Office Condominium with Conference
For Sale
$749,000
101-3155 Suntree Blvd, Rockledge, FL 32955
Seven office areas, a reception area, and a separate rear entrance support a flexible professional workspace.
Property Size2,500 SF
Price / SF$299.60
Days on Market19
Property Features for 101-3155 Suntree Blvd
General Information
Standard status
Active
Size
2,500 SF
Taxes and HOA fees
Annual Taxes
$7,921
Listing Agency:
Dale Sorensen Real Estate Inc.
(321) 723-9990
Listed By:
Jeremy T Silber · License #3487027
(321) 353-9864
Source:
Exprealty
Added: Oct 18
Changed: Oct 29
Last Checked: Nov 4 at 3:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dale Sorensen Real Estate Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium offers approximately 2,500 square feet arranged around seven office areas, a reception space, and a large conference room. A full kitchen and break room provide an additional shared area, while a separate rear entrance supports convenient access. Interior details include granite countertops and 8-foot solid doors; poured-concrete construction and impact-rated windows and doors are also present.
The property is in the Suntree/Viera market, with connections to Wickham Road and US 1. The layout combines private work areas with spaces for arrivals, meetings, and staff use.
The property is in the Suntree/Viera market, with connections to Wickham Road and US 1. The layout combines private work areas with spaces for arrivals, meetings, and staff use.
Key Highlights
- Approximately 2,500 square feet
- Seven large office areas, reception space, and a spacious front conference room
- Poured‑concrete construction with impact windows and doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,020
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,400
$680.4K
Cap Rate 7%
$486,000
$486.0K
Cap Rate 9%
$378,000
$378.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$54.0K $21.60/SF
− Vacancy
−$8.6K −$3.46/SF
EGI
$45.4K $18.14/SF
− OpEx
−$11.3K −$4.54/SF
NOI
$34.0K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,400
Cap Rate 7%
$486,000
Cap Rate 9%
$378,000
Alternative Uses
Best Use
Office B
$486.0K
$425.3K – $567.0K
NOI $34,020 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$659.6K
$577.1K – $769.5K
NOI $46,170 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
Explore this area
Business Placement
Demographics for 32955, FL
40,275
Population
19,281
Households
2.1
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
791
Density / Sq Mi
$85,133
Median Household Income
$43,574
Median Earnings
$1,656
Median Rent
$327,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Seven office areas, a reception area, and a separate rear entrance support a flexible professional workspace.
Where is this office unit located?
The property is located at 101-3155 Suntree Blvd Rockledge, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Approximately 2,500 square feet; Seven large office areas, reception space, and a spacious front conference room; Poured‑concrete construction with impact windows and doors
