514 Loveridge Drive, Melbourne, Fl 32935, FL514 Loveridge Drive, Melbourne, Fl 32935, FL514 Loveridge Drive, Melbourne, Fl 32935, FL
Stellar MLS
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$599,000

514 Loveridge Drive, Melbourne, Fl 32935Melbourne, FL 32935

Listing updated: October 23, 2026 at 3:58 PM ET

Active
Listing courtesy of One Sotheby'S International · James Edmunds · MLS #1090762 · Active · 321-984-3135
2
Baths
2,038
Sq Ft
0.32
Acres
1952
Built
◆$294/sqft
Office

Property type

1952

Year built

13,939 sqft

Lot size

$294

Price / sq ft

No HOA

HOA dues

About this home

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.

Estimated monthly payment

Principal & interest$3,029
Property taxes (est.)$549
Home insurance (est.)$275

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history

  1. Status: Active
    Oct 23, 2026
  2. Listed$599,000
    Oct 23, 2026

Facts & features

Property type
Commercial Sale
Sub type
Office
Status
Active
Subdivision
Loveridge Heights Addn 2 Amended Plat Of
County
Brevard
Year built
1952
Living area
2,038 sq ft
Price/sq ft
$294
Lot size
13,939 sq ft
Parcel #
27-37-21-76-00004.0-0018.00
MLS #
1090762

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Listing Details

Listing date
2026-10-22
On market date
2026-10-23
Original list price
$599,000
Status changed
2026-10-23

Location

Property sale history

Public records

514 LOVERIDGE DR, MELBOURNE 32935

  • May 2024$485,000

2,038 sq ft · Built 1952 · 0.3200 acres

Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of October 23, 2026 at 3:58 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)

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© 2026 Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.

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