105-107 Longwood Ave Rockledge, FL 32955

Property Details for 105-107 Longwood Ave

Year built

1999

Lot size

0.36 lot acres

Property size

5,650 SF

Property type

Medical offices

Property subtype

Office Properties & Spaces

Description

This exceptional 5,650 square foot medical office building, situated on a 0.36-acre lot in Rockledge, Florida, presents a compelling investment opportunity. Currently operating at 100% occupancy as a Cancer Care Center, this Class C property boasts a desirable location directly across from Wuesthoff Hospital, within Rockledge's thriving medical community. The building, constructed and renovated in 1999, features a two-story design with ample parking (23 spaces). The ground floor encompasses 3,875 square feet and includes a waiting area, two physician's offices, nine exam rooms, nurses' station, infusion area, file room, lab, and x-ray facilities. The second floor provides administrative/billing offices, a restroom, and storage. The property benefits from 130 feet of frontage on Longwood Avenue and a depth of 120 feet, along with landscaping, curbing, and a sprinkler system. A natural gas-powered generator ensures reliable operation. Zoned P-1, this versatile property is ideally suited for a variety of medical or office uses, offering significant potential for future growth. The asking price is $650,000, representing a 6.50% cap rate. The property's strategic location, coupled with its functional layout and existing infrastructure, makes it an attractive investment prospect. Easy access is provided by a traffic signal at the nearby Longwood/US One intersection.

Location Insight

City

Rockledge

County

Brevard

State

Florida

Longitude

-80.7227

Latitude

28.3343