7115 Turner Road, Rockledge, FL 32955

$510,000
Property Type: Commercial Sale Square Footage: 3,000 Status: Closed
Current Price: $510,000 List Date: 4/20/2015 Last Modified: 7/04/2026

Overview

Description

INVESTMENT PROPERTY!! NOI is $42,612.00 per year giving this property a 7% cap rate!!There is a mortgage company in place with 1/2 the space on a new 5 year lease with 5% increases and the other half has 1.5 years left but will renew because they grew and took the other 1/2 of building! This beautiful 3000 sq.ft class A+ office is fully built out with 11 offices, conference rm, 1 work station,2 kitchen areas,2 bathroom, 2 large storage closet and reception area! All Miami Dade impact glass windows and doors. Solid 8 foot interior doors and beautiful finishes!

Listing Details MLS# 667901

General Property Information

Number Of Units Total
Yes
Building Area Total
3000
Year Built
2013
Association YN
Yes
Water Body Access YN
No
Waterfront YN
No
List Price/SqFt
203.33
Sold Price/SqFt
170
Lot Size Acres
0

Property Features

Building Features: Office Construction Materials: Block Cooling: Central Building Current Use: Commercial Flooring: Laminate; Tile Heating: Central Listing Terms: Lease Option Location: Central Business District Possession: Close Of Escrow Roof: Composition Sale Includes: Building & Land Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Call Listing Agent Utilities: Cable Available Water Source: Public

Contract Information

Original List Price
593000
Listing Contract Date
2013-05-13
Property Sub Type
Business

Location Tax and Legal

Street Number
7115
Street Name
Turner
Street Suffix
Road
County
Brevard
State
FL
Postal Code
32955
MLS Area Major
216 - Viera/Suntree N of Wickham
Subdivision Name
Pineda

Remarks and Miscellaneous

Public Remarks
INVESTMENT PROPERTY!! NOI is $42,612.00 per year giving this property a 7% cap rate!!There is a mortgage company in place with 1/2 the space on a new 5 year lease with 5% increases and the other half has 1.5 years left but will renew because they grew and took the other 1/2 of building! This beautiful 3000 sq.ft class A+ office is fully built out with 11 offices, conference rm, 1 work station,2 kitchen areas,2 bathroom, 2 large storage closet and reception area! All Miami Dade impact glass windows and doors. Solid 8 foot interior doors and beautiful finishes!

Status Change Information

Major Change Timestamp
2023-11-11T09:27:27Z
Major Change Type
Price Change
Price Change Timestamp
2015-04-18T12:33:07Z
Status Change Timestamp
2015-12-09
Purchase Contract Date
2015-10-22
Close Date
2015-12-09
Close Price
510000

More Information

Building Features

% Air Conditioned or Heated
100
Office
Yes

Location, Tax, and Legal

Tax Account
2631675
Parcel Number
263612de000090000500
General County Location
Central
Tax Annual Amount
4349.46
Tax Year
2012
Tax Legal Description
LOTS 5 TO 9 BLK 9 & W 1/2 VAC
Directions
From US 1 go west on Suntree Blvd and make right on Turner Blvd. Building is 7115 Turner. In Suntree Professional Center

Construction Materials

Block
Yes

Cooling

Central Building
Yes

Current Use

Commercial
Yes

Flooring

Laminate
Yes
Tile
Yes

Heating

Central
Yes

Listing Terms

Lease Option
Yes

Possession

Close Of Escrow
Yes

Income and Expenses

Net Operating Income
0
Operating Expense
0

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes

Location

Central Business District
Yes

Sale Includes

Building & Land
Yes
Listing Office: One Sotheby's International
Last Updated: July - 04 - 2026
Information is deemed to be reliable, but is not guaranteed.