Current Use by Public Records
- Medical Office Space
Property Details for 105-107 Longwood Ave
- Year built
- 1999
- Lot size
- 0.36 lot acres
- Property type
- Medical Office Space
- Property subtype
- Office 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.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockledge
- County
- Brevard
- State
- Florida
- Longitude
- -80.7227
- Latitude
- 28.3343
