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    1990 New Haven Ave Melbourne, FL 32904

    Sponsored
    For Lease
    $16 SF/Yr

    Executive Suites, Prime Location, Ample Parking

    Lot size:
    45,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story office building, the Melbourne Financial Center, presents a compelling investment opportunity in a vibrant Florida location. Situated on a 2.36-acre lot at 1990 W New Haven Ave, Melbourne, FL 32904, this 45,000± square foot property offers a variety of executive office suites and larger spaces, with a minimum divisible area of 927 square feet. Currently, 7,720 square feet of space is available. Built in 1985, the building boasts two elevators and two external staircases providing convenient access to all three floors. Ample parking is available for tenants and visitors. The common areas have undergone a complete renovation, presenting a modern and inviting atmosphere. The property is zoned CP and benefits from its proximity to shopping and restaurants, making it an attractive location for businesses and employees alike. This is an excellent chance to acquire a well-maintained, strategically located office building with significant potential for growth and return on investment. Various floor plans are available to accommodate diverse business needs. The property's strong location and updated amenities make it an ideal choice for businesses seeking a professional and convenient workspace.

    Property Features for 1990 New Haven Ave

    General Information

    Property type
    Office buildings
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,000 SF
    Total Rate
    60000

    Building Details

    Year Built
    1985
    Stories
    3

    Unit(s) available at that property

    Space
    Suite#310
    Size
    2,956 SF
    Rate per SF
    $16
    Space
    Suite #304
    Size
    3,837 SF
    Rate per SF
    $16
    Space
    Suite#307
    Size
    927 SF
    Rate per SF
    $16

    HighLights

    • 2,956 - 3,837 square feet of available space.
    • $16.00 per square foot, per year, NNN lease rate.
    • 2.36‑acre lot.
    • 1985 construction.
    • 45,000‑square‑foot building.
    • CP zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chase Mortgage Mortgage Lender Brewer Behavioral Health Psychologist Chase Bank Bank Square Deal Gold ... Gold Dealer Edward J. Kinberg Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6529376
    Latitude
    28.0796043

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    FAQs

    What type of property is this?
    Office building - Executive Suites, Prime Location, Ample Parking
    Where is this office building located?
    The property is located at 1990 New Haven Ave Melbourne, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 2,956 - 3,837 square feet of available space.; $16.00 per square foot, per year, NNN lease rate.; 2.36-acre lot.
    Request Owner's contact information
    1990 New Haven Ave Melbourne, FL 32904
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    Melbourne, FL 32904
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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
    1990 New Haven Ave Melbourne, FL 32904
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