$750,000
West Melbourne, FL 32904
MLS# 649396
Status: Closed
8745 sqft
1 / 5
Property Description
100% occupied with 5 retail/office units. Built in 1986. The current tenants include a pawn shop, clock repair, real estate, accountant and vacuum sales/service. The section of Wickham Road from Ellis to New Haven is undergoing a widening that is scheduled to be completed in 2013 and will be a significant enhancement to property values in this area. The building has recently undergone landscaping and faade improvements. The Net Income is $66,686/yr with an 8.4% Cap Rate.
Details
Maps
Location, Tax, and Legal
Tax Account: 2705733
Parcel Number: 273636770000B0000200
General County Location: South
Tax Annual Amount: 10475.15
Tax Year: 2012
Tax Legal Description: LOT 2 EX TO RD BLK B
Directions: The building is located on Wickham Rd., 150 ft south of Sheridan Road and 1 mile north of New Haven.
General Property Information
Number Of Units Total: 5
Building Area Total: 8745
Lot Size Acres: 0.97
Association YN: No
Water Body Access YN: No
List Price/SqFt: 90.91
Sold Price/SqFt: 85.76
Remarks and Miscellaneous
Public Remarks: 100% occupied with 5 retail/office units. Built in 1986. The current tenants include a pawn shop, clock repair, real estate, accountant and vacuum sales/service. The section of Wickham Road from Ellis to New Haven is undergoing a widening that is scheduled to be completed in 2013 and will be a significant enhancement to property values in this area. The building has recently undergone landscaping and faade improvements. The Net Income is $66,686/yr with an 8.4% Cap Rate.
Construction Materials
Block: 1
Cooling
Central Building: 1
Current Use
Commercial: 1
Flooring
Other: 1
Building Features
Office: 1
Contract Information
Current Price: $750,000
Original List Price: 795000
Sold Price: $750,000
Status: Closed
Listing Contract Date: 2012-09-10
Property Sub Type: Business
Location Tax and Legal
Street Number: 1120
Street Direction Prefix: S
Street Name: Wickham
County: Brevard
State: FL
Postal Code: 32904
MLS Area Major: 331 - West Melbourne
Subdivision Name: Melbourne Village Gardens Plat of Unit No 1
Status Change Information
Major Change Timestamp: 2012-09-10T14:50:06Z
Major Change Type: New Listing
Status Change Timestamp: 2013-02-01
Purchase Contract Date: 2012-10-15
Close Date: 2013-01-31
Close Price: 750000
Property Features
Building Features: Office
Construction Materials: Block
Cooling: Central Building
Current Use: Commercial
Flooring: Other
Listing Office: SouthTrend Realty
Last Updated: June - 17 - 2026
Information is deemed to be reliable, but is not guaranteed.