




2 Baths
2,038 sqft
$599,000
514 Loveridge Drive, Melbourne FL, 32935
Price per sqft$293.92
Built in1952
Property size2,038 sqft
Property typeCommercial
Overview
Active
Listed Oct 23, 2026
Updated 2 days ago
UPDATED STAND-ALONE COMMERCIAL BUILDING | EAU GALLIE | PROFESSIONAL OFFICE OR INVESTMENT OPPORTUNITY Exceptional opportunity to acquire an updated, stand-alone commercial building in the desirable Eau Gallie area of Melbourne, Florida. Ideally suited for an owner-user, professional practice, or commercial investor, this versatile property offers a functional layout, valuable on-site parking, and convenient access to major transportation corridors. The seller has recently completed numerous property improvements and capital upgrades, enhancing the building's overall functionality, exterior appeal, and long-term utility. The property features eight spacious private offices, a welcoming reception and waiting area, a kitchen, and two restrooms, including an ADA-compliant facility. Additional features include three on-site signage opportunities, nine dedicated parking spaces, & supplemental on-street parking. Recent improvements include an updated HVAC system, a new well pump, metal roof, fencing, irrigation, landscaping, and fresh exterior paint. These enhancements provide an attractive foundation for a variety of professional and commercial uses, subject to applicable zoning and approvals. Ideally positioned approximately 200 feet from US-1, the property offers convenient access to Melbourne Orlando International Airport, Downtown Melbourne, and surrounding business districts. Its accessible location, established professional-office configuration, and recent improvements make it an attractive opportunity for businesses seeking an independent commercial location or investors pursuing a versatile office asset. A compelling opportunity to acquire an improved commercial property in an established Melbourne business corridor, with the flexibility to accommodate a range of professional office & service-oriented uses. The property has undergone extensive updates and renovations, including new electrical wiring throughout with updated switches and outlets, new Cat 6 wiring, and new A/C piping and vents. The interior has been completely remodeled with fresh paint, new flooring, updated bathrooms, and a renovated kitchen. Additional improvements include brand-new high-impact, hurricane-rated windows. An interior and exterior security camera system is also included in the sale.
Additional information
- MLS® ID
- 1090762
Interior Features
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.32 Acres
Other Property Details
- Taxes
- $4,490
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of One Sotheby's International, James Edmunds,
Listing Contact: 321-984-3135
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Angelica Garcia shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2026 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.