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    Flexible Small Office Building Title is generated by Realmo AI

    2299 Sarno Rd, Melbourne, FL 32935

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    For Sale
    $279,500

    Small freestanding office building offering adaptable suite configurations plus a detached garage for storage or added income.

    Property size:
    1,429 SF
    Price / SF:
    $195/SF
    Added:
    Sep 16, 2025
    Days on Market:
    280
    Last Refresh:
    Jun 20 at 6:01 am

    Property Features for 2299 Sarno Rd

    General Information

    Standard status
    Active
    Size
    1,429 SF

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    Listing Contact
    Donald DeLucas

    Listing agent Donald DeLucas

    Listing office S & D Realty Exchange, Inc.

    Listing date Sep 16, 2025

    Source Exprealty

    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 S & D Realty Exchange, Inc.

    HighLights

    • Small freestanding office building with adaptable layout: two‑office suite configuration or one single larger office (1429 SF)
    • Detached CBS garage (308 SF) for storage, work area, or possible additional rental income
    • Metal roof installed in 2023
    • 200 amp electric service upgrade completed in 2023
    • PVC plumbing upgrade in 2024, plus new flooring
    • A/C replaced in 2020; new damper system added in 2025

    Overview

    This for-sale property is a small office building with flexible interior options. It can be operated as a two-office suite configuration for separate use, or arranged as a single larger office setup. The building includes a detached CBS garage of approximately 308 square feet, which can support storage, a workshop or work area, or additional rental uses depending on tenant needs.

    Recent improvements support day-to-day functionality. The metal roof was installed in 2023, and the electrical system received a 200-amp service upgrade in 2023. Plumbing was upgraded in 2024 with new flooring, and the A/C was replaced in 2020 with damper system updates in 2025. The space is currently vacant and is described as easy to show, with listing agent availability noted for scheduling.

    For buyers, the configuration flexibility can suit different office user requirements, from separate team offices to a unified single-tenant arrangement. The detached garage adds practical space for equipment, overflow storage, or an optional secondary use consistent with small-area hobby, work, or storage needs. The seller also notes rental income potential in the available suite configuration, subject to buyer and tenant planning.

    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 $30.9k $21.60
    − Vacancy −$4.9k −$3.46
    EGI $25.9k $18.14
    − OpEx −$6.5k −$4.54
    NOI $19.4k $13.61
    1,429 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $277.8K
    $243.1K – $324.1K (±1% cap)
    NOI $19,446 @ 7.0% cap · market cap 6.96%
    Second Best
    Warehouse
    $140.7K
    $123.1K – $164.1K (±1% cap)
    NOI $9,846 @ 7.0% cap · market cap 3.52%
    Theoretical Best
    Office A
    $377.0K
    $329.9K – $439.9K (±1% cap)
    NOI $26,391 @ 7.0% cap · market cap 9.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    The Chacana Spiritual Center Physician Brooks Law Office ... Law Firm S&D Realty Exchange, ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.659117
    Latitude
    28.1213935

    FAQs

    What type of property is this?
    Office units - Small freestanding office building offering adaptable suite configurations plus a detached garage for storage or added income.
    Where is this office units located?
    The property is located at 2299 Sarno Rd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $279,500.
    What are key features of this property?
    This property features: Small freestanding office building with adaptable layout: two‑office suite configuration or one single larger office (1429 SF); Detached CBS garage (308 SF) for storage, work area, or possible additional rental income; Metal roof installed in 2023
    More about this property
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