5160 N Harbor City Blvd - Office/Residential FOR SALE


Melbourne, FL 32940- Suburban Melbourne
$900,000 USD
321-228-0127
5160 N Harbor City Blvd, Melbourne, FL for Sale
$900,000 USD
Office/Residential - FOR SALE
1/11
null | Request Cap Rate

NEW


5160 N Harbor City Blvd
Melbourne, FL 32940
Suburban Melbourne


OVERVIEW

Prime Highway Frontage | Flexible Commercial Zoning | Endless Opportunity Positioned directly on the bustling US Highway 1 corridor in the City of Palm Shores, this 1.49-acre rectangle-shaped parcel offers an unbeatable opportunity for your next business venture. With over 42,000 daily vehicles passing by, this property delivers the kind of visibility and exposure every investor and business owner looks for. Currently on-site is a 1,400 SF wood-frame office building with an enamel roof, constructed in 1992 — ideal for immediate use as office space or as a transitional structure while you plan a larger development. Zoned C-2 General Commercial, this property supports a wide variety of uses. Utilities are already in place with South Central Sewer and Melbourne Water service available — streamlining your path from acquisition to operation. Whether you’re envisioning a high-traffic retail center, boutique hotel, educational facility, or specialty dealership, this property’s location and zoning flexibility make it a rare gem in Brevard County’s commercial market. Prime commercial parcel with C2 zoning on US-1 in Palm Shores — ideal for high-exposure retail, restaurant, service or hospitality uses. Just moments from the planned Margaritaville resort in Melbourne. Expect increased local traffic, tourism, and business activity once resort is operational. Excellent ingress/egress: close to 404 / Pineda Causeway (beach access), Wickham Road retail corridor, and major north-south arteries. Existing improvements reduce time to occupy or redevelop — the infrastructure is largely in place (water, sewer, etc.). Lot size ~1.49 acres — flexible layout potential. Suitable for multi-tenant building, drive-through facility, mixed commercial use, etc. A planned Margaritaville resort/hotel in Melbourne, approved in May 2022. It is to be located on South Harbor City Boulevard. WKMG It will feature ~146 rooms, multiple restaurants, a panoramic rooftop bar, a pool area with a tiki bar. WKMG A large stage/lawn area (~14,000 sq ft) for local entertainment for ~1,000 people. Don’t miss this chance to secure a high-exposure commercial site with unlimited potential in one of Brevard County’s most active growth corridors.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$641 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C-2

APN/PARCEL ID

26-37-30-DT-00000.0-0003.01

ASK ABOUT THIS PROPERTY

Jeff HagenColdwell Banker RealtyMore Info
321-228-0127

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Jeff HagenColdwell Banker RealtyMore Info
321-228-0127

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.