Office Condo
For Sale
$599,000
1917 S Harbor City Boulevard, Melbourne, FL 32901
Office condo unit for sale in Brevard County, sized at 1,624 square feet.
Property Size1,624 SF
Price / SF$368.84
Days on Market225
Property Features for 1917 S Harbor City Boulevard
General Information
Standard status
Active
Size
1,624 SF
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$7,875
Amenities
Columns, Meeting Room, Office, Showroom
Accessible Entrance, Accessible Approach with Ramp, Accessible Bedroom, Accessible Electrical and Environmental Controls, Accessible Hallway(s), Smart Technology, Visitable
Central Air, Electric
Central, Electric
Back Yard, Wood
Circular Driveway, Parking Lot
Building Details
Building Size
1,624 SF
Year Built
1959
Stories
1
Listing Agency:
Pineapple Farms LLC
Listed By:
Adam Warner
(321) 890-5314
Source:
Evrealestate
Added: Mar 18
Changed: Oct 26
Last Checked: Oct 28 at 7:42AM
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 Pineapple Farms LLC
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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
Estimated NOI and Cap Rate
NOI / Yr
$22,099
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,980
$442.0K
Cap Rate 7%
$315,700
$315.7K
Cap Rate 9%
$245,544
$245.5K
Market Conditions
NOI Build-Up for 1,624 SF
Gross rent
$35.1K $21.60/SF
− Vacancy
−$5.6K −$3.46/SF
EGI
$29.5K $18.14/SF
− OpEx
−$7.4K −$4.54/SF
NOI
$22.1K $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%
$441,980
Cap Rate 7%
$315,700
Cap Rate 9%
$245,544
Alternative Uses
Best Use
Office B
$315.7K
$276.2K – $368.3K
NOI $22,099 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$428.5K
$374.9K – $499.9K
NOI $29,992 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,729
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office condo unit for sale in Brevard County, sized at 1,624 square feet.
Where is this office unit 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 $599,000.
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
