$400,000
Melbourne, FL 32901
MLS# 777311
Status: Closed
3683 sqft
1 / 1
Property Description
3 income producing offices in very convenient Melbourne location. Just outside of Downtown and close to the airport. Seller filed condo paperwork for the building, so units could be split by a new owner. Renting for approximately $900/unit. Good building for owner/user wanting to offset costs with rental income.
Details
Maps
Location, Tax, and Legal
Tax Account: 2818499
Parcel Number: 28-37-04-02-00013.0-0001.00
General County Location: South
Tax Annual Amount: 5687.31
Tax Year: 2016
Tax Legal Description: MAGNOLIA PARK PLAT NO 2 LOTS 1,2 BLK 13
Directions: 192 to North on Airport Blvd, property is on the corner of Airport and W Seminole Ave.
General Property Information
Number Of Units Total: 3
Stories Total: 2
Building Area Total: 3683
Lot Size Acres: 0.3
Association YN: No
Property Use: C-OFFICE BUILDING - MULTI TENANT -2 OR MORE STORIES (1810)
Water Body Access YN: No
Waterfront YN: No
Use Code: 18 / OFFICE, MULTI-STORY
List Price/SqFt: 115.4
Sold Price/SqFt: 108.61
Year Built: 1986
Remarks and Miscellaneous
Public Remarks: 3 income producing offices in very convenient Melbourne location. Just outside of Downtown and close to the airport. Seller filed condo paperwork for the building, so units could be split by a new owner. Renting for approximately $900/unit. Good building for owner/user wanting to offset costs with rental income.
Construction Materials
Frame: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 29500
Insurance Expense: 1527
Maintenance Expense: 0
New Taxes Expense: 5395
Supplies Expense: 0
Roof
Concrete: 1
Special Listing Conditions
Presently Leased: 1
Utilities
Other: 1
Showing Requirements
Call Listing Agent: 1
Building Features
Clear Ceiling Height: 3683
Location
Airport Access: 1
City: 1
Operating Expense Includes
Utilities: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Current Zoning: RP, Com Area Maint Incl: Grounds/Plants,Water,Trash Removal,Sewer,Real Estate Tax,Maintenance - Exteri,Lawn Care,Insurance - Bldg, Expenses-Utilities: 1190, Expenses-Maint & Repair: 365, Utilities: 1190, Maint & Repair: 1265
Contract Information
Current Price: $400,000
Original List Price: 495000
Sold Price: $400,000
Status: Closed
Listing Contract Date: 2017-03-02
Property Sub Type: Business
Location Tax and Legal
Street Number: 1601
Street Name: Airport
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Magnolia Park Plat No 2
Status Change Information
Major Change Timestamp: 2023-11-11T09:28:11Z
Major Change Type: Price Reduced
Price Change Timestamp: 2018-05-22T14:57:15Z
Status Change Timestamp: 2018-10-29
Purchase Contract Date: 2018-10-01
Close Date: 2018-10-25
Close Price: 400000
Property Features
Construction Materials: Frame; Stucco
Cooling: Central Air; Electric
Current Use: Commercial
Flooring: Carpet; Vinyl
Heating: Central; Electric
Listing Terms: Cash; Conventional; Lease Option
Location: Airport Access
Possession: Close Of Escrow
Roof: Concrete
Sale Includes: Building & Land
Showing Considerations: Occupied
Showing Requirements: Call Listing Agent
Special Listing Conditions: Presently Leased
Utilities: Other
Listing Office: Fraser Group, Inc
Last Updated: June - 15 - 2026
Information is deemed to be reliable, but is not guaranteed.