587 W Eau Gallie Boulevard, Melbourne, FL 32935 (MLS# 1045173)

587 W Eau Gallie Boulevard, Melbourne, FL 32935

$1,950,000
Property Type: Commercial Sale Baths: 9 Square Footage: 8,580 Lot Size (sq. ft.): 8,712 Status: Closed
Current Price: $1,950,000 List Date: 5/04/2025 Last Modified: 8/23/2026

Overview

Description

Excellent opportunity to purchase a 100% occupied mixed use retail/office/bar building in the heart of EGAD! Six unit which total 8,580 SF. Each unit is individually metered for electric. Water is common. All leases are NNN structures. Rent roll and leases will be provided to qualified Buyers. Utilities include City Water/Sewer, FPL Electric & Spectrum Fiber. 5 concrete paved/striped/lighted parking spaces. Exposure to est. 17,500 VPD on Eau Gallie Boulevard. Eau Gallie Boulevard is a direct connector between I-95, US1 and the beaches. Surrounding businesses include Intracoastal Brewing, Tomahawk Robotics, Pineapples, and Squid Lips to name a few. Call today for details!

Listing Details MLS# 1045173

General Property Information

Number Of Units Total
6
Stories Total
2
Bathrooms Total
9
Building Area Total
8580
Year Built
1920
Building Name
Gould Business Center
Lot Size Acres
0.2
Land Lease YN
No
Association YN
No
Water Body Access YN
No
Waterfront YN
No
List Price/SqFt
255.83
Sold Price/SqFt
227.27

Property Features

Ceiling Type: Acoustic; Exposed Construction Materials: Block; Concrete Cooling: Central Air Current Use: Commercial; Mixed Use; Office; Retail Existing Lease Type: NNN Listing Terms: Cash; Conventional Location: Central Business District Lot Features: Historic Area Parking Features: Parking Lot Sale Includes: Building & Land Sewer: Public Sewer Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Original List Price
2195000
Listing Contract Date
2025-05-04
Property Sub Type
Mixed Use

Location Tax and Legal

Street Number
587
Street Direction Prefix
W
Street Name
Eau Gallie
Street Suffix
Boulevard
County
Brevard
State
FL
Postal Code
32935
MLS Area Major
323 - Eau Gallie
Subdivision Name
Village Plat of Eau Gallie

Remarks and Miscellaneous

Public Remarks
Excellent opportunity to purchase a 100% occupied mixed use retail/office/bar building in the heart of EGAD! Six unit which total 8,580 SF. Each unit is individually metered for electric. Water is common. All leases are NNN structures. Rent roll and leases will be provided to qualified Buyers. Utilities include City Water/Sewer, FPL Electric & Spectrum Fiber. 5 concrete paved/striped/lighted parking spaces. Exposure to est. 17,500 VPD on Eau Gallie Boulevard. Eau Gallie Boulevard is a direct connector between I-95, US1 and the beaches. Surrounding businesses include Intracoastal Brewing, Tomahawk Robotics, Pineapples, and Squid Lips to name a few. Call today for details!

Status Change Information

Major Change Timestamp
2025-07-31T12:07:27Z
Major Change Type
Status Change
Status Change Timestamp
2025-07-31
Purchase Contract Date
2025-07-31
Close Date
2025-07-31
Close Price
1950000

More Information

Unit 1 Details

Unit ID
101
Annual Rent
Yes
Unit SqFt
1877
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Funky Dog Theatrical (Call for Rent Roll)

Unit 2 Details

Unit ID
102
Annual Rent
Yes
Unit SqFt
624
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Leslie Taylor Hair (Call for Rent Roll)

Unit 3 Details

Unit ID
103
Annual Rent
Yes
Unit SqFt
690
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Fern & Curl Designs (Call for Rent Roll)

Unit 4 Details

Unit ID
104
Annual Rent
Yes
Unit SqFt
2122
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Hot Air Network Group (Call for Rent Roll)

Unit 5 Details

Unit ID
105
Annual Rent
Yes
Unit SqFt
848
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Lourdes Library, Inc. (Call for Rent Roll)

Unit 6 Details

Unit ID
201
Annual Rent
Yes
Unit SqFt
1780
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
MK Structural Engineering (Call for Rent Roll)
Listing Office: The Ullian Realty Corporation
Last Updated: August - 23 - 2026
Information is deemed to be reliable, but is not guaranteed.

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