1322 Oak Street, Melbourne, FL 32901

$195,000
Property Type: Commercial Sale Square Footage: 1,368 Lot Size (sq. ft.): 12,632 Status: Closed
Current Price: $195,000 List Date: 9/21/2020 Last Modified: 8/28/2026

Overview

Description

Stand alone medical/professional building. On-Site parking. RP Zoning allows for Medical/Office/Service/Laboratory Opportunity Zone This property is located in an identified Opportunity Zone. These zones are designed to spur economic development and job creation in communities throughout the country by providing tax benefits to investors who invest eligible capital into these communities. Taxpayers may defer tax on eligible capital gains by making an appropriate investment in a Qualified Opportunity Fund and meeting other requirements. For further information on Opportunity Zones, please visit https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx

Listing Details MLS# 828082

General Property Information

Number Of Units Total
Yes
Building Area Total
1368
Year Built
1957
Lot Size Acres
0.29
Property Use
C-OFFICE BUILDING - SINGLE TENANT - 1 STORY (1700)
Use Code
17 / OFFICE, ONE STORY
Association YN
No
Water Body Access YN
No
Waterfront YN
No
List Price/SqFt
164.47
Sold Price/SqFt
142.54

Property Features

Construction Materials: Block Cooling: Central Building Electric: 100 Amp Service Flooring: Carpet Heating: Central Location: Central Business District Possession: Close Of Escrow Roof: Wood Joist Sale Includes: Building & Land Sewer: Public Sewer Showing Requirements: Call Listing Agent Water Source: Public

Contract Information

Original List Price
225000
Listing Contract Date
2018-10-23
Property Sub Type
Office

Location Tax and Legal

Street Number
1322
Street Name
Oak
Street Suffix
Street
County
Brevard
State
FL
Postal Code
32901
MLS Area Major
330 - Melbourne - Central
Subdivision Name
Woodlawn Park Replat

Remarks and Miscellaneous

Public Remarks
Stand alone medical/professional building. On-Site parking. RP Zoning allows for Medical/Office/Service/Laboratory Opportunity Zone This property is located in an identified Opportunity Zone. These zones are designed to spur economic development and job creation in communities throughout the country by providing tax benefits to investors who invest eligible capital into these communities. Taxpayers may defer tax on eligible capital gains by making an appropriate investment in a Qualified Opportunity Fund and meeting other requirements. For further information on Opportunity Zones, please visit https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx

Status Change Information

Major Change Timestamp
2020-12-29T01:21:55Z
Major Change Type
Status Change
Status Change Timestamp
2020-12-28
Purchase Contract Date
2020-11-17
Close Date
2020-12-24
Close Price
195000

More Information

Building Features

Clear Ceiling Height
1368

Location, Tax, and Legal

Tax Account
2729964
Parcel Number
27-37-34-51-00000.0-0354.00
General County Location
South
Tax Annual Amount
3464.57
Tax Year
2017
Tax Legal Description
WOODLAWN PARK REPLAT LOTS 354 & 355, E 10 FT OF N 4 FT OF LOT 339 & E 10 FT OF LOT 340
Directions
From Hibiscus, take Oak St north. Building is on left, adjacent to Holmes Regional Hospital. Local employers include Northrup Grumman, L3Harris, Health First.

Construction Materials

Block
Yes

Cooling

Central Building
Yes

Electric

100 Amp Service
Yes

Flooring

Carpet
Yes

Heating

Central
Yes

Possession

Close Of Escrow
Yes

Roof

Wood Joist
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes

Location

Central Business District
Yes

Sale Includes

Building & Land
Yes
Listing Office: Engel & Voelkers Melb Downtown
Last Updated: August - 28 - 2026
Information is deemed to be reliable, but is not guaranteed.