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    Property profile & analytics
    OFF-MARKET Estimated value $2,385,000
    Office buildings

    1301 Eau Gallie Blvd, Melbourne, FL 32935-5398

    13,088 SF 1.61 ac lot Built 1994
    Individually Owned 36-yr Hold ~ Est. High Equity
    Property ID
    US18-3999502
    Property summary
    AI-generated overview

    This exceptional medical office space, located at 1301 W Eau Gallie Blvd in Melbourne, Florida (zip code 32935), offers a unique opportunity for medical professionals. Situated on a major thoroughfare, this property boasts convenient access to I-95 and US 1, ensuring high visibility and easy accessibility for patients and staff. The building features an upscale façade, ample parking, and a durable metal roof. Monument and building signage provide excellent branding opportunities. Currently, one suite is available, ranging from 1,000 to 1,600 contiguous square feet. Specifically, Suite 102, a 1,200 square foot space, is highlighted. This impressive suite includes a desirable loft area, creating versatile workspace. The interior is beautifully appointed, featuring solid wood doors and a thoughtful layout. The suite also includes a reception area, five private offices, a kitchenette, two restrooms (one with a shower), and a dedicated storage area. A unique rear balcony porch adds to the suite's appeal. The property is offered at a modified gross rate of $20 per square foot per year. This is a multi-tenant building in Brevard County. The minimum divisible space is 1,000 square feet.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1994
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 13,088 SF
    Lot 1.61 ac (70,132 SF)
    Zoning code C1A
    APN 27-37-20-01-0000A.0-0001.00
    UPID US18-3999502
    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
    • Managed Technologies IT Consulting Firm (Bike/Boat/Book/etc) Store
    • Riverside Counseling Services, LLC Foster Care Service Social Service Agency
    • SPACE COAST LIFE SAVERZ Training Center
    • Moletteire Mediation Mediation Service
    • First Rate Tax services Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.93M
    Comparable Approach Comparable
    $2.66M
    Blend (final) Blend
    $2.39M
    Owner & transaction history
    Develop Montreal · 36 yrs held
    Develop Montreal
    since 1989
    3 recorded transactions
    1989
    $148,000
    1969
    1969
    Zoning & alternative use
    C1A · Melbourne, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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