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$1,950,000
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Property Description
Excellent opportunity to purchase a 100% occupied mixed use retail/office/bar building in the heart of EGAD! Six unit which total 8,580 SF. Each unit is individually metered for electric. Water is common. All leases are NNN structures. Rent roll and leases will be provided to qualified Buyers. Utilities include City Water/Sewer, FPL Electric & Spectrum Fiber. 5 concrete paved/striped/lighted parking spaces. Exposure to est. 17,500 VPD on Eau Gallie Boulevard. Eau Gallie Boulevard is a direct connector between I-95, US1 and the beaches. Surrounding businesses include Intracoastal Brewing, Tomahawk Robotics, Pineapples, and Squid Lips to name a few. Call today for details!
Full Property Details
Full Property Details for 587 W Eau Gallie Blvd
General
- Sold For: $1,950,000
- Taxes: $11,601 (2024)
- Status: Closed
- Type: Commercial
- Source: BrevardCounty
- MLS ID: 1045173
- Added to Site: 257 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 9
Parking
- Parking Features: Parking Lot
Location
- Area: 323 - Eau Gallie
- County: Brevard
- Subdivision: Village Plat of Eau Gallie
- Driving Directions: Located on the south side of Eau Gallie Boulevard, east of Guava Avenue and west of Highland Avenue.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Concrete
- Stories/Levels: 2
- Square Feet: 8,580
- Living Area: 8,580 Sq. Ft.
- Current Bldg. Use: Commercial, Mixed Use, Office, Retail
- Year Built: 1920
Unit Information
- Units in Building: 6
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Features: Historic Area
Financial Considerations
- Price Per Sq. Ft.: $255.83
- Tax Amount: $11,601.3
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 27-37-16-25-00023.0-0005.00
Listed by The Ullian Realty Corporation
Sold by The Ullian Realty Corporation
Get Pre-Approved Today
Schools
Schools serving 587 W Eau Gallie Blvd
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Eau Gallie High School 1400 Commodore Boulevard, Melbourne, FL 32935 | 9-12 | 1.3 mi |
Dr. W.J. Creel Elementary School 2000 Glenwood Drive, Melbourne, FL 32935 | PK-6 | 1.3 mi |
Lyndon B. Johnson Middle School 2155 Croton Road, Melbourne, FL 32935 | 7-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 587 W Eau Gallie Blvd
Date
Details
Price
Change
Source
7/31/2025
Sold
$1,950,000
-11.16%
MLS
5/04/2025
Listed
$2,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
587 W Eau Gallie Boulevard, Melbourne, FL 32935 (MLS# 1045173) is a Commercial property that was sold at $1,950,000 on July 31, 2025. Want to learn more about 587 W Eau Gallie Boulevard? Do you have questions about finding other Commercial real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

