Financial
Distress signals
Property profile

1735 West Hibiscus Blvd Melbourne, FL 32901

FOR SALE
Office buildings
Property ID
US18-5227698
18,163 SF 2.96 ac lot Built 2000
Last sale Oct 2024 · $3,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1735 West Hibiscus Blvd, Melbourne, FL 32901 For Sale
$1,300,000 18,163 SF
1735 West Hibiscus Blvd, Melbourne, FL 32901
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Property summary

AI-generated overview

This exceptional Class B office building, situated in Melbourne's vibrant business district at 1735 W Hibiscus Blvd, presents a unique leasing opportunity. Boasting 5,987 square feet of adaptable space on the third floor, this property offers a private lobby and elevator access, ensuring both privacy and convenience. Built in 2000, the 17,000 square foot building features a total of six suites across three stories, with ample parking to accommodate larger firms. The space is highly

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$41k
Tax billed · 2023
Assessed value$2.26M
Assessed land$710k
Assessed improvement$1.55M
Effective rate1.82%

Value estimate

· Sep 2026
$3.10M
$2.79M – $3.41M
AI approach$3.10M
CAP approach$4.06M
Submarket $/SF estimate$3.30M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$175/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$136 – $246
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CC2
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.7
Parking Facility10.0
Convenience Store10.0

Location

1735 West Hibiscus Blvd Melbourne, FL 32901
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1775 Hibiscus, Melbourne, FL 32901-2620 $3,125,000 May 2025 36,924 SF
27 Hibiscus Blvd, Melbourne, FL 32901-3171 $3,919,500 Sep 2024 16,301 SF
1785 Waverly, Melbourne, FL 32901-4641 $1,055,000 Jun 2024 5,738 SF
940 Hbr City, Melbourne, FL 32901-1909 $1,500,000 May 2024 6,622 SF
2101 Waverly, Melbourne, FL 32901-5480 $1,700,000 Feb 2024 10,424 SF
1221 New Hvn, Melbourne, FL 32901-7305 $850,000 Aug 2022 6,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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