Office Suite with Private
For Sale
Contact for pricing
Pending
14 Suntree Place, Melbourne, FL 32940
Located in a professional complex, the suite has on-site signage and surface parking.
Property Size11,930 SF
Days on Market316
Property Features for 14 Suntree Place
General Information
Standard status
Pending
Size
11,930 SF
Total Parking Spaces
24
Property subtype
Office
Additional Details
Condition
Move-in Ready
Property Use
Office
Building Details
Year Built
1986
Tenancy
Multi
Listing Agency:
Compass Florida, LLC
(321) 214-8400
Listed By:
Bobby Freeman · License #3076980
(321) 693-1694
Source:
Mccoyfreeman
Added: Dec 19, 2025
Changed: Oct 29
Last Checked: Oct 29 at 2:52PM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
This 3,738-square-foot office suite is configured with a private reception area and is available for immediate occupancy. The building dates to 1986 and is part of a professional complex occupied by medical, administrative, and professional service tenants. The space can accommodate office, medical, administrative, or specialty uses.
The property is at the end of Suntree Boulevard in Melbourne, with access to major roadways and nearby residential and commercial areas. On-site features include signage and 24 surface parking spaces.
The property is at the end of Suntree Boulevard in Melbourne, with access to major roadways and nearby residential and commercial areas. On-site features include signage and 24 surface parking spaces.
Key Highlights
- 3,738‑square‑foot office suite
- Private reception area
- 24 surface parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,343
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,246,860
$3.2M
Cap Rate 7%
$2,319,186
$2.3M
Cap Rate 9%
$1,803,811
$1.8M
Market Conditions
NOI Build-Up for 11,930 SF
Gross rent
$257.7K $21.60/SF
− Vacancy
−$41.2K −$3.46/SF
EGI
$216.5K $18.14/SF
− OpEx
−$54.1K −$4.54/SF
NOI
$162.3K $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%
$3,246,860
Cap Rate 7%
$2,319,186
Cap Rate 9%
$1,803,811
Alternative Uses
Best Use
Office B
$2.32M
$2.03M – $2.71M
NOI $162,343 @ 7.0% cap · market cap 3,474.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.15M
$2.75M – $3.67M
NOI $220,323 @ 7.0% cap · market cap 4,715.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,023
Businesses Nearby
Explore this area
Business Placement
Demographics for 32940, FL
44,869
Population
21,433
Households
2.1
Avg Household Size
51
Median Age
52%
College-Educated
97%
High-School Grad
57.3 sq mi
ZIP Area
783
Density / Sq Mi
$106,511
Median Household Income
$56,072
Median Earnings
$1,904
Median Rent
$444,100
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 - Located in a professional complex, the suite has on-site signage and surface parking.
Where is this office unit located?
The property is located at 14 Suntree Place Melbourne, FL.
What are key features of this property?
This property features: 3,738‑square‑foot office suite; Private reception area; 24 surface parking spaces
