Remodeled Office
For Sale
Contact for pricing
1033 Florida Avenue S Medoff, Rockledge, FL 32955
Modern commercial workspace with multiple private rooms, a reception area, dedicated parking, and C2 zoning.
Property Size3,100 SF
Price / SF$1.39
Days on Market92
Property Features for 1033 Florida Avenue S Medoff
General Information
Standard status
Active
Size
3,100 SF
Total Parking Spaces
45
Zoning
c2
Additional Details
Highway Access
Yes
Amenities
reception area
Building Details
Construction
concrete
Listing Agency:
Happy House Real Estate
(321) 749-7826
Listed By:
Patricia K Weeks · License #3081950
(321) 759-8563
Source:
Startbrevardsearch
Added: Jul 20
Changed: Oct 6
Last Checked: Oct 16 at 8:53AM
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 Happy House Real Estate
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 3,100-square-foot office property has been remodeled with contemporary finishes and a practical multi-room layout. The interior includes 8 private offices and a reception area, supported by solid concrete construction and 45 parking spaces.
The property is located at 1033 S Florida Avenue in Rockledge, one block from US1 and four blocks from Cocoa Village. C2 zoning adds a commercial land-use designation to the asset, while the combination of private offices, reception space, and on-site parking supports a range of professional office configurations.
The property is located at 1033 S Florida Avenue in Rockledge, one block from US1 and four blocks from Cocoa Village. C2 zoning adds a commercial land-use designation to the asset, while the combination of private offices, reception space, and on-site parking supports a range of professional office configurations.
Key Highlights
- 3,100‑square‑foot remodeled office property
- 8 private offices plus reception area
- 45 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,185
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,700
$843.7K
Cap Rate 7%
$602,643
$602.6K
Cap Rate 9%
$468,722
$468.7K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$67.0K $21.60/SF
− Vacancy
−$10.7K −$3.46/SF
EGI
$56.2K $18.14/SF
− OpEx
−$14.1K −$4.54/SF
NOI
$42.2K $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%
$843,700
Cap Rate 7%
$602,643
Cap Rate 9%
$468,722
Alternative Uses
Best Use
Office B
$602.6K
$527.3K – $703.1K
NOI $42,185 @ 7.0% cap · market cap 981.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$817.9K
$715.6K – $954.2K
NOI $57,251 @ 7.0% cap · market cap 1,331.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
13
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Modern commercial workspace with multiple private rooms, a reception area, dedicated parking, and C2 zoning.
Where is this office units located?
The property is located at 1033 Florida Avenue S Medoff Rockledge, FL.
What are key features of this property?
This property features: 3,100‑square‑foot remodeled office property; 8 private offices plus reception area; 45 parking spaces
