405 Strawbridge AveMelbourne, FL 32901

Property Details for 405 Strawbridge Ave

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.29 AC

Property size (Sq ft)

3,172 SF

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

28-37-03-33-00001.0-0010.00

APU

9223372036854775807

Description

This exceptional 3,060 square foot office space is located at 405 E Strawbridge Ave in Melbourne, Florida (zip code 32901), offering a blend of traditional and creative office layouts. Built in 2000, this single-tenant property boasts a highly visible 100-foot frontage on US-192, benefiting from the 21,000 vehicles passing daily. The interior features five private offices, a spacious open workspace ideal for collaboration, two bathrooms including a shower, a convenient kitchen area, and a dedicated reception area. An added bonus is the upstairs loft space, providing extra versatility. The property is zoned C1 and its APN is 28-37-03-33-1-10. Its strategic location in the heart of downtown Melbourne provides easy access to a variety of amenities, including nearby cafes, restaurants, and retail shops, all within the vibrant "Historic Downtown" area known for its shopping, dining, galleries, and entertainment options. This property presents a unique opportunity for businesses seeking a prominent and functional space in a thriving urban setting. The building's total square footage is 3,060 square feet, all of which is currently vacant. This presents a blank canvas for a business to customize the space to perfectly fit their needs.

• CAP approach

  CAP return

  Valuation

  6%

  $871,793

  6.5%

  $804,732

  7%

  $747,251

• Comparable approach

  Method

  Valuation

  Relative Method

  $498,099

  Geo Method

  $498,099

• Alternative Use

  Use

  Valuation

  Residential

  $997,868

  Hospitality

  $914,042

  Educational

  $760,472

  Medical

  $786,626

  Retail

  $1,182,956

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.0792

Longitude

-80.6141

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].