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Indialantic Office Space For Lease
For Lease
$4,416/Mo

244 5th Ave, Indialantic, FL 32903

3,374 SF office space in the heart of Indialantic.

Space SizeContact for details
Lot Size0.92 Acres
Days on Market922

Property Features for 244 5th Ave

General Information

Standard status Active
Lot size 0.92 Acres

Taxes and HOA fees

Annual Taxes $29,651
Listing Agency: The Ullian Realty Corporation
Listed By: Zachary Michael Ullian · License #3445627
Source: Exprealty
Added: Feb 12, 2024 Changed: Aug 21 Last Checked: Aug 21 at 11:07AM

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 The Ullian Realty Corporation

Investment Insights

Based on property information with market context.

This 3,374 SF office space is available for lease in Indialantic. Located on the second floor, the unit features 6 offices, 1 conference room, a break area, and 3 restrooms. The interior includes a drop ceiling and benefits from ample natural light due to numerous windows. The property has 45 common paved and striped parking spaces. Zoned Commercial (C), the property is suitable for office, retail, medical, and other uses. The location on Fifth Avenue provides frontage and sees an estimated 19,300 vehicles per day. Situated approximately halfway between the Atlantic Ocean and the Indian River Lagoon, the property connects Highway A1A, Riverside Drive, and the Melbourne Causeway. Nearby employers include Indialantic Elementary, Hoover Middle School, and Village Market.

Key Highlights

  • 3,374 SF office space in a central Indialantic location.
  • Zoning allows for Office, Retail, Medical, and more.
  • High traffic count of approximately 19,300 VPD on Fifth Avenue.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Electrical Service HVAC Service Daycare Center Garden Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.36 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

853
Businesses Nearby

Demographics for 32903, FL

13,880
Population
7,469
Households
1.9
Avg Household Size
52
Median Age
51%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
3,856
Density / Sq Mi
$101,549
Median Household Income
$55,718
Median Earnings
$1,700
Median Rent
$495,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 3,374 SF office space in the heart of Indialantic.
Where is this office units located?
The property is located at 244 5th Ave Indialantic, FL.
What is the lease rate?
The lease rate is $4,416/Mo.
What are key features of this property?
This property features: 3,374 SF office space in a central Indialantic location.; Zoning allows for Office, Retail, Medical, and more.; High traffic count of approximately 19,300 VPD on Fifth Avenue.
More about this property
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