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    1216 Prospect Ave Melbourne, FL 32901
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    Property profile & analytics

    1216 Prospect Ave, Melbourne, FL 32901

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    • Office Spaces
    • 43,218 SF
    • 1.91 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Perkins Dumpster Rental / Waste Management Facility

    Property Details for 1216 Prospect Ave

    Lot size
    1.91 lot acres
    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    This three-story, Class B office building at 1216 Prospect Ave, Melbourne, FL 32901, offers diverse workspace solutions. The 43,218 square foot building features executive, creative, and traditional office spaces, with units ranging from a minimum of 161 square feet to a maximum contiguous space of 444 square feet. Multiple tenancy options are available. The property sits on a 1.91-acre lot and boasts ample parking, a passenger elevator, and was renovated in 2006. Located in the Space Coast submarket of Brevard County, this commercially zoned building (APN 28-37-02-75-2-13) offers convenient access via US1. Full-service gross leases include electricity and water/sewer


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6216
    Latitude
    28.06
    More about this property
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