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    1281 Florida Ave Rockledge, FL 32955

    Sponsored
    For Sale
    $1,850,000

    8,946 SF Medical Office, Rockledge, FL

    Property size:
    8,946 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-story, 8,946 square foot Class B medical office building in Rockledge, Florida, is situated on a 1.1-acre lot and offers significant potential. Built in 1991, the property features approximately 3,000 square feet of vacant space, presenting an opportunity to increase rental income through renovation and lease-up. The building boasts excellent visibility from its US-1 frontage and benefits from its proximity to Rockledge Regional Medical Center and Rockledge High School, ensuring a strong patient and customer base. The property is zoned C2 and includes one building with a total of 8,946 square feet. The asking price is $1,850,000, translating to $206.80 per square foot. Its location less than a mile from Rockledge Regional Medical Center and amongst other medical offices makes it an ideal location for medical practices seeking synergy and convenience. The property's APN is 25-36-04-00-18.

    Property Features for 1281 Florida Ave

    General Information

    Property type
    Medical offices
    Square Feet
    8,946 SF
    Class
    B
    Lot Size
    47,916 SF

    Building Details

    Year Built
    1991
    Buildings
    1
    Stories
    1

    HighLights

    • 8,946 SF Class B medical office building on a 1.1‑acre lot in Rockledge, FL.
    • Approximately 3,000 SF of vacant space available for lease‑up.
    • Excellent visibility from US‑1 frontage, near Rockledge Regional Medical Center.
    • Zoned C2.
    • Asking price: $1,850,000 ($206.80/SF).
    • APN: 25‑36‑04‑00‑18.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Rockledge
    County
    Brevard
    State
    Florida
    Longitude
    -80.726935683912
    Latitude
    28.338750937295

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    FAQs

    What type of property is this?
    Medical office - 8,946 SF Medical Office, Rockledge, FL
    Where is this medical office located?
    The property is located at 1281 Florida Ave Rockledge, FL.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: 8,946 SF Class B medical office building on a 1.1-acre lot in Rockledge, FL.; Approximately 3,000 SF of vacant space available for lease-up.; Excellent visibility from US-1 frontage, near Rockledge Regional Medical Center.
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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
    1281 Florida Ave Rockledge, FL 32955
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