Excellent investment opportunity combining immediate income with significant redevelopment potential. This 0.57-acre property, located just one block from Health First’s Holmes Regional Medical Center, features two durable concrete block office buildings in a highly strategic Melbourne location. The larger building, approximately 3,900 square feet, is well-suited for an owner-user or can be leased to generate additional income. The second building, approximately 1,300 square feet, is currently tenant-occupied, providing a steady income stream from day one. Further enhancing value, the smaller building received a new roof in 2024, minimizing near-term capital expenditures for the new owner. Beyond the stability of the existing improvements, the property’s true upside lies in its highly sought-after R-P zoning, offering a flexible and clearly defined path for future redevelopment. This zoning designation supports long-term value creation as market demand continues to grow. This is a rare opportunity for investors seeking a cash-flowing asset with redevelopment potential, or for an owner-user to occupy the larger building while benefiting from rental income and long-term appreciation.