Mar y Sol Properties

514 Loveridge Drive, Melbourne, FL 32935 (MLS# 755312)


$199,900
514 Loveridge Drive
Melbourne, FL 32935
MLS# 755312
Status: Closed
2038 sqft


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Property Description
Welcome to this move in ready centrally located building, with a new white metal roof being installed June 2016, updated bathrooms, and new outside paint. This building could be used for many different type of business like massage therapy, medical or professional. The Owner is also willing to provide zero down owner financing on a lease-to-own after the initial lease ends. Will lease at $1,250 per month, plus taxes and CAM.

Details
Maps
Location, Tax, and Legal
Tax Account: 2725343
Parcel Number: 27-37-21-76-00004.0-0018.00
General County Location: Central
Tax Annual Amount: 2671.86
Tax Year: 2015
Tax Legal Description: LOVERIDGE HEIGHTS, ADDN 2 AMENDED PLAT OF PART OF LOT 18 BLK 4 AS DESC IN ORB 2925 PG 777
Directions: Turn left on US-1 from Babcock, then turn left at Loveridge Drive, bulding in located on the right hand side. From Sarno Road turn right on US-1, and right on Loveridge Drive.
General Property Information
Number Of Units Total: 1
Stories Total: 1
Building Area Total: 2038
Lot Size Acres: 0.32
Association YN: No
Property Use: C-OFFICE BUILDING - SINGLE TENANT - 1 STORY (1700)
Water Body Access YN: No
Waterfront YN: No
Use Code: 17 / OFFICE, ONE STORY
List Price/SqFt: 98.09
Sold Price/SqFt: 98.09
Year Built: 1952
Remarks and Miscellaneous
Public Remarks: Welcome to this move in ready centrally located building, with a new white metal roof being installed June 2016, updated bathrooms, and new outside paint. This building could be used for many different type of business like massage therapy, medical or professional. The Owner is also willing to provide zero down owner financing on a lease-to-own after the initial lease ends. Will lease at $1,250 per month, plus taxes and CAM.
Construction Materials
Frame: 1
Stucco: 1
Cooling
Central Building: 1
Electric: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Central: 1
Electric: 1
Listing Terms
Assumable: 1
Lease Option: 1
Lease Purchase: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Water Source
Public: 1
Showing Requirements
Lockbox: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 2038
Ceiling Type
Drywall: 1
Location
City: 1
Sale Includes
Building Only: 1
Contingency Reason
Other: 1
Contract Information
Current Price: $199,900
Original List Price: 199900
Sold Price: $199,900
Status: Closed
Listing Contract Date: 2016-05-24
Property Sub Type: Business
Location Tax and Legal
Street Number: 514
Street Name: Loveridge
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 323 - Eau Gallie
Subdivision Name: Loveridge Heights Addn 2 Amended Plat of
Status Change Information
Major Change Timestamp: 2016-06-22T20:31:48Z
Major Change Type: Status Change
Status Change Timestamp: 2016-06-22
Contingency: Active Under Contract
Purchase Contract Date: 2016-06-11
Close Date: 2016-06-21
Close Price: 199900
Property Features
Ceiling Type: Drywall
Construction Materials: Frame; Stucco
Cooling: Central Building; Electric
Current Use: Commercial
Flooring: Carpet; Vinyl
Heating: Central; Electric
Listing Terms: Assumable; Lease Option; Lease Purchase
Possession: Close Of Escrow; Negotiable
Roof: Composition
Sale Includes: Building Only
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Lockbox
Utilities: Cable Available
Water Source: Public
Contingency Reason: Other

Listing Office: We Say Sold Inc

Last Updated: June - 15 - 2026

Information is deemed to be reliable, but is not guaranteed.