Significant Price Reduction 27 E Hibiscus Blvd 21,108 SF Office Building Melbourne, FL 32901 $3,950,000 ($187.13/SF)

The 27 East Hibiscus Boulevard building is located in an active medical and commercial corridor West of Downtown Melbourne. Health First’s Holmes Regional Medical Center is three blocks away. This 514-bed facility is the only Level II Trauma Center in Brevard County and also houses the only Level II Neonatal ICU. Surrounding the hospital are a wide variety of medical facilities. The Melbourne Orlando International Airport and its many associated businesses are within one mile. Nearby hotels brands include: Hilton and Marriott. The area has attracted several name brand retailers such as Publix, Dollar Tree, CVS, and Starbucks. The Downtown has been revitalized with dozens of local restaurants, bars, and retailers.
The building fronts on Hibiscus Blvd. and totals ±21,108 square feet. The original building measures +/-15,296 square feet and designed as multi-tenant. The 5,812 square foot second section was built in 2013 and later incorporated into the main building footprint. The building is currently configured into one, large space with several smaller sections of indeterminant sizes. There are two land parcel containing a total of 1.884 acres. The main parcel is rectangular with 328.5’ on Hibiscus Blvd. and approximately 248’ of depth. The second parcel provides ancillary parking with 88’ of frontage on Palm Avenue to the rear of the building.
East Hibiscus Boulevard is a heavily developed thoroughfare running from Downtown, to the East, to the Melbourne Square Mall on the West.
It carries 13,300 vehicles per day past the Property. The intersection with Babcock Street is less than one block to the West. It runs North/South
tying together Melbourne with Palm Bay. Babcock carries over 25,500 vehicles per day and adds greatly to the Property’s accessibility. There
are traffic signals at both Babcock and Apollo Blvd. on either side of the Property assisting with ingress and egress.