$2,425,000
Melbourne, FL 32901
MLS# 868282
Status: Closed
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Property Description
Upside, Upside, Upside. Opportunity to purchase a high quality professional office building with tremendous upside! Location should increase in value once Nasa Boulevard is connected to I-95 in 2020! The property's common areas and exterior have been refurbished within the past year.
Details
Maps
Location, Tax, and Legal
Tax Account: 2729570
Parcel Number: 27-37-34-00-00289.0-0000.00
General County Location: South
Tax Annual Amount: 23005.8
Tax Year: 2019
Tax Legal Description: PART OF NW 1/4 OF NW 1/4 AS DES IN ORB 1915 PG 424 EX W 300 FT
Directions: Located on Apollo Boulevard (next to Don's Hoagies) between Nasa Boulevard & Babcock Street. Close proximity to Melbourne Airport.
General Property Information
Number Of Units Total: 8
Stories Total: 2
Building Area Total: 27458
Lot Size Acres: 1.66
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: 90.87
Sold Price/SqFt: 88.32
Year Built: 1985
Remarks and Miscellaneous
Public Remarks: Upside, Upside, Upside. Opportunity to purchase a high quality professional office building with tremendous upside! Location should increase in value once Nasa Boulevard is connected to I-95 in 2020! The property's common areas and exterior have been refurbished within the past year.
Construction Materials
Brick: 1
Cooling
Central Air: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Listing Terms
Cash: 1
Lease Option: 1
Possession
Negotiable: 1
Income and Expenses
Net Operating Income: 114000
Security Features
Closed Circuit Camera(s): 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Kitchen Facilities: 1
Lobby: 1
Office: 1
Private Restroom: 1
Reception Area: 1
Ceiling Type
Acoustic: 1
Location
Central Business District: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Current Zoning: C-P
Contract Information
Current Price: $2,425,000
Original List Price: 2395000
Sold Price: $2,425,000
Status: Closed
Listing Contract Date: 2020-02-18
Property Sub Type: Office
Location Tax and Legal
Street Number: 780
Street Direction Prefix: S
Street Name: Apollo
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Status Change Information
Major Change Timestamp: 2023-11-11T09:28:34Z
Major Change Type: Price Change
Price Change Timestamp: 2020-02-20T19:46:10Z
Status Change Timestamp: 2020-07-07
Purchase Contract Date: 2020-03-05
Close Date: 2020-07-07
Close Price: 2425000
Property Features
Building Features: Kitchen Facilities; Lobby; Office; Private Restroom; Reception Area
Ceiling Type: Acoustic
Construction Materials: Brick
Cooling: Central Air
Flooring: Carpet; Tile
Heating: Central
Listing Terms: Cash; Lease Option
Location: Central Business District
Possession: Negotiable
Sale Includes: Building & Land
Security Features: Closed Circuit Camera(s); Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent
Water Source: Public
Listing Office: The Ullian Realty Corporation
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.