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1101 W Hibiscus BLVD #0 West Melbourne, FL 32904
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Key Details
Sold Price $2,800,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 32,135 sqft
Price per Sqft $87
MLS Listing ID 903903
Year Built 1978
Annual Tax Amount $33,933
Tax Year 2020
Lot Size 2.340 Acres
Property Description
This well maintained, professional, multi-tenant office building is up for sale. Featuring all new roofs installed between 2017-2020, almost all new AC's (most suites are separately metered) and a 97% economic occupancy rate for sale at a 6.5 CAP rate! Stable tenants, most of which have been at the building for 3+ years and some 10+! Newley paved parking lot and beautiful landscaping make this a highly desirable building for tenants as well as owners! This building is also in a business HUBzone!
Location
State FL
County Brevard
Area 330 - Melbourne - Central
Interior
Heating Electric
Cooling Electric
Flooring Carpet, Laminate, Vinyl
Exterior
Exterior Feature ExteriorFeatures
Utilities Available Cable Available, Other
Roof Type Concrete
Building
Water Public
Others
Acceptable Financing Lease Option
Listing Terms Lease Option
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Bought with Non-MLS or Out of Area