1990 W New Haven Ave

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1990 W New Haven Ave

melbourne, FL 32904
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

1990 W New Haven Avenue is situated in West Melbourne, Florida, along a primary commercial corridor also known as U.S. Route 192. The property is positioned within a high-traffic area characterized by a mix of retail centers, professional services, and dining options, including the nearby Melbourne Square Mall. It is located approximately four miles west of downtown Melbourne and provides direct access to Interstate 95, facilitating regional connectivity. Public transit stops are available along the New Haven Avenue frontage, serving the greater Space Coast area. The building is suited for professional office use, including administrative, legal, or financial services. Given its proximity to the Holmes Regional Medical Center and established residential communities, it is also a viable location for medical office practitioners or consultants. The typical tenant profile includes small to mid-sized firms seeking visibility on a major thoroughfare and convenience for both employees and clients. The layout supports partitioned workspaces or open-plan configurations typical of modern commercial office requirements.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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