14 Suntree Pl | Melbourne, FL 32940
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14 Suntree Pl
Melbourne, FL 32940
Office Property For Sale
Executive Summary
14 Suntree Place is a well positioned medical and professional office building located in the heart of
Melbourne’s Suntree community. The building contains roughly 11,930 square feet with strong local
and national tenants generating stable income.
With significant interior renovations completed in 2020 and a new roof in 2023, this property will have
lasting market appeal. Proactive ownership and property management have kept the building in great
condition.
Located near the busy intersection of North Wickham Road and Suntree Boulevard, the property benefits
from visibility and proximity to the major roadways.
Melbourne’s Suntree community. The building contains roughly 11,930 square feet with strong local
and national tenants generating stable income.
With significant interior renovations completed in 2020 and a new roof in 2023, this property will have
lasting market appeal. Proactive ownership and property management have kept the building in great
condition.
Located near the busy intersection of North Wickham Road and Suntree Boulevard, the property benefits
from visibility and proximity to the major roadways.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,930 SF
Building Class
C
Year Built/Renovated
1986/2020
Price
$3,000,000
Price Per SF
$251
Cap Rate
6.75%
NOI
$202,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,930 SF
Building FAR
0.15
Lot Size
1.87 AC
Zoning
PUD - PUD - Planned Unit Development
Parking
24 Spaces (2.01 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Reception
PROPERTY TAXES
| Parcel Number | 26-36-13-05-00000.0-0004.00 | Improvements Assessment | $1,083,420 |
| Land Assessment | $597,240 | Total Assessment | $1,680,660 |
PROPERTY TAXES
Parcel Number
26-36-13-05-00000.0-0004.00
Land Assessment
$597,240
Improvements Assessment
$1,083,420
Total Assessment
$1,680,660
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