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Danielle Ellen Root

daniellerootrealtor@gmail.com +1(321) 492-0773

$ 599,000

Est. payment -/mo

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514 Loveridge DR Melbourne, FL 32935

2 Baths

2,038 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,038 sqft

Price per Sqft $293

Subdivision Loveridge Heights Addn 2 Amended Plat Of

MLS Listing ID 1090762

HOA Y/N No

Total Fin. Sqft 2038

Year Built 1952

Annual Tax Amount $4,489

Tax Year 2026

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Office

Source Space Coast MLS (Space Coast Association of REALTORS®)

Land Area 2038

Property Description

UPDATED STAND-ALONE COMMERCIAL BUILDING | EAU GALLIE | PROFESSIONAL OFFICE OR INVESTMENT OPPORTUNITY Exceptional opportunity to acquire an updated, stand-alone commercial building in the desirable Eau Gallie area of Melbourne, Florida. Ideally suited for an owner-user, professional practice, or commercial investor, this versatile property offers a functional layout, valuable on-site parking, and convenient access to major transportation corridors. The seller has recently completed numerous property improvements and capital upgrades, enhancing the building's overall functionality, exterior appeal, and long-term utility. The property features eight spacious private offices, a welcoming reception and waiting area, a kitchen, and two restrooms, including an ADA-compliant facility. Additional features include three on-site signage opportunities, nine dedicated parking spaces, & supplemental on-street parking. Recent improvements include an updated HVAC system, a new well pump, metal roof, fencing, irrigation, landscaping, and fresh exterior paint. These enhancements provide an attractive foundation for a variety of professional and commercial uses, subject to applicable zoning and approvals. Ideally positioned approximately 200 feet from US-1, the property offers convenient access to Melbourne Orlando International Airport, Downtown Melbourne, and surrounding business districts. Its accessible location, established professional-office configuration, and recent improvements make it an attractive opportunity for businesses seeking an independent commercial location or investors pursuing a versatile office asset. A compelling opportunity to acquire an improved commercial property in an established Melbourne business corridor, with the flexibility to accommodate a range of professional office & service-oriented uses. The property has undergone extensive updates and renovations, including new electrical wiring throughout with updated switches and outlets, new Cat 6 wiring, and new A/C piping and vents. The interior has been completely remodeled with fresh paint, new flooring, updated bathrooms, and a renovated kitchen. Additional improvements include brand-new high-impact, hurricane-rated windows. An interior and exterior security camera system is also included in the sale.

Location

State FL

County Brevard

Area 323 - Eau Gallie

Direction From Babcock Street, turn left and proceed approximately half a block to Loveridge Drive. Turn left onto Loveridge Drive; the building will be the first property on the right.

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Metal

Present Use Commercial,Office

Road Frontage City Street

Garage No

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 27-37-21-76-00004.0-0018.00

Security Features 24 Hour Security

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

ParcelsYN No

Virtual Tour https://www.virtualtourcafe.com/mls/10012780

Space Coast Association of Realtors (Brevard MLS)

Listed by One Sotheby's International

Danielle Ellen Root

Realtor® License ID: SL-3579992

+1(321) 492-0773

Danielle Ellen Root

514 Loveridge DR Melbourne, FL 32935

Key Details

Location

Interior

Exterior

Building

Others

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514 Loveridge DR