2015 Waverly Place, Melbourne, FL 32901
COMMERCIAL - Melbourne, FL
- Added:
- Jul 16, 2025
- Days on Market:
- 348
- Last Refresh:
- Jun 28 at 10:06 pm
Property Features for 2015 Waverly Place
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 28-37-03-82-00046.0-0006.00
- Size
- 13,765 SF
- Lot size
- 0.77 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 26099
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1953
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile, Carpet
- Building materials
- Block
- Roof type
- Rolled Hot Mop
Listing agent Anthony M Romero License #695178 (321) 917-7450
Listing office LIV Signature Real Estate, LLC 540 Montreal Ave, Melbourne, FL (321) 241-4429
Listing date Jul 16, 2025
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.
HighLights
- 13,765‑square‑foot commercial building built in 1953 with block construction
- Remodeled in 2016 with new electrical systems and new A/C units
- Hurricane‑impact windows and doors
- Includes separated showrooms, office space, a fully equipped kitchen, and warehouse areas with a loading dock
- Sits on a 0.77‑acre lot spanning a full city block with dual access from Waverly Place and Vernon Place
- Public water and public sewer; roof is rolled hot mop; parking is via parking lot
Overview
Set on a 0.77-acre lot that spans a full city block in Downtown Melbourne, the building provides dual access from Waverly Place and Vernon Place. The property also benefits from abundant parking, supporting tenant and customer needs across the various components of the building.
For buyers seeking a versatile owner-occupied or multi-tenant setup, this configuration allows different teams or uses to operate within the same facility while still maintaining practical separation between showrooms, offices, and warehouse space. The presence of a loading dock and dedicated interior kitchen space can support both administrative and operational workflow. The sale includes the real estate only.
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 | $297.3k | $21.60 |
| − Vacancy | −$47.6k | −$3.46 |
| EGI | $249.8k | $18.14 |
| − OpEx | −$62.4k | −$4.54 |
| NOI | $187.3k | $13.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.607533
- Latitude
- 28.077786
