Search
Convenience Store and Gas Station
For Sale
Under Contract
$1,280,000

653 E University Boulevard, Melbourne, FL 32901

COMMERCIAL - Melbourne, FL

Property Size2,600 SF
Lot Size0.62 Acres
Price / SF$492.31
Days on Market1128

Property Features for 653 E University Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Parking Lot
Lot features Historic Area
Directions When entering from Babcock Street, go East on University Blvd. The building will be on your right, From US-1, go west on University Blvd. The building will be on your left.
Subdivision 330 - Melbourne - Central
Standard status Active Under Contract
APN 28-37-10-00-00757.0-0000.00
Size 2,600 SF
Lot size 0.62 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PART OF N 1/2 OF NW 1/4 OF SE 1/4 AS DES IN ORB 2029 PG 589 EX ORB 2521 PG 1825
Tax Annual Amount 6947
Legal Description PART OF N 1/2 OF NW 1/4 OF SE 1/4 AS DES IN ORB 2029 PG 589 EX ORB 2521 PG 1825

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1980
Number of units 1
Flooring type Concrete
Building materials Brick, Concrete, Frame, Stucco
Roof type Flat
Listing Agency: America East Realty, Inc.
Listed By: Hazel J Buggs
Added: Jul 6, 2023 Changed: Aug 4 Last Checked: Aug 6 at 1:06PM
MLS# 970373

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.

Investment Insights

Based on property information with market context.

This property is a functioning convenience store and gas station being sold together with the real estate. The site totals 0.62 acres and is improved with a 2,600 square foot building. Construction materials include brick, concrete, frame, and stucco, with a flat roof and concrete flooring. Heating is electric with central heat, and cooling is electric central air. Public water and public sewer service the property, and it includes a parking lot.

Zoned for commercial use (currently classified as C-1 Neighborhood Zoning Commercial), the zoning also allows for residential development, office, medical, and retail. The location is on East University Boulevard in Melbourne, Florida, within 3/4 miles of Florida Institute of Technology and Downtown Melbourne.

The City of Melbourne estimates that approximately 10,000 or more vehicles pass per day along the main corridor; buyers should verify this estimate. The property is described as serving the South Melbourne Community.

Key Highlights

  • Functioning convenience store and gas station sold with the real estate
  • 2,600 SF building on 0.62‑acre lot with parking lot
  • C‑1 Neighborhood Zoning Commercial; zoning also allows residential, office, medical, and retail

Property Analytics

Current Use

University Food Mart Grocery & Convenience Store bp Car Wash U-Mart Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Pharmacy Skin Care Clinic Big Box & Wholesale Store

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

10,000 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

660
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Dining 36%
Dunkin' Donuts Dining
6,033 visits/mo 0.4 miles
Mobil Shops & Services
5,733 visits/mo 0.3 miles
Dollar General Shops & Services
4,836 visits/mo 0.2 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Walmart Neighborhood Market 3550 S Babcock St, Melbourne, FL 32901

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Functioning convenience store and gas station on a 0.62-acre lot with parking lot, public water and sewer, and central electric HVAC.
Where is this grocery and convenience store located?
The property is located at 653 E University Boulevard Melbourne, FL.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Functioning convenience store and gas station sold with the real estate; 2,600 SF building on 0.62‑acre lot with parking lot; C‑1 Neighborhood Zoning Commercial; zoning also allows residential, office, medical, and retail
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message