Office Condo
1917 S Harbor City Boulevard Melbourne, FL 32901
For Sale
$624,987
Office condo unit for sale in Brevard County, sized at 1,624 square feet.
Property Size1,624 SF
Price / SF$384.84
Days on Market129
Property Features for 1917 S Harbor City Boulevard
General Information
- Standard status
- Active
- Size
- 1,624 SF
Building Details
- Year Built
- 1959
Listing Agency:
(321) 890-5314
Listed By:
Adam Warner
(321) 890-5314
Source:
Evrealestate
Added: Mar 18
Changed: Jul 22
Last Checked: Jul 24 at 8:09AM
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 Adam Warner
Investment Insights
Based on property information with market context.
This for-sale office condo unit is offered as part of the Office Units/Office Spaces property type. The property is listed with a total size of 1,624 square feet.
Located in Brevard County, the address is 1917 S Harbor City Boulevard in Melbourne, Florida.
The offering is specifically for an office condo unit, providing a defined space within the broader commercial real estate asset category.
Located in Brevard County, the address is 1917 S Harbor City Boulevard in Melbourne, Florida.
The offering is specifically for an office condo unit, providing a defined space within the broader commercial real estate asset category.
Key Highlights
- Office condo unit for sale in Brevard County, 1,624 SF
- Central air and electric heating
- Year built: 1959
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 | $35.1k | $21.60 |
| − Vacancy | −$5.6k | −$3.46 |
| EGI | $29.5k | $18.14 |
| − OpEx | −$7.4k | −$4.54 |
| NOI | $22.1k | $13.61 |
1,624 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$315.7K
$276.2K – $368.3K
NOI $22,099 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$428.5K
$374.9K – $499.9K
NOI $29,992 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bob Lancaster Insurance
Insurance Agency
Hera Property Registry
Corporate Office
Lancaster Insurance Agency
Insurance Agency
FAQs
What type of property is this?
Office units - Office condo unit for sale in Brevard County, sized at 1,624 square feet.
Where is this office units located?
The property is located at 1917 S Harbor City Boulevard Melbourne, FL.
What is the asking price?
The asking price for this property is $624,987.
What are key features of this property?
This property features: Office condo unit for sale in Brevard County, 1,624 SF; Central air and electric heating; Year built: 1959
