$450,000
Melbourne, FL 32940
MLS# 899145
Status: Closed
888 sqft

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Property Description
RIVER VIEWS!!! Don't miss this opportunity to own a PRIME COMMERCIAL property right ON US1 JUST SOUTH OF PINEDA with thousands of cars passing daily. Exceptional location for commerce. APPRAISAL IN HAND General retail shopping, offices, personal service businesses and high rises would accommodate this location. Property is currently occupied as an auto dealership. Property is zoned General Retail Commercial (BU-1)which allows for the permitted use of many other types of businesses as well, besides its current use. Note this listing includes (2)pieces of real estate property (.34 Acres) Tax Account# 2609631 (.17Acres) and Tax Account# 2630224 (.17Acres) Listing Sales price includes both pieces of real estate property. Not offered to be sold as indivisible (separate) properties.
Details
Maps
Location, Tax, and Legal
Tax Account: 2609631
Parcel Number: 26-37-30-Ds-00000.0-0001.02
General County Location: North
Tax Annual Amount: 1177.11
Tax Year: 2020
Tax Legal Description: INDIAN RIVER VILLA REC IN DB 318 PG 182 PART OF N 1/2 OF LOT 1 AS DESC IN ORB 212 PG 6 KNOWN AS PT OF LOT 1 EXC ORB 4359
Directions: Located on the West side of US1 just south of the Pineda Causeway.
General Property Information
Number Of Units Total: 1
Building Area Total: 888
Lot Size Acres: 0.34
Association YN: No
Property Use: C-USED AUTOMOBILE SALES (2730)
Water Body Access YN: No
Use Code: 27 / AUTO SALES, REPAIR, ETC
List Price/SqFt: 557.43
Sold Price/SqFt: 506.76
Year Built: 1969
Remarks and Miscellaneous
Public Remarks: RIVER VIEWS!!! Don't miss this opportunity to own a PRIME COMMERCIAL property right ON US1 JUST SOUTH OF PINEDA with thousands of cars passing daily. Exceptional location for commerce. APPRAISAL IN HAND General retail shopping, offices, personal service businesses and high rises would accommodate this location. Property is currently occupied as an auto dealership. Property is zoned General Retail Commercial (BU-1)which allows for the permitted use of many other types of businesses as well, besides its current use. Note this listing includes (2)pieces of real estate property (.34 Acres) Tax Account# 2609631 (.17Acres) and Tax Account# 2630224 (.17Acres) Listing Sales price includes both pieces of real estate property. Not offered to be sold as indivisible (separate) properties.
Construction Materials
Block: 1
Frame: 1
Cooling
Central Building: 1
Electric: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Roof
Metal: 1
Security Features
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Special Listing Conditions
County Jurisdiction: 1
Utilities
Cable Available: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Showing Service: 1
Building Features
Computer Wired: 1
Kitchen Facilities: 1
Office: 1
Private Restroom: 1
Rear Access: 1
Reception Area: 1
Separate Office Area: 1
Storage: 1
Ceiling Type
Drywall: 1
Insulated: 1
Location
County: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Current Zoning: BU 1, Legal/Misc-Home Warranty: No
Contract Information
Current Price: $450,000
Original List Price: 574900
Sold Price: $450,000
Status: Closed
Listing Contract Date: 2021-03-10
Property Sub Type: Business
Location Tax and Legal
Street Number: 5520
Street Direction Prefix: N
Street Name: Harbor City / Us1
Street Suffix: Highway
Street Direction Suffix: N
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Indian River Villa Rec In Db 318 Pg 182
Status Change Information
Major Change Timestamp: 2023-11-11T09:37:16Z
Major Change Type: Price Reduced
Price Change Timestamp: 2021-11-04T18:50:29Z
Status Change Timestamp: 2022-03-04
Purchase Contract Date: 2022-01-31
Close Date: 2022-03-02
Close Price: 450000
Property Features
Building Features: Computer Wired; Kitchen Facilities; Office; Private Restroom; Rear Access; Reception Area; Separate Office Area; Storage
Ceiling Type: Drywall; Insulated
Construction Materials: Block; Frame
Cooling: Central Building; Electric
Current Use: Commercial
Flooring: Carpet; Tile
Heating: Central; Electric
Listing Terms: Cash; Conventional
Location: County
Possession: Close Of Escrow
Roof: Metal
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Sewer: Septic Tank
Showing Requirements: Call Listing Agent; Showing Service
Special Listing Conditions: County Jurisdiction
Utilities: Cable Available
Water Source: Public
Listing Office: Property Sisters of Brev. LLC
Last Updated: June - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.
