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Retail Suite

587 W Eau Gallie Boulevard #103, Melbourne, FL 32935

For Lease
$1,995/Mo

The space accommodates retail or office use in a corridor with shops, galleries, and eateries.

Space Size690 SF
Property Size8,580 SF
Days on Market463

Property Features for 587 W Eau Gallie Boulevard #103

General Information

Standard status Active
Size 690 SF
Net Rentable 690 SF

Space & Availability

Available Space 690 SF
Contiguous Space 690 SF

Building Details

Building Size 8,580 SF
Year Built 1920
Units 1
Listing Agency: Relentless Real Estate Co.
Listed By: Jennifer Brown · License FL #3592570
Source: Imperviousrealestate
Added: Aug 7, 2025 Changed: Nov 11 Last Checked: Nov 12 at 12:13AM

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 Co.

Rey
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Investment Insights

Based on property information with market context.

Unit 103 offers 690 SF of space suited to retail or office use. The property dates to 1920 and is located on W Eau Gallie Boulevard in Melbourne. Shops, galleries, and eateries are part of the surrounding corridor, with pedestrian and vehicle traffic noted along the boulevard.

Key Highlights

  • 690 SF available in Unit 103
  • Retail or office use
  • On W Eau Gallie Boulevard in Melbourne

Property Analytics

Current Use

Funky Dog Improv Nightclub dRock Creative Marketing & Advertising HotAir Network Group Telecommunications Service Leslie Taylor Hair ... Hair Salon CoGoBuzz Advertising Agency

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Pharmacy Electrical Service Daycare Center

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

Location Intelligence

Trade Area within ½ mile

834
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 83% Home Improvements & Furnishings 13% Shops & Services 4%
Starbucks Dining
17,161 visits/mo 0.3 miles
Eau Gallie Ace Hardware Home Improvements & Furnishings
2,790 visits/mo 0.1 miles
Storage King USA Shops & Services
742 visits/mo 0.5 miles

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

$13.59 /SF/Yr
Avg Asking Price
$1.13–$46.71 /SF/Yr
Price Range
9,425 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Melbourne, FL

$9.15 Jul
$12.81 Aug
$13.27 Sep
$11.17 Oct

Properties on Market for Retail space in Melbourne

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The space accommodates retail or office use in a corridor with shops, galleries, and eateries.
Where is this retail space located?
The property is located at 587 W Eau Gallie Boulevard #103 Melbourne, FL.
What is the lease rate?
The lease rate is $1,995/Mo.
What are key features of this property?
This property features: 690 SF available in Unit 103; Retail or office use; On W Eau Gallie Boulevard in Melbourne
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