1705 Berglund Lane 101, Melbourne, FL 32940
$2,200,000
Property Type:
Commercial Sale
Square Footage:
12,303
Lot Size (sq. ft.):
14,810
Status:
Closed
Current Price:
$2,200,000
List Date:
12/16/2022
Last Modified:
11/02/2024
Description
Class A+ building in Viera for sale with solid tenant paying a NNN Lease with Net Income of $124,749.96 per year. Location is corner of Viera Blvd and Murrell Blvd. Essentials Spa has been tenant since 2008! This 12,303 sq.ft share the building with Bassin Center and a Dermatology office. There is a Condo Association that is in place to take care of common expenses. All common expenses are put through CAM. Spa is on a 5 year lease. Great income property in Viera Florida!
More Information MLS# 939153
Location, Tax, and Legal
Unit Number: 101
Tax Account: 2538888
Parcel Number: 25-36-34-00-00513.A-0000.00
General County Location: Central
Tax Annual Amount: 25193.5
Tax Year: 2021
Tax Legal Description: ESSENTIALS SPA PARK CONDO UNIT 1 ESSENTIALS SPA PARK CONDO AS DESC IN ORB 5902 PG 7809 AND ALL AMENDMENTS THERETO {FOR A
Directions: Corner of Murrell and Viera Blvd
General Property Information
Number Of Units Total: 1
Stories Total: 1
Building Area Total: 12303
Lot Size Acres: 0.34
Association YN: No
Property Use: C-CONDOMINIUM OFFICE UNIT (1704)
Water Body Access YN: No
Use Code: 17 / OFFICE, ONE STORY
List Price/SqFt: 178.82
Sold Price/SqFt: 178.82
Year Built: 2008
Remarks and Miscellaneous
Public Remarks: Class A+ building in Viera for sale with solid tenant paying a NNN Lease with Net Income of $124,749.96 per year. Location is corner of Viera Blvd and Murrell Blvd. Essentials Spa has been tenant since 2008! This 12,303 sq.ft share the building with Bassin Center and a Dermatology office. There is a Condo Association that is in place to take care of common expenses. All common expenses are put through CAM. Spa is on a 5 year lease. Great income property in Viera Florida!
Construction Materials
Block: 1
Cooling
Central Building: 1
Zoned: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Possession
Subject To Tenant Rights: 1
Income and Expenses
Net Operating Income: 124749.96
Roof
Barrel: 1
Tile: 1
Security Features
Security System Owned: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Location
Central Business District: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Legal/Misc-Home Warranty: No
Contract Information
Current Price: $2,200,000
Original List Price: 2200000
Sold Price: $2,200,000
Status: Closed
Listing Contract Date: 2022-06-28
Property Sub Type: Business
Location Tax and Legal
Street Number: 1705
Street Name: Berglund
Street Suffix: Lane
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 216 - Viera/Suntree N of Wickham
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2023-05-25T11:10:10Z
Major Change Type: Status Change
Status Change Timestamp: 2023-05-25
Purchase Contract Date: 2023-04-17
Close Date: 2023-05-24
Close Price: 2200000
Property Features
Construction Materials: Block
Cooling: Central Building; Zoned
Current Use: Commercial
Flooring: Carpet; Tile
Heating: Central
Listing Terms: Cash; Conventional; Lease Option
Location: Central Business District
Possession: Subject To Tenant Rights
Roof: Barrel; Tile
Sale Includes: Building & Land
Security Features: Security System Owned; Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Call Listing Agent
Water Source: Public
Listing Office:
One Sotheby's International
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.