3999 Harbor City BlvdMelbourne, FL 32935

Property Details for 3999 Harbor City Blvd

Year built

2006

Construction

WOOD

Lot size

0.26 AC

Property size (Sq ft)

3,360 SF

Zone code

RP

Property type

Office properties

Property subtype

Office buildings

APN

27-37-05-00-00001.0-0000.00

APU

9223372036854775807

Description

This exceptional 1,680-square-foot Class A office suite is located in Melbourne, Florida, at the high-traffic intersection of Post Road and US-1. Situated on the second floor of a two-story building (built in 2006), this single-tenant space offers convenient access via elevator or a private back stairwell. The suite boasts four offices (two large, two small), a sophisticated conference room complete with a solid stone table, marble floors, and a wet bar with storage. An upgraded break room includes a kitchenette. The space features 9-foot ceilings and is partially furnished. Utilities are a significant advantage: water, electricity, and cleaning are covered by the landlord; tenants are only responsible for phone and internet. The 0.26-acre property includes a total of 8 shared parking spaces (5 dedicated, 3 shared). Excellent signage opportunities are available on US-1. The entire building encompasses 3,360 square feet, with a minimum divisible space of 1,680 square feet. The building is equipped with one elevator.

• CAP approach

  CAP return

  Valuation

  6%

  $923,463

  6.5%

  $852,427

  7%

  $791,540

• Comparable approach

  Method

  Valuation

  Relative Method

  $527,621

  Geo Method

  $527,621

• Alternative Use

  Use

  Valuation

  Residential

  $1,057,010

  Hospitality

  $968,216

  Educational

  $805,544

  Medical

  $833,248

  Retail

  $1,253,068

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.1719

Longitude

-80.6468

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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