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Property profile & analytics
FOR LEASE
Office buildings

129 West Hibiscus Blvd Melbourne, FL 32901

29,398 SF 1.96 ac lot Built 1981
Entity Owned ~ Est. High Equity
Property ID
US18-0621066
Property summary
AI-generated overview

This exceptional executive office suite, located at 129 W Hibiscus Blvd in Melbourne, Florida, presents a fantastic opportunity for a single tenant. Built in 1981, the property offers 2,000 square feet of immediately available space, perfect for a business seeking a prestigious and efficient workspace. The single-tenant occupancy ensures privacy and control over the entire space. The property's address is conveniently situated in Melbourne, FL, zip code 32901, offering easy access to local amenities and transportation networks. The building's classic design provides a professional and established image for your business. This is an ideal location for businesses seeking a well-maintained and readily available office space in a desirable area of Melbourne. The property's size is currently listed at 2,000 square feet, although the listing indicates a potential for expansion up to 4,000 square feet. This flexibility allows for growth and adaptation to changing business needs. The property is classified as an executive office suite, suggesting a higher level of finish and amenities than standard office spaces. This presents a unique opportunity to establish a strong and impressive business presence in a thriving Florida community. Interested parties are encouraged to inquire further to explore the possibilities of this exceptional office space. The property's geographic coordinates are 28.0844283 latitude and -80.6247999 longitude.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 29,398 SF
Lot 1.96 ac (85,378 SF)
Zoning code C2
APN 28-37-04-01-0000D.0-0001.00
UPID US18-0621066
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
Current use
Occupant on record · Public records
  • Master Stitch Embroidery Services Production Facility Textile Manufacturer
  • Benezra Women's Care Physician Medical Clinic
  • Express NonLawyer Law Firm
  • National Drug Screening Drug Testing Service
  • EPIC Renewal Life Coach
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.36M
Blend (final) Blend
$2.60M
Owner & transaction history
Silva & Santos Corp
Silva & Santos Corp
since 2026
Last sale
$2.5M
6 recorded transactions
2026
Price N/A
2026
Price N/A
2025
$2.5M
2022
$3.2M
2007
$764,100
1969
Price N/A
Zoning & alternative use
C2 · Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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