Active
$18,500,000
Price
73,296
SqFt
73,296
SqFt
930 S Harbor City Boulevard
Melbourne, Florida FL32901
6% cap rate!! Beautiful 5 story glass office building with water views!! This building is 99% full! Only 1535 sq.ft left to lease. The Net Income is $1,138,894.08 a year with CAM paying the expenses. Tenants leases have 3 to 5% bumps per year built into leases and current CAM is $6.25. Office spaces have been completely renovated to A+ standards along with all the common areas and bathrooms. Tons of parking in both front and back of the building.
About This Property
Listing ID938771
Price$18,500,000
Price/SqFt$271.65
StatusActive
SqFt
73,296
Acres
4.390
CountyBrevard
SubdivisionRIVERSIDE DRIVE
Year Built1985
Property TypeIncome
Property Sub Type10+ Units
County
Brevard
Price/SqFt
271.65
Property Sub Type
10+ Units
Property Type
Income
Subdivision
RIVERSIDE DRIVE
Year Built
1985
Equipment/Appliances
Other
Floor
Carpet, Ceramic Tile, Laminate
Heat
Central
Number of Units
18
Split Bedroom
yes
Total SqFt
68102
Buildings
1 Building
Construction
Concrete Block, Frame - Metal
Exterior Finish
Stucco
Lot Description
Other - Call Agent, Paved Street, Sidewalks
Lot SqFt
191228
Parking
Other - Call Agent, Under Building
Pool
no
Pool - Community
no
Pool - Private
no
Roof
Rolled Comp
Style
Other - Call Agent
Utilities
City Water, Common Sewer, Sewer Connected
Waterfront
yes
Waterfront Type
Indian River
Absolute Longitude
80.611927
Area
323 - Eau Gallie
County Sub/Condo Name
RIVERSIDE DRIVE
General County Location
South
Schools: Elementary School
Harbor City
Schools: High School
Melbourne
Schools: Middle School
Hoover
Common Amenities
Elevator
Fixer Upper
no
Legal Description
RIVERSIDE DRIVE LOTS 18 TO 24 BLK A LYING W OF US HWY 1 EXC E 200 FT OF LOTS 22,233 & 24
Measurements From
Other
Expenses Include
Insurance, Lawn-Landscape Mnt, Legal/Accounting, Maintenance Person, Management, Repair/Maintenance, RE Taxes, Water-Sewer
Home Owners Association Type
None
Possession
Closing
Possible Financing
Cash, Conventional
Property Status
Standard
Rent Includes
CAM Expenses, Common Electric, Elevator, Insurance, Lawn/Land Mntnce, Maintenance Person, Other, RE Taxes, Sewer, Utilities, Water
Tax ID
27-37-34-Ep-0000a.0-0018.01
Taxes
96997.1
Schedule a Showing - Listing ID 938771
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For more immediate assistance, please call The Barclay Group at 321.514.9862.
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