$600,000
Melbourne, FL 32935
MLS# 888933
Status: Closed
8130 sqft
1 / 39
Property Description
****FANTASTIC INVESTMENT in a PRIME area**** 5 INDIVIDUAL UNITS IN THIS PLAZA. CURRENTLY LEASED AT $1000/MO EACH. HAS A VERY LARGE STORAGE AREA IN THE BACK AS WELL WITH A COMMERCIAL ROLL-UP DOOR!! ***ROOF IS 3 YEARS OLD WITH A 10 YEAR WARRANTY***. PROPERTY BEING SOLD ''AS IS'' WITH INSPECTIONS WELCOMED. PLEASE DO NOT BOTHER TENANTS. THANK YOU FOR YOUR INTEREST!!! **PLEASE NOTE THAT PLAZA DOES NOT INCLUDE COFFEE SHOP ON THE CORNER OF BALLARD DR.(BABCOCK ST.) AND US 1** THAT IS A SEPARATE PARCEL. ***TRAFFIC COUNT IS APPROX. 45,000 CARS PER DAY***!!! VERY NICE AND ACTIVE!!!
Details
Maps
Location, Tax, and Legal
Tax Account: 2724228
Parcel Number: 27-37-21-El-00000.0-0002.00
General County Location: South
Tax Annual Amount: 9606.47
Tax Year: 2020
Tax Legal Description: BOTTS UNREC SUBD PART OF SE 1/4 AS DES IN DB 424 PG 251 BEING A PT OF BOTTS UNREC SUBD
Directions: Located on the SE corner of US #1 and Ballard Drive(Babcock St.) in Melbourne. Center is called ''Ballard Plaza''.
General Property Information
Number Of Units Total: 5
Stories Total: 1
Building Area Total: 8130
Lot Size Acres: 0.41
Association YN: No
Property Use: C-RETAIL STORE - MULTIPLE UNITS (1110)
Water Body Access YN: No
Waterfront YN: No
Use Code: 11 / STORES, ONE STORY
List Price/SqFt: 79.32
Sold Price/SqFt: 73.8
Year Built: 1958
Remarks and Miscellaneous
Public Remarks: ****FANTASTIC INVESTMENT in a PRIME area**** 5 INDIVIDUAL UNITS IN THIS PLAZA. CURRENTLY LEASED AT $1000/MO EACH. HAS A VERY LARGE STORAGE AREA IN THE BACK AS WELL WITH A COMMERCIAL ROLL-UP DOOR!! ***ROOF IS 3 YEARS OLD WITH A 10 YEAR WARRANTY***. PROPERTY BEING SOLD ''AS IS'' WITH INSPECTIONS WELCOMED. PLEASE DO NOT BOTHER TENANTS. THANK YOU FOR YOUR INTEREST!!! **PLEASE NOTE THAT PLAZA DOES NOT INCLUDE COFFEE SHOP ON THE CORNER OF BALLARD DR.(BABCOCK ST.) AND US 1** THAT IS A SEPARATE PARCEL. ***TRAFFIC COUNT IS APPROX. 45,000 CARS PER DAY***!!! VERY NICE AND ACTIVE!!!
Construction Materials
Block: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Shopping Center: 1
Electric
100 Amp Service: 1
Flooring
Carpet: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Lot Features
Other: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 60000
Insurance Expense: 7000
New Taxes Expense: 9606
Trash Expense: 70
Roof
Steel Joist: 1
Security Features
Security Lights: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
City Jurisdiction: 1
Easement(s): 1
Use Conforms to Zone: 1
Utilities
Cable Available: 1
Other: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Building Features
Clear Ceiling Height: 8130
Overhead Doors: 1
Private Restroom: 1
Rear Access: 1
Storage: 1
Ceiling Type
Acoustic: 1
Suspended: 1
Location
City: 1
County: 1
Shopping Center: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Expenses-Utilities: 20
Contract Information
Current Price: $600,000
Original List Price: 889000
Sold Price: $600,000
Status: Closed
Listing Contract Date: 2020-10-29
Property Sub Type: Retail
Location Tax and Legal
Street Number: 442
Street Direction Prefix: N
Street Name: Harbor City
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 323 - Eau Gallie
Subdivision Name: Botts Unrec Subd
Status Change Information
Major Change Timestamp: 2023-11-11T09:37:06Z
Major Change Type: Price Reduced
Price Change Timestamp: 2021-01-25T20:58:08Z
Status Change Timestamp: 2021-04-02
Purchase Contract Date: 2021-02-05
Close Date: 2021-04-01
Close Price: 600000
Property Features
Building Features: Overhead Doors; Private Restroom; Rear Access; Storage
Ceiling Type: Acoustic; Suspended
Construction Materials: Block; Stucco
Cooling: Central Air
Current Use: Shopping Center
Electric: 100 Amp Service
Flooring: Carpet
Heating: Central; Electric
Listing Terms: Cash; Conventional; Lease Option
Location: County; Shopping Center
Lot Features: Other
Possession: Close Of Escrow
Roof: Steel Joist
Sale Includes: Building & Land
Security Features: Security Lights; Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Call Listing Agent; Listing Agent Must Accompany
Special Listing Conditions: City Jurisdiction; Easement(s); Use Conforms to Zone
Utilities: Cable Available; Other
Water Source: Public
Listing Office: Dynasty Realty of Brevard, Inc
Last Updated: May - 15 - 2026
Information is deemed to be reliable, but is not guaranteed.