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Harbor City Professional Building
3700 North Harbor City Blvd.
Melbourne FL
7,692 Sq. Ft.
Property Facts
| Building Area: | 7,692 Sq. Ft. |
| Parcel Size: | .71 Acres |
| Number of Units: | 12 Units |
| Unit Range: | 530-724 SF |
| Year Built: | 1983 |
| Construction: | CBS |
| Air Conditioning: | 100% Central Air |
| Building Height: | 2 Story |
| Zoning: | C-1 Neighborhood Commercial |
| Property Type: | Professional Office Building |
Property at Purchase
| Purchase Price: | $460,000.00 |
| Purchase Price PSF: | $59.80 |
| Occupancy at Purchase: | 10% |
| Average Rent PSF At Purchase: | $6.00 PSF |
After Renovation and Transformation
| Current Replacement Cost Value: | $325 PSF |
| Occupancy After Two Years of Ownership: | 100.00% |
| Average Rent PSF After Renovation: | $16.00 PSF |
| Renovation Capital Expenditures: | $20.00 PSF |
