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514 Loveridge Drive, Melbourne, FL 32935
New ListingOverview
Description
Supplements: ... (Read more) 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 Details MLS# 1090762
General Property Information
- Stories Total
- Yes
- Bathrooms Total
- 2
- Building Area Total
- 2038
- Building Area Source
- Public Records
- Year Built
- 1952
- Lot Size Acres
- 0.32
- Association YN
- No
- Senior Community YN
- No
- List Price/SqFt
- 293.92
- Number Of Units Total
- 0
Property Features
Contract Information
- Original List Price
- 599000
- Listing Contract Date
- 2026-10-22
- Property Sub Type
- Office
- Comp Sale YN
- No
Location Tax and Legal
- Street Number
- 514
- Street Name
- Loveridge
- Street Suffix
- Drive
- County
- Brevard
- State
- FL
- Postal Code
- 32935
- MLS Area Major
- 323 - Eau Gallie
- Subdivision Name
- Loveridge Heights Addn 2 Amended Plat of
Remarks and Miscellaneous
- Public Remarks
- 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,
Status Change Information
- Major Change Timestamp
- 2026-10-23T17:33:28Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-10-23
More Information
Location, Tax, and Legal
- Tax Account
- 2725343
- Parcel Number
- 27-37-21-76-00004.0-0018.00
- General County Location
- South
- Tax Annual Amount
- 4489.68
- Tax Year
- 2026
- Tax Legal Description
- LOVERIDGE HEIGHTS, ADDN 2 AMENDED PLAT OF PART OF LOT 18 BLK 4 AS DESC IN ORB 2925 PG 777
- Additional Parcels YN
- No
- Zoning Description
- Commercial/Residential/Office
- Flood Zone
- X
- Directions
- From Babcock Street, turn left and proceed approximately half a block to Loveridge Drive. Turn left onto Loveridge Drive; the building will be the first property on the right.
Construction Materials
- Block
- Yes
- Frame
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
- Electric
- Yes
Current Use
- Commercial
- Yes
- Office
- Yes
Electric
- 200+ Amp Service
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Cleared
- Yes
Parking Features
- Parking Lot
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Metal
- Yes
Security Features
- 24 Hour Security
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Building Features
- Fenced
- Yes
- Interior Corridors
- Yes
- Kitchen Facilities
- Yes
- Lobby
- Yes
- Lounge
- Yes
- Office
- Yes
- Private Restroom
- Yes
- Public Restroom
- Yes
- Rear Access
- Yes
- Reception Area
- Yes
- Separate Office Area
- Yes
- Showroom
- Yes
- Storage
- Yes
Ceiling Type
- Drywall
- Yes
Location
- Airport Access
- Yes
- Central Business District
- Yes
- City
- Yes
Sale Includes
- Building & Land
- Yes
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