Office Space with Rear
1570 N Harbor City Boulevard Melbourne, FL 32935
1570 N Harbor City Boulevard, Melbourne, FL, 32935
$425,000
For Sale
$425,000
Office suite with 3+ offices, conference room, break room, bathroom, and shower, plus rear entry and six parking spaces.
Property Size1,509 SF
Price / SF$281.64
Days on Market119
Property Features for 1570 N Harbor City Boulevard
General Information
- Standard status
- Active
- Size
- 1,509 SF
Listing agency
Relentless Real Estate Co.
(321) 412-4021
Listed by
Jennifer Brown · License #3592570
(321) 412-4021
Source
Exprealty
Added: Mar 26 Updated: Jul 22 at 2:15AM Checked: Jul 22 at 2:15AM
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 Relentless Real Estate Co.
Investment Insights
Based on property information with market context.
This commercial office space is designed for day-to-day operations, offering 3+ offices along with a conference room, break room, bathroom, and a separate shower. The suite includes a rear entry for convenient access.
Positioned near the corner of US-1 and Eau Gallie in Melbourne, the property is in a high-traffic area and is supported by exceptional signage and street frontage for business visibility.
The property is zoned C-2 – General Commercial and includes convenient rear parking for six vehicles, making it practical for employees and visitors.
Positioned near the corner of US-1 and Eau Gallie in Melbourne, the property is in a high-traffic area and is supported by exceptional signage and street frontage for business visibility.
The property is zoned C-2 – General Commercial and includes convenient rear parking for six vehicles, making it practical for employees and visitors.
Key Highlights
- Commercial office suite with 3+ offices, plus a conference room and break room
- Includes a bathroom and a separate shower
- Rear entry with convenient rear parking for 6 vehicles
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 | $32.6k | $21.60 |
| − Vacancy | −$5.2k | −$3.46 |
| EGI | $27.4k | $18.14 |
| − OpEx | −$6.8k | −$4.54 |
| NOI | $20.5k | $13.61 |
1,509 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$293.3K
$256.7K – $342.2K
NOI $20,534 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$398.1K
$348.4K – $464.5K
NOI $27,868 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sterling Photo
Photography Service
Gulfstream Financial Services ...
Loan Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office suite with 3+ offices, conference room, break room, bathroom, and shower, plus rear entry and six parking spaces.
Where is this office units located?
The property is located at 1570 N Harbor City Boulevard Melbourne, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Commercial office suite with 3+ offices, plus a conference room and break room; Includes a bathroom and a separate shower; Rear entry with convenient rear parking for 6 vehicles
