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    1101 Hibiscus Blvd West Melbourne, FL 32901

    For Lease
    $18 SF/Yr

    West Melbourne Executive Suites Available

    Lot size:
    32,135 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    The Hibiscus Business Center, located at 1101 W Hibiscus Blvd, West Melbourne, FL 32901, offers exceptional executive office space in a prime Brevard County location. This two-building complex, built in 1978, comprises 32,135 total square feet and features 6 suites, with 4,620 square feet currently vacant. Units range from a minimum of 460 square feet to a maximum contiguous space of 1,800 square feet, perfect for businesses of various sizes. The property sits on a 2.34-acre lot and is zoned C1. Amenities include convenient common areas such as restrooms, hallways, elevators, stairwells, and attractive garden seating areas with water fountains. Its strategic location provides easy access to shopping, dining, Melbourne International Airport, and major Brevard County employers. Public transportation is readily available with bus stops conveniently located near the property, complete with a signalized crosswalk. This multi-tenant property offers a blend of traditional and professional office spaces, ideal for a variety of businesses seeking a well-maintained and conveniently located office environment in West Melbourne's thriving submarket.

    Property Features for 1101 Hibiscus Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,135 SF
    Total Rate
    48202.5

    Building Details

    Year Built
    1978
    Buildings
    2

    Unit(s) available at that property

    Space
    Unit 408
    Size
    1,800 SF
    Rate per SF
    $20

    HighLights

    • Well‑maintained property with lush landscaping.
    • Quiet and peaceful environment.
    • On‑site maintenance and professional management with regular inspections.
    • Easy access from Hibiscus Blvd. and Dairy Rd.
    • Small suites easily combinable for larger spaces.
    • Convenient parking with easy ingress/egress.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Somnomedics Medical Laboratory Veda Salon Hair Salon Sutton Place Salon Hair Salon EveryBody Massage Massage Therapist IGC Realty Rental ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    West Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.638539410303
    Latitude
    28.085038764607

    Nearby Comparable

    • $20 SF/Yr
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      Well-Maintained Office Space Available

      Professionally managed office space with easy access and parking.
      1101 W Hibiscus Blvd, Melbourne, FL 32901
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    • $20 SF/Yr
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      Office Space for Rent

      Well-maintained office space with easy access and convenient parking.
      1103 W Hibiscus Blvd, Melbourne, FL 32901
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    • $15 SF/Yr
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      Office Space in West Melbourne

      Office space available in a well-maintained West Melbourne location.
      1900 Dairy Rd, Melbourne, FL 32904
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    • $15 SF/Yr
      46,884 SF

      Oakwood Square Office Space

      West Melbourne Office Suites Available
      1900 Dairy Rd, West Melbourne, FL 32904
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      1425 sq ft Office, Retail Space Available
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      West Melbourne Office Suite For Rent

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    Nearby Similar for Lease

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      West Melbourne Office Suite For Rent

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    • $15 SF/Yr
      46,884 SF

      Oakwood Square Office Space

      West Melbourne Office Suites Available
      1900 Dairy Rd, West Melbourne, FL 32904
      View Details
    • $17 SF/Yr
      1,425 SF

      Downtown Office Space - Perfect for Your Business

      1425 sq ft Office, Retail Space Available
      51 Carolina St, West Melbourne, FL 32904
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    • $11 SF/Yr
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    • Contact for pricing
      5,500 SF

      Retail Space in West Melbourne

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    FAQs

    What type of property is this?
    Office space - West Melbourne Executive Suites Available
    Where is this office space located?
    The property is located at 1101 Hibiscus Blvd West Melbourne, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Well-maintained property with lush landscaping.; Quiet and peaceful environment.; On-site maintenance and professional management with regular inspections.
    Request Owner's contact information
    1101 Hibiscus Blvd West Melbourne, FL 32901
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    West Melbourne, FL 32901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1101 Hibiscus Blvd West Melbourne, FL 32901
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