Listing Address:
5120 N Highway 1 , Melbourne, FL 32940
Active
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Price: $2,900,000
MLS # 1066459
Property Type: Commercial
This property is Active. Please contact us for similar properties.
Property Description:
Unique Opportunity to Own Prime Commercial Real Estate in Melbourne! 4.64 Acres of Direct US 1 and 300 ft. of Indian River Front Frontage; can be broken up into three parcels total. One of the three potential parcels has a beautiful concrete block 5400 square foot tile roof building and is currently fully occupied with long term leases in place. Build on the other two parcels as you collect income from this beautiful building! Phase 1 Environmental Completed with approval for 33,000 square foot building. Height variance approved by the town of Palm Shores for this project. Will provide documentation; New 5 year leases in place on current building.
Property Listing Details for 5120 N Highway 1 , Melbourne, FL 32940
Subdivision
Total SqFt.
5,400
Property Sub-Type
Office
Sale / Lease
Sale
Lot Acres
4.64
County
Brevard
Tax Amount
$15,772 (2025)
D. Basile Real Estate, LLC lists and sells Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard.
This listing is courtesy of CENTURY 21 Baytree Realty. Property Listing Data contained within the D Basile Real Estate website is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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