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5120 N Highway 1
Melbourne FL 32940 US

$2,750,000

Active Listing ID 1066459
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4.00 Bath (4 Full)
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Lot: 4.64 Acres
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Office

$2,750,000

Active Listing ID 1066459
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5120 N Highway 1 Unique Opportunity to Own Prime Commercial Real Estate in Melbourne! 4.64 Acres of Direct US 1 and 300 ft. of Indian River Front Frontage; can be broken up into three parcels total. One of the three potential parcels has a beautiful concrete block 5400 square foot tile roof building and is currently fully occupied with long term leases in place. Build on the other two parcels as you collect income from this beautiful building! Phase 1 Environmental Completed with approval for 33, 000 square foot building. Height variance approved by the town of Palm Shores for this project. Will provide documentation; New 5 year leases in place on current building at ROI at approx 7%.

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Property Features

  • Facts
  • Lot Size: 4.64 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Office
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air, Ceiling Fan(s)
  • Floor Covering: Carpet, Tile
  • Roof Type: Tile
  • Heating Fuels: Central
  • Additional Features
  • Waterfront

Property

  • propertytype: Commercial Sale
  • propertysubtype: Office
  • listprice: 2750000
  • unparsedaddress: 5120 N Highway 1
  • postalcity: Melbourne
  • stateorprovince: FL
  • country: US
  • postalcode: 32940
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 4.64
  • lotsizeunits: Acres
  • lotsizearea: 4.64
  • livingarea: 5400
  • livingareaunits: Square Feet
  • latitude: 28.264099
  • longitude: -80.689889
  • listagentfullname: Jason J Bucci
  • listagentemail: bucci-j@msn.com
  • listagentkey: 3yd-SCAORFL-3045210
  • listagentmlsid: 3045210
  • listagentpreferredphone: 3215915922
  • listagentofficephone: 3212552600
  • listofficekey: 3yd-SCAORFL-cbay0
  • listofficemlsid: cbay0
  • disclaimer: Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCAORFL
  • yearbuilt: 2014
  • listingcontractdate: 2026-01-14
  • listagenturl: http://www.c21baytree.com
  • countyorparish: Brevard
  • parcelnumber: 26-37-30-Dt-00000.0-0005.00
  • cooling: Central Air, Ceiling Fan(s)
  • constructionmaterials: Block, Stucco
  • flooring: Carpet, Tile
  • heating: Central
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • roof: Tile
  • waterfrontyn: True
  • franchiseaffiliation: Century 21 Real Estate
  • waterfrontfeatures: Navigable Water
  • rooms: Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4
  • utilities: Water Available
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.68989, 28.2641
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Century 21 Baytree Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"bucci-j@msn.com", "ListBrokerageCity":"Rockledge", "ListBrokerageCountry":"US", "ListBrokerageEmail":"bucci-j@msn.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Century 21 Baytree Realty", "ListBrokeragePhone":"(321) 591-5922", "ListBrokeragePostalCode":"32955", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1211 Admiralty Blvd", "ListBrokerageWebsiteUrl":"http://www.c21baytree.com", "ListOfficeAddress1":"5120 N US Hwy 1 #102 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"cbay0", "ListOfficeCity":"Melbourne", "ListOfficeCountry":"USA", "ListOfficeEmail":"bucci-j@msn.com", "ListOfficePostalCode":"32940", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Melbourne, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-01-14 19:22:21", "Neighborhoods":[{"Description":null, "Name":"Honeybrook Plantation"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":15772, "TaxDescription":"HONEYBROOK PLANTATION LOTS 5, 6, 7 EXC ORB 7354 PG 1031 & HWY R/W", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/14/2026 7:31:08 PM GMT
Source Updated Date: 1/15/2026 6:46:38 PM GMT

Courtesy of: Jason J Bucci, CENTURY 21 Baytree Realty, bucci-j@msn.com

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.