Search
Freestanding Retail Building
For Sale
$625,000
Pending

405 Ocean Avenue, Melbourne Beach, FL 32951

Commercial Sale, Melbourne Beach, FL

Property Size1,400 SF
Lot Size0.11 Acres
Days on Market98

Property Features for 405 Ocean Avenue

General Information

Property type Residential
Property subtype Retail
Zoning description Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Parking Lot
Subdivision Wilcox Melbourne Beach
Directions Take a1a to ocean ave and turn west
Standard status Pending
APN 28-38-07-Fy-00002.0-0009.01
Size 1,400 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WILCOX MELBOURNE BEACH E 1/2 OF LOT 9 & W 2 FT OF LOT 10 BLK 2
Tax Annual Amount 3461
Legal Description WILCOX MELBOURNE BEACH E 1/2 OF LOT 9 & W 2 FT OF LOT 10 BLK 2

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1979
Flooring type Tile
Building materials Block
Roof type Metal, Composition
Listing Agency: Realty World Curri Properties
Listed By: John D Curri · License #SL3105835
Added: Jul 2 Changed: Sep 13 Last Checked: Oct 7 at 8:06AM
MLS# 1081558

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 freestanding retail property at 405 Ocean Avenue features concrete block construction, tile flooring, central heating and central air. The building has supported the Shell Shop for more than 45 years, providing an established retail setting that could continue under new ownership or be adapted for another shop or professional office use. A metal and composition roof was installed in 2019.

The property includes 8 deeded parking spots, with additional parking available at the neighboring building through a cross-parking easement agreement. It sits one building off A1A in Melbourne Beach, near the town center and 3 blocks from the beach. Public water and public sewer serve the property, and the site includes a bathroom and on-site parking lot.

Key Highlights

  • Freestanding concrete block retail building
  • Established Shell Shop retail use spanning more than 45 years
  • 8 deeded parking spots included

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Dental Office Hair Salon Restaurant Law Firm

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

Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Exxon Shops & Services
7,874 visits/mo 0.0 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Block construction, dedicated parking, and established retail use support continued commercial occupancy or a new business concept.
Where is this storefront property located?
The property is located at 405 Ocean Avenue Melbourne Beach, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Freestanding concrete block retail building; Established Shell Shop retail use spanning more than 45 years; 8 deeded parking spots included
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again