311 6th Ave, Indialantic, FL 32903-4301
- Office buildings
- 1,659 SF
- 0.23 lot acres
Current Use by Public Records
- Office buildings
Property Details for 311 6th Ave
- Year built
- 1958
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Zone code
- RP
- Property type
- Office buildings
- APN
- 27-38-31-EO-00016.0-0009.00
- APU
- 273831EO000160000900
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 23, 2025 | $655,000 | Sapphire Sands LLC | Frank Kofflin | Warranty Deed | $524k · Lake Forest Bank & Trust Co NA |
| Oct 5, 2022 | $565,000 | Frank D Kofflin | Terence Michael Pierce | Warranty Deed | — |
| Aug 7, 2012 | — | Terence M Pierce | Pierce Prof Building LLC | Quit Claim Deed · related | — |
| Nov 5, 2007 | $356,000 | Pierce Prof Building LLC | Petersen Robin M Trust | Grant Deed | — |
| — | — | Terence M Pierce | — | Deed Of Trust · related | $122k · Regions Bank |
| — | — | Pierce Prof Building LLC | — | Deed Of Trust · related | $203k · Regions Bank |
| — | — | Petersen Robin M Trust | — | Deed Of Trust · related | $68k · Suntrust Bank NA |
Description
This exceptional free-standing office building presents a unique investment opportunity in the thriving Indialantic, Florida market. Located just one block south of the vibrant downtown area and a mere two blocks from the beach, this property enjoys unparalleled visibility and accessibility. The 0.23-acre lot houses a concrete block structure featuring five private offices, a welcoming reception area, ample storage space, and a convenient kitchenette. On-site parking ensures ease of access for both staff and clients. The functional layout is ideal for a variety of professional office or medical uses, capitalizing on the area's low retail vacancy rate (below 3%). Its strategic location offers strong foot traffic and proximity to Downtown Melbourne, Brevard County's largest employment hub, only two miles away. The building boasts a newer roof (installed in 2013), contributing to its excellent condition and minimizing future maintenance needs. Furthermore, the versatile zoning allows for either commercial or single-family development, presenting significant potential for future expansion or alternative uses, enhancing the long-term value of this exceptional investment. This turnkey property is ready for immediate occupancy and offers a compelling blend of location, functionality, and future development potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $690,000
- ML approach
- $735,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $467,000
Market price range: $214k - $467k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Indialantic
- County
- Brevard
- State
- Florida
- Longitude
- -80.5712
- Latitude
- 28.0893
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
