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

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©2023 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 EXP Realty LLC 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Data updated Thursday, January 26th, 2023.
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