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    236 5Th Ave Indialantic, FL 32903

    Sponsored
    For Lease
    $26 SF/Yr

    Prime Indialantic Office, 1600 sq ft

    Lot size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property presents a fantastic leasing opportunity in the heart of Indialantic, Florida. The 1,600 square foot office/retail space is situated in a single-tenant building on a 0.92-acre lot (APN: 27-38-31-Eo-00020.0-0001.00). The unit boasts a mostly open floor plan, ideal for flexible configurations, complemented by three private offices, a break area, a restroom, and a dedicated storage/IT room. Modern features include a drop ceiling and vinyl flooring throughout. Benefit from abundant natural light thanks to its corner location. This high-visibility location on Fifth Avenue enjoys significant traffic exposure, estimated at 19,300 vehicles per day, providing excellent potential for business growth. The Town of Indialantic Commercial (C) zoning allows for diverse uses, including office, retail, and medical practices. Ample parking is available with 45 paved and striped spaces for tenants and visitors. Fifth Avenue's strategic location provides direct access to Highway A1A, Riverside Drive, and the Melbourne Causeway, ensuring convenient access for clients and employees. The property is surrounded by established businesses and institutions, including Indialantic Elementary School, Hoover Middle School, and Village Market, creating a thriving and convenient business environment. This is an unparalleled opportunity to establish your business in a prime Indialantic location.

    Property Features for 236 5Th Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,600 SF

    Unit(s) available at that property

    Space
    Size
    1,600 SF
    Rate per SF
    $26

    HighLights

    • 1,600 SF office/retail space in Indialantic.
    • Single‑tenant occupancy.
    • 0.92‑acre lot.
    • Located on 5th Avenue with high visibility (est. 19,300 VPD).
    • Commercial zoning (C) allowing for office, retail, and medical uses.
    • Ample parking (45 spaces).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage 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
    Indialantic
    County
    Brevard
    State
    Florida
    Longitude
    -80.5705591
    Latitude
    28.0906749

    Nearby Comparable

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    Nearby Similar for Lease

    • $13 SF/Yr
      21,941 SF

      Fifth & Palm Office Complex

      Indialantic Office Suites Available
      236 5Th Ave, Indialantic, FL 32903
      View Details
    • $22 SF/Yr
      1,200 SF

      Indialantic Office Space For Rent

      Office space available for lease in Indialantic, Florida.
      134 5Th Ave, Indialantic, FL 32903
      View Details
    • $13 SF/Yr
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      Indialantic Office Space For Rent

      Office spaces available in Indialantic with flexible configurations.
      232-244 5Th Ave, Indialantic, FL 32903
      View Details
    • $24 SF/Yr
      21,569 SF

      Indialantic Office Building For Lease

      Prime Indialantic office space available. Beachfront location.
      325 5Th Ave, Indialantic, FL 32903
      View Details
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      816 SF

      Move-in Ready Office Space

      Second-floor office space with private offices, kitchen, and bathrooms.
      122 4Th Ave, Indialantic, FL 32903
      View Details

    FAQs

    What type of property is this?
    Land - Prime Indialantic Office, 1600 sq ft
    Where is this land located?
    The property is located at 236 5Th Ave Indialantic, FL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 1,600 SF office/retail space in Indialantic.; Single-tenant occupancy.; 0.92-acre lot.
    Request Owner's contact information
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    Indialantic, FL 32903
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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
    236 5Th Ave Indialantic, FL 32903
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