Furnished Executive Office
For Sale
Contact for pricing
601 E Strawbridge Avenue 102, Melbourne, FL 32901
Windowed office suite with shared bathroom and included desk and chair in downtown Melbourne.
Property Size2,111 SF
Price / SF$0.28
Days on Market97
Property Features for 601 E Strawbridge Avenue 102
General Information
Standard status
Active
Size
2,111 SF
Additional Details
Furnished
Yes
Amenities
shared bathroom
Listing Agency:
Florida Homes Rlty & Mtg. LLC
(904) 996-9115
Listed By:
Olesya Markushevskaya
(321) 514-1963
Source:
Startbrevardsearch
Added: Jul 18
Changed: Oct 7
Last Checked: Oct 20 at 8:04PM
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 Florida Homes Rlty & Mtg. LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This furnished office unit is configured as an executive suite with a desk and chair provided. Windows bring natural light into the workspace, while a shared bathroom serves the suite.
The property is located at 601 E Strawbridge Avenue, Suite 102, in the downtown Melbourne area. The broader property measures 2,111 square feet, with the available office identified as an executive suite within the building.
The property is located at 601 E Strawbridge Avenue, Suite 102, in the downtown Melbourne area. The broader property measures 2,111 square feet, with the available office identified as an executive suite within the building.
Key Highlights
- Furnished executive office suite
- Desk and chair included
- Windows provide natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,726
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,520
$574.5K
Cap Rate 7%
$410,371
$410.4K
Cap Rate 9%
$319,178
$319.2K
Market Conditions
NOI Build-Up for 2,111 SF
Gross rent
$45.6K $21.60/SF
− Vacancy
−$7.3K −$3.46/SF
EGI
$38.3K $18.14/SF
− OpEx
−$9.6K −$4.54/SF
NOI
$28.7K $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%
$574,520
Cap Rate 7%
$410,371
Cap Rate 9%
$319,178
Alternative Uses
Best Use
Office B
$410.4K
$359.1K – $478.8K
NOI $28,726 @ 7.0% cap · market cap 4,795.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$556.9K
$487.3K – $649.8K
NOI $38,986 @ 7.0% cap · market cap 6,508.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,230
Businesses Nearby
Explore this area
Business Placement
Demographics for 32901, FL
26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Windowed office suite with shared bathroom and included desk and chair in downtown Melbourne.
Where is this office unit located?
The property is located at 601 E Strawbridge Avenue 102 Melbourne, FL.
What are key features of this property?
This property features: Furnished executive office suite; Desk and chair included; Windows provide natural light
