Class A Office
For Sale
Contact for pricing
1160 Broadband Drive F2, Melbourne, FL 32901
Open-plan office space with a private kitchenette and flexible layout potential.
Property Size2,892 SF
Price / SF$1.31
Days on Market95
Property Features for 1160 Broadband Drive F2
General Information
Standard status
Active
Size
2,892 SF
Class
Class A
Amenities
private kitchenette
Listing Agency:
Tyche Realty LLC
(321) 693-3480
Listed By:
Stefanie Lattner · License #BK3262067
(321) 435-3200
Source:
Startbrevardsearch
Added: Jul 20
Changed: Oct 12
Last Checked: Oct 20 at 8:15PM
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 Tyche Realty LLC
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Investment Insights
Based on property information with market context.
This Class A office suite provides 2,892 square feet of open, adaptable workspace within a professional office park. The existing configuration gives an occupant flexibility to plan a business-specific layout, while a private kitchenette adds practical support space for daily operations.
The property is located at 1160 Broadband Drive, F2, in Melbourne, Florida, within the area’s high-tech and healthcare corridors. The office park includes medical professionals, wealth managers, aesthetics practices, real estate firms, and technology companies, and the suite offers access to major roadways.
The property is located at 1160 Broadband Drive, F2, in Melbourne, Florida, within the area’s high-tech and healthcare corridors. The office park includes medical professionals, wealth managers, aesthetics practices, real estate firms, and technology companies, and the suite offers access to major roadways.
Key Highlights
- 2,892‑square‑foot Class A office suite
- Open, flexible space suitable for a customized layout
- Private kitchenette included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,354
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,080
$787.1K
Cap Rate 7%
$562,200
$562.2K
Cap Rate 9%
$437,267
$437.3K
Market Conditions
NOI Build-Up for 2,892 SF
Gross rent
$62.5K $21.60/SF
− Vacancy
−$10.0K −$3.46/SF
EGI
$52.5K $18.14/SF
− OpEx
−$13.1K −$4.54/SF
NOI
$39.4K $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%
$787,080
Cap Rate 7%
$562,200
Cap Rate 9%
$437,267
Alternative Uses
Best Use
Office B
$562.2K
$491.9K – $655.9K
NOI $39,354 @ 7.0% cap · market cap 1,040.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$763.0K
$667.6K – $890.2K
NOI $53,409 @ 7.0% cap · market cap 1,412.19%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
842
Businesses Nearby
Explore this area
Business Placement
Demographics for 32901, FL
26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Open-plan office space with a private kitchenette and flexible layout potential.
Where is this office unit located?
The property is located at 1160 Broadband Drive F2 Melbourne, FL.
What are key features of this property?
This property features: 2,892‑square‑foot Class A office suite; Open, flexible space suitable for a customized layout; Private kitchenette included
