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5120 N Highway 1 Melbourne, FL $ 2,900,000
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$ 2,900,000 Get more info
5120 N Highway 1
$ 2,900,000
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5120 N Highway 1

Melbourne, FL, 32940
$ 2,900,000
Bedrooms-- Baths4.0 Sq 5,400

Monthly Estimate*

$ 17,856

5120 N Highway 1, Melbourne, FL 32940 - Image 1
5120 N Highway 1, Melbourne, FL 32940 - Image 2
5120 N Highway 1, Melbourne, FL 32940 - Image 3
5120 N Highway 1, Melbourne, FL 32940 - Image 4
5120 N Highway 1, Melbourne, FL 32940 - Image 5
5120 N Highway 1, Melbourne, FL 32940 - Image 6
5120 N Highway 1, Melbourne, FL 32940 - Image 7

Commercial Property for sale in Melbourne, FL

for $2,900,000 with 4 full baths. This 5,400 square foot building was built in 2014 on a lot size of 4.64.

Unique Opportunity to Own Prime Commercial Real Estate in Melbourne! 4.64 Acres of Direct US 1 and 300 ft. of Indian River Front Frontage; can be broken up into three parcels total. One of the three potential parcels has a beautiful concrete block 5400 square foot tile roof building and is currently fully occupied with long term leases in place. Build on the other two parcels as you collect income from this beautiful building! Phase 1 Environmental Completed with approval for 33,000 square foot building. Height variance approved by the town of Palm Shores for this project. Will provide documentation; New 5 year leases in place on current building.

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Commercial Active

Price

$ 2,900,000

Full Bath

4

Property Type

Commercial

Taxes

$ 15,771

Style

Office

Lot Size

4.64

Year Built

2014

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1066459
Features
General
Living Area 5400.0
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Available Electricity Connected Sewer Available Water Available
Possession Close Of Escrow
Roof Tile
Construction Materials Block Stucco
Year Built 2014
Property Subtype Office
Tax Year 2025
Current Use Commercial Office
Waterfront Features Navigable Water Intracoastal
County Brevard
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name Honeybrook Plantation
Building Features Fenced Kitchen Facilities Office Public Restroom
Status Active
Directions From Pineda Causeway Head South on US 1 and Building is approx 3/4 mile on your right hand side.
City Melbourne
Body of Water Indian River
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 2
MLS Area 322 - NE Melbourne/Palm Shores
Lot Size Units Acres
Lot Size Square Feet 202118.4
Land Lease Y/N N
Tax Annual Amount 15771.9
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 322 - NE Melbourne/Palm Shores
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
Legal Description HONEYBROOK PLANTATION LOTS 5 6 7 EXC ORB 7354 PG 1031 & HWY R/W
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Interior
Flooring Carpet Tile
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 4
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Exterior
Fencing Vinyl
Parking Features Parking Lot
Lot Features Cleared
Water Source Public
Inclusions Building & Land
Lot Size Area 4.64
Spa N
Lot Size Acres 4.64
Waterfront Y/N Y
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5120
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* Excluded Features
List By
Century 21 Baytree Realty

Broker

bucci-j@msn.com

Email

Affordability Calculator

$19,170
Per Month
93%
7%
0%
Monthly Principal & Interest
$17,856
Monthly Property Taxes
$1,314
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/14/2026$2,750,000 Listed Price

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5120 N Highway 1, Melbourne, FL, 32940 is a Commercial Property for sale at $2,900,000 with 5,400 sqft and a lot size of 4.64. 5120 N Highway 1 has 4.0 baths and was built in 2014. The property's zip code is 32940 which is in Melbourne, FL

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