Four-Office Professional
125 W New Haven Avenue, Melbourne, FL 32901
For Sale
New
Contact for pricing
A lobby, kitchen area, and two private restrooms support a functional office layout.
Property Size4,816 SF
Price / SF$0.42
Days on Market7
Property Features for 125 W New Haven Avenue
General Information
Standard status
Size
Additional Details
Highway Access
Property Use
Amenities
private offices
private restrooms
kitchen space
lobby
Listing Agency:
Legacy Real Estate Group
(321) 574-5656
Listed By:
Stephanie Stepp
(321) 987-2196
Source:
Startbrevardsearch
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 8 at 5:27AM
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 Legacy Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,816-square-foot office suite is configured with four private offices, a lobby, kitchen space, and two private restrooms. The layout combines individual work areas with shared support space within a single professional setting.
The property is at 125 W New Haven Avenue in Melbourne, Florida. Its location is described as near major highways and transportation hubs, offering convenient access for employees and visitors.
The property is at 125 W New Haven Avenue in Melbourne, Florida. Its location is described as near major highways and transportation hubs, offering convenient access for employees and visitors.
Key Highlights
- Four private offices within a 4,816‑square‑foot suite
- Two private restrooms, plus kitchen space and a lobby
- 125 W New Haven Avenue location in Melbourne, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,536
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,310,720
$1.3M
Cap Rate 7%
$936,229
$936.2K
Cap Rate 9%
$728,178
$728.2K
Market Conditions
NOI Build-Up for 4,816 SF
Gross rent
$104.0K $21.60/SF
− Vacancy
−$16.6K −$3.46/SF
EGI
$87.4K $18.14/SF
− OpEx
−$21.8K −$4.54/SF
NOI
$65.5K $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%
$1,310,720
Cap Rate 7%
$936,229
Cap Rate 9%
$728,178
Alternative Uses
Best Use
Office B
$936.2K
$819.2K – $1.09M
NOI $65,536 @ 7.0% cap · market cap 3,276.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,942 @ 7.0% cap · market cap 4,447.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,177
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
$244,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Melbourne, FL
Properties on Market for Office Units in Melbourne
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A lobby, kitchen area, and two private restrooms support a functional office layout.
Where is this office unit located?
The property is located at 125 W New Haven Avenue Melbourne, FL.
What are key features of this property?
This property features: Four private offices within a 4,816‑square‑foot suite; Two private restrooms, plus kitchen space and a lobby; 125 W New Haven Avenue location in Melbourne, Florida
