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Renovated Stand-Alone Building in Midtown
For Lease
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390 Poinciana Drive, Melbourne, FL 32935

Renovated building in Midtown Melbourne with ample parking.

Space Size1,725 SF
Days on Market657

Property Features for 390 Poinciana Drive

General Information

Standard status Active
Size 1,725 SF
Property subtype Office

Building Details

Year Built 1951
Listing Agency: Relentless Real Estate
Listed By: Scott Loveridge · License #FL 3058836
Source: Crexi
Added: Oct 17, 2024 Changed: Jul 6 Last Checked: Aug 3 at 8:09AM

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 Relentless Real Estate

Investment Insights

Based on property information with market context.

This renovated stand-alone building is located in Midtown Melbourne. It features modern upgrades and a prime location. The building includes ample parking in a private lot. The spacious floor plan can be customized for various business types, from retail to office space. High-end finishes are present throughout, including updated lighting and freshly painted interiors. Large windows provide natural light and street visibility. The location offers exposure in a high-traffic area with access to major roads and nearby businesses.

Key Highlights

  • Prime Midtown Melbourne location in a high‑traffic area with excellent exposure.
  • Fully renovated with modern upgrades and high‑end finishes.
  • Ample parking in a private lot.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Pharmacy Restaurant Parking Lot & Garage HVAC Service Grocery & Convenience Store Storage Facility

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

NNN (Triple Net)
Lease Type
$3.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

629
Businesses Nearby

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value

Market

Lease Benchmarks for Melbourne, FL

$16.74 /SF/Yr
Avg Asking Price
$0.52–$31 /SF/Yr
Price Range
20,997 SF
Avg Space Size

This space is priced 45% above the average of $16.74 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Renovated building in Midtown Melbourne with ample parking.
Where is this office building located?
The property is located at 390 Poinciana Drive Melbourne, FL.
What is the lease rate?
The lease rate is $24.35 SF/Yr.
What are key features of this property?
This property features: Prime Midtown Melbourne location in a high‑traffic area with excellent exposure.; Fully renovated with modern upgrades and high‑end finishes.; Ample parking in a private lot.
(321) 302-0763 Call to check price and availability
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