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    1532 Harbor City Blvd Melbourne, FL 32935

    For Sale
    $1,050,000

    Prime US-1 location, vacant medical office.

    Property size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 3,200 square foot Class B medical office building, located at 1532 N Harbor City Blvd in Melbourne, Florida (Brevard County, zip code 32935), is available for $1,050,000 ($328.12/sq ft). The single-story, 2003-built property sits on a 0.33-acre lot and is zoned C3. Currently vacant, this owner-user investment opportunity boasts excellent visibility and direct frontage on US-1, offering maximum exposure. The building was fully renovated in 2003 and features modern medical facilities, making it ideal for a variety of medical uses or adaptable to traditional office space. While previously occupied by MedFast Urgent Care, the building will be delivered vacant at closing

    Property Features for 1532 Harbor City Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    3,200 SF
    Class
    B
    Lot Size
    14,375 SF

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 3,200 SF Class B medical office building in Melbourne, FL.
    • Offered at $1,050,000 ($328.12/SF).
    • Located at 1532 N Harbor City Blvd, Melbourne, FL 32935, with excellent US‑1 frontage.
    • Single‑story building on a 0.33‑acre lot, built in 2003 and fully renovated that same year.
    • C3 zoning; currently vacant and available for owner‑user or investor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Logan Arbogast Physician Assistant Eau Gallie Arts ... Urgent Care Center Guardian Angel Home ... Home Health Care Service Hellenberg & Wolske, CPA Tax Preparation Service

    Suggested Use

    Restaurant Realty agency 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
    -80.6318027
    Latitude
    28.1317243

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    FAQs

    What type of property is this?
    Medical office - Prime US-1 location, vacant medical office.
    Where is this medical office located?
    The property is located at 1532 Harbor City Blvd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: 3,200 SF Class B medical office building in Melbourne, FL.; Offered at $1,050,000 ($328.12/SF).; Located at 1532 N Harbor City Blvd, Melbourne, FL 32935, with excellent US-1 frontage.
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    Melbourne, FL 32935
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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
    1532 Harbor City Blvd Melbourne, FL 32935
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