$2,750,000
Palm Shores, FL 32940
MLS# 973713
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Property Description
Unique Opportunity to Own Prime Commercial Real Estate in Melbourne! 4.64 Acres of Direct US 1 and 300 ft. of Indian River Front Frontage; can be broken up into three parcels total. One of the three potential parcels has a beautiful concrete block 5400 square foot tile roof building and is currently fully occupied with long term leases in place. Build on the other two parcels as you collect income from this beautiful building! Owner will sell the out parcels separately Owner will sell the out parcels separately at ($500k) per outparcel
Details
Maps
Contract Information
Current Price: $2,750,000
Original List Price: 2750000
List Price: $2,750,000
Status: Active
Listing Contract Date: 2023-08-28
Property Sub Type: Business
Location, Tax, and Legal
Street Number: 5120
Street Direction Prefix: N
Street Name: Highway 1
Unit Number: 102
Tax Account: 2609649
Parcel Number: 26-37-30-Dt-00000.0-0005.00
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 322 - NE Melbourne/Palm Shores
General County Location: Central
Subdivision Name: Honeybrook Plantation
Tax Annual Amount: 13371.9
Tax Year: 2022
Tax Legal Description: HONEYBROOK PLANTATION LOTS 5,6,7 EXC ORB 7354 PG 1031 & HWY R/W
Directions: From Pineda Causeway Head South on US 1 and Building is approx 3/4 mile on your right hand side.
General Property Information
Number Of Units Total: 2
Building Area Total: 5400
Year Built: 2014
Lot Size Acres: 4.64
Property Use: C-OFFICE BUILDING - MULTI TENANT - 1 STORY (1710)
Use Code: 17 / OFFICE, ONE STORY
Waterfront YN: Yes
Water Body Name: Indian River
List Price/SqFt: 509.26
Remarks and Miscellaneous
Public Remarks: Unique Opportunity to Own Prime Commercial Real Estate in Melbourne! 4.64 Acres of Direct US 1 and 300 ft. of Indian River Front Frontage; can be broken up into three parcels total. One of the three potential parcels has a beautiful concrete block 5400 square foot tile roof building and is currently fully occupied with long term leases in place. Build on the other two parcels as you collect income from this beautiful building! Owner will sell the out parcels separately
Owner will sell the out parcels separately at ($500k) per outparcel
Status Change Information
Major Change Timestamp: 2024-03-30T19:15:29Z
Major Change Type: Status Change
Status Change Timestamp: 2024-03-30
Building Features
Clear Ceiling Height: 5400
Historical Information
Public Historical Remarks 3: Current Zoning: C-2, Legal/Misc-Home Warranty: No
Property Features
Construction Materials: Block
Cooling: Central Air; Central Building; Electric
Current Use: Commercial
Flooring: Carpet; Tile
Heating: Central; Electric
Listing Terms: Cash; Conventional; Lease Option
Possession: Subject To Tenant Rights
Roof: Barrel; Tile
Sale Includes: Building & Land
Security Features: Closed Circuit Camera(s); Smoke Detector(s)
Showing Requirements: Appointment Only
Waterfront Features: River Front
Listing Office: CENTURY 21 Baytree Realty
Last Updated: March - 30 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of Space Coast MLS as well as Florida Realtors® MLS Advantage Participants and Particpants in the Coast2Coast datashare.