175 E Nasa Boulevard E, Melbourne, FL 32901

$2,300,000

Property Type: Commercial Sale Square Footage: 20,548 Lot Size (sq. ft.): 56,628 Status: Closed

Current Price: $2,300,000 List Date: 3/21/2021 Last Modified: 1/19/2026

Overview

Description

Price reduced! Only $122/ft! 175 E. Nasa Blvd (the Spacecoast) is comprised of a 3 story building with an elevator totaling 20,548 gross sf and 18,940 sf of net leasable space. Located in the heart of Melbourne and its High Tech Corridor, a mile or two to the west are L3Harris headquarters, GE, Northrop Grumman, Embraer and the Orlando Melbourne International Airport. Directly to the south is Holmes Regional Medical Center and to the east are the Porsche, Mercedes-Benz and Audi dealerships before reaching the Intracoastal Waterway (Indian River). This building has been at the center of Melbourne from the beginning and it will continue to be in the center as the area expands. The tenants are an A-list group including two prestigious law firms. The bank space is available for lease.

Supplements: The world's top destinations are a short drive too, with the Kennedy Space Center just over a half an hour north and to the west in just over an hour you can reach Walt Disney World, Universal Studios, Sea World and the Orlando International Airport. Very few properties can offer this kind of location with growth guaranteed into the near future, an ... (Read more)

Listing Details MLS# 885290

General Property Information

Number Of Units Total: 5
Stories Total: 3
Building Area Total: 20548
Year Built: 1988
Lot Size Acres: 1.3
Property Use: C-FINANCIAL INSTITUTION (2300)
Use Code: 23 / FINANCIAL INSTITUTIONS
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 121.67
Sold Price/SqFt: 111.93

Property Features

Building Features: Elevator Ceiling Type: Acoustic Construction Materials: Concrete; Frame Cooling: Central Air; Electric Current Use: Commercial Flooring: Carpet Heating: Central; Electric Listing Terms: Cash; Conventional; Lease Back; Lease Option Possession: Close Of Escrow Roof: Tar/Gravel Sale Includes: Building & Land Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; Call Listing Agent Water Source: Public

Contract Information

Original List Price: 2900000
Listing Contract Date: 2020-09-14
Property Sub Type: Business

Location Tax and Legal

Street Number: 175
Street Direction Prefix: E
Street Name: Nasa
Street Suffix: Boulevard
Street Direction Suffix: E
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central

Remarks and Miscellaneous

Public Remarks: Price reduced! Only $122/ft! 175 E. Nasa Blvd (the Spacecoast) is comprised of a 3 story building with an elevator totaling 20,548 gross sf and 18,940 sf of net leasable space. Located in the heart of Melbourne and its High Tech Corridor, a mile or two to the west are L3Harris headquarters, GE, Northrop Grumman, Embraer and the Orlando Melbourne International Airport. Directly to the south is Holmes Regional Medical Center and to the east are the Porsche, Mercedes-Benz and Audi dealerships before reaching the Intracoastal Waterway (Indian River). This building has been at the center of Melbourne from the beginning and it will continue to be in the center as the area expands. The tenants are an A-list group including two prestigious law firms. The bank space is available for lease.

Status Change Information

Major Change Timestamp: 2023-11-11T09:36:49Z
Major Change Type: Price Reduced
Price Change Timestamp: 2021-05-26T14:43:10Z
Status Change Timestamp: 2021-09-07
Purchase Contract Date: 2021-06-28
Close Date: 2021-09-02
Close Price: 2300000

More Information

Building Features

% Air Conditioned or Heated: 100
Clear Ceiling Height: 20548
Elevator: Yes

Income and Expenses

Gross Scheduled Income: 321741
Net Operating Income: 188477

Location, Tax, and Legal

Tax Account: 2729569
Parcel Number: 27-37-34-00-00287.0-0000.00
General County Location: South
Tax Annual Amount: 38333.7
Tax Year: 2020
Tax Legal Description: PART OF SW 1/4 OF NW 1/4 AS DES IN ORB 1789 PG 696
Directions: On the south side of Nasa Blvd between US Highway 1 and Babcock Street.

Construction Materials

Concrete: Yes
Frame: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Commercial: Yes

Flooring

Carpet: Yes

Heating

Central: Yes
Electric: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Lease Back: Yes
Lease Option: Yes

Possession

Close Of Escrow: Yes

Roof

Tar/Gravel: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Ceiling Type

Acoustic: Yes

Location

City: Yes

Sale Includes

Building & Land: Yes

Listing Office: One Sotheby's International

Last Updated: January - 19 - 2026

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