For Sale
$2,500,000

401 Ocean AveMelbourne Beach, FL 32951

Melbourne Beach, FL: Prime Oceanfront Office Complex

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 12,000 square foot, two-story office building in Melbourne Beach, Florida, presents a compelling investment opportunity. Located at the high-traffic intersection of Ocean Avenue and South Highway A1A, this property boasts unparalleled visibility and accessibility. The 1.15-acre lot houses 16 units ranging from 220 to 1,610 square feet, currently 100% occupied. Built in 1979 with durable concrete block and stucco construction, the building features a built-up roof, city water and sewer connections, and an elevator. Each floor offers two restrooms for tenant convenience. Ample parking is provided with 72 designated spaces. Recent renovations include new paint, logos, and carpeting, creating a modern and inviting atmosphere. The 8-B Residential Business zoning allows for diverse professional office uses. The property's prime location, coupled with its recent upgrades and high occupancy rate, makes it an attractive investment in a thriving coastal community. The asking price is $2,500,000.

Highlights

  • 12,000 SF two-story office building on a 1.15-acre lot in Melbourne Beach, FL.
  • High-traffic location at Ocean Avenue and South Highway A1A offers excellent visibility and accessibility.
  • 16 units (220-1,610 SF), currently 100% occupied.
  • Concrete block and stucco construction (1979), built-up roof, city utilities, elevator, and 72 parking spaces.
  • Recently renovated with new paint, logos, and carpeting.
  • 8-B Residential Business zoning allows diverse professional office uses.

Property Details for 401 Ocean Ave

Property type
Retail properties, Office properties
Square Feet
220 SF
Stories
2
Lot Size (sq. ft)
50,094 SF
Units
16

Location Insight

City
Melbourne Beach
County
Brevard
State
Florida
Latitude
28.0678725
Longitude
-80.5612306
401 Ocean Ave, Melbourne Beach, Florida

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401 Ocean Ave
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