Osceola Professional | 401 Ocean Ave
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Osceola Professional 401 Ocean Ave
12,000 SF 93% Leased Office Building Melbourne Beach, FL 32951 $2,500,000 ($208/SF)
Executive Summary
This professional office building, situated on 1.15 acres, encompasses a total building area of 12,000 square feet and features 15 thoughtfully designed units. Constructed in 1979 with durable CBS (concrete block and stucco) materials, the property is equipped with a built-up roof and is connected to city water and sewer.
Each floor offers two restrooms for added convenience, and an elevator ensures easy access to all levels. The property includes ample parking with 72 designated spaces, providing hassle-free access for tenants and visitors alike. Recent extensive renovations have enhanced both the interior and exterior, including new paint, logos, and carpeting, creating a modern and welcoming environment.
Zoned as 8-B Residential Business, this property is well-suited for a variety of professional office uses, making it a versatile investment opportunity in a highly desirable location.
Each floor offers two restrooms for added convenience, and an elevator ensures easy access to all levels. The property includes ample parking with 72 designated spaces, providing hassle-free access for tenants and visitors alike. Recent extensive renovations have enhanced both the interior and exterior, including new paint, logos, and carpeting, creating a modern and welcoming environment.
Zoned as 8-B Residential Business, this property is well-suited for a variety of professional office uses, making it a versatile investment opportunity in a highly desirable location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,000 SF
Building Class
C
Year Built
1979
Price
$2,500,000
Price Per SF
$208
Percent Leased
93%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.24
Lot Size
1.15 AC
Zoning
B-8 - 8-B Residential Business Zoning
Parking
23 Spaces (2 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 2nd Fl-Ste 203
- 900 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 203 | 900 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 203
| Size |
| 900 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 28-38-07-FY-00002.0-0010.00 | Improvements Assessment | $563,940 |
| Land Assessment | $585,380 | Total Assessment | $1,149,320 |
PROPERTY TAXES
Parcel Number
28-38-07-FY-00002.0-0010.00
Land Assessment
$585,380
Improvements Assessment
$563,940
Total Assessment
$1,149,320
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Osceola Professional | 401 Ocean Ave
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