Renovated Commercial Building in
833 Barton Boulevard, Rockledge, FL 32955
Fully renovated commercial property with two units in Rockledge, Florida.
Type:Commercial/Industrial
Property size:
2,370 SFLot size:
0.17 AcresPrice / SF:
$248/SF- Added:
- Mar 11, 2026
- Days on Market:
- 73
- Last Refresh:
- Apr 6 at 2:58 am
Property Features for 833 Barton Boulevard
General Information
- Standard status
- Active
- Size
- 2,370 SF
- Lot size
- 0.17 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1974
Listing agent Samantha Selig License #3231860
Listing office Mike Selig & Associates Inc (321) 639-1111
Listing date Mar 11, 2026
Source Exitrealty
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 Mike Selig & Associates Inc
HighLights
- Two separate units offer rental income potential or flexible configurations.
- Fully renovated with modern aesthetics and functional design.
- Prime location on a busy main street with high visibility.
- Comprehensive upgrades including new roof (with 10yr warranty), electrical system, and AC units.
- Equipped with Cat 6 wiring for modern technological demands.
- Spacious offices and a large conference room for meetings and collaborative work.
Overview
This commercial property is situated on a main street in Rockledge. The fully renovated building combines modern aesthetics with functional design. The property features two separate units, providing the opportunity for additional rental income or flexible configurations to suit various commercial needs. Every detail of this property has been updated, including a new roof with a 10-year manufacturer's warranty, a new sewer exit pipe, VT flooring, fresh paint inside and out, and new bathrooms and kitchen facilities. The building is equipped to meet technological demands with comprehensive upgrades to the electrical system and the installation of Cat 6 wiring. Brand new AC units have been installed, as well as an instant hot water heater. Inside, there are spacious offices complemented by a large conference room, suitable for meetings and collaborative work, whether it be open-plan working areas, private offices, or creative studios. Enhanced with new landscaping, the exterior offers a welcoming atmosphere. The property size is 2370 square feet.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$358.3K
NOI $32,251 @ 9.00% cap · cautious / downside scenario
Moderate
$460.7K
NOI $32,251 @ 7.00% cap · market / base-case scenario
Aggressive
$645.0K
NOI $32,251 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| 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 Use Scenarios
Best Use
Office B
$460.7K
$403.1K – $537.5K
NOI $32,251 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$625.3K
$547.1K – $729.5K
NOI $43,769 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Rockledge
- County
- Brevard
- State
- Florida
- Longitude
- -80.7792
- Latitude
- 28.2781
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Fully renovated commercial property with two units in Rockledge, Florida.
Where is this office building located?
The property is located at 833 Barton Boulevard Rockledge, FL.
What is the asking price?
The asking price for this property is $589,999.
What are key features of this property?
This property features: Two separate units offer rental income potential or flexible configurations.; **Fully renovated with modern aesthetics and functional design.**; Prime location on a busy main street with high visibility.
