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Property profile & analytics
OFF-MARKET
Office Spaces

236 5Th Ave Indialantic, FL 32903

Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a fantastic leasing opportunity in the heart of Indialantic, Florida. The 1,600 square foot office/retail space is situated in a single-tenant building on a 0.92-acre lot (APN: 27-38-31-Eo-00020.0-0001.00). The unit boasts a mostly open floor plan, ideal for flexible configurations, complemented by three private offices, a break area, a restroom, and a dedicated storage/IT room. Modern features include a drop ceiling and vinyl flooring throughout. Benefit from abundant natural light thanks to its corner location. This high-visibility location on Fifth Avenue enjoys significant traffic exposure, estimated at 19,300 vehicles per day, providing excellent potential for business growth. The Town of Indialantic Commercial (C) zoning allows for diverse uses, including office, retail, and medical practices. Ample parking is available with 45 paved and striped spaces for tenants and visitors. Fifth Avenue's strategic location provides direct access to Highway A1A, Riverside Drive, and the Melbourne Causeway, ensuring convenient access for clients and employees. The property is surrounded by established businesses and institutions, including Indialantic Elementary School, Hoover Middle School, and Village Market, creating a thriving and convenient business environment. This is an unparalleled opportunity to establish your business in a prime Indialantic location.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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