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Office Units with Build-Out Support

1605 Lake Street, Melbourne, FL 32901

For Lease
New
$2,200/Mo

Commercial Lease, Melbourne, FL

Space SizeContact for details
Lot Size1.46 Acres
Days on Market3

Property Features for 1605 Lake Street

General Information

Property type Commercial Lease
Property subtype Office
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 1
Parking features Parking Lot
Subdivision W T Wells Map No 4
Directions From I-95, take Exit 180 and head east on US-192 (New Haven Ave). Turn right onto Babcock St., then left onto Lake St.
Standard status Active
APN 28-37-03-ff-0000l.0-0006.00
Size 24,850 SF
Lot size 1.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description W T WELLS MAP NO 4 LOTS 6,7,10,11,14,15,17,18 BLK L
Legal Description W T WELLS MAP NO 4 LOTS 6,7,10,11,14,15,17,18 BLK L

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2007
Floors in Building 2
Number of units 1
Flooring type Vinyl, Carpet
Listing Agency: Waterman Real Estate Inc.
Listed By: Meili Viera Porter · License #3215665
Added: Nov 5 Last Checked: Nov 7 at 4:06AM
MLS# 1091618

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Office space is offered within a 24,850-square-foot property on 1.46 acres. The landlord will install a dividing wall to separate the units, supporting a layout tailored to the leased space. Interior finishes include vinyl and carpet flooring, with central heating and air conditioning.

The property has a parking lot with five designated spaces and access to three bathrooms. Public water and sewer serve the site.

Key Highlights

  • 24,850‑square‑foot office property on 1.46 acres
  • Landlord will cover installation of a dividing wall between units
  • Access to three bathrooms and five designated parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Magnus High-Tech Industries Industrial Manufacturer

Suggested Use

Top Pick Storage Facility Electrical Service Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store Catering Service

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
$0.16 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,757
Businesses Nearby

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
View Realmo Analytics

Market

Lease Benchmarks for Melbourne, FL

$18.61 /SF/Yr
Avg Asking Price
$1.61–$47.11 /SF/Yr
Price Range
14,825 SF
Avg Space Size

This space is priced 94% below the average of $18.61 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Melbourne, FL

$14.28 Jul
$18.91 Aug
$18.15 Sep
$18.26 Oct

Properties on Market for Office Units in Melbourne

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Tenants have access to three bathrooms and five designated parking spaces, with the landlord covering installation of a dividing wall.
Where is this office unit located?
The property is located at 1605 Lake Street Melbourne, FL.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: 24,850‑square‑foot office property on 1.46 acres; Landlord will cover installation of a dividing wall between units; Access to three bathrooms and five designated parking spaces
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