Medical Office Suite with Private
336 N Babcock St Melbourne, FL 32935
336 N Babcock St, Melbourne, FL, 32935
$393,900
For Sale
$393,900
SINGLE_FAMILY - Melbourne, FL
Property Size1,260 SF
Lot Size0.29 Acres
Price / SF$312.62
Days on Market154
Property Features for 336 N Babcock St
General Information
- Property type
- Residential
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Assigned
- Standard status
- Active
- APN
- 27-37-28-00-00002.H-0000.00
- Size
- 1,260 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PALMS POINTE OFFICE PARK CONDO PH II UNIT 4D PALMS POINTE OFFICE PARK CONDO PH II AS DESC IN ORB 5914 PG 1823 AND ALL AMENDMENTS THERETO
- Tax Annual Amount
- 2882
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2008
- Number of units
- 1
- Building materials
- Concrete
Listing Agency
Waterman Real Estate Inc.
(321) 244-7653
201 Riverside Dr. #A, W Melbourne, FL
Listed by
Esteban Jose Romero
(321) 290-9093
Added: Feb 13 Checked: Jul 17 at 6:06 am
MLS# 1069372
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.
This turnkey professional suite offers 1,260 square feet of dedicated space designed for clinical and personal services. The layout includes seven private rooms, with five of the rooms fully equipped with their own sinks and cabinetry. Built in 2008 with solid masonry construction, the unit is set up to support a quiet, professional client experience, and the interior is finished with a clean, modern aesthetic in neutral tones.
Located at 336 N Babcock St within Palms Pointe Office Park, the suite benefits from high-visibility along the Melbourne corridor. The property also features prominent monument signage and parking intended for both staff and patients, supporting convenient day-to-day access.
Located at 336 N Babcock St within Palms Pointe Office Park, the suite benefits from high-visibility along the Melbourne corridor. The property also features prominent monument signage and parking intended for both staff and patients, supporting convenient day-to-day access.
Key Highlights
- 1,260 sq. ft. professional suite at Palms Pointe Office Park
- 7 private rooms designed for clinical and personal services
- 5 rooms include their own sinks and cabinetry
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 | $27.2k | $21.60 |
| − Vacancy | −$4.4k | −$3.46 |
| EGI | $22.9k | $18.14 |
| − OpEx | −$5.7k | −$4.54 |
| NOI | $17.1k | $13.61 |
1,260 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$244.9K
$214.3K – $285.8K
NOI $17,146 @ 7.0% cap · market cap 4.35%
Second Best
Healthcare Medical
$226.5K
$198.2K – $264.3K
NOI $15,858 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$332.4K
$290.9K – $387.8K
NOI $23,270 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dental Excellence Melbourne
Dental Office
Virtuex Global
Consultant
rtp-accountingforlawncare.com
Accounting Software Company
Derek Chenet
Medical Clinic
Space Coast Vascular ...
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Turnkey 1,260-sf professional suite in Palms Pointe Office Park featuring seven private rooms and five with sinks and cabinetry.
Where is this office units located?
The property is located at 336 N Babcock St Melbourne, FL.
What is the asking price?
The asking price for this property is $393,900.
What are key features of this property?
This property features: 1,260 sq. ft. professional suite at Palms Pointe Office Park; 7 private rooms designed for clinical and personal services; 5 rooms include their own sinks and cabinetry
