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Multi-Office Office Suite

540 N Harbor City Boulevard Melbourne, FL 32935

540 N Harbor City Boulevard, Melbourne, FL, 32935
$539,600
For Sale
Claim this Listing
$539,600

COMMERCIAL - Melbourne, FL

Property Size1,857 SF
Lot Size0.39 Acres
Price / SF$290.58
AddedOct 21, 2025
Days on Market268
Last RefreshJul 15 at 6:06 am

Property Features for 540 N Harbor City Boulevard

General Information

Property type
Commercial Sale
Property subtype
Office
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Parking Lot
Security features
Security System
Standard status
Active
APN
27-37-21-76-5-1
Size
1,857 SF
Lot size
0.39 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
4440

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Water front features
Creek
Water front
1

Building Details

Year built
1952
Floors in Building
1
Number of units
1
Flooring type
Carpet, Laminate
Building materials
Block, Concrete
Roof type
Tar/Gravel, Flat

Listing agent Alison Mannting License #3369290

Listing office HomeSmart Coastal Realty 1680 Hwy A1A #5, Satellite Beach, FL

Listing date Oct 21, 2025

MLS# 1060150

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.

This office suite is configured with five separate offices and conference space, along with a sizable open receptionist work area and a good-size waiting room. The layout includes two bathrooms, with one on each side of the office, supporting flexible day-to-day use. Two separate entrances provide additional access options.

The property includes a large parking lot and is located on US 1 with a very high traffic count, supporting visibility and convenient customer access.

For sale and sized at 1,857 square feet, the space is well suited for professional office operations requiring multiple rooms and dedicated reception and waiting areas.

Key Highlights

  • 1952‑built office with block and concrete construction
  • US 1 frontage with high traffic count
  • Large parking lot with parking lot parking

Local Financial Insights For Office B

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 $40.1k $21.60
− Vacancy −$6.4k −$3.46
EGI $33.7k $18.14
− OpEx −$8.4k −$4.54
NOI $25.3k $13.61
1,857 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$361.0K
$315.9K – $421.2K (±1% cap)
NOI $25,270 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$489.9K
$428.7K – $571.6K (±1% cap)
NOI $34,295 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Michael Poe Law Law Firm

Suggested Use

Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith

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

FAQs

What type of property is this?
Office building - Office suite features five separate offices, conference space, reception area, waiting room, and two separate entrances.
Where is this office building located?
The property is located at 540 N Harbor City Boulevard Melbourne, FL.
What is the asking price?
The asking price for this property is $539,600.
What are key features of this property?
This property features: 1952‑built office with block and concrete construction; US 1 frontage with high traffic count; Large parking lot with parking lot parking
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More about this property
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