3700 Hbr City Blvd Ste 1d, Melbourne, FL 32935-5764
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.
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Cremer Global Services, Inc. General Contractor
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Barbara J. Braley, CPA Accounting Firm
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Professional Electrolysis Center Hair Salon
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Shaw Group Engineering Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Melbourne, FLMelbourne. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.