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20 Professional Building
20 E. Melbourne Ave.
Melbourne, FL
14,984 Sq. Ft.
Property Facts
| Building Area: | 14,984 Sq. Ft. |
| Parcel Size: | 1.27 Acres |
| Number of Units: | 4 Units |
| Unit Range: | 2,500– 15,000 Sq. Ft. |
| Year Built: | 1962 |
| Construction: | CBS |
| Zoning: | C-IA– Professional, Offices and services District. |
| Building Height: | Single Story |
Property at Purchase
| Purchase Price: | $690,000.00 |
| Purchase Price PSF: | $46.04 |
| Occupancy at Purchase: | 0.00% |
| Average Rent PSF At Purchase: | $0.00 PSF |
After Renovation and Transformation
| Current Replacement Cost Value: | $260.00 PSF |
| Occupancy After One Year of Ownership: | 25.00% |
| Average Rent PSF After Renovation: | $18.00 PSF |
| Renovation Capital Expenditures: | $28.00 PSF |
