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1005 E Strawbridge Avenue Melbourne, FL $ 1,995,000
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$ 1,995,000 Get more info
1005 E Strawbridge Avenue
$ 1,995,000
Back to search
Share Save

1005 E Strawbridge Avenue

Melbourne, FL, 32901
$ 1,995,000
Baths0.0 Sq 8,618

Monthly Estimate*

$ 13,936

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Studio

Commercial Property for sale in Melbourne, FL

for $1,995,000. This 8,618 square foot building was built in 1955 on a lot size of 0.61.

1005 E Strawbridge is located in the heart of Melbourne's Historic Downtown area, which widely regarded as the nucleus of the community. The building sits in the middle of the action. Spanning over 9,358 square feet on .61 acres. It presents a unique opportunity for a buyer to either renovate and repurpose the existing structure or redevelop it entirely to create a new Multi-Family property, 150 key Hotel or Office Building. With over 275 businesses in this one mile district, the area is a hub of activity. 
A mixed-use development would be the best and highest use of the property. Listed at $1,995,000, it's an excellent investment opportunity for anyone looking to expand their portfolio or establish a foothold in the Space Coast of Florida.

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Commercial Pending

Price

$ 1,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,341

Style

Business

Lot Size

0.61

Year Built

1955

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

964457
Features
General
Heating Central
Cooling Central Building
Possession Negotiable
Roof Rolled/Hot Mop
Construction Materials Concrete
Year Built 1955
Property SubType Business
Tax Year 2022
Current Use Commercial
County Brevard
Property Type Commercial Sale
HOA / Comm Assn N
Status Pending
Directions Highway US1 west onto 192 (E Strawbridge)
City Melbourne
View Y/N N
Senior Community Y/N N
Total Units 1
MLS Area 330 - Melbourne - Central
Lot Size Square Feet 26571.6
Waterfront Y/N N
Street Name Strawbridge
Land Lease Y/N N
Tax Annual Amount 1341.18
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 330 - Melbourne - Central
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/964457
Standard Status Pending
Legal Description POWELLS RESUBD OF MELBOURNE W 10 FT OF LOT 9 ALL LOTS 12 13 16 BLK 19
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Interior
Flooring Carpet Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Inclusions {u'Building & Land': True}
Lot Size Area 0.61
Spa N
Lot Size Acres 0.61
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1005
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* Excluded Features
List By
Reach Commercial Real Estate

Broker

casshartfordsales@gmail.com

Email

Affordability Calculator

$14,047
Per Month
99%
1%
0%
Monthly Principal & Interest
$13,936
Monthly Property Taxes
$112
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/8/2024$1,995,000 Listed Price

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1005 E Strawbridge Avenue, Melbourne, FL, 32901 is a Commercial Property for sale at $1,995,000 with 8,618 sqft and a lot size of 0.61. 1005 E Strawbridge Avenue is a studio with 0.0 baths and was built in 1955. The property's zip code is 32901 which is in Melbourne, FL

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