5120 N Highway 1, Palm Shores, FL 32940

Property Details:

Unique Opportunity to Own Prime Commercial Real Estate in Melbourne! 4.64 Acres of Direct US 1 and 300 ft. of Indian River Front Frontage; can be broken up into three parcels total. One of the three potential parcels has a beautiful concrete block 5400 square foot tile roof building and is currently fully occupied with long term leases in place. Build on the other two parcels as you collect income from this beautiful building! Owner will sell the out parcels separatelyOwner will sell the out parcels separately at ($500k) per outparcel

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• Acres4.64 acres
• Area322 - NE Melbourne/Palm Shores
• CityPalm Shores
• CountyBrevard
• DirectionsFrom Pineda Causeway Head South on US 1 and Building is approx 3/4 mile on your right hand side.
• General County LocationCentral
• Legal DescriptionHONEYBROOK PLANTATION LOTS 5,6,7 EXC ORB 7354 PG 1031 & HWY R/W
• Listing ID973713
• Listing StatusActive
• Property TypeCommercial
• Real Estate Taxes$13,371.90
• SqFt - Total5,400 sqft
• State/ProvinceFL
• StatusActive
• Status Change DateSaturday, March 30th, 2024
• Street DirectionN
• Street NameHighway 1
• Street Number5120
• SubdivisionHoneybrook Plantation
• Tax Year2022
• Total Building Area5400.00
• TypeBusiness
• UnBranded Virtual TourClick Here
• Unit Number102
• Var/Dual RateIndian River
• WaterfrontYes
• Year Built2014
• Zip Code32940