Professional Office Building Near
For Lease
$18 SF/Yr
551 S Apollo Blvd., Melbourne, FL 32935
Well-maintained office building with suites available near Melbourne Airport.
Space Size1,200 SF
Property Size21,114 SF
Days on Market158
Property Features for 551 S Apollo Blvd.
General Information
Standard status
Active
Size
1,200 SF
Class
C
Property subtype
Office
Lease Term
MG
Building Details
Building Size
21,114 SF
Spaces For Lease
at 551 S Apollo Blvd. Contact us- Size
- 1,200 SF
- Term
- Negotiable
Suite 105 $18/SF/Yr
- Size
- 1,200 SF
- Term
- Negotiable
Suite 207 (Sublease) $18/SF/Yr
Listing Agency:
Lightle Beckner Robison, Inc.
(321) 863-3226
Listed By:
Rob Beckner, SIOR · License #FL #SL707053
(321) 863-3226
Source:
Teamlbr
Added: Mar 26
Changed: Aug 25
Last Checked: Aug 29 at 8:24AM
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 Lightle Beckner Robison, Inc.
Investment Insights
Based on property information with market context.
This well-maintained multi-tenant professional office building is located on Apollo Blvd, directly across from the Melbourne International Airport (MLB). There are currently two suites available, each offering 1,200 square feet. The build-out varies by suite. The Space Coast provides a favorable operating environment for businesses, characterized by low operating costs, targeted incentives, and a skilled workforce. The area boasts a strong, diversified economy and a high quality of life. The Space Coast has the most highly concentrated high-tech economy in Florida (Milken Institute, 2019), and was ranked the second highest performing large city in the U.S. (Milken Institute 2021). It also had the third best wage growth in the U.S. (Milken Institute, 2021), and is a top business location among large workforce states.
Key Highlights
- Prime location on Apollo Blvd., directly across from Melbourne International Airport (MLB).
- Two 1.2k sq ft suites available with build‑out options.
- Located in the Space Coast, offering a favorable operating climate with low costs and incentives.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Explore this area
Business Placement
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
$17.06 /SF/Yr
Avg Asking Price
$1.61–$61.36 /SF/Yr
Price Range
12,384 SF
Avg Space Size
This space is priced 6% above the average of $17.06 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office building with suites available near Melbourne Airport.
Where is this office units located?
The property is located at 551 S Apollo Blvd. Melbourne, FL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime location on Apollo Blvd., directly across from Melbourne International Airport (MLB).; Two 1.2k sq ft suites available with build‑out options.; Located in the Space Coast, offering a favorable operating climate with low costs and incentives.
