Two-Unit Office
For Sale
$529,999
833 Barton Boulevard, Rockledge, FL 32955
Commercial Sale, Rockledge, FL
Property Size2,370 SF
Lot Size0.17 Acres
Price / SF$223.63
Days on Market882
Property Features for 833 Barton Boulevard
General Information
Property type
Residential
Property subtype
Office
Zoning description
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Off Street, Parking Lot
Subdivision
Cocoa Rockledge Land Cos 1st Addn
Directions
From US-1 go west on Barton Blvd. Building will be down on the left just past the intersection with Cedar St.
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
Legal Description
25-36-09-CQ-1-7
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
conference room
kitchen facilities
landscaping
Building Details
Year built
1974
Floors in Building
1
Number of units
2
Flooring type
Laminate
Building materials
Block, Stucco
Roof type
Membrane
Listing Agency:
Mike Selig & Associates Inc
(321) 639-1111
Listed By:
Mike Selig · License #138897
(321) 543-5784
Added: May 15, 2024
Changed: Oct 6
Last Checked: Oct 13 at 2:06PM
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 2,370-square-foot office property contains two separate units, with offices and a large conference room. Interior improvements include laminate flooring, fresh paint, updated bathrooms and kitchen facilities, and Cat 6 wiring. The electrical system has been upgraded, and the building has new central air-conditioning units and an instant hot water heater. A replacement sewer exit pipe and a membrane roof are also part of the property’s improvements; the roof carries a 10-year manufacturer’s warranty.
Built in 1974, the block-and-stucco building sits on a 0.17-acre lot. It has off-street parking and public water and sewer service. Cable is available, and the property has central heating and electric cooling.
Built in 1974, the block-and-stucco building sits on a 0.17-acre lot. It has off-street parking and public water and sewer service. Cable is available, and the property has central heating and electric cooling.
Key Highlights
- Two separate office units
- 2,370 square feet on a 0.17‑acre lot
- Large conference room, office areas, kitchen, and updated bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,251
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,020
$645.0K
Cap Rate 7%
$460,729
$460.7K
Cap Rate 9%
$358,344
$358.3K
Market Conditions
NOI Build-Up for 2,370 SF
Gross rent
$51.2K $21.60/SF
− Vacancy
−$8.2K −$3.46/SF
EGI
$43.0K $18.14/SF
− OpEx
−$10.8K −$4.54/SF
NOI
$32.3K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,020
Cap Rate 7%
$460,729
Cap Rate 9%
$358,344
Alternative Uses
Best Use
Office B
$460.7K
$403.1K – $537.5K
NOI $32,251 @ 7.0% cap · market cap 6.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$625.3K
$547.1K – $729.5K
NOI $43,769 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Explore this area
Business Placement
Demographics for 32955, FL
40,275
Population
19,281
Households
2.1
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
791
Density / Sq Mi
$85,133
Median Household Income
$43,574
Median Earnings
$1,656
Median Rent
$327,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Renovated workspace includes a conference room, office areas, and updated kitchen and bathroom facilities.
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 $529,999.
What are key features of this property?
This property features: Two separate office units; 2,370 square feet on a 0.17‑acre lot; Large conference room, office areas, kitchen, and updated bathrooms
