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: 6/15/2026

Overview

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.

Listing Details MLS# 940294

General Property Information

Number Of Units Total: 2
Stories Total: Yes
Building Area Total: 4211
Year Built: 2006
Lot Size Acres: 0.71
Property Use: C-OFFICE BUILDING - SINGLE TENANT - 1 STORY (1700)
Use Code: 17 / OFFICE, ONE STORY
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 356.21
Sold Price/SqFt: 213.73

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

Contract Information

Original List Price: 1200000
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

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.

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

More Information

Building Features

% Air Conditioned or Heated: 100
Clear Ceiling Height: 10

Income and Expenses

Gross Scheduled Income: 58800
Insurance Expense: 4500
New Taxes Expense: 6958
Other Expense: 250
Trash Expense: 250

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

Listing Office: Fonda Fay's Global Realty, Inc

Last Updated: June - 15 - 2026

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