Premier Value-Add Medical & Professional — Sale in Melbourne, FL

  • Price: $3.5M
  • Listing type: For sale
  • Asset type: Office
  • Location: Melbourne, FL 32940
  • Size: 11,187 SF
  • Year built: 2007

Investment Figures

Price per square foot
$313

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Premier Office Investment Opportunity in Florida's Fastest Growing Market Position your portfolio in one of Florida's most desirable commercial submarkets with this exceptional two-story professional office building located in the heart of Viera, Brevard County. Strategically positioned at the signalized intersection of Murrell Road and Viera Boulevard, this highly visible office property offers an exceptional combination of existing income, future upside, and long-term appreciation potential within one of the fastest-growing business corridors on Florida's Space Coast. The approximately 11,187-square-foot building sits on 1.21 acres and features an attractive Mediterranean architectural design, elevator access, abundant parking, monument signage on two major road frontages, and outstanding accessibility from Interstate 95. Currently anchored by a long-term tenant, the property provides immediate cash flow while offering significant value-add potential through lease-up of the remaining available suites. Investors benefit from stable income today while capturing future NOI growth through increased occupancy and rental rate appreciation. Surrounded by major employers, healthcare providers, affluent residential communities, retail destinations, and expanding commercial development, this property is ideally positioned to capitalize on Viera's continued population and employment growth. Whether acquired as a long-term investment, owner-user headquarters, medical office conversion, or multi-tenant professional office asset, 5500 Murrell Road represents one of the premier office investment opportunities currently available on Florida's Space Coast. Building SF: 11187 | Land Size: 52708.0 SF | Year Built: 2007 | Listing Type: FOR SALE

Market Context

This office in Melbourne, FL is listed for sale at $3,500,000 across 11,187 SF. The building dates to 2007. It has been on the market for 25 days. Compare it against other office listings for sale in Melbourne, FL — view the full market.

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