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5120 N Highway 1
Melbourne, FL
Listing Details
- $2,900,000
- MLS# 1066459
- Type Commercial - Office
- Status
Description
Unique Opportunity to Own Prime Commercial Real Estate in Melbourne! 4.64 Acres of Direct US 1 with 300 ft. of Indian River Front Frontage (can be used for residential); 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. The 5400 Sq ft. building is being valued at 1.7 million with the additional 3.39 acres being valued at 1.2 million. The CAP RATE for the 5400 Sqft building is 7%. The building is currently fully occupied (3600 sq ft occupied by the owner with long term plans to stay)... Read more
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/29/2026. The listing information on this page last changed on 06/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/29/2026 12:22:36 AM EST) or Miami MLS (last updated Mon 06/29/2026 12:18:38 AM EST) or Stellar MLS (last updated Mon 06/29/2026 12:13:52 AM EST) or SPC MLS (last updated Sun 06/28/2026 11:21:11 PM EST) or Martin MLS (last updated Sun 06/28/2026 11:38:10 PM EST) or Indian River MLS (last updated Sun 06/28/2026 11:30:12 PM EST) or Northeast Florida MLS (last updated Mon 06/29/2026 12:18:53 AM EST) or Beaches MLS (last updated Mon 06/29/2026 12:19:28 AM EST) or Naples MLS (last updated Sun 06/28/2026 11:40:20 PM EST) or PBI MLS (last updated Sun 06/28/2026 11:21:17 PM EST) or Florida Keys MLS (last updated Sun 06/28/2026 8:29:36 PM EST). Real estate listings held by brokerage firms other than Illustrated Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/29/2026. The listing information on this page last changed on 06/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/29/2026 12:22:36 AM EST) or Miami MLS (last updated Mon 06/29/2026 12:18:38 AM EST) or Stellar MLS (last updated Mon 06/29/2026 12:13:52 AM EST) or SPC MLS (last updated Sun 06/28/2026 11:21:11 PM EST) or Martin MLS (last updated Sun 06/28/2026 11:38:10 PM EST) or Indian River MLS (last updated Sun 06/28/2026 11:30:12 PM EST) or Northeast Florida MLS (last updated Mon 06/29/2026 12:18:53 AM EST) or Beaches MLS (last updated Mon 06/29/2026 12:19:28 AM EST) or Naples MLS (last updated Sun 06/28/2026 11:40:20 PM EST) or PBI MLS (last updated Sun 06/28/2026 11:21:17 PM EST) or Florida Keys MLS (last updated Sun 06/28/2026 8:29:36 PM EST). Real estate listings held by brokerage firms other than Illustrated Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
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All Property Features
- Property Type: Commercial - Office
- Cooling: Ceiling Fan(s), Central Air
- Days on Site: 166
- Exterior: Block, Stucco
- Flooring: Carpet, Tile
- Heating: Central
- Lot Description: Cleared
- Lot Size: 4.64 Acres
- Parking Notes: Parking Lot
- Roof Type: Tile
- Sewer: Public Sewer
- Utility Features: Electricity Available, Electricity Connected, Sewer Available, Water Available
- Water: Public
- Waterfront: Navigable Water, Intracoastal
- Year Built: 2014