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    525 Harbor City Blvd Melbourne, FL 32935

    For Sale
    $2,349,000

    Prime Melbourne Office Buildings, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial real estate offering presents a rare opportunity to acquire two office buildings situated on a combined 0.74 acres of land in Melbourne, Florida. The property, encompassing 525 N Harbor City Boulevard and 701 Thomas Barbour Drive, boasts a prime location at the corner of US Highway 1 and Thomas Barbour Drive, ensuring unparalleled visibility and accessibility. Each building features its own separate address, tax account ID, and parcel ID. The combined lot size totals 32,234.4 square feet, providing ample space for parking and potential future development. Built in 1973, these single-story structures offer a total of two units, ideal for a variety of professional office and service businesses. The property's zoning allows for a range of commercial uses. Its strategic location offers close proximity to major area hospitals and Melbourne International Airport, making it an attractive investment for businesses seeking convenient access to key infrastructure and a strong workforce. The asking price for this combined property is $2,349,000, representing a significant opportunity in the thriving Melbourne commercial market. This is a turnkey investment with excellent potential for immediate income generation and long-term appreciation. The ample parking and high visibility make this a truly exceptional opportunity.

    Property Features for 525 Harbor City Blvd

    General Information

    Property type
    Land

    Building Details

    Year Built
    1973
    Stories
    1
    Units
    2

    HighLights

    • Two office buildings on a 0.74‑acre lot in Melbourne, FL.
    • Prime corner location at US Highway 1 and Thomas Barbour Drive, offering high visibility and accessibility.
    • Two separate addresses, tax IDs, and parcel IDs.
    • Combined 32,234.4 sq ft lot with ample parking.
    • Two single‑story units, totaling approximately [exact square footage not provided], built in 1973.
    • Flexible commercial zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nance | Cacciatore Attorney Nance Cacciatore: John ... Attorney Nance Cacciatore: Barger ... Attorney Cacciatore Sam Attorney

    Suggested Use

    Law Firm Restaurant Realty agency 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
    -80.6269188
    Latitude
    28.1178807

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    FAQs

    What type of property is this?
    Land - Prime Melbourne Office Buildings, High Visibility
    Where is this land located?
    The property is located at 525 Harbor City Blvd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $2,349,000.
    What are key features of this property?
    This property features: Two office buildings on a 0.74-acre lot in Melbourne, FL.; Prime corner location at US Highway 1 and Thomas Barbour Drive, offering high visibility and accessibility.; Two separate addresses, tax IDs, and parcel IDs.
    Request Owner's contact information
    525 Harbor City Blvd Melbourne, FL 32935
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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
    525 Harbor City Blvd Melbourne, FL 32935
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