Listing Agency: D. Basile Real Estate, LLC r***@yahoo.com Show Phone

Listed By: Renee Andrea Rader · License #3425937 Show Phone

Source: Exprealty

Added: Jul 24 Changed: Aug 12 Last Checked: Aug 13 at 10:13AM

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Investment Insights

Based on property information with market context.

This second-floor office unit offers an open layout suited to a range of business configurations, along with an updated restroom. Elevator service provides access to the space, and a large parking lot supports visitors and patrons.

The property is located at 217-1600 Sarno Rd in Melbourne, Florida.

Key Highlights

• Second‑floor office unit with open floorplan
• Updated restroom
• Elevator access to the second floor

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Pharmacy Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service Wine and Liquor Store

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

981

Businesses Nearby

Explore this area Business Placement

Demographics for 32935, FL

41,837

Population

20,338

Households

2.1

Avg Household Size

44

Median Age

28%

College-Educated

94%

High-School Grad

13.1 sq mi

ZIP Area

3,194

Density / Sq Mi

$63,841

Median Household Income

$38,094

Median Earnings

$1,404

Median Rent

$240,500

Median Home Value

Market

Lease Benchmarks for Melbourne, FL

$14.74 /SF/Yr

Avg Asking Price

$1.61–$31 /SF/Yr

Price Range

10,483 SF

Avg Space Size

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

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Frequently Asked Questions

What type of property is this?

Office units - Open-plan workspace with an updated restroom, elevator access, and substantial on-site parking.

Where is this office units located?

The property is located at 217-1600 Sarno Rd Melbourne, FL.

What is the lease rate?

The lease rate is $1,126/Mo.

What are key features of this property?

This property features: Second‑floor office unit with open floorplan; Updated restroom; Elevator access to the second floor