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    Two-Building Office Property with Parking Title is generated by Realmo AI

    525 N Harbor City Boulevard, Melbourne, FL 32935

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    Claim this Listing
    For Sale
    $1,795,000

    COMMERCIAL - Melbourne, FL

    Type:Office
    Property size:
    8,108 SF
    Lot size:
    0.74 Acres
    Price / SF:
    $221/SF
    Added:
    Jan 2, 2026
    Days on Market:
    177
    Last Refresh:
    Jun 28 at 10:06 pm

    Property Features for 525 N Harbor City Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Bathrooms
    9
    Rooms
    Bathroom 1, Bathroom 8, Bathroom 6, Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 9, Bathroom 7
    Parking features
    Parking Lot, Carport
    Standard status
    Active
    APN
    27-37-21-Em-00001.0-0001.00
    Size
    8,108 SF
    Lot size
    0.74 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    LOVERIDGE HEIGHTS SUBD LOT 1 & S 60 FT OF LOT 2 BLK 1
    Tax Annual Amount
    12961

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1973
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile, Carpet
    Building materials
    Block, Stucco
    Roof type
    Shingle, Mixed, Wood, Metal

    We can help!

    Contact an agent
    Jack C Jeffcoat III
    Jack C Jeffcoat III

    Listing agent Jack C Jeffcoat III License #3072354

    Listing office Ellingson Properties 5815 US Hwy 1 #3, Rockledge, FL

    Listing date Jan 2, 2026

    MLS# 1065364

    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.

    HighLights

    • Two office buildings on the corner of US Highway 1 (N. Harbor City Blvd) and Thomas Barbour Dr in Melbourne, FL
    • Sale includes 525 N Harbor City Blvd and 701 Thomas Barbour Dr, each with separate addresses, tax account IDs, and Parcel IDs
    • Total land area of 0.41 acres and 0.33 acres across the two buildings
    • Zoned for Professional, Office & Services
    • Ample parking with parking lot and carport features
    • Central air; public water and public sewer; shingle/mixed/wood/metal roof materials

    Overview

    This sale includes two separate office buildings offered together, each with its own address, tax account ID, and parcel ID. One building is located at 525 N Harbor City Blvd., and the other is at 701 Thomas Barbour Dr. Combined, the parcels total approximately 0.74 acres, with individual lot sizes of approximately 0.41 acres and 0.33 acres. The property is configured as two stand-alone office facilities rather than a single multi-tenant building, providing flexibility for professional office use.

    The buildings sit on the corner of US Highway 1 (N. Harbor City Blvd.) and Thomas Barbour Dr., supporting convenient access and strong roadside visibility. The listing notes ample parking on-site. The property is zoned for Professional, Office & Services, and it is described as being close to area hospitals and Melbourne International Airport.

    For tenants, buyers, and operators seeking professional office space, the combination of two separate buildings, corner location, and on-site parking can simplify occupancy planning and day-to-day access. The zoning designation for Professional, Office & Services aligns with a range of office-oriented businesses. Prospective users can evaluate how the two-address setup may fit their operations, including whether they prefer single-building occupancy or consolidated use across both facilities.

    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 $175.1k $21.60
    − Vacancy −$28.0k −$3.46
    EGI $147.1k $18.14
    − OpEx −$36.8k −$4.54
    NOI $110.3k $13.61
    8,108 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.58M
    $1.38M – $1.84M (±1% cap)
    NOI $110,334 @ 7.0% cap · market cap 6.15%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.14M
    $1.87M – $2.50M (±1% cap)
    NOI $149,739 @ 7.0% cap · market cap 8.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nance | Cacciatore Law Firm Nance Cacciatore: John ... Law Firm Nance Cacciatore: Barger ... Law Firm Cacciatore Sam Law Firm

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.627039
    Latitude
    28.117918

    FAQs

    What type of property is this?
    Office building - Two office buildings on a corner with ample parking and strong visibility for professional users.
    Where is this office building located?
    The property is located at 525 N Harbor City Boulevard Melbourne, FL.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: Two office buildings on the corner of US Highway 1 (N. Harbor City Blvd) and Thomas Barbour Dr in Melbourne, FL; Sale includes 525 N Harbor City Blvd and 701 Thomas Barbour Dr, each with separate addresses, tax account IDs, and Parcel IDs; Total land area of 0.41 acres and 0.33 acres across the two buildings
    More about this property
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