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Professional Office Condominium
New
For Sale
$749,000

3155 Suntree Boulevard, Rockledge, FL 32955

Commercial Sale, Rockledge, FL

Property Size2,500 SF
Lot Size0.18 Acres
Price / SF$299.60
Days on Market2

Property Features for 3155 Suntree Boulevard

General Information

Property type Residential
Property subtype Office
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features Parking Lot
Security features Security System
Directions US1 to Suntree Blvd., head West, location on South Side of Suntree Blvd.
Subdivision 216 - Viera/Suntree N of Wickham
Standard status Active
APN 26-36-13-de-00055.0-0007.02
Size 2,500 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description UNIT B101 SUNTREE PROFESSIONAL PARK COMMERCIAL CONDO AS DESC IN ORB 7893 PG 2563 & ALL AMENDMENTS THERETO
Tax Annual Amount 7922
HOA Fee $841 Monthly
Legal Description UNIT B101 SUNTREE PROFESSIONAL PARK COMMERCIAL CONDO AS DESC IN ORB 7893 PG 2563 & ALL AMENDMENTS THERETO

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2017
Number of units 1
Flooring type Carpet
Building materials Block, Concrete
Roof type Shingle
Listing Agency: Dale Sorensen Real Estate Inc.
Listed By: Jeremy T Silber
Added: Oct 18 Last Checked: Oct 19 at 3:06AM
MLS# 1090331

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.

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Investment Insights

Based on property information with market context.

This 2,500-square-foot office condominium, built in 2017, has a reception area, a front conference room, and 7 large office areas. A full kitchen and break room, along with a separate rear entrance, round out the interior. Construction includes block and concrete, with impact windows and doors, granite countertops, 8-foot solid interior doors, and carpet flooring.

The property is at 3155 Suntree Boulevard in Rockledge, within the Suntree/Viera market. Wickham Road and US 1 provide connections to surrounding communities. Public water and sewer serve the property.

Key Highlights

  • 2,500‑square‑foot office condominium built in 2017
  • 7 large office areas, plus a reception area and front conference room
  • Full kitchen/break room and separate rear entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,020
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,400 $680.4K
Cap Rate 7%
$486,000 $486.0K
Cap Rate 9%
$378,000 $378.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$54.0K $21.60/SF
− Vacancy
−$8.6K −$3.46/SF
EGI
$45.4K $18.14/SF
− OpEx
−$11.3K −$4.54/SF
NOI
$34.0K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,400
Cap Rate 7%
$486,000
Cap Rate 9%
$378,000

Alternative Uses

Best Use
Office B
$486.0K
$425.3K – $567.0K (±1% cap)
NOI $34,020 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$659.6K
$577.1K – $769.5K (±1% cap)
NOI $46,170 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Auto Parts Store Parking Lot & Garage

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

1
Office units

Location Intelligence

Trade Area within ½ mile

994
Businesses Nearby

Demographics for 32955, FL

40,275
Population
19,281
Households
2.1
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
791
Density / Sq Mi
$85,133
Median Household Income
$43,574
Median Earnings
$1,656
Median Rent
$327,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Office units - Seven office areas, a reception zone, conference room, and full kitchen support a range of workplace functions.
Where is this office units located?
The property is located at 3155 Suntree Boulevard Rockledge, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 2,500‑square‑foot office condominium built in 2017; 7 large office areas, plus a reception area and front conference room; Full kitchen/break room and separate rear entrance
More about this property
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