315 E Strawbridge Avenue Melbourne, FL 32901
SINGLE_FAMILY - Melbourne, FL
Property Features for 315 E Strawbridge Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Guest, Parking Lot
- Fencing
- Fenced, Privacy
- Standard status
- Active
- APN
- 28-37-03-33-00002.0-0002.00
- Size
- 1,496 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WELLS MAP NO 3 N 60 FT OF LOTS 2,3 ALL LOT 6 BLK 2 EX HWY R/W
- Tax Annual Amount
- 4837
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile
- Building materials
- Block, Concrete
- Roof type
- Membrane
Listing agent Anthony M Romero License #695178 (321) 917-7450
Listing office LIV Signature Real Estate, LLC 540 Montreal Ave, Melbourne, FL (321) 241-4429
Listing date Jan 16, 2026
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.
Investment Insights
Based on property information with market context.
The property is located in downtown Melbourne, positioned on US-192 with approximately 200 feet of highway frontage. Six dedicated parking spaces are available, including one ADA space.
The building is described as turnkey and is listed with C-1 zoning, supporting a range of commercial uses within the C-1 classification.
Key Highlights
- 1,492 SF standalone medical office with lobby, expansive reception, three private offices, and remodeled restrooms
- C‑1 zoning for versatile commercial use
- Approx. 200 ft of highway frontage on US‑192 with parking lot and 6 dedicated spaces (including 1 ADA)
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 | $32.3k | $21.60 |
| − Vacancy | −$5.2k | −$3.46 |
| EGI | $27.1k | $18.14 |
| − OpEx | −$6.8k | −$4.54 |
| NOI | $20.4k | $13.61 |
Alternative Uses
Property Analytics
Current Use by Public Records
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