5560 Highway 1 N $550,000

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    5560 Highway 1 N Melbourne, FL 32940

    • Commercial Sale
    MLS# 806820 | Active

    $550,000

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    Days On Market: 349 52 Views
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    Property Details

    River Views and High Traffic Counts are among the may benefits of this property near Suntree/Viera and the Beaches. Frontage on a busy stretch of Highway US1 directly across from the Indian River. Annual Average Daily Traffic of 38,500. The 3,600 square foot building provides overhead doors, office areas, and expansive open space able to house a showroom, warehouse, or light industry provided it's compliant with local zoning. The property easily connects with I-95 via the 404, providing ease of access for customers and staff alike.

    • General Features
      • Area 322 - Palm Shores
      • County Brevard
      • General County Location South
      • Subdivision/Condo Name INDIAN RIVER VILLA REC IN DB 318 PG 182
      • Year Built 1948
    • Building Features
      • Construction Frame
      • Heating Central,Electric
      • Flooring Other

    Contact

    HomesIn321

    Team Website

    Suntree Office Brevard County

    Cell: 321-506-7800

    Neighborhood

    32940 (Melbourne) Demographics

    48Median Age
    280Population Density (per sq. mile)
    55%College Educated
    $69,050Estimated Median Income
    11,714Estimated Total Home Owners
    2,441Estimated Total Renters
    83% / 17%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    36,475Total Population

    Market Last 30 Days

    $257,000 Median Sales Price
    81 Homes Sold
    133 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $550,000
        1/2/2019 2:02:27 PM Price Reduced Source New Value: $550,000 -18.52%
        9/10/2018 2:03:34 PM Price Reduced Source New Value: $675,000 -2.88%
        3/2/2018 8:04:00 PM New in Database Source New Value: $695,000

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        The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than Dale Sorensen Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Listing information is deemed reliable, but is not guaranteed. The Multiple Listing Service of South Brevard County, Inc. and Space Coast Association of REALTORS®, Inc. and Dale Sorensen Real Estate do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein.

        Copyright 2019, the Multiple Listing Service of South Brevard County, Inc. and Space Coast Association of REALTORS®, Inc. All rights reserved.