Small Office Building with
2299 Sarno Road, Melbourne, FL 32935
SINGLE_FAMILY - Melbourne, FL
Type:Office
Property size:
1,429 SFLot size:
0.15 AcresPrice / SF:
$195/SF- Added:
- Sep 15, 2025
- Days on Market:
- 287
- Last Refresh:
- Jun 28 at 10:06 pm
Property Features for 2299 Sarno Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Parking Lot, Off Street
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 27-37-19-75-0000a.0-0018.00
- Size
- 1,429 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 2920
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Carpet
- Building materials
- Block, Concrete, Frame, Stucco
- Roof type
- Metal
Listing agent Donald DeLucas (321) 223-5046
Listing office S & D Realty Exchange, Inc. 2299 Sarno Road Ste A, Melbourne, FL (321) 242-9299
Listing date Sep 15, 2025
MLS# 1057241
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
- Small office building with flexible layout: two‑office suite configuration or one single larger office set‑up (1429 SF).
- Free‑standing CBS garage adds extra space (308 SF) for storage, work area, or potential additional rental income.
- Metal roof installed in 2023; 200 amp electric service upgraded in 2023.
- PVC plumbing upgrade in 2024 and new flooring; A/C replaced in 2020 with a new damper system in 2025.
- Public water and public sewer; chain‑link fencing and off‑street parking with a parking lot.
Overview
This small office building offers a flexible interior setup designed to accommodate either a two-office suite arrangement or a single, larger office configuration totaling 1,429 square feet. The property is currently vacant and available for viewing with ease. A free-standing CBS garage adds functional space for storage, a work area, or possible additional rental use, providing 308 square feet of enclosed area. Recent upgrades include a metal roof installed in 2023, an electric 200-amp service upgrade in 2023, and PVC plumbing upgrades completed in 2024 along with new flooring. The HVAC system was replaced in 2020, with a new damper system added in 2025.
The building is located at 2299 Sarno Road in Melbourne, Florida. The combination of office space and detached garage makes the property practical for owners seeking workspace that can support separate areas of use.
For tenants and buyers, the primary value is the adaptability of the office layout, which can be used as two distinct offices or consolidated into one larger space depending on business needs. The detached garage can support hands-on operations requiring extra storage or equipment staging, and it may also be considered as additional revenue-producing space if you plan for an ancillary use. With multiple recent capital improvements in place, the property is positioned for straightforward occupancy planning.
The building is located at 2299 Sarno Road in Melbourne, Florida. The combination of office space and detached garage makes the property practical for owners seeking workspace that can support separate areas of use.
For tenants and buyers, the primary value is the adaptability of the office layout, which can be used as two distinct offices or consolidated into one larger space depending on business needs. The detached garage can support hands-on operations requiring extra storage or equipment staging, and it may also be considered as additional revenue-producing space if you plan for an ancillary use. With multiple recent capital improvements in place, the property is positioned for straightforward occupancy 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
NOI $19,446 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.0K
$329.9K – $439.9K
NOI $26,391 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
The Chacana Spiritual Center
Physician
Brooks Law Office ...
Law Firm
S&D Realty Exchange, ...
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.65912
- Latitude
- 28.121383
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Flexible office layout plus a detached garage supports multiple tenant or work-space configurations.
Where is this office building located?
The property is located at 2299 Sarno Road 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 office building with flexible layout: two‑office suite configuration or one single larger office set‑up (1429 SF).; Free‑standing CBS garage adds extra space (308 SF) for storage, work area, or potential additional rental income.; Metal roof installed in 2023; 200 amp electric service upgraded in 2023.
