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    708 Palmetto Ave Melbourne, FL 32901

    For Lease
    $1,700 /Mo ($16 SF/Yr)

    COMMERCIAL - Melbourne, FL

    Type:Office
    Property size:
    1,260 SF
    Lot size:
    0.16 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 708 Palmetto Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    Parking features
    On Street, Parking Lot, Garage
    Fencing
    Chain Link
    Accessibility
    Accessible Approach with Ramp
    Size
    1,260 SF
    Lot size
    0.16 Acres

    Utilities

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

    Building Details

    Year built
    1938
    Flooring type
    Wood
    Building materials
    Block, Stucco
    Roof type
    Metal

    Re/Max Aerospace Realty Inc. (321) 631-5511 [email protected]

    Listing agent Rick S Caplin (321) 631-5511

    Listing date Nov 21, 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

    Office Space Near Downtown

    This 1,260 square foot office space is located one block south of downtown Melbourne, Florida. The 0.16-acre property is suitable for various professional uses, including a doctor's office, insurance agency, or law firm. The property includes four parking spaces and a garage. The landlord may consider assistance with build-out.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waves The Salon Beauty Salon Blowdye Salon Beauty Salon

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.609001
    Latitude
    28.080421

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    FAQs

    What type of property is this?
    Office space - Office space for rent near downtown Melbourne, Florida.
    Where is this office space located?
    The property is located at 708 Palmetto Ave Melbourne, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: One block south of downtown; - Versatile office space suitable for various businesses; - Four dedicated parking spaces plus a garage
    (321) 631-5511
    Request Owner's contact information
    708 Palmetto Ave 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
    708 Palmetto Ave Melbourne, FL 32901
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