305 W Hibiscus Boulevard, Melbourne, FL 32901
$900,000
Property Type:
Commercial Sale
Square Footage:
4,211
Lot Size (sq. ft.):
30,928
Status:
Closed
Current Price:
$900,000
List Date:
7/11/2022
Last Modified:
11/02/2024
Description
3/4 Acre commercial property on a corner lot with C3 zoning. Two separate Concrete Block buildings and 17 parking spaces. Access from West Hibiscus or Vesta Circle. 301 Building has 3 separate entrances, 2 baths, break room, storage area plus reception and waiting room. There are 10 individual office spaces. 10' ceilings. and 2 separate a/c's. Building 305 has 2 restrooms, reception area plus multiple office spaces as well.
More Information MLS# 940294
Location, Tax, and Legal
Tax Account: 2818861
Parcel Number: 28-37-04-26-00008.0-0016.00
General County Location: South
Tax Annual Amount: 3036.99
Tax Year: 2021
Tax Legal Description: MAGNOLIA PARK REPLAT LOT 15, 16 amd 17 BLK 8,
Directions: Babcock to west on Hibiscus to 301 and 305 W. Hibiscus.
General Property Information
Number Of Units Total: 2
Stories Total: 1
Building Area Total: 4211
Lot Size Acres: 0.71
Association YN: No
Property Use: C-OFFICE BUILDING - SINGLE TENANT - 1 STORY (1700)
Water Body Access YN: No
Waterfront YN: No
Use Code: 17 / OFFICE, ONE STORY
List Price/SqFt: 356.21
Sold Price/SqFt: 213.73
Year Built: 2006
Remarks and Miscellaneous
Public Remarks: 3/4 Acre commercial property on a corner lot with C3 zoning. Two separate Concrete Block buildings and 17 parking spaces. Access from West Hibiscus or Vesta Circle. 301 Building has 3 separate entrances, 2 baths, break room, storage area plus reception and waiting room. There are 10 individual office spaces. 10' ceilings. and 2 separate a/c's. Building 305 has 2 restrooms, reception area plus multiple office spaces as well.
Construction Materials
Block: 1
Stucco: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
Underground: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Income and Expenses
Gross Scheduled Income: 58800
Insurance Expense: 4500
Maintenance Expense: 0
New Taxes Expense: 6958
Other Expense: 250
Trash Expense: 250
Roof
Metal: 1
Security Features
Closed Circuit Camera(s): 1
Fire Alarm: 1
Security Lights: 1
Smoke Detector(s): 1
Special Listing Conditions
Owner Licensed RE: 1
Presently Leased: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 10
Kitchen Facilities: 1
Lobby: 1
Office: 1
Private Restroom: 1
Public Restroom: 1
Rear Access: 1
Ceiling Type
Drywall: 1
Insulated: 1
Location
Central Business District: 1
City: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Frontage Description: Business District,City Road, Legal/Misc-Home Warranty: No, Legal/Misc-Free and Clear: Yes, Maint & Repair: 1200
Contract Information
Current Price: $900,000
Original List Price: 1200000
Sold Price: $900,000
Status: Closed
Listing Contract Date: 2022-06-27
Property Sub Type: Business
Location Tax and Legal
Street Number: 305
Street Direction Prefix: W
Street Name: Hibiscus
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Magnolia Park Replat
Status Change Information
Major Change Timestamp: 2023-11-11T09:37:47Z
Major Change Type: Price Change
Price Change Timestamp: 2022-07-18T13:44:11Z
Status Change Timestamp: 2022-12-20
Purchase Contract Date: 2022-08-02
Close Date: 2022-12-19
Close Price: 900000
Property Features
Building Features: Kitchen Facilities; Lobby; Office; Private Restroom; Public Restroom; Rear Access
Ceiling Type: Drywall; Insulated
Construction Materials: Block; Stucco
Cooling: Ceiling Fan(s); Central Air
Current Use: Commercial
Electric: 100 Amp Service; Underground
Flooring: Carpet; Tile
Heating: Central; Electric
Listing Terms: Cash; Conventional; Lease Option
Location: Central Business District
Possession: Close Of Escrow; Subject To Tenant Rights
Roof: Metal
Sale Includes: Building & Land
Security Features: Closed Circuit Camera(s); Fire Alarm; Security Lights; Smoke Detector(s)
Showing Considerations: Occupied
Showing Requirements: Appointment Only
Special Listing Conditions: Owner Licensed RE; Presently Leased
Water Source: Public
Listing Office:
Fonda Fay's Global Realty, Inc
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.