Listing Agency: Fraser Group, Inc Show Phone

Listed By: spc.rets.spc.702955 Show Phone

Source: Exprealty

Added: Jul 6 Changed: Aug 29 Last Checked: Aug 29 at 2:09PM

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Investment Insights

Based on property information with market context.

This second-floor office unit provides an open interior layout with its own bathroom and air conditioning. The property size is listed at 8,746 square feet, while the available office area is described as currently wide open. The landlord maintains the air-conditioning system, and water service is included.

Located at 209-321 Ocean Ave in Melbourne Beach, the office is near several restaurants, with both the beach and river within a block. Its position at an intersection adds a convenient setting for office users seeking access to nearby dining and waterfront surroundings.

Key Highlights

• Second‑floor office unit with an open interior layout
• Own bathroom and air‑conditioning system
• Landlord maintains the air conditioning

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Hair Salon Dental Office Restaurant Law Firm

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

$0.33 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

314

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

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Frequently Asked Questions

What type of property is this?

Office units - Open workspace includes a private restroom, air conditioning, and water service.

Where is this office units located?

The property is located at 209-321 Ocean Ave Melbourne Beach, FL.

What is the lease rate?

The lease rate is $1,578/Mo.

What are key features of this property?

This property features: Second‑floor office unit with an open interior layout; Own bathroom and air‑conditioning system; Landlord maintains the air conditioning