Closed
$2,150,000
Sold For
22,130
SqFt
22,130
SqFt

1020 W Eau Gallie Boulevard

Melbourne, Florida FL32935

Incredible investment opportunity in the heart of Melbourne near the growing Eau Gallie Arts District. This Income-producing, professional office building is 22,000 sqft and situated on 1.77 acres off Eau Gallie Blvd. With high traffic count and great exposure, this well-maintained building boosts 7 suites that are 100% leased with long-term, established tenants. Each suite has a private front and back entrance and 1-2 private bathrooms in each suite . Suite I includes a loading dock and 2 large bay doors. Conveniently located near the Melbourne Airport, US 1, I95, the Beaches, and the growing Space Industry. Prime location in a strong and continually growing county only 45 minutes from Orlando. Rent rolls and financials available upon request. Floor plans and property video available.

About This Property

Listing ID882847
Sold For$2,150,000$275K
StatusClosed
Sold Date11/19/2021
SqFt 22,130
Acres 1.770
CountyBrevard
SubdivisionNone
Year Built1999
Property TypeCommercial
Property Sub TypeCommercial
County Brevard
Price Before Reduction 2425000
Price Reduction Date 2021-05-17T17:24:04+00:00
Property Sub Type Commercial
Property Type Commercial
Subdivision None
Year Built 1999
Clear Ceiling Height 22130
Cooling Central Air, Electric
Flooring Other
Heating Central Individual, Electric
Type A: Half Baths 2
Type A: Size 1500
Type B: Half Baths 1
Type B: Size 1500 Sqft
Type C: Half Baths 2
Type C: Size 1500 Sqft
Type D: Half Baths 7
Type D: Size 11,500
Type E: Half Baths 2
Type E: Size 3000
Number of Overhead Doors 2
Roof: Other YES
Utilities Public Sewer, Public Water, Telephone
Absolute Longitude 80.635052
Area 323 - Eau Gallie
County Sub/Condo Name EAU GALLIE, VILLAGE PLAT OF
General County Location Central
Building Info Loading Dock
Legal Description EAU GALLIE, VILLAGE PLAT OF PART OF OUTLOT 1 AS DESC IN ORB 2956 PG 1969
Price Change Timestamp 2021-05-17T11:42:24+00:00
Special Info Corporate Owned
Unit 1: Unit or Suite Number A
Unit 2: Unit or Suite Number B
Unit 3: Unit or Suite Number C
Units 7
Use Code 17 / OFFICE, ONE STORY
Current Lease Gross Rent, Long Term
Prior List Price 2425000
Tax ID 27-37-16-25-00000.0-0001.02
Taxes 27863.4
Type A: Annual Rent 22500
Type B: Annual Rent 21000
Type C: Annual Rent 14400
Type D: Annual Rent 124800
Type E: Annual Rent 24000

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Listing courtesy of Denovo Realty
©2022 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Brevard Multiple Listing Service. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other than RE/MAX Elite are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Data updated Wednesday, January 19th, 2022.
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