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$1,280,000
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Property Description
PRICE REDUCTION!!! This is a great business opportunity!! The 653 East University property is presently a functioning convenience store and gas station. The business is also being sold with the real estate. The zoning allows for residential development, office, medical and retail. It is currently classified as C-1 Neighborhood Zoning Commercial. This property is conveniently located within 3/4 miles of the Florida Institute of Technology University and Downtown Melbourne. The main corridor is well traveled and centrally located. The City of Melbourne estimates that there are approximately 10,000 or more vehicles that passes a day. Buyer to verify. This property is located in the South Melbourne Community and conveniently also service the neighborhood. This is a prosperous business. Financial information is available upon request.
Full Property Details
Full Property Details for 653 E University Blvd
General
- Price: $1,280,000
- Taxes: $6,947 (2024)
- Status: Active
- Type: Business
- Source: BrevardCounty
- MLS ID: 970373
- Updated: 1/4/2026
- Added to Site: 927 day(s) ago
Rental Information
- Complex Features: Manager on Premise, Public Restroom, Rear Access
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 1
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: Additional Parking, Parking Lot
Location
- Area: 330 - Melbourne - Central
- County: Brevard
- Driving Directions: When entering from Babcock Street, go East on University Blvd. The building will be on your right, From US-1, go west on University Blvd. The building will be on your left.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick, Concrete, Frame, Stucco
- Roof: Flat Tile
- Square Feet: 2,600
- Sq. Ft. Source: Appraiser
- Living Area: 2,600 Sq. Ft.
- Current Bldg. Use: Commercial
- Year Built: 1980
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 27,007.2
- Frontage: City Street
- Lot Features: Historic Area
- Fencing (Description): Wood
Financial Considerations
- Price Per Sq. Ft.: $492.31
- Tax Amount: $6,947.36
- Tax Year: 2024
- Terms: Cash, Conventional
- Owner Pays: None
Disclosures and Reports
- Property ID: 28-37-10-00-00757.0-0000.00
Listed by America East Realty, Inc.
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Schools
Schools serving 653 E University Blvd
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Palm Bay Magnet Senior High School 101 Pirate Lane, Melbourne, FL 32901 | 9-12 | 1.1 mi |
University Park Elementary School 500 West University Boulevard, Melbourne, FL 32901 | PK-6 | 1.2 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 0.4 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 653 E University Blvd
Date
Details
Price
Change
Source
5/19/2025
Price Reduced
$1,280,000
-8.57%
MLS
6/01/2024
Price Reduced
$1,400,000
-6.67%
MLS
7/06/2023
Listed
$1,500,000
25%
MLS
3/18/2023
Sold
$1,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 653 E University Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,591
-34%
$203,170
2%
2024
$5,431
-22%
$198,960
-32%
2023
$6,972
1%
$290,630
—
2021
$6,879
-1%
$289,250
-4%
2022
$6,947
1%
$301,270
-45%
2021
$6,879
-42%
$543,330
7%
2018
$11,888
3%
$507,860
-3%
2019
$11,565
—
$525,920
11%
2017
$11,513
28%
$475,000
44%
2016
$9,019
5%
$330,000
10%
2015
$8,570
3%
$300,000
3%
2014
$8,319
3%
$290,000
5%
2013
$8,068
—
$275,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 653 E University Blvd
653 E University Boulevard, Melbourne, FL 32901 (MLS# 970373) is a Business property. 653 E University Boulevard is currently listed for $1,280,000 and was received on July 06, 2023. Want to learn more about 653 E University Boulevard? Do you have questions about finding other Business real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

