Listing Agency: D. Basile Real Estate, LLC d***@dbasile.com Show Phone

Listed By: Louie Polsinelli · License #3030685 Show Phone

Source: Exprealty

Added: Feb 7 Changed: Aug 21 Last Checked: Sep 5 at 9:24AM

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Investment Insights

Based on property information with market context.

Professional office suite located at 401 Ocean Ave, Suite 201B. The space is configured with a private office and an open work area designed to support multiple layouts, along with abundant natural light.

The suite is positioned on Ocean Avenue in Melbourne Beach, with proximity to major roadways, local businesses, and the beachside community.

Tenant pays electric, estimated at approximately $48.39 per month. Water and sewer are included in the rent.

Key Highlights

• Suite 201B professional office suite with private office and open work area
• Abundant natural light with flexible layout for multiple configurations
• Suitable for professional, medical/spa, or creative office use

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Hair Salon Law Firm Dental Office Big Box & Wholesale Store Nail Salon Electrical 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

Location Intelligence

Trade Area within ½ mile

298

Businesses Nearby

Explore this area Business Placement

Demographics for 32951, FL

11,525

Population

7,720

Households

1.5

Avg Household Size

61

Median Age

52%

College-Educated

97%

High-School Grad

8.1 sq mi

ZIP Area

1,423

Density / Sq Mi

$88,859

Median Household Income

$53,281

Median Earnings

$1,690

Median Rent

$495,700

Median Home Value

Market

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Suite 201B includes a private office and open work area with abundant natural light.

Where is this office units located?

The property is located at 201b-401 Ocean Ave Melbourne Beach, FL.

What is the lease rate?

The lease rate is $756/Mo.

What are key features of this property?

This property features: Suite 201B professional office suite with private office and open work area; Abundant natural light with flexible layout for multiple configurations; Suitable for professional, medical/spa, or creative office use