1281 Florida Ave S, Rockledge, FL
8,946 SF medical office building near Rockledge Regional Medical Center.
- Added:
- May 3, 2024
- Days on Market:
- 777
- Last Refresh:
- May 20 at 10:03 pm
Property Features for 1281 Florida Ave S
General Information
- Standard status
- Active
- Size
- 8,946 SF
- Lot size
- 1.06 Acres
- Property subtype
- OFFICE
Properties For Sale
at 1281 Florida Ave S Contact usListing agent Robert P. Beckner SIOR License #3494242 (321) 722-0707
Listing office Lightle Beckner Robison, Inc. (321) 722-0707
Listing date May 3, 2024
Source Moodyscre
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 Lightle Beckner Robison, Inc.
HighLights
- 8,946 SqFt medical office building ideal for owner‑user
- Located less than 1 mile from Rockledge Regional Medical Center
- Opportunity to remodel 3,000 SF vacancy for higher market rents
- Situated amongst other medical office buildings
- Direct frontage on Highway US‑1 provides great visibility
- Proximity to Rockledge High School provides a strong customer base
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.2k | $21.60 |
| − Vacancy | −$30.9k | −$3.46 |
| EGI | $162.3k | $18.14 |
| − OpEx | −$40.6k | −$4.54 |
| NOI | $121.7k | $13.61 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Rockledge Animal Clinic: Scinn Gregg DVM — 3035, 1934 s fiske blvd, rockledge, fl 32955
- Schroeck Veterinary Care — 1954 Rockledge Blvd #109, Rockledge, FL 32955
- Appling Amanda DVM — 1934 S Fiske Blvd, Rockledge, FL 32955
- Morse Benjamin a DVM — 1934 S Fiske Blvd, Rockledge, FL 32955
- Florida Affordable Veterinary Services — 1978 US-1 STE 105, Rockledge, FL 32955
Location Insight
- Map
- Local Demand
- City
- Rockledge
- County
- Brevard
- State
- Florida
- Longitude
- -80.729
- Latitude
- 28.3198