$535,000
Melbourne, FL 32934
MLS# 648525
Status: Closed
9600 sqft
1 / 4
Property Description
Tenant leasing half of the building for 3 year term paying only $5 per SF. This property was built in 1999 and was originally designed as a six tenant office building with unit sizes of 1,200 sf and 1,800 sf. Building is metal with stucco and brick column ext and a metal roof. There are separate HVAC and electrical panels for 6 individual office suites. Building is currently split into 2 office suites of 4,800 sf each. Half of building is occupied by a tenant thru May 2015 and other half is vacant. Vacant half was fully renovated with new carpet and paint.
Details
Maps
Location, Tax, and Legal
Tax Account: 2736151
Parcel Number: 273623760000b0000100
General County Location: South
Tax Annual Amount: 11910.18
Tax Year: 2012
Tax Legal Description: LOT 1 BLK B
Directions: building is located on sw corner of Sarno Road and North Drive in Melbourne approx 1 mile east of I-95/Eau Gallie exit and 1/2 mile west of Wal Mart
General Property Information
Number Of Units Total: 6
Building Area Total: 9600
Lot Size Acres: 1.15
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 57.29
Sold Price/SqFt: 55.73
Year Built: 1999
Remarks and Miscellaneous
Public Remarks: Tenant leasing half of the building for 3 year term paying only $5 per SF. This property was built in 1999 and was originally designed as a six tenant office building with unit sizes of 1,200 sf and 1,800 sf. Building is metal with stucco and brick column ext and a metal roof. There are separate HVAC and electrical panels for 6 individual office suites. Building is currently split into 2 office suites of 4,800 sf each. Half of building is occupied by a tenant thru May 2015 and other half is vacant. Vacant half was fully renovated with new carpet and paint.
Construction Materials
Brick: 1
Cooling
Central Building: 1
Current Use
Commercial: 1
Flooring
Tile: 1
Heating
Other: 1
Lot Features
Other: 1
Income and Expenses
Net Operating Income: 0
Operating Expense: 0
Roof
Metal: 1
Building Features
% Air Conditioned or Heated: 45
Office: 1
Contingency Reason
Other: 1
Contract Information
Current Price: $535,000
Original List Price: 625000
Sold Price: $535,000
Status: Closed
Listing Contract Date: 2012-08-28
Property Sub Type: Business
Location Tax and Legal
Street Number: 770
Street Name: North
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32934
MLS Area Major: 331 - West Melbourne
Subdivision Name: North Drive Industrial Plaza
Status Change Information
Major Change Timestamp: 2023-11-13T02:13:14Z
Major Change Type: Price Reduced
Price Change Timestamp: 2013-07-31T15:40:43Z
Status Change Timestamp: 2014-01-31
Contingency: Active Under Contract
Purchase Contract Date: 2013-11-21
Close Date: 2014-01-30
Close Price: 535000
Property Features
Building Features: Office
Construction Materials: Brick
Cooling: Central Building
Current Use: Commercial
Flooring: Tile
Heating: Other
Lot Features: Other
Roof: Metal
Contingency Reason: Other
Listing Office: SouthTrend Realty
Last Updated: June - 28 - 2026
Information is deemed to be reliable, but is not guaranteed.