Professional Office
3155 Suntree Boulevard 101, Rockledge, FL 32955
For Sale
$749,000
A reception area, conference room, seven work areas and a full break room support a flexible office layout.
Property Size2,500 SF
Price / SF$299.60
Days on Market23
Property Features for 3155 Suntree Boulevard 101
General Information
Standard status
Size
Property subtype
Additional Details
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Construction
Listing Agency:
Dale Sorensen Real Estate Inc.
Listed By:
Jeremy T Silber · License FL #3487027
(321) 723-9990
Source:
Inthehomezonerealty
Added: Oct 19
Changed: Nov 3
Last Checked: Nov 9 at 8:51AM
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 Dale Sorensen Real Estate Inc.
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Investment Insights
Based on property information with market context.
This 2,500-square-foot office condominium, built in 2017, pairs poured-concrete construction with impact-rated windows and doors. Inside, granite countertops and 8-foot solid interior doors complement a layout with a reception area, a large conference room and seven office areas. A full kitchen and break room, along with a separate rear entrance, round out the configuration.
Connections to Wickham Road and US 1 provide access for clients and employees across the surrounding communities. The combination of dedicated work areas and shared meeting and break spaces supports a range of professional office arrangements.
Connections to Wickham Road and US 1 provide access for clients and employees across the surrounding communities. The combination of dedicated work areas and shared meeting and break spaces supports a range of professional office arrangements.
Key Highlights
- Approximately 2,500 square feet in an office condominium
- Seven large office areas, reception space and a front conference room
- Poured‑concrete construction with impact windows and doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,155
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,100
$683.1K
Cap Rate 7%
$487,929
$487.9K
Cap Rate 9%
$379,500
$379.5K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$49.5K $19.80/SF
− Vacancy
−$4.0K −$1.58/SF
EGI
$45.5K $18.22/SF
− OpEx
−$11.4K −$4.55/SF
NOI
$34.2K $13.66/SF
Area
Brevard County, FL
Vacancy
8.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,100
Cap Rate 7%
$487,929
Cap Rate 9%
$379,500
Alternative Uses
Best Use
Office B
$487.9K
$426.9K – $569.3K
NOI $34,155 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$729.0K
$637.9K – $850.5K
NOI $51,030 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
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Business Placement
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
$327,000
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Brevard County, FL
Properties on Market for Office Units in Brevard County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area, conference room, seven work areas and a full break room support a flexible office layout.
Where is this office unit located?
The property is located at 3155 Suntree Boulevard 101 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: Approximately 2,500 square feet in an office condominium; Seven large office areas, reception space and a front conference room; Poured‑concrete construction with impact windows and doors
