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700 S John Rodes Boulevard, Melbourne, FL 32904

$550,000.00

About Property

Excellent opportunity to purchase an income producing warehouse condo in the heart of Melbourne! Sale includes two adjoining 1,344 SF units = 2,688 SF footprint + bonus builtout upstairs 2,688 SF = 5,376 SF total. Floorplan is est. 1,151 SF warehouse + 4,225 SF HVAC office. Interior includes a reception area, 6 offices, conference room, bullpen and a break room. There are two 9' wide x 10' tall +/- grade level doors. Currently 100% occupied. Landlord collects $6,300/month + FL Sales Tax. Lease term expires 9/30/2025. Tenant has two 1-year renewal options with 2% annual escalators. Tenant pays utilities, and interior maintenance up to $1,500. Landlord pays Property Taxes and Association Dues which are est. $322/month. Utilities include City Water/Sewer and 1-Phase FPL electric. Conveniently located on John Rodes Boulevard which is a direct connector between New Haven Avenue, Ellis Road & Eau Gallie Boulevard. Three Interstate 95 interchanges nearby.

Essential Property Information
  • Year Built: 1986
  • Price: $550,000
  • Property Type: Commercial
  • Country: USA
  • City: Melbourne
  • Bathrooms: 4.00

Additional Property Info

  • Listing ID: 1011883
  • Listing Status: Active
  • Number Bathrooms: 4.00
  • Property Type: Commercial
  • Real Estate Taxes: $2,792.92
  • SqFt - Total: 5,376 sqft
  • State/Province: FL
  • Status: Active
  • Status Change Date: Tuesday, April 22nd, 2025
  • Street Direction: S
  • Street Name: John Rodes
  • Street Number: 700
  • Street Suffix: Boulevard
  • Subdivision: None
  • Tax Year: 2023
  • Total Building Area: 5376.00
  • Total Units: 2
  • Type: Industrial
  • Unit Number: B7 & B8
  • Virtual Tour: Click Here
  • Waterfront: No
  • Year Built: 1986
  • Zip Code: 32904

Property Details

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