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    653 E University Blvd Melbourne, FL 32901

    For Sale
    $1,280,000

    COMMERCIAL - Melbourne, FL

    Property size:
    2,600 SF
    Lot size:
    0.62 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 653 E University Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    28-37-10-00-00757.0-0000.00
    Parking features
    Parking Lot
    Size
    2,600 SF
    Lot size
    0.62 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1980
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Brick, Concrete, Frame, Stucco
    Roof type
    Flat

    America East Realty, Inc. (321) 720-1194 [email protected]

    Listing agent Hazel J Buggs (321) 720-1194

    Listing date Oct 22, 2025

    Copyright © 2025 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.

    Overview

    Melbourne Gas Station and Store

    This commercial property, currently operating as a convenience store and gas station, presents a business opportunity in Melbourne, Florida. The 2,600-square-foot property is situated on a 0.62-acre lot and is located approximately 3/4 miles from the Florida Institute of Technology University and Downtown Melbourne, in the South Melbourne Community. The property is zoned C-1 Neighborhood Zoning Commercial, which allows for residential development, office, medical, and retail uses. Located on East University Boulevard, the site benefits from a well-traveled main corridor. According to City of Melbourne estimates, the location sees approximately 10,000 or more vehicles passing per day. The property services the surrounding neighborhood and represents a prosperous business. Financial information is available upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    University Food Mart Grocery Store bp Car Wash U-Mart Auto Repair Shop

    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
    -80.610055
    Latitude
    28.063324

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    FAQs

    What type of property is this?
    Gas station - Operating gas station and convenience store near Florida Institute of Technology.
    Where is this gas station located?
    The property is located at 653 E University Blvd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $1,280,000.
    What are key features of this property?
    This property features: - Functioning convenience store and gas station business included with real estate sale.; - High-traffic location with approximately 10,000+ vehicles passing daily (buyer to verify).; - Flexible C-1 Neighborhood Zoning Commercial allows for residential, office, medical, and retail development.
    (321) 720-1194
    Request Owner's contact information
    653 E University Blvd 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
    653 E University Blvd Melbourne, FL 32901
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