1020 W Eau Gallie Boulevard, Melbourne, FL 32935 (MLS# 882847)

1020 W Eau Gallie Boulevard, Melbourne, FL 32935

$2,150,000
Property Type: Commercial Sale Square Footage: 22,130 Lot Size (sq. ft.): 77,101 Status: Closed
Current Price: $2,150,000 List Date: 8/02/2021 Last Modified: 6/27/2026

Overview

Description

Incredible investment opportunity in the heart of Melbourne near the growing Eau Gallie Arts District. This Income-producing, professional office building is 22,000 sqft and situated on 1.77 acres off Eau Gallie Blvd. With high traffic count and great exposure, this well-maintained building boosts 7 suites that are 100% leased with long-term, established tenants. Each suite has a private front and back entrance and 1-2 private bathrooms in each suite . Suite I includes a loading dock and 2 large bay doors. Conveniently located near the Melbourne Airport, US 1, I95, the Beaches, and the growing Space Industry. Prime location in a strong and continually growing county only 45 minutes from Orlando. Rent rolls and financials available upon request. Floor plans and property video available.

Listing Details MLS# 882847

General Property Information

Number Of Units Total
7
Building Area Total
22130
Year Built
1999
Lot Size Acres
1.77
Property Use
C-OFFICE BUILDING - MULTI TENANT - 1 STORY (1710)
Use Code
17 / OFFICE, ONE STORY
Association YN
No
Water Body Access YN
No
List Price/SqFt
109.35
Sold Price/SqFt
97.15

Property Features

Building Features: Loading Dock Cooling: Central Air; Electric Current Use: Commercial Existing Lease Type: Gross Flooring: Other Heating: Central; Electric Listing Terms: Lease Option Possession: Close Of Escrow Sale Includes: Building & Land Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; Call Listing Agent Special Listing Conditions: Corporate Owned Water Source: Public

Contract Information

Original List Price
2450000
Listing Contract Date
2020-08-14
Property Sub Type
Business

Location Tax and Legal

Street Number
1020
Street Direction Prefix
W
Street Name
Eau Gallie
Street Suffix
Boulevard
County
Brevard
State
FL
Postal Code
32935
MLS Area Major
323 - Eau Gallie
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Incredible investment opportunity in the heart of Melbourne near the growing Eau Gallie Arts District. This Income-producing, professional office building is 22,000 sqft and situated on 1.77 acres off Eau Gallie Blvd. With high traffic count and great exposure, this well-maintained building boosts 7 suites that are 100% leased with long-term, established tenants. Each suite has a private front and back entrance and 1-2 private bathrooms in each suite . Suite I includes a loading dock and 2 large bay doors. Conveniently located near the Melbourne Airport, US 1, I95, the Beaches, and the growing Space Industry. Prime location in a strong and continually growing county only 45 minutes from Orlando. Rent rolls and financials available upon request. Floor plans and property video available.

Status Change Information

Major Change Timestamp
2023-11-11T09:37:00Z
Major Change Type
Price Reduced
Price Change Timestamp
2021-05-17T16:42:24Z
Status Change Timestamp
2021-12-04
Purchase Contract Date
2021-10-27
Close Date
2021-11-19
Close Price
2150000

More Information

Building Features

Clear Ceiling Height
22130
Loading Dock
Yes

Location, Tax, and Legal

Tax Account
2716893
Parcel Number
27-37-16-25-00000.0-0001.02
General County Location
Central
Tax Annual Amount
27863.4
Tax Year
2020
Tax Legal Description
EAU GALLIE, VILLAGE PLAT OF PART OF OUTLOT 1 AS DESC IN ORB 2956 PG 1969
Directions
US1 or I95 to Eau Gallie. 1020 Just West of US1 and between Eau Gallie and Creel St.

Cooling

Central Air
Yes
Electric
Yes

Current Use

Commercial
Yes

Flooring

Other
Yes

Heating

Central
Yes
Electric
Yes

Listing Terms

Lease Option
Yes

Possession

Close Of Escrow
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Corporate Owned
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Existing Lease Type

Gross
Yes

Sale Includes

Building & Land
Yes
Listing Office: Denovo Realty
Last Updated: June - 27 - 2026
Information is deemed to be reliable, but is not guaranteed.

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