For Sale
$650,000

105-107 Longwood AveRockledge, FL 32955

Prime Medical Office, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5,650 square foot medical office building, situated on a 0.36-acre lot in Rockledge, Florida, presents a compelling investment opportunity. Currently operating at 100% occupancy as a Cancer Care Center, this Class C property boasts a desirable location directly across from Wuesthoff Hospital, within Rockledge's thriving medical community. The building, constructed and renovated in 1999, features a two-story design with ample parking (23 spaces). The ground floor encompasses 3,875 square feet and includes a waiting area, two physician's offices, nine exam rooms, nurses' station, infusion area, file room, lab, and x-ray facilities. The second floor provides administrative/billing offices, a restroom, and storage. The property benefits from 130 feet of frontage on Longwood Avenue and a depth of 120 feet, along with landscaping, curbing, and a sprinkler system. A natural gas-powered generator ensures reliable operation. Zoned P-1, this versatile property is ideally suited for a variety of medical or office uses, offering significant potential for future growth. The asking price is $650,000, representing a 6.50% cap rate. The property's strategic location, coupled with its functional layout and existing infrastructure, makes it an attractive investment prospect. Easy access is provided by a traffic signal at the nearby Longwood/US One intersection.

Highlights

  • 5,650 SF medical office building on a 0.36-acre lot in Rockledge, FL.
  • 100% occupied Cancer Care Center, directly across from Wuesthoff Hospital.
  • Class C building, constructed/renovated in 1999, with 23 parking spaces.
  • Ground floor: 3,875 SF with exam rooms, physician offices, and support spaces. Second floor: administrative offices and storage.
  • $650,000 asking price, 6.50% cap rate.

Property Details for 105-107 Longwood Ave

Property type
Medical offices, Office properties
Square Feet
5,650 SF
Class
C
Year Built/Renovated
1999/1999
Buildings
1
Stories
2
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Rockledge
County
Brevard
State
Florida
Latitude
28.3343027
Longitude
-80.7226977
105-107 Longwood Ave, Rockledge, Florida

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105-107 Longwood Ave
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