At 1.2 acres total, you will get a well-maintained 2011 Medical Building, just Blocks from Holmes Regional Hospital. Included in the Sale is a .40 acre lot adjacent to the property. The lot already includes a dedicated retention pond, that was developed on the adjacent .80 acres with building, perfect for Investors seeking a Versatile Property with immediate use and long-term Development Potential. This 3500 liv. sqft Modern Facility features 5 Exam rms, 3 Baths, 3 Offices, Lunch Rm, Triage Area, 2 Reception Offices, 3 Exit Doors, 4 storage rms, 20 parking spots, 2 retention ponds and a Spacious Lobby. Noticeable Quality in the Interior, features include Solid Wood Doors, Plantation Shutters, Granite Counters and High End Cabinetry.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Aerospace Realty
Office Phone: (321) 427-0887
Listing Agent: Barbara Zapotocky
Lot Features
Lot Information:
Lot Size: 1.20 Acres
Other
Directions Information:
Directions: From US1, take E Hibiscus Blvd. West, go South on S. Apollo Blvd. Building on West side of road and attached vacant lot North of building is included in sale.
Price Information
Listing Price Info
Price Summary:
List Price: $1,615,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Melbourne, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,128
Per Month
Principal & Interest
$8,061
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,908
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
University Park Elementary School
500 W University Blvd
Distance between this listing and this school1.55 miles
Public District Grades PK-6
10
/10
Indialantic Elementary School
1050 N Palm Ave
Distance between this listing and this school2.94 miles
Public District Grades KG-6
6
/10
Harbor City Elementary School
1377 Sarno Rd
Distance between this listing and this school2.94 miles
Public District Grades PK-6
Nearby Schools
2
/10
Stone Magnet Middle School
1101 E University Blvd
Distance between this listing and this school1.70 miles
Public Magnet Grades 7-8
5
/10
Hoover Middle School
2000 Hawk Haven Dr
Distance between this listing and this school2.90 miles
Public District Grades 7-8
3
/10
Central Middle School
2600 Wingate Blvd
Distance between this listing and this school3.17 miles
Public District Grades 7-8
Nearby Schools
6
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school0.46 miles
Public District Grades 9-12
10
/10
West Shore Junior/Senior High School
250 Wildcat Aly
Distance between this listing and this school1.75 miles
Public District Grades 7-12
3
/10
Palm Bay Magner High School
101 Pirate Ln
Distance between this listing and this school2.43 miles
The neighbors living near this home have an average income of $31,613. Most Melbourne, FL residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1608 S Apollo
What is the listing price of this property?
The listing price of 1608 S Apollo property is $1,615,000.
What type of property is this?
The property 1608 S Apollo is land located in Melbourne, Florida, 32901.
Is this property for sale now?
Active Listing: 1608 S Apollo is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1608 S Apollo in Melbourne, FL and zip code 32901. This home sits on a 1.20 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,615,000.
While more than 12 listings in Melbourne, FL in October 2024 were sold above asking price, there were more than 65 listings sold at asking price, and more than 160 were sold below. The inventory of homes for sale in Melbourne, FL between September 2024 and October 2024 increased by 2.1%. While the average time on the market in October 2024 was 58 days, the median list price was $420,837.
From Rocket Homes Real Estate and based on county public records data.