401 Ocean Ave - Office FOR SALE


Melbourne Beach, FL 32951
$2,500,000 USD
772-778-4885
401 Ocean Ave, Melbourne Beach, FL for Sale
$2,500,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

401 Ocean Ave
Melbourne Beach, FL 32951


OVERVIEW

This professional office building, situated on 1.15 acres, encompasses a total building area of 12,000 square feet and features 15 thoughtfully designed units. Constructed in 1979 with durable CBS (concrete block and stucco) materials, the property is equipped with a built-up roof and is connected to city water and sewer. Each floor offers two restrooms for added convenience, and an elevator ensures easy access to all levels. The property includes ample parking with 72 designated spaces, providing hassle-free access for tenants and visitors alike. Recent extensive renovations have enhanced both the interior and exterior, including new paint, logos, and carpeting, creating a modern and welcoming environment. Zoned as 8-B Residential Business, this property is well-suited for a variety of professional office uses, making it a versatile investment opportunity in a highly desirable location.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Osceola Professional

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

B-8

APN/PARCEL ID

28-38-07-FY-00002.0-0010.00

ASK ABOUT THIS PROPERTY

Kirk Von Stein, CCIM, CPMCharles A. Von Stein, Inc.More Info
772-778-4885

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Kirk Von Stein, CCIM, CPMCharles A. Von Stein, Inc.More Info
772-778-4885

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.