This waterfront property, located along Highway 1 in Melbourne, Florida, was acquired in 2006. It features a 22,500-square-foot, glass-fronted building. Recognizing its architectural appeal and exceptional location—fronting both US-1 and the scenic Indian River Lagoon—we saw strong potential. Following targeted improvements, key upgrades included renovations to the lobbies on both the first and fifth floors, along with a 3,000-square-foot interior renovation. Exterior enhancements included new landscaping and a full repaint of the building’s façade. Additional landscaping work was completed. The property is in outstanding condition, having successfully completed two (2) 4-point inspections within the past 12 months. A comprehensive structural inspection has also been completed, confirming the building’s long-term integrity and code compliance. A state-of-the-art elevator upgrade has recently been completed, incorporating the latest technology and backed by a full performance guarantee—ensuring reliability and enhanced user experience