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    Property profile & analytics

    525 Harbor City Blvd Melbourne, FL 32935

    • Office buildings
    • 6,828 SF
    • 0.41 lot acres
    For Sale
    View listing
    $2,349,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-4044255
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Nance | Cacciatore / Attorney / Personal Injury Attorney
    • Nance Cacciatore: John N. Hamilton / Attorney
    • Nance Cacciatore: Barger Charles G / Attorney
    • Cacciatore Sam / Attorney

    Property Details for 525 Harbor City Blvd

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.41 lot acres
    Property size
    6,828 SF
    Zone code
    C1A
    Property type
    Office buildings
    APN
    27-37-21-EM-00001.0-0001.00
    APU
    273721EM000010000100

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $430,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $370,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $315,000
      Mixed-Use
      $395,000
      Hospitality
      $425,000
      Educational
      $440,000
      Residential Income
      $380,000
      Energy
      $420,000
      Income-Based Land
      $390,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6269
    Latitude
    28.1178
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,960
    $160,650
    $508,970
    $669,620
    -
    $160,650
    $508,970
    $669,620

    Comparable in this City

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    • Value Estimation by Request
      16,236 SF

      1459 Sarno Rd

      OFFICE BUILDING • 16,236 SF
      1459 Sarno Rd, Melbourne, FL 32935
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    • Value Estimation
      $205,000
      800 SF

      680 Eau Gallie Blvd

      OFFICE BUILDING • 800 SF
      680 Eau Gallie Blvd, Melbourne, FL 32935-6531
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    • Value Estimation by Request
      24,384 SF

      1600 Eau Gallie Blvd

      OFFICE BUILDING (MULTI-STORY) • 24,384 SF
      1600 Eau Gallie Blvd, Melbourne, FL 32935-4106
      View Details
    • Value Estimation
      $520,000
      6,550 SF

      165 Babcock St

      OFFICE BUILDING • 6,550 SF
      165 Babcock St, Melbourne, FL 32935-6714
      View Details
    • Value Estimation
      $255,000
      2,907 SF

      268 Babcock St

      OFFICE BUILDING • 2,907 SF
      268 Babcock St, Melbourne, FL 32935-6735
      View Details

    Similar Nearby for Sale

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      Melbourne Office Building - Waterfront Views

      Prime 1850 sq ft office, 100% occupied.
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    • $125,000
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      Wickham Road Office Condo

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    Similar Nearby for Lease

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    • $15 SF/Yr
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      Medical/Office Space for Lease

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    • $12 SF/Yr
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      Sarno Road Office Space For Sale

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    • $18 SF/Yr
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      Retail or office space with high traffic count.
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      3,220 SF medical building with excellent location and signage.
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    525 Harbor City Blvd
    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
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