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$450,000
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Property Description
MASSIVE PRICE REDUCTION! The lot alon is worth more than this price! Oustanding redevelpoment oppportunity on almost 1 acre of land. This sitre is located between Viera and Suntree with huge traffic counts. This was a former restaraunt and could be renovated and brought back to life or convert to retail or other uses. Highest and best use would be a tear down and build new retail flex space on site.
Full Property Details
Full Property Details for 5885 US-1
General
- Sold For: $450,000
- Taxes: $2,806 (2023)
- Status: Closed
- Type: Retail
- Source: BrevardCounty
- MLS ID: 1001416
- Added to Site: 745 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Parking
- Parking Features: Parking Lot
Location
- Area: 213 - Mainland E of US 1
- County: Brevard
- Driving Directions: From Viera Blvd head South on US 1 approx 2/3rds of a mile. Property is on your left or East side.
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Exterior Const.: Concrete
- Stories/Levels: 1
- Square Feet: 4,563
- Sq. Ft. Source: Public Records
- Living Area: 4,563 Sq. Ft.
- Year Built: 1952
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 0.94
- Lot Size (Sq. Ft.): 40,946.4
- Lot Features: Other
Financial Considerations
- Price Per Sq. Ft.: $142.43
- Tax Amount: $2,806.47
- Tax Year: 2023
Disclosures and Reports
- Legal Description: PART OF GOVT LOT 2 AS DES IN ORB 2658 PG 746
Listed and Sold by Harber Realty, Inc.
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Schools
Schools serving 5885 US-1
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Ralph M Williams Junior Elementary School 1700 Clubhouse Drive, Rockledge, FL 32955 | PK-6 | 2.7 mi |
Viera High School 6103 Stadium Pkwy, Viera, FL 32940 | 9-12 | 3.2 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 5885 US-1
Date
Details
Price
Change
Source
8/23/2024
Sold
$450,000
-30.76%
MLS
6/29/2024
Price Reduced
$649,900
-7.14%
MLS
6/01/2024
Price Reduced
$699,900
-6.67%
MLS
4/30/2024
Price Reduced
$749,900
-11.78%
MLS
1/01/2024
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5885 US 1, Rockledge, FL 32955 (MLS# 1001416) is a Retail property that was sold at $450,000 on August 23, 2024. Want to learn more about 5885 US 1? Do you have questions about finding other Retail real estate for sale in Rockledge? You can browse all Rockledge real estate or contact a Coldwell Banker agent to request more information.

