Melbourne, FL 32940,5120 N Highway 1
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Melbourne, FL 32940,5120 N Highway 1
Melbourne, FL 32940,5120 N Highway 1
Melbourne, FL 32940,5120 N Highway 1
Melbourne, FL 32940,5120 N Highway 1
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Joanie Iaco

Joanie Iaco

+1(321) 338-0024
$ 2,900,000
Est. payment /mo
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5120 N Highway 1 Melbourne, FL 32940

4 Baths

5,400 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,400 sqft

Price per Sqft $537

Subdivision Honeybrook Plantation

MLS Listing ID 1066459

Total Fin. Sqft 5400

Year Built 2014

Annual Tax Amount $15,771

Tax Year 2025

Lot Size 4.640 Acres

Acres 4.64

Property Sub-Type Office

Source Space Coast MLS (Space Coast Association of REALTORS®)

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! Phase 1 Environmental Completed with approval for 33,000 square foot building. Height variance approved by the town of Palm Shores for this project. Will provide documentation; New 5 year leases in place on current building.

Location

State FL

County Brevard

Area 322 - Ne Melbourne/Palm Shores

Direction From Pineda Causeway Head South on US 1 and Building is approx 3/4 mile on your right hand side.

Body of Water Indian River

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Tile

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Fence Vinyl

Utilities Available Electricity Available, Electricity Connected, Sewer Available, Water Available

Waterfront Description Navigable Water,Intracoastal

Roof Type Tile

Present Use Commercial,Office

Garage No

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 26-37-30-Dt-00000.0-0005.00

Special Listing Condition Standard

Space Coast Association of Realtors (Brevard MLS)
Listed by CENTURY 21 Baytree Realty
Joanie Iaco

Joanie Iaco

Advisor | License ID: 3606402

+1(321) 338-0024

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5120 N Highway 1