Cypress Plaza offers an exceptional opportunity in the heart of the revitalized Eau Gallie Arts District—a growing commercial and cultural hub on Florida’s Space Coast. With short-term leases currently in place, there is immediate upside potential to either re-lease at higher market rents or reposition the asset entirely. Cypress Plaza is ideally situated for value-add investors looking to capitalize on rising demand for flexible office and retail space in a high-growth, high visibility corridor. Investment Highlights Prime Location: Situated in the vibrant heart of the Eau Gallie Arts District (EGAD) — a recognized Florida Main Street with bustling foot traffic and strong city backing. Mixed-Use Complex: A total of approximately 14,675 square feet across four buildings featuring 18 individual suites for office and retail use. Current Income: Gross annual income stands at $218,509, with potential for growth through re-leasing and market adjustments. Flexible Leasing: Short-term leases provide the opportunity to increase rents or reposition the asset as needed. Rent Growth Potential: Comparable properties indicate potential rent increases of 10–15% or more across the portfolio. High Visibility: The property boasts prominent frontage on Cypress Avenue, with convenient access to US1, I-95, and the Indian River Lagoon. Surrounding Development: The area is seeing new growth, which will include hospitality retail and restaurant spaces. Investment by City: Recent enhancements totaling $100,000 by the City of Melbourne have been made for EGAD infrastructure, streetscapes, and cultural initiatives. Cultural Amenities: Nearby attractions such as 30+ murals, museums, cafes, and picturesque waterfront paths add to the appeal for long-term tenants. (650) 787-7645 cell - Suzanne Mathieu or Mike Spetko (305) 799-8369 Cypress Professional Plaza, Melbourne Florida office building, Brevard County investment property, fully leased commercial property, professional office plaza, income producing property, CAP rate investment, medical office building, dentist office space, doctor office property, owner user potential, triple net lease, NNN investment, 100% occupied, stabilized asset, Melbourne FL commercial real estate, retail office combination, mixed use property, Space Coast investment, Class B office building, cash flow property, real estate investment Florida, Florida office building for sale, investor opportunity, passive income property, Melbourne investment property, commercial property Melbourne Florida, prime location office building, walk to Florida Institute of Technology, central Melbourne location, professional tenants, long term leases, multi tenant office building, Brevard commercial real estate for sale.