Sebastian Vero Beach Florida home for sale

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Spencer Bailey

spencer.bailey507@gmail.com +1(507) 951-2934

$ 1,300,000

Est. payment | -/mo

10 Baths

9,600 SqFt

Save Virtual Tour

$ 1,300,000

Est. payment | -/mo

Save Virtual Tour

10 Baths

9,600 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 9,600 sqft

Price per Sqft $135

MLS Listing ID 1026768

Total Fin. Sqft 9600

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Year Built 2004

Annual Tax Amount $13,000

Tax Year 2024

Lot Size 1.880 Acres

Acres 1.88

Property Description

This sale includes both 4085 & 4087 Highway 1 and the two tax account numbers are 2530654 & 2523808. The 4085 building includes a vacant .85 acre commercial lot directly across US1 on the west side. Introducing a prime investment opportunity at 4085 & 4087 U.S. 1, Rockledge, FL. There is 3,600 sf vacant which can be used by an Owner/User or can be leased for additional income. This meticulously maintained 9,600 SF building houses 8 units, offering ample space for a range of office configurations. Built in 2004 and recently renovated in 2020, this property is primed for modern business needs. Zoned BU-1 General Retail Commercial, it presents an attractive prospect in the flourishing Viera/Rockledge area. Don't miss out on this turnkey opportunity in a thriving commercial hub.
Proforma Net Income: $98,454. Proforma Cap Rate: 7.6% * Based on 3,600 sf vacant space leased at $14.50/sf gross. Current occupancy 62.5%

Location

State FL

County Brevard

Area 216 - Viera/Suntree N Of Wickham

Direction Located at the north end of Viera, about 1/4 mile south of Barnes Blvd on the east side of US Highway 1.

Interior

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Unassigned

Garage No

Building

Lot Description Other

Sewer Septic Tank

Water Public

Others

Senior Community No

Tax ID 25-36-23-00-00585.0-0000.00

Space Coast Association of Realtors (Brevard MLS)

Listed by SouthTrend Realty

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(507) 951-2934

spencer.bailey507@gmail.com

4085&4087 Highway 1 Rockledge, FL 32955