$299.33
Days on Market192
Property Features for 2814 S Harbor City Boulevard
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- , C-1
- Standard status
- Active
- APN
- 28371112K27
Taxes and HOA fees
- Tax Description
- RIVERVIEW HEIGHTS SUBD LOTS 7,8,9 E OF RR EX HWY R/W BLK K 2
Utilities
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Flooring type
- Terrazzo
- Building materials
- Block, Concrete
Listing Agency
Mac Evoy Real Estate Co
(772) 589-0400
2855 Ocean Dr Ste C6, Vero Beach, FL
Listed by
Carolyn E Mac Evoy · License #3149016
(772) 925-4791
Added: Jan 7 Checked: Jul 18 at 1:06 am
MLS# 293855
Copyright © 2026 Realtors Association of Indian River County. 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.
This for-sale retail storefront is a 1,500-square-foot CBS building featuring a newer roof, terrazzo floors, and strong interior lighting. The layout includes a large open front room plus two offices, with a vaulted ceiling and wood trim details. The back of the property has a thick concrete pad with an existing CBS wall enclosure, providing space that may accommodate expansion ideas. The building is fully fenced.
The property is positioned on a thriving continuation of US Highway 1/S Harbor City Blvd, with nearly 200 feet of highway frontage. Access is available directly from the highway or from the alley/Irwin Street behind, supported by side and rear parking.
Zoned C-1, the space should appeal to retailers or service users seeking a storefront configuration with dedicated office rooms and direct vehicular access. Its highway visibility and on-site parking layout can support day-to-day customer traffic needs, while the fenced yard and concrete pad offer additional flexibility for back-of-house use.
The property is positioned on a thriving continuation of US Highway 1/S Harbor City Blvd, with nearly 200 feet of highway frontage. Access is available directly from the highway or from the alley/Irwin Street behind, supported by side and rear parking.
Zoned C-1, the space should appeal to retailers or service users seeking a storefront configuration with dedicated office rooms and direct vehicular access. Its highway visibility and on-site parking layout can support day-to-day customer traffic needs, while the fenced yard and concrete pad offer additional flexibility for back-of-house use.
Key Highlights
- 200 ft of Highway Frontage on US Highway 1/S Harbor City Blvd with high traffic count.
- Located in an up and coming Opportunity Zone.
- 1500 sq ft CBS building with newer roof.
Local Financial Insights For 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 | $27.0k | $18.00 |
| − Vacancy | −$2.3k | −$1.53 |
| EGI | $24.7k | $16.47 |
| − OpEx | −$7.4k | −$4.94 |
| NOI | $17.3k | $11.53 |
1,500 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$247.1K
$216.2K – $288.2K
NOI $17,294 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$395.7K
$346.3K – $461.7K
NOI $27,702 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Septic Tank Cleaning
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Let's Plant It! — 724 E New Haven Ave, Melbourne, FL 32901
- Blossom House — 1003 E New Haven Ave, Melbourne, FL 32901
- Broom's Florist — 2542 S Harbor City Blvd, Melbourne, FL 32901
- Fleur des Champs — 820 E New Haven Ave #4, Melbourne, FL 32901
- Julie Miner Events — 905 E New Haven Ave #202, Melbourne, FL 32901
FAQs
What type of property is this?
Storefront property - CBS retail building on nearly 200 feet of highway frontage with parking access from both highway and alley.
Where is this storefront property located?
The property is located at 2814 S Harbor City Boulevard Melbourne, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 200 ft of Highway Frontage on US Highway 1/S Harbor City Blvd with high traffic count.; Located in an up and coming Opportunity Zone.; 1500 sq ft CBS building with newer roof.
