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For SaleOfficeActive

514 Loveridge Drive

Melbourne, FL 32935

$599,000

18 Days On Site

  • 2Baths
  • 2,038Sq Ft
  • $294Per Sq Ft
  • 0.32Acres
  • 1952Built
Subdivision
Loveridge Heights Addn 2 Amended Plat Of
County
Brevard
MLS®
1090762

Overview

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.

Listing Snapshot

Price
$599,000
Days On Site
18 Days
Bedrooms
N/A
Inside Area (SqFt)
2,038 sqft
Total Baths
2
Full Baths
N/A
Partial Baths
0
Lot Size
0.32 Acres
Year Built
1952
MLS® Number
1090762
Status
Active
Property Tax
$4,489.68 (2026)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

13 items
Acres
0.32
Additional Property Use
Commercial, Office
Building Features
Storage, Fenced, Interior Corridors, Kitchen Facilities, Lobby, Lounge, Office, Private Restroom, Public Restroom, Rear Access, Reception Area, Separate Office Area, Showroom
Number Of Stories
1
Parking
Parking Lot
Property Sub Type
Office
Security
24 Hour Security
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
2,038
Utilities
Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water Source
Public
Zoning
Commercial/Residential/Office

Interior Features

3 items
Cooling
Central Air, Ceiling Fan(s), Electric
Electric
200+ Amp Service
Heating
Central, Electric

Exterior Features

5 items
Construction Details
Block, Frame
Fencing
Fenced
Lot Features
Cleared
Road Frontage
City Street
Roof
Metal

Community Features

2 items
MLS Area
323 - Eau Gallie
Financing Terms Available
Cash, Conventional

Location

514 Loveridge Drive, Melbourne, FL 32935 · 323 - Eau Gallie

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Neighborhood & Commute

ZIP Code 32935

Median household income
$61,326
Income per person
$33,864
Households
19,561
Average household size
2.16
Median age
42.3

Source: Walk Score.

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

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Active
  3. Listing first seen on site

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Listing courtesy of One Sotheby's International (321) 984-3135

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-09 03:22 AM EST

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