514 Loveridge Drive, Melbourne, FL 32935

New Listing
$599,000
Property Type: Commercial Sale Baths: 2 Square Footage: 2,038 Lot Size (sq. ft.): 13,939 Status: Active
Current Price: $599,000 List Date: 10/23/2026 Last Modified: 10/23/2026

Overview

Description

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,

Supplements: 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, Downtow ...

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

Building Features: Fenced; Interior Corridors; Kitchen Facilities; Lobby; Lounge; Office; Private Restroom; Public Restroom; Rear Access; Reception Area; Separate Office Area; Showroom; Storage Ceiling Type: Drywall Construction Materials: Block; Frame Cooling: Ceiling Fan(s); Central Air Current Use: Commercial; Office Electric: 200+ Amp Service Heating: Central; Electric Listing Terms: Cash; Conventional Location: Airport Access; Central Business District Lot Features: Cleared Parking Features: Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Roof: Metal Sale Includes: Building & Land Security Features: 24 Hour Security Sewer: Public Sewer Showing Requirements: Call Listing Agent Special Listing Conditions: Standard Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Water Source: Public

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
Listing Office: One Sotheby's International
Last Updated: October - 23 - 2026
Information is deemed to be reliable, but is not guaranteed.