514 Loveridge Drive, Melbourne, FL 32935

$199,900
Property Type: Commercial Sale Square Footage: 2,038 Lot Size (sq. ft.): 13,939 Status: Closed
Current Price: $199,900 List Date: 5/24/2016 Last Modified: 6/15/2026

Overview

Description

Welcome to this move in ready centrally located building, with a new white metal roof being installed June 2016, updated bathrooms, and new outside paint. This building could be used for many different type of business like massage therapy, medical or professional. The Owner is also willing to provide zero down owner financing on a lease-to-own after the initial lease ends. Will lease at $1,250 per month, plus taxes and CAM.

Listing Details MLS# 755312

General Property Information

Number Of Units Total
Yes
Stories Total
Yes
Building Area Total
2038
Year Built
1952
Lot Size Acres
0.32
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
98.09
Sold Price/SqFt
98.09

Property Features

Ceiling Type: Drywall Construction Materials: Frame; Stucco Cooling: Central Building; Electric Current Use: Commercial Flooring: Carpet; Vinyl Heating: Central; Electric Listing Terms: Assumable; Lease Option; Lease Purchase Possession: Close Of Escrow; Negotiable Roof: Composition Sale Includes: Building Only Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Lockbox Utilities: Cable Available Water Source: Public Contingency Reason: Other

Contract Information

Original List Price
199900
Listing Contract Date
2016-05-24
Property Sub Type
Business

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
Welcome to this move in ready centrally located building, with a new white metal roof being installed June 2016, updated bathrooms, and new outside paint. This building could be used for many different type of business like massage therapy, medical or professional. The Owner is also willing to provide zero down owner financing on a lease-to-own after the initial lease ends. Will lease at $1,250 per month, plus taxes and CAM.

Status Change Information

Major Change Timestamp
2016-06-22T20:31:48Z
Major Change Type
Status Change
Status Change Timestamp
2016-06-22
Contingency
Active Under Contract
Purchase Contract Date
2016-06-11
Close Date
2016-06-21
Close Price
199900

More Information

Building Features

% Air Conditioned or Heated
100
Clear Ceiling Height
2038

Location, Tax, and Legal

Tax Account
2725343
Parcel Number
27-37-21-76-00004.0-0018.00
General County Location
Central
Tax Annual Amount
2671.86
Tax Year
2015
Tax Legal Description
LOVERIDGE HEIGHTS, ADDN 2 AMENDED PLAT OF PART OF LOT 18 BLK 4 AS DESC IN ORB 2925 PG 777
Directions
Turn left on US-1 from Babcock, then turn left at Loveridge Drive, bulding in located on the right hand side. From Sarno Road turn right on US-1, and right on Loveridge Drive.

Construction Materials

Frame
Yes
Stucco
Yes

Cooling

Central Building
Yes
Electric
Yes

Current Use

Commercial
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Heating

Central
Yes
Electric
Yes

Listing Terms

Assumable
Yes
Lease Option
Yes
Lease Purchase
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Water Source

Public
Yes

Showing Requirements

Lockbox
Yes

Ceiling Type

Drywall
Yes

Location

City
Yes

Sale Includes

Building Only
Yes

Contingency Reason

Other
Yes
Listing Office: We Say Sold Inc
Last Updated: June - 15 - 2026
Information is deemed to be reliable, but is not guaranteed.