About This Property
Description from listing agentThis ''lot'' is one of 9 lots that are all relatively identical. These lots are designed to fit four office condo units with a total area of 5,041 s.f. per building. Each condo unit (4 proposed in each building) could have a size of 1,260 s.f. each or any permutation of that multiple. This Lot has all parking, retention, water and sewer stub out and are flat and level and cleared. They are ready for development of a 5,041 s.f. building. This is a perfect location for a medical use since the hospital is located 2.3 miles or 6 minutes by car. The complex is well maintained and managed. Other owners/tenants include dentist, doctors, massage therapy, lawyer, insurance company, and Realtor. Amazing opportunity to own a free standing office building in the center of town with much of the work of development already completed. There are a total of 10 lots with 9 lots designed for 5041 s.f. buildings and one of approx. 7500 s.f. Asking price is for 1 lot for 5041 sf. blding. All avail.
Space Coast Context
🚀 Launch Viewing — Good Views
31.2 mi from SLC-40
31.2 miles from SLC-40 — visible on clear days, especially at night.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
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Community & HOA
HOA
- Name: Palms Pointe Office CondoView HOA Profile →
- Fee: $80 / monthly
Schools
Elementary
Harbor City
Middle School
Hoover
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $1,449
- Property taxes
- $275
- Insurance & HOA
- $230
Based on a 6.90% rate, 30-year loan, and $275K price — down payment shown: $55,000.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
