Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1220 Prospect Ave Melbourne, FL 32901

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr ($1,942 /Mo)

    1800 SF office space near Downtown Melbourne and US-1.

    Property size:
    1,800 SF
    Lot size:
    0.52 Acres

    Property Features for 1220 Prospect Ave

    General Information

    Size
    1,800 SF
    Lot size
    0.52 Acres

    Source: The Ullian Realty Corporation Agent Zachary Ullian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Melbourne Office Space For Rent

    This 1800-square-foot office space is available for rent at a rate of $12.95 per square foot. The full-service gross lease includes electric (except for suite 288), water, sewer, trash, and common area janitorial services. The property is located near Downtown Melbourne and US-1, offering convenient access to the airport and I-95. The space was previously used as a technical/server room.
    Location Intelligence

    Current Use by Public Records

    Osceola Go Green ... Consultant The Energy Aid LLC Consultant Brevard Massage and Aroma ... Massage Therapist Captain Duster Cleaners Centro Espirita Amor ... Spiritist Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -80.6008167
    Latitude
    28.0745121

    Nearby Similar for Lease

    • $249,900
      1,152 SF

      Melbourne Office/Retail/Professional Building For Lease

      Professional services hub with high visibility and favorable layout.
      979 Croton Rd, Melbourne, FL 32935
      View Details
    • $1,185 /Mo
      4,464 SF

      Rockledge Commercial Space For Lease

      Commercial space for lease featuring private rooms and kitchen area.
      1311 S Highway 1, Melbourne, FL 32955
      View Details
    • $4,570 /Mo
      1,994 SF

      Medical/Professional Office in Brevard County

      Upscale medical/professional office condo in a mixed-use development.
      6549 N Wickham Rd, Melbourne, FL 32940
      View Details
    • $1,333 /Mo
      Pending

      Renovated Commercial Plaza on US-1

      Completely renovated commercial plaza with office and restaurant spaces available.
      503 N Harbor City Blvd, Melbourne, FL 32935
      View Details
    • $2,214 /Mo
      18,670 SF

      Retail Space in High-Traffic Plaza

      Prime retail space available in a high-traffic Melbourne shopping plaza.
      424 N Harbor City Blvd, Melbourne, FL 32935
      View Details
    • $3,000 /Mo
      52,000 SF

      Office and Warehouse Space Available

      2,400 SF flex space with office and warehouse components.
      2825 Business Center Blvd, Melbourne, FL 32940
      View Details

    FAQs

    What type of property is this?
    Office space - 1800 SF office space near Downtown Melbourne and US-1.
    Where is this office space located?
    The property is located at 1220 Prospect Ave Melbourne, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Full service gross lease at $12.95 PSF; - Great location near Downtown Melbourne and US-1; - Easy access to I-95
    (321) 750-3439
    Request Owner's contact information
    1220 Prospect Ave Melbourne, FL 32901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1220 Prospect Ave
    Melbourne, FL 32901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1220 Prospect Ave Melbourne, FL 32901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.