105-107 Longwood AveRockledge, FL 32955

Property Details for 105-107 Longwood Ave

Year built

1999

Lot size

0.36 AC

Property size (Sq ft)

5,650 SF

Property type

Medical offices

Property subtype

Office properties

Description

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.

Location Insight

City

Rockledge

County

Brevard

State

Florida

Latitude

28.3343

Longitude

-80.7227

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