1735 W Hibiscus Boulevard, Melbourne, FL 32901

$3,100,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/982246

Property Type: Commercial Sale Square Footage: 17,961 Lot Size (sq. ft.): 65,340 Status: Closed

Current Price: $3,100,000 List Date: 12/11/2023 Last Modified: 11/02/2024

Overview

Description

Premier Office Space at 1735 W Hibiscus Blvd: A Hub of Innovation, Connectivity, and Economic Advantage In the heart of Melbourne's business district, this Class B office building, erected in 2000, offers a generous 17,961 square feet of versatile space across three stories. Each floor, approximately 5,987 square feet, is adaptable to various business setups, from open-plan collaborative environments to traditional office layouts. Strategically situated near the Orlando Melbourne International Airport, this property stands at the nexus of local commerce and international access. The proximity to global aerospace leaders such as Rockwell Collins, Thales Avionics, Harris Corporation, Northrup Grumman, Embraer, and Extant Aerospace underlines the area's status.

Listing Details MLS# 982246

General Property Information

Number Of Units Total: 5
Building Area Total: 17961
Year Built: 2000
Lot Size Acres: 1.5
Property Use: C-OFFICE BUILDING - MULTI TENANT -2 OR MORE STORIES (1810)
Use Code: 18 / OFFICE, MULTI-STORY
Association YN: No
Water Body Access YN: No
List Price/SqFt: 172.6
Sold Price/SqFt: 172.6

Property Features

Cooling: Other Existing Lease Type: NNN Flooring: Other Heating: Other Listing Terms: Cash; Conventional; Lease Option Possession: Close Of Escrow Roof: Tar/Gravel Sale Includes: Building & Land Showing Requirements: Appointment Only

Contract Information

Original List Price: 3100000
Listing Contract Date: 2023-12-11
Property Sub Type: Office

Location Tax and Legal

Street Number: 1735
Street Direction Prefix: W
Street Name: Hibiscus
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central

Remarks and Miscellaneous

Public Remarks: Premier Office Space at 1735 W Hibiscus Blvd: A Hub of Innovation, Connectivity, and Economic Advantage In the heart of Melbourne's business district, this Class B office building, erected in 2000, offers a generous 17,961 square feet of versatile space across three stories. Each floor, approximately 5,987 square feet, is adaptable to various business setups, from open-plan collaborative environments to traditional office layouts. Strategically situated near the Orlando Melbourne International Airport, this property stands at the nexus of local commerce and international access. The proximity to global aerospace leaders such as Rockwell Collins, Thales Avionics, Harris Corporation, Northrup Grumman, Embraer, and Extant Aerospace underlines the area's status.

Status Change Information

Major Change Timestamp: 2024-10-15T19:57:09Z
Major Change Type: Status Change
Price Change Timestamp: 2024-10-04T16:28:43Z
Status Change Timestamp: 2024-10-15
Purchase Contract Date: 2024-02-23
Close Date: 2024-10-15
Close Price: 3100000

More Information

Building Features

Clear Ceiling Height: 17961

Income and Expenses

Net Operating Income: 312000

Historical Information

Public Historical Remarks 3: Legal/Misc-Home Warranty: No

Location, Tax, and Legal

Tax Account: 2819776
Parcel Number: 28-37-05-00-00258.0-0000.00
General County Location: South
Tax Year: 2023
Tax Legal Description: THAT PART OF LOT 28 OF PB 1 PG 164 AS DESC IN ORB 2699 PG 48 LYING E OF ORB 3685 PG 4082
Directions: Hibiscus Blvd on the South side of the Road.

Cooling

Other: Yes

Flooring

Other: Yes

Heating

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Lease Option: Yes

Possession

Close Of Escrow: Yes

Roof

Tar/Gravel: Yes

Showing Requirements

Appointment Only: Yes

Existing Lease Type

NNN: Yes

Sale Includes

Building & Land: Yes

Listing Office: Reach Commercial Real Estate

Last Updated: November - 02 - 2024

Information is deemed to be reliable, but is not guaranteed.