1363 Cypress Avenue, Melbourne, FL 32935 (MLS# 1080412)

1363 Cypress Avenue, Melbourne, FL 32935

$1,750,000
Property Type: Commercial Sale Square Footage: 14,675 Lot Size (sq. ft.): 27,878 Status: Active
Current Price: $1,750,000 List Date: 6/18/2026 Last Modified: 10/09/2026

Overview

Description

Four-building commercial assemblage totaling 14,675 SF on 0.64 acres. Multi-tenant retail/office under single ownership. Oldest improvement dates to 1957. Priced at $1,750,000. Sixteen units, 13 leased. Roofs replaced 2018 and coated 2024, five HVAC systems replaced in the last four years, new water lines at 1385 in 2026. Fronts Cypress Avenue, one block off the US-1 / Eau Gallie Boulevard intersection. US-1 carries 36,500 AADT north of Eau Gallie Boulevard and 55,500 south toward Sarno Road. Eau Gallie Boulevard is the only bridge crossing to the barrier island in this segment. Melbourne Orlando International Airport is 14 minutes west, I-95 six minutes north, downtown Melbourne nine minutes south. L3Harris and Holmes Regional Medical Center are within four miles. Eau Gallie Activity Center overlay permits elevated floor area ratios and densities. Community Redevelopment Area status. Flood Zone X per FEMA Panel 12009C0519H. No flood insurance required.

Listing Details MLS# 1080412

General Property Information

Building Area Total
14675
Building Area Source
Assessor
Year Built
1957
Lot Size Acres
0.64
List Price/SqFt
119.25

Property Features

Ceiling Type: Suspended Construction Materials: Other Cooling: Central Air Fencing: Other Flooring: Other Heating: Central Lot Features: Other Parking Features: Other Road Frontage Type: City Street; State Road Roof: Wood Truss/Raft; Other Sale Includes: Building & Land Sewer: Unknown Showing Requirements: Call Listing Agent Water Source: Public

Contract Information

Original List Price
1900000
Listing Contract Date
2026-06-18
Property Sub Type
Retail
Comp Sale YN
No

Location Tax and Legal

Street Number
1363
Street Name
Cypress
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32935
MLS Area Major
323 - Eau Gallie
Subdivision Name
Eau Gallie Village Plat of

Remarks and Miscellaneous

Public Remarks
Four-building commercial assemblage totaling 14,675 SF on 0.64 acres. Multi-tenant retail/office under single ownership. Oldest improvement dates to 1957. Priced at $1,750,000. Sixteen units, 13 leased. Roofs replaced 2018 and coated 2024, five HVAC systems replaced in the last four years, new water lines at 1385 in 2026. Fronts Cypress Avenue, one block off the US-1 / Eau Gallie Boulevard intersection. US-1 carries 36,500 AADT north of Eau Gallie Boulevard and 55,500 south toward Sarno Road. Eau Gallie Boulevard is the only bridge crossing to the barrier island in this segment. Melbourne Orlando International Airport is 14 minutes west, I-95 six minutes north, downtown Melbourne nine minutes south. L3Harris and Holmes Regional Medical Center are within four miles. Eau Gallie Activity Center overlay permits elevated floor area ratios and densities. Community Redevelopment Area status. Flood Zone X per FEMA Panel 12009C0519H. No flood insurance required.

Status Change Information

Major Change Timestamp
2026-07-24T20:46:39Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-07-24T20:46:39Z
Status Change Timestamp
2026-06-18

More Information

Listing Office: Reach Commercial Real Estate
Last Updated: October - 09 - 2026
Information is deemed to be reliable, but is not guaranteed.