5120 N Highway 1, Melbourne, FL 32940
sale
$2,900,000
|
Office
Courtesy Of Century 21 Baytree Realty
Unique Opportunity to Own Prime Commercial Real Estate in Melbourne! 4.64 Acres of Direct US 1 and 300 ft. of Indian River Front Frontage; can be broken up into three parcels total. One of the three potential parcels has a beautiful concrete block 5400 square foot tile roof building and is currently fully occupied with long term leases in place. Build on the other two parcels as you collect income from this beautiful building! Phase 1 Environmental Completed with approval for 33,000 square foot building. Height variance approved by the town of Palm Shores for this project. Will provide documentation; New 5 year leases in place on current building.
Read More About This Property
Read Less About This Property
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: 11-20 Years Old
- Amenities: Ceiling Fan
- Amenities: Water Front
- Building Units: 2
- Cooling System: Ceiling Fan(s)
- Cooling System: Central Air
- Exterior Type: Block
- Exterior Type: Stucco
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 1
- Heating System: Central
- Legal Description: HONEYBROOK PLANTATION LOTS 5,6,7 EXC ORB 7354 PG 1031 & HWY R/W
- MLSID: 1066459
- Roof Type: Tile
- Rooms: Bathroom 4
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.