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Spa & Wellness Property with Garage

708 Palmetto Avenue, Melbourne, FL 32901

For Lease
$1,900/Mo

A former hair salon offers conversion potential for office use, with four parking spaces and an attached garage.

Space SizeContact for details
Property Size1,260 SF
Days on Market492

Property Features for 708 Palmetto Avenue

General Information

Standard status Active
Size 1,260 SF
Total Parking Spaces 4

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $2,481

Building Details

Building Size 1,260 SF
Year Built 1938
Listing Agency: RE/MAX Aerospace Realty
Listed By: Rick S Caplin · License FL #542508
Source: Imperviousrealestate
Added: Jul 9, 2025 Changed: Nov 11 Last Checked: Nov 11 at 6:08PM

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 RE/MAX Aerospace Realty

Rey
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Investment Insights

Based on property information with market context.

This 1,260-square-foot spa and wellness property was built in 1938 and is currently configured as a hair salon. The space may be converted to office use, with examples including a medical office, insurance agency, or law firm. Four parking spaces and a garage are part of the property.

The building is at 708 Palmetto Avenue in Melbourne, one block south of downtown.

Key Highlights

  • 1,260 square feet; built in 1938
  • Currently used as a hair salon
  • Four parking spaces and a garage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Waves The Salon Hair Salon Blowdye Salon Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Catering Service Grocery & Convenience Store Veterinary Clinic Locksmith

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
$2.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,731
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Melbourne, FL

$18.69 /SF/Yr
Avg Asking Price
$1.3–$30.86 /SF/Yr
Price Range
3,790 SF
Avg Space Size

This space is priced 3% below the average of $18.69 /SF/Yr.

Similar Off Market Nearby

  • Nomadic IV Hydration — Mobile, Melbourne, FL 32901
  • Spa 902 and Salon — 902 E New Haven Ave, Melbourne, FL 32901
  • Sacred Gardens House of Healing — 916 Columbus Ave, Melbourne, FL 32901
  • Bedrock Rehabilitation & Nursing Center at Melbourne — 1415 Hickory St, Melbourne, FL 32901
  • FCMG of Brevard DBA EMERGE HEALTHCARE — 1344 S Apollo Blvd # 300, Melbourne, FL 32901

Frequently Asked Questions

What type of property is this?
Spa & wellness property - A former hair salon offers conversion potential for office use, with four parking spaces and an attached garage.
Where is this spa & wellness property located?
The property is located at 708 Palmetto Avenue Melbourne, FL.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: 1,260 square feet; built in 1938; Currently used as a hair salon; Four parking spaces and a garage
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