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2012 Vernon Pl 4,800 SF Office Building Melbourne, FL 32901 $3,200,000 ($666.67/SF)
Investment Highlights
- Built in 2003 and impeccably maintained, this Class A asset offers over 5,000 SF of total space
- Underground utilities, impact windows, full security with surveillance, re-certified metal roof, and recent renovations throughout.
- Street-level office with 5 secured rear parking spaces, plus two upscale 1,250 SF luxury residential units above.
- Natural wood floors, granite counters, stainless appliances, updated baths, modern electrical, abundant light, and premium finishes.
Executive Summary
: Built in 2003 and impeccably maintained, this Class A asset offers over 5,000 SF of total space, including nearly 3,000 SF of turnkey, street-level office space with five exclusive off-street parking stalls in a secured rear lot. Above the commercial space are two upscale 1,250 SF luxury residential units — a rare dual-income configuration that combines multi-family and commercial potential in one property. Featuring all new flooring, commercial-grade impact windows, underground electrical, and more, the property is further enhanced by a modern metal roof and quality construction. Zoned C-3, this highly flexible property allows for a wide range of uses and presents an exceptional value-add opportunity for savvy investors seeking both stability and long-term growth in one of the most desirable locations in downtown Melbourne. Premium Mixed-Use Investment Opportunity in the Heart of Downtown Melbourne. This is a fantastic investment — just steps away from everything downtown.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,800 SF
Building Class
C
Year Built
2003
Price
$3,200,000
Price Per SF
$666.67
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,400 SF
Building FAR
0.58
Lot Size
0.19 AC
Zoning
C-3 - C-3 zoning: Central Business District for commercial, civic & financial core. Allows intensive development; limits non-central uses.
Parking
5 Spaces (1.04 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Advanced Medical
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Advanced Medical | Services | - | - | - |
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 28-37-03-82-00046.0-0015.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $551,020 |
Property Taxes
Parcel Number
28-37-03-82-00046.0-0015.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$551,020
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2012 Vernon Pl
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