705 S Apollo Blvd, Melbourne, FL
7,200 SF commercial building with flexible zoning.
- Added:
- Sep 19, 2025
- Days on Market:
- 276
- Last Refresh:
- May 19 at 10:15 pm
Property Features for 705 S Apollo Blvd
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 0.79 Acres
- Property subtype
- RETAIL
Listing agent Katie Parada (772) 577-8970
Listing office SLC Commercial Realty & Development (772) 577-8970
Listing date Sep 19, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of SLC Commercial Realty & Development
HighLights
- Flexible CP zoning permitting multiple uses
- Great visibility & accessibility
- 7,200 SF stand alone commercial bldg.
- Upgraded electrical & plumbing
- 6 RTU's replaced 2022 & Resealed roof
- Prominent street front Pylon signage
Overview
Local Financial Insights For Retail
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 | $129.6k | $18.00 |
| − Vacancy | −$11.0k | −$1.53 |
| EGI | $118.6k | $16.47 |
| − OpEx | −$35.6k | −$4.94 |
| NOI | $83.0k | $11.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6193
- Latitude
- 28.0973
