Sold
Closed
1005 E Strawbridge Avenue
Melbourne FL, 32901
$1,900,000
$220.47 per sqft
Sold
Closed
8,618 sqft
Commercial
Built in 1955
1005 E Strawbridge is located in the heart of Melbourne's Historic Downtown area, which widely regarded as the nucleus of the community.
The building sits in the middle of the action. Spanning over 9,358 square feet on .61 acres. It presents a unique opportunity for a buyer to either renovate and repurpose the existing structure or redevelop it entirely to create a new Multi-Family property, 150 key Hotel or Office Building. With over 275 businesses in this one mile district, the area is a hub of activity. A mixed-use development would be the best and highest use of the property. Listed at $1,995,000, it's an excellent investment opportunity for anyone looking to expand their portfolio or establish a foothold in the Space Coast of Florida.
964457
MLSⓇ ID
January 1, 2024
Listed
November 22, 2024
Updated
Map
1005 E Strawbridge Avenue
Melbourne FL, 32901
Interior Features
Floor Description
Carpet, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Building
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.61 Acres
Roof
Rolled/Hot Mop
Other Property Details
Area Name
330 - Melbourne - Central
Taxes
$1,341
Tax Frequency
Annually
Garage
No
View
No
County
Brevard
Pool
No
Listing History
Date | Event | Price |
---|---|---|
5/28/2024 | Sold | $1,900,000 |
Courtesy of Reach Commercial Real Estate, Cassandra Hartford,
Listing Contact: 321-300-4773
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Local Life shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.