Retail Showroom with Rear
3830 S Highway A1a 10, Melbourne Beach, FL 32951
For Sale
$525,000
A private office, two restrooms, inventory storage, and center parking support day-to-day operations.
Property Size1,965 SF
Price / SF$267.18
Days on Market162
Property Features for 3830 S Highway A1a 10
General Information
Standard status
Size
Property subtype
Additional Details
Anchor Co-Tenants
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
full tile flooring
upgraded LED lighting
acoustic-style ceiling tiles
full glass frontage with hurricane shutters
private office
two bathrooms
storage/inventory room
double rear doors
ample drive-around parking
illuminated signage
Building Details
Building Size
Year Built
Listing Agency:
One Sotheby's International
Listed By:
The Ellis Group
(321) 259-2993
Source:
Mvpsalesgroup
Added: Jun 1
Changed: Nov 6
Last Checked: Nov 8 at 2:28PM
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 One Sotheby's International
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail suite at Driftwood Plaza has a showroom with tile flooring, LED lighting, acoustic ceiling tiles, and glass frontage fitted with hurricane shutters. The layout also includes a private office, two bathrooms, an inventory room, and double doors at the rear for loading. The building was completed in 1999, and the air-conditioning system was replaced in 2018.
Publix anchors the shopping center. The property has illuminated signage on A1A and drive-around parking within the center. The combination of showroom space, support rooms, rear loading access, and center parking defines the suite’s practical layout.
Publix anchors the shopping center. The property has illuminated signage on A1A and drive-around parking within the center. The combination of showroom space, support rooms, rear loading access, and center parking defines the suite’s practical layout.
Key Highlights
- Retail suite in Driftwood Plaza, anchored by Publix
- Showroom with tile flooring, LED lighting, and acoustic ceiling tiles
- Glass frontage with hurricane shutters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,399
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,980
$568.0K
Cap Rate 7%
$405,700
$405.7K
Cap Rate 9%
$315,544
$315.5K
Market Conditions
NOI Build-Up for 1,965 SF
Gross rent
$43.6K $22.20/SF
− Vacancy
−$3.1K −$1.55/SF
EGI
$40.6K $20.65/SF
− OpEx
−$12.2K −$6.19/SF
NOI
$28.4K $14.45/SF
Area
Brevard County, FL
Vacancy
7.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,980
Cap Rate 7%
$405,700
Cap Rate 9%
$315,544
Alternative Uses
Best Use
Retail
$405.7K
$355.0K – $473.3K
NOI $28,399 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$573.0K
$501.4K – $668.5K
NOI $40,110 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
70
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
$495,700
Median Home Value
Market
Average Price Trend$/SF for Retail space in Brevard County, FL
Properties on Market for Retail space in Brevard County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A private office, two restrooms, inventory storage, and center parking support day-to-day operations.
Where is this retail space located?
The property is located at 3830 S Highway A1a 10 Melbourne Beach, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Retail suite in Driftwood Plaza, anchored by Publix; Showroom with tile flooring, LED lighting, and acoustic ceiling tiles; Glass frontage with hurricane shutters
