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    405 Strawbridge Ave Melbourne, FL 32901

    For Lease
    $16 SF/Yr ($4,207 /Mo)

    3,060 SF Office, Prime Location

    Lot size:
    3,060 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3,060 square foot office space is located at 405 E Strawbridge Ave in Melbourne, Florida (zip code 32901), offering a blend of traditional and creative office layouts. Built in 2000, this single-tenant property boasts a highly visible 100-foot frontage on US-192, benefiting from the 21,000 vehicles passing daily. The interior features five private offices, a spacious open workspace ideal for collaboration, two bathrooms including a shower, a convenient kitchen area, and a dedicated reception area. An added bonus is the upstairs loft space, providing extra versatility. The property is zoned C1 and its APN is 28-37-03-33-1-10. Its strategic location in the heart of downtown Melbourne provides easy access to a variety of amenities, including nearby cafes, restaurants, and retail shops, all within the vibrant "Historic Downtown" area known for its shopping, dining, galleries, and entertainment options. This property presents a unique opportunity for businesses seeking a prominent and functional space in a thriving urban setting. The building's total square footage is 3,060 square feet, all of which is currently vacant. This presents a blank canvas for a business to customize the space to perfectly fit their needs.

    Property Features for 405 Strawbridge Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,060 SF
    Total Rate
    4207.5

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    Size
    3,060 SF
    Rate per SF
    $16
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    My Florida Rentals Property Management Company Bostick Law Firm, ... Divorce Lawyer Golden Realty Group ... Real Estate Agent DR. Bethea Wanda Psychologist

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store 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
    -80.614044277986
    Latitude
    28.079509731295

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    FAQs

    What type of property is this?
    Office space - 3,060 SF Office, Prime Location
    Where is this office space located?
    The property is located at 405 Strawbridge Ave Melbourne, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    Request Owner's contact information
    405 Strawbridge Ave Melbourne, FL 32901
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    Melbourne, FL 32901
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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
    405 Strawbridge Ave Melbourne, FL 32901
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