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Property profile & analytics
OFF-MARKET Estimated value $4,090,000
Office buildings

1600 Eau Gallie Blvd Melbourne, FL 32935-4106

24,384 SF 1.41 ac lot Built 1988
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US18-0443837
Property summary
AI-generated overview

This exceptional 2,600 square foot medical office space is available for lease in the desirable Boulevard Professional Center, located at 1600 W. Eau Gallie Blvd, Melbourne, Florida 32935. The property is a single-tenant building, offering complete flexibility and control to the new occupant. Situated in Brevard County, this location provides convenient access to major roadways and a thriving patient base. The entire building is currently vacant, presenting a unique opportunity for a medical practice seeking a move-in ready space. The property's size is ideal for a variety of medical specialties, offering ample room for examination rooms, waiting areas, administrative offices, and support spaces. The building's layout is efficient and functional, designed to maximize workflow and patient comfort. This is a fantastic opportunity to establish or relocate a medical practice in a highly visible and accessible location within a bustling community. The property is ready for immediate occupancy, allowing for a swift and seamless transition. Interested parties are encouraged to inquire promptly to secure this exceptional medical office space. The property is classified as an Office building with a Medical Office subtype.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 24,384 SF
Lot 1.41 ac (61,420 SF)
Zoning code C1A
APN 27-37-17-00-00776.0-0000.00
UPID US18-0443837
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
  • Sherry Lehmann Counseling Family Counselor
  • A Breath of Heaven Alternative Medicine Practice Spa & Massage Center
  • Mann Law Law Firm
  • The Boulevard professional Center Business Service Center Corporate Office
  • e Sex Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.45M
Comparable Approach Comparable
$4.29M
Blend (final) Blend
$4.09M
Owner & transaction history
Jmg Properties Of Brevard INC · 22 yrs held
Jmg Properties Of Brevard INC
since 2004
1 recorded transaction
2004
$1.7M
Zoning & alternative use
C1A · Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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