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    3700 Harbor City Blvd Melbourne, FL 32935

    For Lease
    $19 SF/Yr ($11,495 /Mo)

    Melbourne Office Space, High Visibility

    Lot size:
    7,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a two-story, 7,260 square foot office building situated on a 0.71-acre lot in Melbourne, Florida. Constructed in 1983, the property boasts a prime location on US Highway 1, between Eau Gallie and Pineda Causeways, ensuring high visibility and accessibility. The building features a total of twelve units, with 3,064 square feet currently vacant, offering immediate potential for lease income. The zoning is C-1 Neighborhood Commercial, allowing for a variety of uses. The property's address is 3700 N Harbor City Blvd, Melbourne, FL 32935, and its APN is 27-37-05-03-0000k.0-0001.00 in Brevard County. This building presents a strong opportunity for investors seeking a well-located commercial property in a thriving Melbourne submarket. The existing structure provides a solid foundation for immediate income generation and future development potential. The property's strategic location on a major thoroughfare offers excellent exposure to a high volume of daily traffic. With its convenient access to major roadways and a diverse range of businesses, this property is well-positioned for long-term success. The vacant space presents an opportunity to customize the layout to suit a variety of tenants, maximizing rental income and return on investment. This is a rare opportunity to acquire a well-maintained commercial building in a desirable location.

    Property Features for 3700 Harbor City Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,260 SF
    Total Rate
    11495

    Building Details

    Year Built
    1983
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Unit 1B
    Size
    600 SF
    Rate per SF
    $19

    HighLights

    • New metal roof and extensive interior/exterior renovations.
    • Ground‑level access to both floors eliminates elevator need.
    • Excellent Melbourne location, easily accessible from the island.
    • 200+/- feet of US Highway 1 frontage.
    • Second floor offers Indian River and Horse Creek views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cremer Global Services, ... Contractor Barbara J. Braley, ... Certified Public Accountant Professional Electrolysis Center Hair Removal Service Shaw Group Engineering Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.645118768522
    Latitude
    28.167442406102

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    FAQs

    What type of property is this?
    Office Property / Space - Melbourne Office Space, High Visibility
    Where is this office property / space located?
    The property is located at 3700 Harbor City Blvd Melbourne, FL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: New metal roof and extensive interior/exterior renovations.; Ground-level access to both floors eliminates elevator need.; Excellent Melbourne location, easily accessible from the island.
    Request Owner's contact information
    3700 Harbor City Blvd 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
    3700 Harbor City Blvd Melbourne, FL 32935
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