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Property profile & analytics

601 Strawbridge Ave Melbourne, FL 32901

  • Office buildings
  • 2,155 SF
  • 0.19 lot acres
Value Estimation
$280,000
Location Intelligence
Property ID
US18-0321168
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

  • Downtown Grooming Lounge / Barber Shop
  • McCloskey & Associates Wealth Management / Financial Advisor / Financial Consultant
  • The Dittmore Agency / Insurance Agency
  • Shield Me Insurance / Health Insurance Agency
  • McCloskey Financial / Financial Consultant

Property Details for 601 Strawbridge Ave

Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.19 lot acres
Property size
2,155 SF
Zone code
C3
Property type
Office buildings
APN
28-37-03-FC-00040.0-0016.00
APU
283703FC000400001600

Description

This exceptional 156-square-foot executive office suite is ideally located in Downtown Melbourne. The single-tenant space is situated within a professionally managed building and boasts a welcoming lobby area. A shared bathroom is conveniently located for all tenants. The suite is currently furnished, although furniture removal can be arranged if needed. A microwave and refrigerator are included, providing added convenience. This turnkey solution eliminates the need for upfront capital expenditures beyond rent and a 3% sales tax. The building is meticulously maintained and exceptionally clean, ensuring a professional and comfortable work environment. The property features a single suite within the building, making it an ideal space for a small business or individual professional. The property's APN is 28-37-03-Fc-00040.0-0016.00. The lot size is not specified. This is a fantastic opportunity for a business seeking a well-appointed, immediately available office space in a prime downtown location. No additional investment is required beyond rent and sales tax. The property is classified as both Office and Land, with a Commercial subtype and Single tenancy.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $300,000
  • CAP approach

    CAP return
    Estimation
    6%
    $300,000
    6.5%
    $250,000
    7%
    $300,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $235,000
    Geo Method
    $255,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $255,000
    Retail
    $250,000
    Mixed-Use
    $330,000
    Hospitality
    $250,000
    Educational
    $335,000
    Residential Income
    $260,000
    Energy
    $340,000
    Income-Based Land
    $260,000
    Food Service
    $255,000

Location Insight

  • Map
  • Local Demand
City
Melbourne
County
Brevard
State
Florida
Longitude
-80.6111
Latitude
28.0792
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
$4,848
$245,760
$15,820
$261,580
-
$245,760
$15,820
$261,580
More about this property
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