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$599,000
2 Days On Site

514 Loveridge Drive
Melbourne, FL 32935

For Sale|Office|Active
0
Beds
2
Total Baths
2,038
SqFt
$294
/SqFt
1952
Built
Subdivision:
Loveridge Heights Addn 2 Amended Plat of
County:
Brevard
Call Now: (407) 250-4708
Is this the listing for you? We can help make it yours.
(407) 250-4708
514 Loveridge Drive514 Loveridge Drive514 Loveridge Drive514 Loveridge Drive
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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.

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Listing Snapshot
Price 
$599,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,038 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.32 Acres
Year Built 
1952
MLS Number 
1090762
Status 
Active
Property Tax 
$4,489.68
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
22 hours agoStatus changed to Active
22 hours agoListing updated with changes from the MLS
3 days agoListing first seen on site
General Features
Acres 
0.32
Additional Property Use 
CommercialOffice
Building Features 
StorageFencedInterior CorridorsKitchen FacilitiesLobbyLoungeOfficePrivate RestroomPublic RestroomRear AccessReception AreaSeparate Office AreaShowroom
Number Of Stories 
1
Parking 
Parking Lot
Property Sub Type 
Office
Security 
24 Hour Security
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2038
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
Commercial/Residential/Office
Interior Features
Cooling 
Central AirCeiling Fan(s)Electric
Electric 
200+ Amp Service
Heating 
CentralElectric
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Exterior Features
Construction Details 
BlockFrame
Fencing 
Fenced
Lot Features 
Cleared
Road Frontage 
City Street
Roof 
Metal
Community Features
MLS Area 
323 - Eau Gallie
Financing Terms Available 
CashConventional
Listing courtesy of One Sotheby's International

The data relating to real estate shown on this website comes in part from the Internet Data Exchange (IDX) program of Space Coast Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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