690 Thomas Barbour Drive, Melbourne, FL 32935
SINGLE_FAMILY - Melbourne, FL
- Added:
- Jul 29, 2024
- Days on Market:
- 687
- Last Refresh:
- Jun 15 at 12:06 pm
Property Features for 690 Thomas Barbour Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 27-37-21-75-00018.0-0003.00
- Size
- 1,550 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Description
- LOVERIDGE HEIGHTS, ADDN 1 LOT 3 BLK 18
- Tax Annual Amount
- 2593
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1951
- Number of units
- 1
- Building materials
- Block, Concrete
- Roof type
- Shingle, Membrane
Listing agent Jack C Jeffcoat III License #3072354 (321) 536-1461
Listing office Ellingson Properties 5815 US Hwy 1 #3, Rockledge, FL (321) 750-7050
Listing date Jul 29, 2024
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
- Zoned for Single Tenant Office: Ideal for business relocation or personalized build‑out.
- Convenient Location: Close to beaches, river boat launches, tennis, shopping, and dining.
- Old Florida Feel: Unique property offering a desirable aesthetic.
- Durable Construction: Built with block and concrete materials.
- Essential Utilities: Includes cable availability, public water, and public sewer.
- Parking Lot: Features a dedicated parking lot for tenants and clients.
Overview
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 | $33.5k | $21.60 |
| − Vacancy | −$5.4k | −$3.46 |
| EGI | $28.1k | $18.14 |
| − OpEx | −$7.0k | −$4.54 |
| NOI | $21.1k | $13.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.627281
- Latitude
- 28.118324
