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    551 Apollo Blvd Melbourne, FL 32901

    For Lease
    $15 SF/Yr

    1,200 SF Medical/Creative Office Suite

    Lot size:
    21,114 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This well-maintained, multi-tenant office building, located at 551 S. Apollo Blvd., offers a 1,200 square foot suite for lease. Situated across from Melbourne International Airport (MLB), this Class C building boasts a total of 21,114 square feet across 15 suites. The available space is part of a larger 1,200 square foot contiguous area, with a minimum divisible space of 1,200 square feet. Built in 1983, the property sits on 2.17 acres of land (APN: 27-3728-00-751.A). The building is ideal for medical, traditional, or creative office uses. The Space Coast offers a compelling business environment, combining low operating costs, attractive incentives, and a skilled workforce. This location benefits from a strong, diversified economy, recognized for its high-tech sector and robust wage growth. Suite build-out varies. This is an excellent opportunity to establish a presence in a thriving area with convenient airport access. The property is currently zoned for office use. Contact us today to schedule a viewing.

    Property Features for 551 Apollo Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,114 SF
    Class
    C
    Total Rate
    26392.5

    Building Details

    Year Built
    1983

    Unit(s) available at that property

    Space
    Suite 201
    Size
    1,200 SF
    Rate per SF
    $15

    HighLights

    • 1,200 SF of vacant medical/traditional/creative office space available for lease.
    • Multi‑tenant office building totaling 21,114 SF on a 2.17‑acre lot.
    • Building features 15 suites, with a minimum divisible space of 1,200 SF and a maximum contiguous space of 1,200 SF.
    • Class C building constructed in 1983, located near Melbourne International Airport (MLB).
    • APN: 27‑3728‑00‑751.A
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brevard Emergency Services Accountant Richard J. Wecker, ... Chiropractor Brevard Health Advantage ... Health Insurance Agency Casey Chiropractic Center Chiropractor Gu Yanqing MD Internist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.622936370739
    Latitude
    28.100913446076

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    FAQs

    What type of property is this?
    Office space - 1,200 SF Medical/Creative Office Suite
    Where is this office space located?
    The property is located at 551 Apollo Blvd Melbourne, FL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,200 SF of vacant medical/traditional/creative office space available for lease.; Multi-tenant office building totaling 21,114 SF on a 2.17-acre lot.; Building features 15 suites, with a minimum divisible space of 1,200 SF and a maximum contiguous space of 1,200 SF.
    Request Owner's contact information
    551 Apollo Blvd 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
    551 Apollo Blvd Melbourne, FL 32901
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