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
165

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.

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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of One Sotheby's International.