5500 Murrell Road, Melbourne, FL 32940 (MLS# 1082158)

5500 Murrell Road, Melbourne, FL 32940

$2,950,000
Property Type: Commercial Sale Baths: 4 Square Footage: 9,602 Lot Size (sq. ft.): 52,708 Status: Active
Current Price: $2,950,000 List Date: 7/09/2026 Last Modified: 8/28/2026

Overview

Description

Exceptional opportunity to acquire one of Viera's premier professional office buildings. Highly visible corner location with strong demographics, excellent access, quality construction, elevator service, monument signage, abundant parking, and existing income. Remaining vacancy provides immediate value-add potential through lease-up while supporting future appreciation. Ideal for investors seeking stable cash flow with upside or owner-users looking for a flagship headquarters in Brevard County's premier business district.

Listing Details MLS# 1082158

General Property Information

Number Of Units Total
3
Bathrooms Total
4
Building Area Total
9602
Building Area Source
Public Records
Year Built
2007
Lot Size Acres
1.21
Association YN
Yes
Association Fee
2904
Association Fee Frequency
Annually
List Price/SqFt
307.23

Property Features

Association Amenities: Elevator(s) Building Features: Elevator; Fenced; Public Restroom; Separate Office Area Construction Materials: Block; Stucco Cooling: Central Air Current Use: Commercial; Investment; Medical/Dental; Office Existing Lease Type: NN Fencing: Vinyl Heating: Central Location: Central Business District Lot Features: Corner Lot Operating Expense Includes: Association; Insurance; Maintenance Grounds Owner Pays: Taxes Parking Features: Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Roof: Tile Sale Includes: Building & Land Sewer: Public Sewer Showing Considerations: Occupied Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Special Listing Conditions: Presently Leased Water Source: Public

Contract Information

Original List Price
3500000
Listing Contract Date
2026-07-07
Property Sub Type
Office

Location Tax and Legal

Street Number
5500
Street Name
Murrell
Street Suffix
Road
County
Brevard
State
FL
Postal Code
32940
MLS Area Major
216 - Viera/Suntree N of Wickham
Subdivision Name
Viera N PUD Parcel P

Remarks and Miscellaneous

Public Remarks
Exceptional opportunity to acquire one of Viera's premier professional office buildings. Highly visible corner location with strong demographics, excellent access, quality construction, elevator service, monument signage, abundant parking, and existing income. Remaining vacancy provides immediate value-add potential through lease-up while supporting future appreciation. Ideal for investors seeking stable cash flow with upside or owner-users looking for a flagship headquarters in Brevard County's premier business district.

Status Change Information

Major Change Timestamp
2026-08-28T20:24:23Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-08-28T20:24:23Z
Status Change Timestamp
2026-07-09

More Information

Unit 1 Details

Unit ID
101
Annual Rent
88810
Unit SqFt
4801
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Florida Autism Center

Unit 2 Details

Unit ID
201
Annual Rent
57600
Unit SqFt
3200
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Vacant

Unit 3 Details

Unit ID
202
Annual Rent
28800
Unit SqFt
1600
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Vacant
Listing Office: Keller Williams Realty Brevard
Last Updated: August - 28 - 2026
Information is deemed to be reliable, but is not guaranteed.

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