Elevator-Served Office
For Sale
Contact for pricing
417 5th Avenue #206h, Indialantic, FL 32903
Second-floor executive offices include utilities and WiFi in the suite.
Property Size252 SF
Price / SF$3.97
Days on Market116
Property Features for 417 5th Avenue #206h
General Information
Standard status
Active
Size
252 SF
Elevators
Yes
Property subtype
Office
Additional Details
Floor
Second Floor
Utilities to Site
Yes
Property Use
Executive Suites
Amenities
WiFi
Building Details
Year Built
1974
Listing Agency:
Fraser Group, Inc
Listed By:
Kim Fraser · License #702955
(321) 917-3289
Source:
Mccoyfreeman
Added: Jul 8
Changed: Oct 30
Last Checked: Oct 30 at 1:44AM
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 Fraser Group, Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This second-floor office suite is part of an executive suite offering and is served by an elevator. Utilities and WiFi are included.
The property is located in downtown Indialantic at 417 5th Avenue, Suite 206h. The building was constructed in 1974.
The property is located in downtown Indialantic at 417 5th Avenue, Suite 206h. The building was constructed in 1974.
Key Highlights
- Elevator access to the second‑floor suite
- Utilities and WiFi included
- Located in downtown Indialantic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,429
Suggested Prices Based on Cap Rates
Cap Rate 5%
$68,580
$68.6K
Cap Rate 7%
$48,986
$49.0K
Cap Rate 9%
$38,100
$38.1K
Market Conditions
NOI Build-Up for 252 SF
Gross rent
$5.4K $21.60/SF
− Vacancy
−$871 −$3.46/SF
EGI
$4.6K $18.14/SF
− OpEx
−$1.1K −$4.54/SF
NOI
$3.4K $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%
$68,580
Cap Rate 7%
$48,986
Cap Rate 9%
$38,100
Alternative Uses
Best Use
Office B
$49.0K
$42.9K – $57.2K
NOI $3,429 @ 7.0% cap · market cap 342.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$66.5K
$58.2K – $77.6K
NOI $4,654 @ 7.0% cap · market cap 465.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
Explore this area
Business Placement
Demographics for 32903, FL
13,880
Population
7,469
Households
1.9
Avg Household Size
52
Median Age
51%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
3,856
Density / Sq Mi
$101,549
Median Household Income
$55,718
Median Earnings
$1,700
Median Rent
$495,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor executive offices include utilities and WiFi in the suite.
Where is this office unit located?
The property is located at 417 5th Avenue #206h Indialantic, FL.
What are key features of this property?
This property features: Elevator access to the second‑floor suite; Utilities and WiFi included; Located in downtown Indialantic
