Two-Unit Office Building

833 Barton Boulevard Rockledge, FL 32955

Claim this Listing
For Sale
$549,999

SINGLE_FAMILY - Rockledge, FL

Type:Office
Property size:
2,370 SF
Lot size:
0.17 Acres
Price / SF:
$232/SF
Added:
May 15, 2024
Days on Market:
789
Last Refresh:
Jul 12 at 7:06 am

Property Features for 833 Barton Boulevard

General Information

Property type
Residential
Property subtype
Office
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Parking Lot, Off Street
Standard status
Active
Size
2,370 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
25-36-09-CQ-1-7
Tax Annual Amount
4238

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1974
Floors in Building
1
Number of units
2
Flooring type
Laminate
Building materials
Block, Stucco
Roof type
Membrane

Listing agent Mike Selig License #138897

Listing office Mike Selig & Associates Inc 1843 Barrett Dr., Cocoa, FL

Listing date May 15, 2024

MLS# 1014018

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 fully renovated office building offers two separate units with a functional mix of office space and a large conference room for meetings and collaboration. Interior updates include new flooring, fresh interior and exterior paint, and refreshed bathrooms and kitchen facilities. The building also includes technology and utility improvements, with an updated electrical system and Cat 6 wiring already installed. Additional capex noted in the renovations includes a new roof with a 10-year manufacturer’s warranty, a new sewer exit pipe, brand-new AC units, and an instant hot water heater.

The property is located at 833 Barton Boulevard in Rockledge, Florida, on a main thoroughfare, with exterior landscaping updates providing a clean, maintained appearance.

With two distinct units, the building can support tenants seeking separate suites or an operator looking for flexible configuration across spaces. The combination of move-in-ready finishes, updated mechanical systems, and conference-capable common working areas makes it suitable for professional services and other office-based uses that require reliable infrastructure and a presentable environment for staff and clients.

Key Highlights

  • Two‑unit commercial building with spacious offices and a large conference room (rooms listed include Bathroom 1 and Bathroom 2).
  • Built in 1974 with block and stucco construction and laminate flooring throughout.
  • New roof with 10‑year manufacturer warranty; membrane roof reported.

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 $51.2k $21.60
− Vacancy −$8.2k −$3.46
EGI $43.0k $18.14
− OpEx −$10.8k −$4.54
NOI $32.3k $13.61
2,370 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$460.7K
$403.1K – $537.5K (±1% cap)
NOI $32,251 @ 7.0% cap · market cap 5.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$625.3K
$547.1K – $729.5K (±1% cap)
NOI $43,769 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Locksmith Catering Service Butcher Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Bakery Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Fully renovated two-unit office building with modern finishes, Cat 6 wiring, and brand-new HVAC equipment.
Where is this office units located?
The property is located at 833 Barton Boulevard Rockledge, FL.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Two‑unit commercial building with spacious offices and a large conference room (rooms listed include Bathroom 1 and Bathroom 2).; Built in 1974 with block and stucco construction and laminate flooring throughout.; New roof with 10‑year manufacturer warranty; membrane roof reported.
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