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Property profile & analytics
OFF-MARKET
Medical Office Space

3150 Suntree Blvd 102 Rockledge, FL 32955-5719

1,430 SF 0.64 ac lot Built 1957
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US18-2115463
Property summary
AI-generated overview

This exceptional commercial property at 3150 Suntree Boulevard, Rockledge, Florida 32955, presents a unique opportunity for redevelopment. The 1,430 square foot existing building sits on a substantial 27,878.4 square foot lot, zoned BU-2 for Office, Retail, Warehousing & Wholesale Commercial uses. The property's ideal location in the Suntree area, surrounded by numerous medical offices and situated on a high-traffic road, offers significant potential. Complete architectural plans are available for an 8,750 square foot medical/office building, which can be subdivided into smaller units. This comprehensive package eliminates the time and expense typically associated with planning and design, allowing for a streamlined development process. The property boasts two convenient access points from Suntree Boulevard and 3rd Street, enhancing accessibility and visibility. Furthermore, its proximity to five hospitals within a 30-minute radius makes it particularly attractive for medical-related businesses. The asking price for this turnkey opportunity is $1,100,000. Built in 1957, this single-story building presents a blank canvas for a lucrative commercial venture.

Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,430 SF
Lot 0.64 ac (27,878 SF)
Zoning code BU-2
APN 26-36-13-DE-00001.0-0003.00
UPID US18-2115463
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
3150 Suntree LLC · 7 yrs held
3150 Suntree LLC
since 2019
7 recorded transactions
2019
$450,000
2010
$325,000
2009
Price N/A
2008
Price N/A
2006
$620,000
2004
$344,600
2000
$169,300
Zoning & alternative use
BU-2 · Rockledge, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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