3150 Suntree Blvd 102 Rockledge, FL 32955-5719
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BU-2 · Rockledge, FLRockledge. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.