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Flex Space with Three-Phase Power

255 East Drive #Suite F, Melbourne, FL 32904

For Lease
$1,250/Mo

A mix of enclosed offices and open work areas supports varied business layouts.

Space SizeContact for details
Days on Market571

Property Features for 255 East Drive #Suite F

General Information

Standard status Active

Additional Details

Space Use Office
Utilities to Site Yes
Three-Phase Power Yes

Taxes and HOA fees

Annual Taxes $17,526

Amenities

3-phase power

Building Details

Year Built 1984
Listing Agency: Steven Shull
Listed By: Steven Shull · License FL #3087265
Source: Imperviousrealestate
Added: Apr 21, 2025 Changed: Nov 11 Last Checked: Nov 11 at 6:14PM

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 Steven Shull

Rey
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Investment Insights

Based on property information with market context.

This flex-space suite combines multiple private offices with larger open areas, allowing for a range of workspace configurations. Three-phase power is installed, and the building dates to 1984.

Located at 255 East Drive in Melbourne, the property is offered for rent.

Key Highlights

  • Three‑phase power
  • Multiple private offices paired with open work areas
  • Built in 1984

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Canaveral Mineral & Gem ... Community Center Silver Engineering Inc Engineer Dedicated IT Tech Support Center Livication Media Distribution FPEA High School

Suggested Use

Top Pick Restaurant Law Firm Pharmacy (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32904, FL

35,399
Population
15,117
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
217.1 sq mi
ZIP Area
163
Density / Sq Mi
$86,943
Median Household Income
$42,451
Median Earnings
$1,763
Median Rent
$334,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Melbourne, FL

$13.59 /SF/Yr
Avg Asking Price
$2.19–$22.65 /SF/Yr
Price Range
5,531 SF
Avg Space Size

Average Price Trend$/SF/Yr for Flex space in Melbourne, FL

$14.97 Jul
$12.92 Aug
$13.62 Sep
$13.29 Oct

Properties on Market for Flex space in Melbourne

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A mix of enclosed offices and open work areas supports varied business layouts.
Where is this flex space located?
The property is located at 255 East Drive #Suite F Melbourne, FL.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: Three‑phase power; Multiple private offices paired with open work areas; Built in 1984
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