930 S Harbor City Boulevard, Melbourne, FL 32901
- $18,500,000
- 68,102
- SqFt
- List Price
- $18,500,000
- MLS#
- 938771
- Status
- ACTIVE
- Type
- Multifamily
- Sub Type
- 10+ Units
- County
- Brevard
- City
- Melbourne
- Area
- Eau Gallie
- Subdivision
- Riverside Drive
- Living Area
- 68,102
- Total Square Feet
- 73,296
- Acres
- 4.39
- Year Built
- 1985
- Days on Market
- 278
Property Description
6% cap rate!! Beautiful 5 story glass office building with water views!! This building is 99% full! Only 1535 sq.ft left to lease. The Net Income is $1,138,894.08 a year with CAM paying the expenses. Tenants leases have 3 to 5% bumps per year built into leases and current CAM is $6.25. Office spaces have been completely renovated to A+ standards along with all the common areas and bathrooms. Tons of parking in both front and back of the building.
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Additional Information
- Style
- Other - Call Agent
- Hoa
- None
- Tax Year
- 2021
- Tax Amount
- $96,997
- Community Amenities
- Elevator
- Location Description
- Other - Call Agent, Paved Street, Sidewalks
- Equipment And Appliances
- Other
- Utilities
- City Water, Common Sewer, Sewer Connected
- Exterior Finish
- Stucco
- Construction
- Concrete Block, Frame - Metal
- Roof
- Rolled Comp
- Floor
- Carpet, Ceramic Tile, Laminate
- Water Frontage
- Indian River
- Elementary School
- Harbor City
- Middle School
- Hoover
- High School
- Melbourne
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Listing courtesy of One Sotheby's International.