Multi-Suite Office Building with Loading
For Sale
Contact for pricing
166 Center Street #206-C, Cape Canaveral, FL 32920
A shared conference room and two elevator types support day-to-day tenant use.
Property Size59,976 SF
Price / SF$0.01
Days on Market447
Property Features for 166 Center Street #206-C
General Information
Standard status
Active
Size
59,976 SF
Elevators
Yes
Property subtype
Office
Additional Details
Property Use
Office
Amenities
common area conference room
loading dock
Building Details
Year Built
1967
Tenancy
Multi
Listing Agency:
Kovac Real Estate
Listed By:
Joe Kovac · License #3253209
(321) 544-2511
Source:
Mccoyfreeman
Added: Aug 14, 2025
Changed: Oct 29
Last Checked: Oct 29 at 2:45PM
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 Kovac Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 59,976-square-foot office building, completed in 1967, contains suites ranging from 200 to 5,000 square feet. Building amenities include passenger and freight elevators, a loading dock, and a conference room available to all tenants.
The property is in Cape Canaveral, 2 miles from Port Canaveral and SR 528, and 1 mile from the Cocoa Beach Pier.
The property is in Cape Canaveral, 2 miles from Port Canaveral and SR 528, and 1 mile from the Cocoa Beach Pier.
Key Highlights
- Office suites range from 200 to 5,000 square feet within a 59,976‑square‑foot building
- Passenger and freight elevators serve the building
- Loading dock supports shipping and receiving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$816,153
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,323,060
$16.3M
Cap Rate 7%
$11,659,329
$11.7M
Cap Rate 9%
$9,068,367
$9.1M
Market Conditions
NOI Build-Up for 59,976 SF
Gross rent
$1.30M $21.60/SF
− Vacancy
−$207.3K −$3.46/SF
EGI
$1.09M $18.14/SF
− OpEx
−$272.1K −$4.54/SF
NOI
$816.2K $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%
$16,323,060
Cap Rate 7%
$11,659,329
Cap Rate 9%
$9,068,367
Alternative Uses
Best Use
Office B
$11.66M
$10.20M – $13.60M
NOI $816,153 @ 7.0% cap · market cap 204,038.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.82M
$13.85M – $18.46M
NOI $1,107,637 @ 7.0% cap · market cap 276,909.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
Explore this area
Business Placement
Demographics for 32920, FL
9,984
Population
8,872
Households
1.1
Avg Household Size
58
Median Age
39%
College-Educated
96%
High-School Grad
24.8 sq mi
ZIP Area
403
Density / Sq Mi
$70,734
Median Household Income
$41,264
Median Earnings
$1,161
Median Rent
$323,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A shared conference room and two elevator types support day-to-day tenant use.
Where is this office unit located?
The property is located at 166 Center Street #206-C Cape Canaveral, FL.
What are key features of this property?
This property features: Office suites range from 200 to 5,000 square feet within a 59,976‑square‑foot building; Passenger and freight elevators serve the building; Loading dock supports shipping and receiving
