Mixed-Use Oceanfront Retail and
For Sale
$1,585,000
3270 Highway A1a, Melbourne, FL 32951
Multi-tenant building with retail income and flexible space for office, medical, and service users near A1A.
Property Size7,110 SF
Lot Size0.53 Acres
Price / SF$222.93
Days on Market156
Property Features for 3270 Highway A1a
General Information
Standard status
Active
Size
7,110 SF
Lot size
0.53 Acres
Taxes and HOA fees
Annual Taxes
$13,209
Building Details
Tenancy
Multi
Listing Agency:
Realty World Curri Properties
(321) 259-1003
Listed By:
Karen DAlberto · License #3262751
(321) 622-3196
Source:
Exprealty
Added: May 5
Changed: Sep 29
Last Checked: Oct 5 at 8:10PM
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 Realty World Curri Properties
Investment Insights
Based on property information with market context.
This property consists of a ±17,000 SF building on ±10.53 acres with ample parking and a modern façade. The offering includes approximately ±15,000 SF of space available for owner-occupant use or leasing, including second-floor suites with ocean views. In addition, ±2,000 SF is currently leased to three retail tenants, providing existing tenancy within the retail/office mix.
The asset is located at 3270 Highway A1A in Melbourne Beach, Florida, along A1A near Sebastian Inlet. The immediate setting is described as an oceanfront community with limited commercial development and an affluent residential base, with median household income cited as $100k+.
The current configuration supports a range of uses under flexible zoning, including retail, office, medical, wellness, childcare, and food service. This makes the property well suited for an owner-operator seeking a presence in a boutique commercial environment, while also offering the option to lease available suites to business users compatible with the property’s retail and office layout.
The asset is located at 3270 Highway A1A in Melbourne Beach, Florida, along A1A near Sebastian Inlet. The immediate setting is described as an oceanfront community with limited commercial development and an affluent residential base, with median household income cited as $100k+.
The current configuration supports a range of uses under flexible zoning, including retail, office, medical, wellness, childcare, and food service. This makes the property well suited for an owner-operator seeking a presence in a boutique commercial environment, while also offering the option to lease available suites to business users compatible with the property’s retail and office layout.
Key Highlights
- ±10.53‑acre property with a ±7,000 SF multi‑tenant commercial building along A1A near Sebastian Inlet
- Includes approximately ±2,000 SF leased to three retail tenants for immediate income
- Approximately ±5,000 SF available for owner‑occupant use or lease, including second‑floor suites with ocean views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,753
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,935,060
$1.9M
Cap Rate 7%
$1,382,186
$1.4M
Cap Rate 9%
$1,075,033
$1.1M
Market Conditions
NOI Build-Up for 7,110 SF
Gross rent
$153.6K $21.60/SF
− Vacancy
−$24.6K −$3.46/SF
EGI
$129.0K $18.14/SF
− OpEx
−$32.3K −$4.54/SF
NOI
$96.8K $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%
$1,935,060
Cap Rate 7%
$1,382,186
Cap Rate 9%
$1,075,033
Alternative Uses
Best Use
Office B
$1.38M
$1.21M – $1.61M
NOI $96,753 @ 7.0% cap · market cap 6.10%
Second Best
Retail
$1.17M
$1.02M – $1.37M
NOI $81,971 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,307 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 32951, FL
11,525
Population
7,720
Households
1.5
Avg Household Size
61
Median Age
52%
College-Educated
97%
High-School Grad
8.1 sq mi
ZIP Area
1,423
Density / Sq Mi
$88,859
Median Household Income
$53,281
Median Earnings
$1,690
Median Rent
$495,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant building with retail income and flexible space for office, medical, and service users near A1A.
Where is this office building located?
The property is located at 3270 Highway A1a Melbourne, FL.
What is the asking price?
The asking price for this property is $1,585,000.
What are key features of this property?
This property features: ±10.53‑acre property with a ±7,000 SF multi‑tenant commercial building along A1A near Sebastian Inlet; Includes approximately ±2,000 SF leased to three retail tenants for immediate income; Approximately ±5,000 SF available for owner‑occupant use or lease, including second‑floor suites with ocean views
