653 E University Boulevard, Melbourne, FL 32901

$1,280,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/970373

Property Type: Commercial Sale Baths: 1 Square Footage: 2,600 Lot Size (sq. ft.): 27,007 Status: Active Under Contract

Current Price: $1,280,000 List Date: 2/04/2026 Last Modified: 6/24/2026

Overview

Description

PRICE REDUCTION!!! This is a great business opportunity!! The 653 East University property is presently a functioning convenience store and gas station. The business is also being sold with the real estate. The zoning allows for residential development, office, medical and retail. It is currently classified as C-1 Neighborhood Zoning Commercial. This property is conveniently located within 3/4 miles of the Florida Institute of Technology University and Downtown Melbourne. The main corridor is well traveled and centrally located. The City of Melbourne estimates that there are approximately 10,000 or more vehicles that passes a day. Buyer to verify. This property is located in the South Melbourne Community and conveniently also service the neighborhood. This is a prosperous business. Financial information is available upon request.

Listing Details MLS# 970373

General Property Information

Number Of Units Total: Yes
Bathrooms Total: Yes
Building Area Total: 2600
Building Area Source: Appraiser
Accessibility Features YN: Yes
Year Built: 1980
Building Name: UMART
Lot Size Acres: 0.62
Property Use: C-CONVENIENCE STORE WITH GAS PUMP (1130)
Use Code: 11 / STORES, ONE STORY
Land Lease YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 492.31

Property Features

Building Features: Manager on Premise; Public Restroom; Rear Access Business Type: Convenience Store; Gas Station Ceiling Type: Drywall; Insulated Construction Materials: Brick; Concrete; Frame; Stucco Cooling: Central Air; Electric Current Use: Commercial Fencing: Wood Flooring: Concrete Heating: Central; Electric Listing Terms: Cash; Conventional Lot Features: Historic Area Operating Expense Includes: Trash; Utilities; Water/Sewer Owner Pays: None Parking Features: Additional Parking; Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Roof: Flat Tile Sale Includes: Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Considerations: Occupied Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany Water Source: Public Contingency Reason: Financing

Contract Information

Original List Price: 1500000
Listing Contract Date: 2023-07-06
Property Sub Type: Business

Location Tax and Legal

Street Number: 653
Street Direction Prefix: E
Street Name: University
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central

Remarks and Miscellaneous

Public Remarks: PRICE REDUCTION!!! This is a great business opportunity!! The 653 East University property is presently a functioning convenience store and gas station. The business is also being sold with the real estate. The zoning allows for residential development, office, medical and retail. It is currently classified as C-1 Neighborhood Zoning Commercial. This property is conveniently located within 3/4 miles of the Florida Institute of Technology University and Downtown Melbourne. The main corridor is well traveled and centrally located. The City of Melbourne estimates that there are approximately 10,000 or more vehicles that passes a day. Buyer to verify. This property is located in the South Melbourne Community and conveniently also service the neighborhood. This is a prosperous business. Financial information is available upon request.

Status Change Information

Major Change Timestamp: 2026-06-24T17:47:53Z
Major Change Type: Status Change
Price Change Timestamp: 2025-05-19T22:43:26Z
Status Change Timestamp: 2026-06-24
Contingency: Active Under Contract

More Information

Income and Expenses

New Taxes Expense: 6947.36

Legal Details

Plat Book Page: 589

Unit 1 Details

Unit ID: 970373
Unit SqFt: 2600
# Units (This Type): Yes
Furnished: Negotiable
Unit Remarks: Convenience Store and Gas Station
Annual Rent: 0

Location, Tax, and Legal

Tax Account: 2824119
Parcel Number: 28-37-10-00-00757.0-0000.00
General County Location: South
Tax Annual Amount: 6947.36
Tax Year: 2024
Tax Legal Description: PART OF N 1/2 OF NW 1/4 OF SE 1/4 AS DES IN ORB 2029 PG 589 EX ORB 2521 PG 1825
Additional Parcels YN: No
Zoning Description: Commercial
Directions: When entering from Babcock Street, go East on University Blvd. The building will be on your right, From US-1, go west on University Blvd. The building will be on your left.

Construction Materials

Brick: Yes
Concrete: Yes
Frame: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Commercial: Yes

Fencing

Wood: Yes

Flooring

Concrete: Yes

Heating

Central: Yes
Electric: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Historic Area: Yes

Parking Features

Additional Parking: Yes
Parking Lot: Yes

Possession

Close Of Escrow: Yes

Owner Pays

None: Yes

Road Frontage Type

City Street: Yes

Roof

Flat Tile: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Building Features

Manager on Premise: Yes
Public Restroom: Yes
Rear Access: Yes

Business Type

Convenience Store: Yes
Gas Station: Yes

Ceiling Type

Drywall: Yes
Insulated: Yes

Location

City: Yes

Operating Expense Includes

Trash: Yes
Utilities: Yes
Water/Sewer: Yes

Showing Considerations

Occupied: Yes

Sale Includes

Building & Land: Yes
Business with Real Estate: Yes
Furniture, Fixtures and Equipment: Yes

Contingency Reason

Financing: Yes

Listing Office: America East Realty, Inc.

Last Updated: June - 24 - 2026

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