$1,750,000
Melbourne, FL 32935
MLS# 1080412
14675 sqft
1 / 26
Property Description
Four-building commercial assemblage totaling 14,675 SF on 0.64 acres. Multi-tenant retail/office under single ownership. Oldest improvement dates to 1957. Priced at $1,750,000. Sixteen units, 13 leased. Roofs replaced 2018 and coated 2024, five HVAC systems replaced in the last four years, new water lines at 1385 in 2026. Fronts Cypress Avenue, one block off the US-1 / Eau Gallie Boulevard intersection. US-1 carries 36,500 AADT north of Eau Gallie Boulevard and 55,500 south toward Sarno Road. Eau Gallie Boulevard is the only bridge crossing to the barrier island in this segment. Melbourne Orlando International Airport is 14 minutes west, I-95 six minutes north, downtown Melbourne nine minutes south. L3Harris and Holmes Regional Medical Center are within four miles. Eau Gallie Activity Center overlay permits elevated floor area ratios and densities. Community Redevelopment Area status. Flood Zone X per FEMA Panel 12009C0519H. No flood insurance required.
Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $1,750,000
Original List Price: 1900000
List Price: $1,750,000
Status: Active
Listing Contract Date: 2026-06-18
Property Sub Type: Retail
Location, Tax, and Legal
Tax Account: 2717415
Parcel Number: 27-37-16-25-00043.0-0002.00
General County Location: South
Tax Annual Amount: 5111.02
Tax Year: 2025
Tax Legal Description: EAU GALLIE, VILLAGE PLAT OF LOT 2 & S 2 1/2 FT OF LOT 3 BLK 43 EX HWY R/W EX S 2.5 FT OF LOT 2
Directions: From I-95, take Eau Gallie Boulevard east to Cypress Avenue, just west of US-1, and the property is on the corner.From I-95, take Eau Gallie Boulevard east to Cypress Avenue, just west of US-1, and the property is on the corner.
General Property Information
Number Of Units Total: 0
Building Area Total: 14675
Building Area Source: Assessor
Lot Size Acres: 0.64
List Price/SqFt: 119.25
Year Built: 1957
Remarks and Miscellaneous
Public Remarks: Four-building commercial assemblage totaling 14,675 SF on 0.64 acres. Multi-tenant retail/office under single ownership. Oldest improvement dates to 1957. Priced at $1,750,000. Sixteen units, 13 leased. Roofs replaced 2018 and coated 2024, five HVAC systems replaced in the last four years, new water lines at 1385 in 2026. Fronts Cypress Avenue, one block off the US-1 / Eau Gallie Boulevard intersection. US-1 carries 36,500 AADT north of Eau Gallie Boulevard and 55,500 south toward Sarno Road. Eau Gallie Boulevard is the only bridge crossing to the barrier island in this segment. Melbourne Orlando International Airport is 14 minutes west, I-95 six minutes north, downtown Melbourne nine minutes south. L3Harris and Holmes Regional Medical Center are within four miles. Eau Gallie Activity Center overlay permits elevated floor area ratios and densities. Community Redevelopment Area status. Flood Zone X per FEMA Panel 12009C0519H. No flood insurance required.
Construction Materials
Other: 1
Cooling
Central Air: 1
Fencing
Other: 1
Flooring
Other: 1
Heating
Central: 1
Lot Features
Other: 1
Parking Features
Other: 1
Road Frontage Type
City Street: 1
State Road: 1
Roof
Wood Truss/Raft: 1
Other: 1
Sewer
Unknown: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Ceiling Type
Suspended: 1
Location
City: 1
Sale Includes
Building & Land: 1
Location Tax and Legal
Street Number: 1363
Street Name: Cypress
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 323 - Eau Gallie
Subdivision Name: Eau Gallie Village Plat of
Status Change Information
Major Change Timestamp: 2026-07-24T20:46:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-24T20:46:39Z
Status Change Timestamp: 2026-06-18
Property Features
Ceiling Type: Suspended
Construction Materials: Other
Cooling: Central Air
Fencing: Other
Flooring: Other
Heating: Central
Lot Features: Other
Parking Features: Other
Road Frontage Type: City Street; State Road
Roof: Wood Truss/Raft; Other
Sale Includes: Building & Land
Sewer: Unknown
Showing Requirements: Call Listing Agent
Water Source: Public
Listing Office: Reach Commercial Real Estate
Last Updated: October - 09 - 2026
Information is deemed to be reliable, but is not guaranteed.